“For people like me who are very long-term focused and quietly accumulating bitcoin on a daily basis, it’s the asset that will supply the most security and value overall,” said Jason Deane, analyst at Quantum Economics. “For traders and speculators, it’s a simple trade equation designed to generate fiat. For them, it’s an exciting and volatile risk-on trade. The question is, whose narrative will be stronger?”
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Earlier Friday, Sen. Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, said the guidance creates...