Bitcoin correction approaching a conclusion, Hawk Tuah influencer releases statement, and more: Hodlers Digest
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Market structure bill on agenda in first 100 days — Rep. French Hill
The FIT21 market structure bill passed the House of Representatives in May 2024 with bipartisan support by a 278-136 margin.
Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token.
VanEck predicts Q1 2025 crypto correction before Q4 all-time highs
Bitcoin could reach $180,000 by the end of 2025, the asset manager said.
Bitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve could help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
Early Bitcoin investor jailed for unreported crypto gains in $4M BTC sale
A Texas Bitcoin investor faces two years in prison for failing to report over $4 million in cryptocurrency gains, setting a legal precedent.
Bank of England watchdog asks firms to disclose crypto exposure
The UK’s central bank wants to monitor the stability of crypto and set future policy; it has asked local firms to disclose their current and future crypto plans.
Trump team seek ways to slim or abolish banking regulators: WSJ
Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report.
Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions.
New SEC boss Paul Atkins will transform crypto… but not right away
Trump’s new pick for the next SEC Chair is a win for the crypto industry, but the desired changes may be slow to come into play.