Jefferies strategist Christopher Wood has dropped Bitcoin from his Greed & Fear portfolio, citing quantum computing as a potential existential threat to its cryptography.
West Virginia lawmakers introduced a bill that would allow the state treasurer to invest up to 10% of public funds in bitcoin, gold and precious metals.
Rhode Island lawmakers have reintroduced a temporary Bitcoin tax exemption bill that would eliminate state income and capital gains taxes on small Bitcoin transactions — up to $20,000 annually.
SEC Chair Paul Atkins says it is still unclear whether the U.S. will seize Venezuela’s rumored $60 billion Bitcoin holdings, while emphasizing upcoming legislation to clarify crypto regulation.
Cathie Wood thinks that with crypto now a durable political issue, President Trump may move the U.S. beyond holding seized bitcoin and toward actively buying BTC for a national strategic reserve.
PREDICT BITCOIN
