Let’s sum up another week for the world of digital assets. Of course, the main reason for joy was the long-awaited growth of Bitcoin above 100 thousand dollars. The person who will take the post of the head of the Securities and Exchange Commission under Trump has also become known. Here are the most important things for this period.
Michael Saylor Tried to Convince Microsoft to Buy Bitcoin. What Happened?
MicroStrategy remains the largest holder of BTC among public companies. However, the giant’s representative Michael Saylor is not against additional competition. Therefore, he tried to convince the board of directors of Microsoft to buy the coins.
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Ripple representative reveals the main way the government puts pressure on the cryptocurrency sphere. What is it?
Ripple CTO David Schwartz shared details of the pressure the US government is putting on the coin industry. According to him, this was done in the dark and without any official decisions. Therefore, now there is a chance to change all this.
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Cryptocurrency Exchange Coinbase No Longer Partners With Those Who Hired Former SEC Employees. Why?
Coinbase executives have refused to engage with law firms that employ former SEC officials. According to Brian Armstrong, such people have caused a lot of problems for the coin industry in recent years. Therefore, they need to be dealt with.
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Bitcoin hits $100,000 for the first time. What’s next for the cryptocurrency market?
The main news of the week or even this year was the growth of Bitcoin to the level of 100 thousand. After that, the cryptocurrency also set another historical maximum of 104 thousand. And this is an excellent trend for a bull run.
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Trump Nominates Paul Atkins to Head the Securities Exchange Commission (SEC). Who is he?
Newly elected US President Donald Trump has decided who he will recommend for the post of SEC Chairman. It turns out that Gary Gensler will be replaced by Paul Atkins. And he has a good attitude towards coins.
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The Fed chief called Bitcoin a competitor to gold. What does this comparison mean for the cryptocurrency?
This week, US Federal Reserve Chairman Jerome Powell also spoke about Bitcoin. He called the cryptocurrency a digital analogue of gold. Moreover, he does not consider BTC a competitor to the dollar.
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Why $100K is Just the Beginning for Bitcoin? ARK Invest CEO Answers
Apparently, BTC’s rise to 100k does not mean the end of the bull run. Now we are waiting for improved regulations for coins in the US and much more. So the cycle is probably continuing.
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