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Bitcoin Breaches New Record Above $98K as MicroStrategy Soars and Trump Considers 'Crypto Czar'

Bitcoin rally continues as the largest crypto by market cap surged above $98,000 heading into the U.S. morning Thursday. This comes as MicroStrategy and other companies holding corporate bitcoin treasuries soar and president-elect Trump reportedly talks with the crypto industry about a new White House post dedicated to crypto policy. Plus, former FTX executive Gary Wang was spared prison time by a judge. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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Bitcoin Hits Record High as Donald Trump Wins U.S. Election

Bitcoin hit a lifetime high over $75,000 Wednesday as former President Donald Trump is set to return to the White House. "CoinDesk Daily" host Christine Lee explains what a Trump presidency could mean for crypto and how anti-crypto Democrat Sherrod Brown was replaced by a more digital asset-friendly Congress.

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Consensus Hong Kong 2025 Coverage

Выход BlackRock на рынок Криптo важнее выборов в США, говорит Дариус Сит из QCP Capital

Появление генерального директора BlackRock Ларри Финка на CNBC значит больше для основателя и главного инвестиционного директора QCP, чем для кандидатов в президенты, продвигающих Криптo.

QCP Capital's Darius Sit (Chris Lam/CoinDesk)

Policy

Президент Байден поблагодарил президента Нигерии за освобождение руководителя Binance: Белый дом

В телефонном разговоре с президентом Болой Тинубу во вторник Байден высоко оценил создание новой двусторонней рабочей группы, занимающейся Криптo и незаконным Финансы.

U.S. President Joe Biden called Nigerian President Bola Tinubu to thank him for releasing detained Binance executive Tigran Gambaryan.

Policy

Байден не угрожает наложить вето на законопроект о структуре рынка Криптo , но «выступает против его принятия»

Голосование по законопроекту FIT21 состоится в Палате представителей позднее в среду.

U.S. President Joe Biden (Win McNamee/Getty Images)

Videos

Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Financial Services Committee Chair Patrick McHenry (R-NC) points to the White House for derailing progress on stablecoin legislation. Plus, a new report from Crystal Blockchain provides an update on the role of crypto donations in Ukraine’s fight against Russia. And, Amazon unveils a new Web3 play. 

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White House’s 'Unwillingness to Compromise' Stalled Stablecoin Bill: Rep. McHenry

House lawmakers have failed to reach a bipartisan deal on stablecoins legislation, with Financial Services Committee Chair Patrick McHenry (R-N.C.) blaming White House intransigence for the stalemate while the panel's top Democrat said it was McHenry who shut down the talks. A White House spokesperson did not immediately respond to a request for comment. "The Hash" panel discusses the latest updates in U.S. crypto regulation.

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Biden Administration Pushes for Punitive Tax on Crypto Mining

Troy Cross, professor of Philosophy and Humanities at Reed College and Fellow at Bitcoin Policy Institute, joins "All About Bitcoin" to discuss the energy usage of bitcoin mining and the White House's proposal to push for a punitive tax on crypto mining tax.

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Videos

Marathon Digital Holdings CEO on White House's Crypto Mining Tax Proposal

The Biden Administration is pushing to impose a punitive tax on crypto mining operations for the "harms they impose on society," according to an online post from the White House’s Council of Economic Advisers (CEA). Marathon Digital Holdings CEO Fred Thiel shares his reaction and why he thinks the White House "just wants to get rid of crypto" in the U.S.

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Videos

White House Pushes for Punitive 30% Tax on Crypto Mining Operations

U.S. President Joe Biden is looking to impose a punitive tax on crypto mining operations for the "harms they impose on society," the White House’s Council of Economic Advisers (CEA) said Tuesday in an online post. The administration’s blog entry made the case for a U.S. tax equal to 30% of a mining firm’s energy costs – an unusual industry-specific penalty that could threaten the profits of such businesses. "The Hash" panel discusses the potential impact on the bitcoin mining industry.

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