An SEC chairman who understands and appreciates the potential of blockchain and cryptocurrencies would likely be a huge improvement over the recently departed SEC chairman Jay Clayton, who has been a staunch opponent of allowing bitcoin exchange traded funds, often citing rampant market manipulation.
Markets Report: Bitcoin sets a $24,600 all-time high on Christmas Day
Nothing stands in the way of Bitcoin this Christmas as buyers fuel a surge to levels never seen before and resistance collapses
“Bitcoin all-time high. Merry Christmas,” Peter McCormack, host of the What Bitcoin Did podcast, summarized to Twitter followers. “It’s roast bear for Christmas dinner with all the trimmings.”
Square pledges $10M for Bitcoin Clean Energy Investment Initiative
The crypto-friendly company’s pledge comes as the Biden administration, which is determined to tackle climate change, prepares to take office
The payments platform, which recently acquired BTC worth $50 million, said it is determined to become net zero carbon for operations by 2030—and wants to tackle the carbon footprint that’s associated with purchasing Bitcoin on behalf of its customers.
Biden Administration will be crypto’s friend: Circle’s Jeremy Allaire
The CEO of the USDC stablecoin-issuer predicted President-elect Joe Biden’s administration will see cryptocurrencies as a way to ‘make America more competitive’
Speaking on CNBC’s Squawk Box on Dec. 7, Allaire said “they will ultimately be supportive because this is an infrastructure change as big as the initial commercial internet. That said, Allaire noted that the administration is facing pressure to regulate cryptocurrencies and Bitcoin more aggressively, from both the left and the right.