Senate Rejects Amendment To Exclude U.S. Bitcoin Entities From Broker Designation

The U.S. Senate Rejected A Bipartisan Amendment Monday Aiming To Clarify The Tax-Reporting Provisions Required For Brokers Supporting The Bitcoin Economy.

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Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation

Joe Biden’s pick to become the new U. S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing.

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Fresh Biden Stimulus Package Could Help Boost Bitcoin

This comes after the current administration’s failed attempts to secure $2,000 stimulus checks, due to opposition from Senate Republicans. Now that the Democrats control both the House and the Senate, President-elect Biden can push for the higher figure without facing the same level of opposition the current administration has.

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Bitcoin Logs New Record High Above $37,800—Time to Sell?

Traders piled deeper into the Bitcoin market in the early Asian session Thursday, betting on a big hike in sovereign spending under a Democratic-controlled Senate. The BTC/USD exchange rate, one of the leading instruments by volume in the cryptocurrency space, surged to its record high of $37,810 by Shanghai noon.

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What Georgia’s Elections Mean for Bitcoin

As the Democrats appear to be headed to victory, how does their new U.S. Senate majority impact markets as a whole and bitcoin more specifically?

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Kimchi Spreads, ‘Rat Poison,’ Shape Shifts: What You Need to Know in Crypto Today

Bitcoin hit a fresh all-time high above $35,000 while former Bakkt CEO Kelly Loeffler lost her U.S. Senate seat.

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Bitcoin ‘Makes Sense’ Under ‘Incredibly Aggressive Fed’ – Former Governor

In this environment, Warsh believes an allocation to bitcoin “makes sense. ” Warsh made his comments as Democrats took control of the US Senate earlier Wednesday. The election results will likely increase further stimulus measures.

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The Bitcoin Price Just Ripped Past $35,000 After Consolidation

Bitcoin just set a new all-time high just minutes ago, exploding from $34,000 to $35,800. The cryptocurrency has since retraced slightly to $35,300 as the breakout has slowed to some extent. BTC’s rally appears to be a byproduct of news that the democrats are expected to win the Georgia Senate elections, which will determine the […]

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Bitcoin Eyes $20K as Stronger Dollar Offsets US Stimulus News

Bitcoin prices fell for the third consecutive session on Tuesday as a stronger US dollar countered the US Senate's approval of a long-pending coronavirus stimulus package.

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Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.

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Bitcoin and MMT Critic Janet Yellen Picked as Treasury Secretary by President-Elect Joe Biden

President-elect Joe Biden has chosen former Federal Reserve Chairwoman Janet Yellen to become the next Treasury Secretary. Yellen, an economist, if confirmed by the Senate, will become the first woman to hold the position.

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US Senator Cynthia Lummis to Ensure Congress Understands Bitcoin Is a ‘Great Store of Value’

Bitcoiner Cynthia Lummis has been elected to the U. S. Senate. She has revealed that one of her priorities is to explain to her colleagues in Congress about bitcoin being “a great store of value.

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Cynthia Lummis Is Bringing Bitcoin To The U.S. Senate

Wyoming’s Cynthia Lummis is the most outspoken Bitcoin advocate ever elected to the Senate and she’s on a mission to ensure that the technology is protected. The post Cynthia Lummis Is Bringing Bitcoin To The U.S. Senate appeared first on Bitcoin Magazine.

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Bitcoin Finds A New Convert In Former Australian Senator Who Thinks “Bitcoin Is The Millennial Version Of Gold”

A former member of the Australian Senate is joining the Bitcoin bandwagon and with a bang. Former senator Cory Bernardi has been a rather controversial figure during his days as a senator. He’s known for his views against any attempt to introduce anything that could turn his country into a Marxist society. In January, he […]

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Cynthia Lummis to be the first Bitcoin owner in the US Senate

The crypto industry has just made a major step in the right direction, after Wyoming voters recently elected Cynthia Lummis — an ex congresswoman — to the US Senate. Lummis is a known Bitcoin supporter, and she has been a BTC owner since 2013.

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Bitcoiner Elected to US Senate: Cynthia Lummis Sees ‘Great Promise’ in Bitcoin

A bitcoin hodler has won a U. S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for bitcoin to address some of the manipulations in the financial system.

