Bitcoin Surges Past $75,000 Amid Treasury Buybacks and Short Squeeze

Bitcoin Surges Past $75,000 Amid Treasury Buybacks and Short Squeeze

The price of Bitcoin soared past $75,000 late on a Thursday, crossing the threshold for the first time since May, according to reporting from Forbes. The world’s most valuable cryptocurrency by market cap rose to $75,268 early Friday, marking an increase of more than $10,000 over a two-day span. Bitcoin Surges Past $75,000 in Market-Wide … Read more

Senate Majority Leader John Thune Moves to Advance Digital Asset Market Clarity Act

Senate Majority Leader John Thune Moves to Advance Digital Asset Market Clarity Act

U.S. Senate Majority Leader John Thune moved to advance a major bill creating a regulatory framework for cryptocurrencies, filing early Saturday morning to set up a key procedural vote on the Digital Asset Market Clarity Act when the Senate returns from its August recess in mid-September, according to the Reuters website. The procedural maneuver potentially … Read more