CFTC Head Says BTC and ETH Should be Treated as Commodities
According to the head of the Commodity Futures Trading Commission, Bitcoin and Ethereum should be included in the category of commodities.
According to the head of the Commodity Futures Trading Commission, Bitcoin and Ethereum should be included in the category of commodities.
The two assets are depreciating against the backdrop of a rise in the US dollar.
Catherine Wood, head of management company ARK Invest, has predicted that the capitalization of BTC will hit $4.5 trillion.
The influx of cryptocurrencies to exchanges fell to the lowest level since 2020.
The total volume of lost Bitcoins, as well as BTC stored in the wallets of long-term crypto investors, has reached a five-year high at 7,554,982.124 BTC.
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
A Northern District of California jury has charged a local resident with using cryptocurrencies to launder more than $5.3 million in drug proceeds.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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