• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Regulations

Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Chair

n70products by n70products
December 5, 2024
in Regulations
0
Bitcoin (BTC) Smashes Through 0,000 Following Trump’s Pick of Paul Atkins for SEC Chair
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Bitcoin (BTC) shattered the $100,000 milestone for the primary time after President-elect Donald Trump introduced his new decide to chair the U.S. Securities and Change Fee (SEC).

In response to a brand new report by AP Information, Trump has picked former SEC Commissioner and present Patomak Companions chief govt Paul Atkins to move the regulatory company.

As acknowledged by Trump on Fact social media, in line with AP,

“[Atkins] believes within the promise of strong, revolutionary capital markets which can be attentive to the wants of Traders, and that present capital to make our economic system the perfect on this planet. He additionally acknowledges that digital property and different improvements are essential to creating America higher than ever earlier than.”

Moreover, Trump mentioned that he’s a “confirmed chief for widespread sense rules.”

Atkins will substitute Gary Gensler as Chairman of the SEC. Gensler, who stepped down from this place final month, is thought for his hardline stance on crypto property as below his helm, the SEC took a number of high-profile enforcement actions in opposition to distinguished crypto companies, together with Coinbase, Binance, Kraken, and Ripple Labs.

After his tenure as a Commissioner of the SEC from 2002-2008, Atkins has opined that there’s an excessive amount of market regulation, in line with the report.

In 2022, whereas at Patomak, Atkins penned a letter noting that as Individuals have gotten extra acquainted with crypto property, they might develop into eager about buying them for his or her retirement plans.

Information of the announcement despatched the highest crypto asset by market cap flying, as BTC went from a low of $94,890 on December 4th to a peak of $103,425, a brand new all-time excessive. It has since stabilized and is buying and selling for $101,194 at time of writing, a 6.5% acquire on the day.

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Test Price Action

Comply with us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses you might incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet online affiliate marketing.

Generated Picture: DALLE3





Source link

Tags: AtkinsBitcoinBTCChairPaulpickSECSmashesTrumps
Previous Post

Analyst Gives Reasons Why Price Is Headed For $3.2

Next Post

Bitcoin Hits $100K – And Mt. Gox Makes A $2.4 Billion Power Play

Next Post
Bitcoin Hits 0K – And Mt. Gox Makes A .4 Billion Power Play

Bitcoin Hits $100K - And Mt. Gox Makes A $2.4 Billion Power Play

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Here’s How High Solana (SOL) Could Surge, According to Coin Bureau’s Guy Turner

March 28, 2024
Bitcoin unlikely to surge from Fed cuts alone, expert predicts

Bitcoin unlikely to surge from Fed cuts alone, expert predicts

October 10, 2024
Selon cet expert de la finance, 2025 sera l’année des ETF Crypto

Selon cet expert de la finance, 2025 sera l’année des ETF Crypto

January 14, 2025

Recents

Have cryptocurrencies arrived as an asset class? It’s complicated

Have cryptocurrencies arrived as an asset class? It’s complicated

June 21, 2025
Can holding Bitcoin make you a target? France’s scary new reality

Can holding Bitcoin make you a target? France’s scary new reality

June 21, 2025
Shares of Coinbase and Circle Explode in Value After US Senate Passes Landmark Stablecoin Bill

Shares of Coinbase and Circle Explode in Value After US Senate Passes Landmark Stablecoin Bill

June 21, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report Ripple SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version