Bitcoin (BTC) Price Pushes Above $66K After Soft US Inflation – Here’s Where Its Headed Next

The Bitcoin (BTC) just pushed into the $66,000s in wake of a slightly softer-than-expected US Core PCE inflation report for August, supported by bets that the US Federal Reserve will ease interest rates faster, and this will help the US economy avoid recession next year.
The post Bitcoin (BTC) Price Pushes Above $66K After Soft US Inflation – Here’s Where Its Headed Next appeared first on Cryptonews. …

Gary Gensler: ‘Crypto Needs to Build Trust,’ Reiterates Bitcoin’s Non-Security Status

SEC Chair Gary Gensler criticized Bitcoin Bitcoin’s non-security status and emphasized the importance of building trust in the cryptocurrency industry, stating that innovation cannot thrive without regulatory oversight and investor protection.
The post Gary Gensler: ‘Crypto Needs to Build Trust,’ Reiterates Bitcoin’s Non-Security Status appeared first on Cryptonews. …