US EditionInstitutions Stay Bullish on Bitcoin as Retail Capitulates: Bitwise CIO Sees Crypto Rally Ahead
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Institutions Stay Bullish on Bitcoin as Retail Capitulates: Bitwise CIO Sees Crypto Rally Ahead
Bitwise CIO Matt Hougan sees the crypto market nearing a bottom amid retail exhaustion, while Senator Cynthia Lummis urges U.S. banks to integrate digital assets into the financial system. Bitwise CIO Matt Hougan says the crypto market may be nearing a turning point as retail exhaustion deepens and institutional demand quietly builds. Appearing on CNBC, Hougan — who oversees $12 billion in assets at Bitwise — said retail sentiment is at “maximum…
All aboard: Top US regulators sound more bullish than ever about moving ahead with crypto initiatives
The heads of several powerful financial regulators in the U.S. signaled this week that they were getting on board the fast-moving digital currency train. Paul Atkins, Chairman of the Securities and Exchange Commission, said his agency is working on a framework for allowing the offer of crypto assets tied to investment contracts. Speaking at the […] The post All aboard: Top US regulators sound more bullish than ever about moving ahead with crypto…
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