House Republicans have selected Rep. French Hill (R-Ark.) to lead the influential Financial Services Committee, positioning a vocal crypto advocate at the helm of Wall Street’s congressional oversight body. This also puts Hill in a position that would serve as a crucial starting point as legislative efforts for the crypto industry begin next year. Hill secured the chairmanship Thursday after…
Ethereum still has the crown for total developer activity, topping the charts across every continent around the world. Source: https://cointelegraph.com/news/solana-flips-ethereum-top-ecosystem-new-developers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin is forecast to soar to $150,000 by mid-2025, as surging FOMO and institutional investment drive ultra-bullish momentum in the cryptocurrency market. Bitcoin Could Hit $150K by Mid-2025 as FOMO Sends Markets Into Overdrive Nigel Green, CEO of financial advisory firm Devere Group, has predicted that bitcoin could climb to a new high of $150,000 […] Source: https://news.bitcoin.com/fomo-could-catapult-bitcoin-to-150k-by-mid-2025-btc-to-become-a-must-have-asset/
Bitcoin environmentalist Daniel Batton criticized the methods used by Digiconomist founder Alex de Vries to assess Bitcoin’s environmental impact. Source: https://cointelegraph.com/news/bitcoin-energy-consumption-fud-came-digiconomist?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor has addressed concerns about $100,000 bitcoin being “too expensive,” revealing a confident strategy rooted in its unmatched value and future potential. Michael Saylor on $100K Bitcoin: A Strategic Bet on Future Value Michael Saylor, executive chairman of Microstrategy, addressed concerns about bitcoin’s rising price in a discussion with Barstool Sports founder Dave Portnoy […] Source: https://news.bitcoin.com/is-100k-bitcoin-too-expensive-michael-saylor-breaks-down-his-strategy/
Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, […] Source: https://news.bitcoin.com/blackrock-compares-bitcoin-to-magnificent-7-stocks-the-next-big-allocation-play/
Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/ripple-legal-chief-calls-out-sec-commissioner-even-more-rogue-than-gensler/
Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday […] Source: https://news.bitcoin.com/keep-2-3-of-your-net-worth-in-bitcoin-thomas-peterffy-advises/
Trump’s new pick for the next SEC Chair is a win for the crypto industry, but the desired changes may be slow to come into play. Source: https://cointelegraph.com/news/everything-know-pro-crypto-sec-chair-paul-atkins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide. Source: https://cointelegraph.com/news/why-tech-giants-like-amazon-may-hesitate-adopt-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
