Digital Chamber Gets New Chief as Crypto Lobbyists Embrace Friendlier Washington
The Digital Chamber's founder and longtime CEO, Perianne Boring, is stepping into a board chairman role as Cody Carbone takes over the leadership.
The Digital Chamber's founder and longtime CEO, Perianne Boring, is stepping into a board chairman role as Cody Carbone takes over the leadership.
Bitcoin (CRYPTO: BTC) boosters sometimes refer to the cryptocurrency as digital gold because of its scarcity and limited supply. For Bitcoin to flip gold, it would need to become much more valuable, but that's not as meaningful as it may seem. Today, Bitcoin's market cap is approaching $1.7 trillion.
The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin’s price.
Germany has passed a landmark spending bill, unlocking hundreds of billions of euros for defence spending and infrastructure investment. While the historic debt reform is expected to boost Europe’s largest economy, there are further implications for its stock and bond markets.View on euronews
A Bitcoin whale recently closed a massive short position worth $516 million, securing a profit of $9.4 million in just eight days.
On Jan. 20, Bitcoin (CRYPTO: BTC) hit a new all-time high of more than $109,000. At the time, many investors were expecting the pro-crypto policies of the incoming Trump administration to send the price of Bitcoin soaring even higher. Bitcoin is now down about 25% since Jan. 20.
Coinbase’s stock is expected to rise sharply as the U.S. shifts toward more crypto-friendly policies under President Donald Trump.
Cathie Wood, CEO of ARK Invest, warned that the U.S. economy is at risk of a recession, contradicting U.S. Treasury Secretary Scott Bessent, who dismissed such concerns.
The expected end of quantitative tightening could bode well for BTC and other risk assets, but gains may be tempered by stagflationary adjustments in economic projections.
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