President Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding crypto assets. The new administration just rescinded Staff Accounting Bulletin 121,
Trump has signed an executive order to create a federal framework for digital assets and establish a crypto advisory council.
Bitcoin hit a record at $109,225 early Monday ahead of the inauguration ceremony of President Donald Trump, who is expected to run a pro-crypto administration. The largest cryptocurrency by market capitalization pulled back slightly to around $104,
Bitcoin, the world's largest cryptocurrency, approached the previous session's record high on Tuesday in choppy trading as the top U.S. markets regulator unveiled a plan to overhaul rules for the sector.
Volatility measures suggest that a major price move is incoming. Bitcoin’s technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2 timeframe. Bitcoin has struggled to push on since printing a fresh high on inauguration day of around 109356.
The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.
President Trump's administration promises pro-crypto regulations, favorable taxation, and strategic Bitcoin reserves, signaling potential growth. Read more here.
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
President Trump’s new executive order embraces Bitcoin and open blockchain technologies, bans Central Bank Digital Currencies, and revokes prior restrictive regulations—signaling a landmark policy shift toward fostering responsible innovation and financial freedom in the United States.
President Donald Trump on Thursday has signed executive orders on digital assets, aiming to bolster U.S. leadership in the crypto industry while halting progress on central bank digital currencies.
Blockchain development firm Blockstream has launched two institutional investment funds that provide direct exposure to the company’s Bitcoin ecosystem, giving investors the ability to earn yields on Bitcoin-backed loans and other revenue streams.