Breaking news:
Officially, Gary Gensler’s five-year term on the commission does not run out until 2026, but it has become customary for SEC chairs to move on when the US presidency changes hands. https://on.ft.com/4fzNwtJ Source: FT
Schwab CEO Says He "Feels Silly" For Not Buying Crypto;
Announces that Schwab Will Enter Spot Crypto Markets. Source: Bloomberg, Matthew Sigel on X
JUST IN: US Senator Cynthia Lummis outlines Strategic Bitcoin Reserve plan: "purchase 200k BTC per year for five years. 1m BTC total."
Source: Bitcoin Magazine
A nice one
by Julian Liniger (Relai 🇨🇭)
🚨LIQUIDATION ALERT🚨
$1,060,000,000 WORTH OF SHORTS WILL GET LIQUIDATED IF BITCOIN HITS $100,000 bitcoin Source: Ash Crypto @Ashcryptoreal
Bitcoin is trading at $97,000 this morning, very close to $100k.
It is now the 7th largest asset in the world in terms of market cap, and could climb to #5 very soon. Meanwhile, the vast majority of individuals, pension funds and other institutional investors do not have any exposure to this asset. Where will the price go if they start to jump in?
Tyrone Ross, 401 Financial CEO:
“There is a frustration that the advisors typically cannot discuss [Bitcoin] with clients. They can't bring it up. They're admonished not to say anything at all, and they are embarrassed by that. It just makes them look silly.” Source: Bitcoin News BitcoinNewsCom
As always...
$BTC Source: Barchart
