The Alabama man took over the SEC's X account to falsely post that the agency had approved Bitcoin ETFs, sending the cryptocurrency's price soaring.
A new Senate committee for digital assets held its inaugural hearing on Wednesday as Congress moves toward crafting comprehensive legislation to regulate the crypto market and protect consumers. “This industry needs clear rules of the road that it can follow while simultaneously promoting both responsible innovation and protecting consumers,
Eric Trump predicts Bitcoin will skyrocket to $1 million. Since his bold claim, BTC has hit an all-time high of $108,786.
So much for Donald Trump being the crypto industry’s favorite president. But the Bitcoin selloff opens up a window for investors to scoop up crypto-related stocks that are suddenly on sale. Since Inauguration Day,
Exchange traded funds, operating like a mutual fund, are a simple way for people to invest in assets such as gold, junk bonds or, in this case cryptocurrencies, without having to directly purchase the individual assets themselves. In a somewhat ironic development, the SEC actually did approve 11 exchange traded funds for Bitcoins the very next day.
Lummis will finally assume the role of Chair of the newly established Digital Asset Subcommittee under the Senate Banking Committee.
The factors below are strong indications of Bitcoin eventually reaching the milestone, says Matt Hougan from Bitwise Asset Management.
President Donald Trump has emphasized his commitment to crypto is responsible for the recent historic highs for Bitcoin.
The Senate Banking Subcommittee on Digital Assets convened for its inaugural hearing today, titled“Exploring Bipartisan Legislative Frameworks for Digital Assets.” During this session, members of the subcommittee and representatives from the Cryptocurrency sector primarily focused on the regulation of stablecoins.