The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky believes.
Bitcoin news
BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision.
Bitcoin Open Interest reached $45.4 billion on Nov. 6 after Donald Trump won the US presidential election and Bitcoin tapped all-new highs.
BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States.
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain.
Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data.
Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win.
A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.
The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”