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First Mover: ‘Blue Wave’ in US Senate Could Mean Flood of Stimulus for Bitcoin

As U.S. President Donald Trump fades in election polls, Wall Street analysts are sketching out the market implications of legislative races.

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US Senate Candidate Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar

US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she calls herself a hodler and sees the cryptocurrency as a viable alternative store of value to the US dollar.

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Bitcoin Poised to Benefit from New U.S. Stimulus Proposal If Senate Approves

Coinspeaker Bitcoin Poised to Benefit from New U. S. Stimulus Proposal If Senate ApprovesAmericans who have been buying Bitcoin with their U. S. stimulus package may now buy more once the Senate approves the new bill.

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Bitcoin HODLer Cynthia Lummis Wins Senate Primary in Wyoming

Former Rep. Cynthia Lummis (R-Wyo. ) has won the first round of the US Senate race. On Tuesday, she won her state's Senate GOP primary and is now one step closer to replacing retiring Sen. Mike Enzi (R).

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Pro-Bitcoin Senate Candidate Wins Primary Race in Wyoming

Cynthia Lummis, a former U.S. Representative and current bitcoin advocate, has won her primary race to join the U.S. Senate representing Wyoming.

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Russia, With Bitcoin Playing Bit Part, Tried to Hack 2016 US Election, Senate Report Finds

Bitcoin may have been the salacious pretext to Marina Butina's fling with Patrick Byrne.

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Senate Says Jailed Russian Spy Bonded With Overstock CEO Over Bitcoin Hoping to Get to Rand Paul

New details of the salacious Butina–Byrne romance that led the Overstock CEO to resign emerge in the latest volume of the Senate's Russia investigation.

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How “Picture Perfect” Macro Uncertainty Will Keep Gold, Bitcoin Trending

This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold reached a new all-time high, and Bitcoin soared to $11,000.

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New legislation could cause Bitcoin major problems in the US

The US Senate’s LAED Act could put a de facto end to Bitcoin use...

The post New legislation could cause Bitcoin major problems in the US appeared first on Coin Journal.

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U.S. Authorities Point Searchlight into Crypto’s Role in Trafficking

Republicans and Democrats in the Senate Banking Committee are putting preparations in top gear to introduce a bill that would mandate the Government Accountability Office (GAO) to critically study the role of bitcoin (BTC) and other cryptocurrencies in illicit activities such as human and drug trafficking, money laundering, terrorist financing as well as other onlineRead MoreRead More.

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How Will The Crypto Market React To Next Week’s Senate Hearing On a Digital Dollar?

Bitcoin and the rest of the crypto market are at a pivotal moment. Either a new bull market is beginning, or a deeper fall into a bear market is next. How will the market react to the potential emergence of a digital dollar coming out of next week’s Senate hearing on the topic? Crypto Dad Pushes United States To Embrace A Central Bank Digital Currency Next Tuesday, the United States Senate Banking Committee will hold […]

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Blockchain Bites: Poolin Lending, Square Crypto’s Grant and a Senate Candidate Who Holds Bitcoin

Square Crypto supports Bitcoin's lightning network development, crypto mining pool Poolin expands lending and ICE is going after the petro dollar's creator.

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Meet the US Senate Candidate Who’s Invested in Bitcoin Since 2013

Wyoming U.S. Senate candidate Cynthia Lummis says bitcoin's store-of-value appeal has never been stronger. So she continues to HODL.

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Ex-Bakkt CEO Kelly Loeffler Got $9M Payout as She Left for US Senate: Report

Senator Kelly Loeffler received the hefty payout from her husband's company, Intercontinental Exchange, as she left bitcoin company Bakkt to take up her political position.

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Bitcoin in Rangebound Trading as Equity Markets Fail to See Stimulus Boost

The bitcoin market is looking pensive as global equities fail to respond positively to the U.S. Senate's approval of a massive coronavirus stimulus package.

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Stocks, Bitcoin Rally on Prospects for US Senate Stimulus Bill

Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too.

