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The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.

The value of the world's biggest cryptocurrency has been boosted by hopes US President-elect Donald Trump will adopt crypto-friendly policies.

The milestone was reached hours after Trump said he would nominate former Securities and Exchange Commission commissioner Paul Atkins to run the Wall Street regulator.

Atkins is seen as being far more pro-cryptocurrency than the current head of the SEC, Gary Gensler.

XRP Lawsuit News: Atkins Won’t Dismiss The Ripple Case, SEC Vs XRP To Continue
Gary Gensler, the controversial head of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025, as announced by the agency recently. Gensler, who was widely criticized by crypto investors during his tenure, will leave just days before a major decision in the SEC's ongoing legal battle with Ripple, set for January 25, 2025.
However, despite Gensler’s departure, the future of the SEC's approach to crypto remains uncertain. Bill Morgan, an attorney closely following the case, pointed out that the SEC’s new chief litigation counsel, Jorge Tenreiro, is deeply involved in the Ripple litigation.
Tenreiro, who will be the key lawyer in the SEC v. Ripple case, may continue in this role even after the confirmation of the new SEC commissioner, Paul Atkins. Morgan expressed skepticism about any significant shift in the SEC's stance on crypto if Tenreiro remains in charge of the litigation.
Source:
CoinPedia News
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XRP
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Marketta Gallet LTf4

🚨 SELL YOUR XRP
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TIGRE_48

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Elon Musk has once again stirred up excitement in the cryptocurrency world, suggesting that $DOGE Dogecoin could soar to $1 at the beginning of 2024. While Musk hasn't outright promised this price point, his frequent endorsements and social media influence have certainly had a major impact on Dogecoin's market sentiment, sparking widespread speculation.
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