Bitcoin (BTC) held steady on Friday after the U.S. Securities and Exchange Commission (SEC) repealed an accounting rule that previously forced banks to classify the cryptocurrency and other digital assets as liabilities on their balance sheets,
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard Chartered wrote.
Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without selling their assets, says BitLab Director Kelly Kellam.
Key Takeaways Trump signed an executive order on digital assets, seeking recommendations on regulations and possibly setting up a digital stockpile.The SEC has already become more friendly to the crypto industry by rescinding SAB 121,
President Donald Trump this week signed an executive order to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?
President Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding crypto assets. The administration’s new leadership at the SEC just rescinded Staff Accounting Bulletin 121,
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations,
The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
The CEOs of Coinbase, Binance and Circle told CNBC they see a clearer path toward getting concrete laws for the crypto industry.
President Trump's Jan. 23 executive order creates a crypto task force to craft rules and study a national reserve or stockpile of digital assets.
As Bitcoin continues to chart new highs on the back of institutional adoption, demand for DeFi services is expected to grow.