The incoming president has already announced he would tap pro-crypto, pro- regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.
\+ the Bitcoin metric at a 3-year high The week got started with Bitcoin prices spiraling down from all-time highs, only to see the price regain most of its ground by week's end. The future looks bright for a Bitcoin ETF, thanks to Biden's choice of SEC chairman. FinCEN is extending the comment period on its controversial new proposals regarding self-hosted...
Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.
Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.