Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurface
BTC retreated from a one-month high as WTI crude topped $85 for the first time since June, reigniting inflation concerns and pushing investors toward gold, silver and the safety of bitcoin over altcoins.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
US lawmakers advance bill to lock Trump’s Bitcoin reserve into law
The legislation would effectively codify Trump’s Bitcoin reserve policy, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years.
Cointelegraph
CLARITY Act could get another shot during lame-duck session, policy advocate says
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends.
Cointelegraph
UK FCA sets crypto authorization guidance ahead of September application window
The FCA’s new guidance outlines which crypto activities may require authorization as firms prepare for the UK’s incoming digital asset regulatory regime.
Cointelegraph