Bitcoin

Senator Cynthia Lummis, set to lead the Senate Banking Committee’s digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.

At the moment, Canary Capital appears best-positioned to be the initial issuer of the new vehicle.

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

Canary Funds’ litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing.

Wednesday’s price action for bitcoin was the fourth time it exceeded the key $100,000 price level.

Wednesday’s soft U.S. core CPI has opened doors for traders to focus on Trump’s swearing in and the possibility of first-day pro-crypto announcement.

Also: Bubblemaps roadmap; Babylon interoperability

The remaining 25,000 bitcoins stolen in the 2016 hack must be returned through a more complex claims process.

This week four firms announced bitcoin purchases, while seven companies announced a strategy, but no acquisition.

Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.