Bitcoin surged above $66,500 for the first time since July, supported by fresh US crypto regulatory developments, renewed spot Bitcoin ETF inflows and a significant technical breakout. Bitwise Chief Investment Officer Matt Hougan described the latest developments as creating an increasingly bullish environment for Bitcoin and the broader cryptocurrency market. One major catalyst was the US Securities and Exchange Commissions introduction of its Regulation Crypto Assets proposal. The framework aims to simplify fundraising requirements for crypto companies while providing a safe-harbor… Read more
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