“When I read the press release and the filing my initial thought was, Interesting. Maybe this will turn out to be a net positive for the industry,” Bent wrote. However, after digging deeper, he called the survey “one of the more Orwellian things I’ve seen come out of this Administration,” as it requires very granular data, such as specific information about mining fleets and hash rate data.
Bitcoin Price (BTC) Falls 4% in U.S. Morning Hours
The news combined to send the U.S. dollar and bond yields modestly higher, but had little effect on stocks. Bitcoin,...