The adoption of Bitcoin is taking place at an extremely rapid pace.
Incoming Wyoming Senator Cynthia Lummis recently took to Fox News and ABC News to talk about her policies, which include pushing for the adoption of Bitcoin.
Bitcoin, on the other hand, has a scarce and provable supply due to the implementation of halvings.
This is important because Gensler is an active Bitcoin and crypto-asset proponent, having worked with MIT's Digital Currency Initiative, along with publishing op-eds explaining how innovative the technology is.
The soon-to-be head of the Comptroller of the Currency, which regulates banking institutions, is also a Bitcoin bull, as is the current chairman of the CFTC. Adding to this, Jay Clayton recently stepped down as the head of the SEC. While Clayton did say some good things about Bitcoin, he was infamous for seemingly spearheading attempts to stop a Bitcoin exchange-traded fund proposal from passing.
At the time of press, Bitcoin is ranked #1 by market cap and the BTC price is up 8.41% over the past 24 hours.
At the time of press, the global cryptocurrency market is valued at at $505.9 billion with a 24-hour volume of $188.2 billion.
Bitcoin dominance is currently at 66.60%. Learn more.
Posted In: Bitcoin, Adoption, Culture, Price Watch You might also enjoy.... This $700m cryptocurrency is about to see its first halving six months after Bitcoin Nick Chong 2 years ago 2 min read. Bitcoin "Enters stratosphere" as massive OTC deals spark institutional demand Joseph Young 2 years ago 2 min read. Why this Wall Street fund quietly signaled its intention to invest in Bitcoin Nick Chong 2 years ago 2 min read. Retail Is Coming: Game of Thrones star asks Twitter if she should long Bitcoin Nick Chong 2 years ago 2 min read. Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate.
Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Why this incoming U.S. Senator just shilled Bitcoin to millions on national TV
Publicado en Nov 18, 2020
by Cryptoslate | Publicado en Coinage
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