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Bitcoin has reached a new historical high, breaking through the $0.11 million mark, progress has been made in the legislation of stablecoins in the United States, and the Bitcoin conference is about to arrive.
The Bitcoin trend is significantly stronger than that of American stocks and even Gold, benefiting from enthusiastic corporate participation and adoption by Wall Street, with progress in U.S. stablecoin legislation, leading to optimistic expectations among investors regarding U.S. regulatory policies.
The legislative progress in Hong Kong, China is urgent for the United States as well, and the backing of stablecoins is the "digital currency minting power."
The rise of stablecoins is becoming a significant trend in the market that cannot be ignored. The United States and several countries and regions in Asia are promoting stablecoin legislation, while the Hong Kong SAR has taken the lead by passing legislation to seize the underlying "digital currency minting rights".
SEC Data Could Support Case For Bitcoin to Hit $500K By End-2028: Standard Chartered -- Market Talk
The 2025 Bitcoin conference is coming soon! Will the public support from Vice President Vance help boost Bitcoin to a new height?
The market points out that this deep binding interest relationship with digital assets makes his support not just a policy statement, but also a manifestation of personal belief.
JPMorgan CEO expresses that customers are allowed to buy Bitcoin, but the bank will not provide custody services for it.
JPMorgan CEO Jamie Dimon stated on Monday that the bank's clients can now purchase Bitcoin, but he also reiterated his long-standing skepticism towards Cryptos. Media analysis suggests that this decision is significant for JPMorgan and marks Bitcoin's further entry into the mainstream investment market.
Bitcoin Price Falls. Why It's a Big Week for Cryptos. -- Barrons.com
