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Bitcoin Hits New High for June as More Financial Incumbents Signal Commitment to Crypto

Bitcoin climbed on Monday as more financial institutions gave their bitcoin blessing after BlackRock filed for a spot bitcoin ETF last week.

Financial Institutions Need to Support a Code Change to Cleanup Bitcoin

Big financial services companies like Fidelity need to acknowledge Bitcoin’s climate pollution and other environmental impacts by taking responsibility for the problem. The financial industry is generating revenue and creating services to help grow this energy-intensive cryptocurrency. At the same time, corporate pledges to reduce carbon emissions and sustainability plans don’t include Bitcoin’s climate impacts or risks.

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