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Bitcoin Tops $41K as Yellen’s Leaked Comments Signals Friendlier Stance in Biden’s Crypto Order

Bitcoin (BTC) rallied early on Wednesday, pushing the broader crypto market higher after U.S. Treasury Secretary Janet Yellen's leaked remarks revealed that President Joe Biden's impending crypto order would take a constructive approach in regulating the digital assets industry. Source

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Grayscale launches campaign to encourage public comments on Bitcoin ETF application

As the U.S. Securities and Exchange Commission is considering whether to approve or deny asset manager Grayscale’s application for a Bitcoin spot exchange-traded fund (ETF), the firm has called on American investors to submit comments to the regulator.In a Tuesday Twitter thread, Grayscale CEO Michael Sonnenshein announced the launch of

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Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation

Bitcoin (BTC) fell further with stocks on the Wall Street open Feb. 17 as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMacro conditions stay grim for stocks, cryptoData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for

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Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments

Outflows do not necessarily imply passive investing and investors often tokenize coins drained from centralized exchanges on the Ethereum blockchain to earn extra yield. The number of wrapped bitcoin (WBTC) has increased by 13,000 this year, extending the year-long rising trend. WBTC is the first ERC20 token backed 1:1 with

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