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Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate

ICE’s digital asset arm Bakkt launches the first regulated Bitcoin options and cash-settled futures

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Bitcoin Usage in Nigeria Surging Despite Govt. Caveats

The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care.   Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance.

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A Bitcoiner in the Senate? Is Bakkt CEO in US Govt. Good or Bad for Crypto?

The CEO of the much-hyped Bitcoin futures platform Bakkt has been appointed to serve in the US Senate. Loeffler will replace Georgia Senator Johnny Isakson, who is due to retire at the end of this month.

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Bakkt CEO Kelly Loeffler Could Become a U.S Senator Next Week

Kelly Loeffler, the chief executive of institutional Bitcoin futures platform Bakkt, is expected to be picked by Georgia Governor Brian Kemp for a seat in the United States Senate this week, the Wall Street Journal reports.

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Bakkt CEO Expected to Be Appointed to Senate, But President Donald Trump Isn’t Too Happy

Kelly Loeffler is the CEO of Bakkt, the institutional Bitcoin futures platform launched by the Intercontinental Exchange. As Georgia Governor Brian Kemp aims to appeal to Republican women, reports indicate that he is expected to appoint Loeffler to a seat in the Senate next week.

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Bakkt Boss is the Choice for Vacant Georgia Senate Seat

Endorsed by Gov. Brian Kemp, Kelly Loeffler, CEO of the Bakkt bitcoin futures exchange, will be offered a US Senate seat next week,  Bakkt Boss Takes Hot, Disputed Spot in Senate Loeffler will displace the previously offered candidate, U.

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Bitcoin-Hating Trump is Standing in the Way of Bakkt CEO Becoming U.S. Senator

The CEO of Bitcoin futures exchange Kelly Loeffler wants to join the US Senate. President Donald Trump however has other ideas. The post Bitcoin-Hating Trump is Standing in the Way of Bakkt CEO Becoming U.S. Senator appeared first on CCN.com

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FBI Director: Cryptocurrencies Pose Threats to National Security

Appearing before a hearing by a U. S. Senate Committee to discuss national security and counterterrorism, the Director of the Federal Bureau of Investigation (FBI), Christopher Wray, replied to concerns about bitcoin and other cryptocurrencies.

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FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

In a recent U. S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern that’s “going to become a bigger and bigger one.

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Congressman says XRP, ETH, and BTC are actual cryptocurrencies, not Libra

At Facebook CEO Mark Zuckerberg’s Senate testimony, Republican congressman Ted Budd of North Carolina said that Bitcoin, Ethereum, and XRP are actual cryptocurrencies, while Libra isn’t. By “actual” cryptocurrencies, Congressman Budd likely meant that unlike the three assets, Libra is not open-sourced and permissionless.

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Bitcoin (BTC) and alts remain safe haven: China and the US will not have a deal!

Market turbulence, first of all associated with the US and China trade war, will continue in the near future. The superpowers will not agree, the US Senate believes. Senator Rick Scott said that he does not believe in any agreement with China, which Trump is trying to conclude. The hawk from the Capitol offers to […]

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Mastercard, Visa and Stripe Asked to Reconsider Facebook Libra Participation by U.S. Senators

In a letter to Visa, Mastercard, and Stripe, Senate Democrats Sherrod Brown and Brian Schatz have asked the companies to reconsider their involvement with Facebook’s controversial Libra cryptocurrency project.

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Government Hates Crypto Because It Empowers the People, Not Because It’s Used for Crime

A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony by Washington D.

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Bitcoin History Part 15: Silk Road Is Born

Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to the U.

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Ripple’s Michelle Bond backs a ‘principle-based framework’ for crypto-regulations in the United States

Apart from Bitcoin’s resurgence and the brief bull run the market had been on since April, 2019 has been highlighted by governments and financial institutions seriously discussing crypto-regulations.

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US Senator Says Libra is Just Like a Subprime Mortgage

Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light.

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The Senate and Bitcoin (BTC) hang out in own way

While the market exactly confirms our latest forecast, technical analysts are inclined to express the next frightening prophecies about the BTC crash to $ 4.5 K. What is the point of such forecasts? It is possible that many expected a bitcoin correction to a level of about $ 9-8.5 K on the recent news, without […]

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