Season 1 Episode 336
The cryptocurrency market is experiencing a major week with Bitcoin reaching $119,000 and crucial legislation being considered in Washington that could transform America's approach to digital assets.
• Three key bills being voted on in the US this week could redefine the crypto landscape
• Bitcoin miners showing strong performance with many up in high single or low double-digit percentages
• Bit Digital filed an S1 for WhiteFiber spinoff with ticker WYFI, with 80% going to existing shareholders
• Blockstream and Cantor Fitzgerald raising a massive $4 billion for Bitcoin treasury investments
• Soluna Holdings struggled with dilution, selling 9 million shares at 55 cents, significantly below recent prices
• The Clarity Act aims to clarify which digital assets are securities vs commodities
• Anti-CBDC Surveillance State Act would ban central bank digital currencies in the US
• The Genius Act would regulate stablecoins with a framework for consumer protection
• State-level Bitcoin adoption progressing with Arizona, Texas, and Utah leading with approved Bitcoin reserves
• Approximately 50% of US states now have cryptocurrency initiatives in some stage of development
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Published on 5 months, 2 weeks ago
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