As bitcoin's price surges, crypto's power in Washington withers
The price of bitcoin has been on a tear in recent weeks, but the crypto industry has notched few wins in Washington of late.
Source: marketwatch.com
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The price of bitcoin has been on a tear in recent weeks, but the crypto industry has notched few wins in Washington of late.
Shares in the crypto broker have outperformed Bitcoin, but the stock has pared gains in recent days.
Traders are piling into speculative bets that would pay off if bitcoin climbs above $50,000.
Digital assets continue to benefit from a perfect storm of factors that has helped push prices skywards in recent weeks.
JPMorgan CEO Jamie Dimon and bank CEOs are calling for more regulation of crypto and Bitcoin. It’s unlikely anytime soon.