ETH/AUD

For years, the cryptocurrency sector has asked the U.S. for a clearer regulatory framework. With a new president to take office, the industry is hoping it will get its wish, Bloomberg News reported Sunday (Jan. 19). Near the top of the crypto world’s “wish list” from the Trump administration, the report said, is an executive order requiring regulators to ...

Bitcoin has risen above $104,500, signaling that the bulls are in command. A large part of the enthusiasm stems from the expectations that the US will see the adoption of a national Bitcoin reserve. If that happens, the US Treasury will have to buy one million Bitcoin over five years, leading to a supply crunch. Analysts are highly bullish on the prospect ...