Bitcoin jumps above $71,000, building on its resilience to Middle East conflict
Bitcoin climbed above $71,000, gaining more than 6% in 24 hours and leading broad advances in major cryptocurrencies.
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Bitcoin climbed above $71,000, gaining more than 6% in 24 hours and leading broad advances in major cryptocurrencies.
The prolonged debate around stablecoin interests has led to the delay of a broader digital asset market structure legislation.
Former Los Angeles Police Department officer Eric Halem was reportedly convicted of handcuffing and threatening to kill a teenager to steal Bitcoin.
House Bill 1042 also includes provisions to protect the rights of crypto users, barring public agencies from enforcing rules that ban crypto payments, self-custody, or mining.
The largest cryptocurrency briefly reclaimed the top of its range on Tuesday before sellers pushed it back to $67,000, while South Korean stocks posted their worst two-day drop since 2008.
Bitwise’s Matt Hougan called it the “weekend that changed finance” as investors clambered onto Hyperliquid to trade the Israel-Iran conflict.
Indiana Governor Mike Braun signed House Bill 1042 into law on Wednesday, allowing certain state retirement programs to offer crypto exposure.
Bitcoin will eventually reach a point where the US government creates the conditions it needs to succeed, whether that takes 10 or 20 years, according to a Bitcoin executive.
Australia is on a trajectory for only $710 million in annual economic gains from crypto by 2030 unless there's a substantial change, the Digital Finance Cooperative Research Centre says.
Bitwise CIO Matt Hougan wrote that the US military strikes on Iran, announced Sunday morning, accelerated the shift toward onchain finance.
Trump has urged banking groups to “make a good deal” with the crypto industry and said undermining the GENIUS Act is “unacceptable.”
Ray Dalio says that gold is a better safe-haven asset in times of conflict compared to Bitcoin, and raised concerns about the cryptocurrency’s lack of privacy.