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Solana Price Prediction As $SOL Hits New Yearly High at $79.5; Is $100
Solana Price Prediction: Prolonging the Uptober rally with a fantastic November, the Solana buyers sustain the momentum even in December. With a 335% rise in the last three months, the coin price trend shows a remarkable reversal trend ready to approach $100. However, with the markets turning moods with the weekend crash plunging Bitcoin to $40K, will SOL price reach the $100 mark this month?
#BTC Bitcoin-hating US Senator Elizabeth Warren Introduces New Bill to Oversee Cryptocurrencies
US Senator Elizabeth Warren, a fierce critic of the cryptocurrency industry, has introduced a bill aimed at bringing digital assets under greater regulatory scrutiny and compliance.
The bill, titled “Digital Asset Anti-Money Laundering Act of 2023,” calls for the U.S. Financial Crimes Enforcement Network (FinCEN) to provide guidance on how to detect and report suspicious transactions involving digital assets such as Bitcoin and other anonymous cryptocurrencies.
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The bill defines anonymity-enhanced cryptocurrencies as digital assets that contain any features that conceal the identity, location or transaction history of users or individuals. The bill also authorizes FinCEN to impose civil penalties and sanctions against any person or entity that violates the guidance or fails to comply with reporting requirements.
Warren has expressed her hostility towards Bitcoin and the general cryptocurrency market many times before. The senator recently listened to JPMorgan CEO Jamie Dimon at a hearing on cryptocurrencies in the Senate.
Crypto Billionaire Brock Pierce Predicts Bull Run for Bitcoin
Crypto billionaire and actor Brock Pierce stated that a bull run, which could potentially take Bitcoin (BTC) to its all-time highest levels, might occur in the near future.
The ATH Process in BTC
In a recent interview with CNBC, expert Brock Pierce suggested that every time the top cryptocurrency by market value experiences a real bull run, it “flies to the peak” and breaks records in terms of price. The analyst stated:
If you look at historical cycles, you know that eventually we enter one of these real bull runs and it seems like Christmas has come early… I think this is the next bull run and whenever we find ourselves in one of these bull runs, we find all-time highs and if this usually happens, it blows the roof off. So will $150,000 be our end? I have no idea but is it possible? Absolutely. It’s also possible that we might find ourselves falling again if we live through one of these terrible events.