Cryptocurrency news today: At 10:30 pm IST (1700 GMT), US officials, including Deputy US Attorney General Lisa Monaco and Deputy US Treasury Secretary Wally Adeyemo, will deliver remarks in Washington.
Wednesday, the US Justice Department will “launch a large, international cryptocurrency enforcement action,” according to a statement released by the department. The US Treasury Department will also make an announcement.
The Treasury Department will also announce an action in this space, according to the statement.
According to a release, US officials, including Deputy US Attorney General Lisa Monaco and Deputy US Treasury Secretary Wally Adeyemo, will deliver remarks in Washington at 10:30 pm IST (1700 GMT) on Tuesday.
The associate deputy director of the FBI and the United States attorney for the Eastern District of New York will also be there.
In the meantime, cryptocurrency-related equities are coming back to life as Bitcoin experiences its greatest winning streak in almost nine years.
Bitcoin is beginning the year on a positive note, clearly shaking off any negative mood it was trapped in throughout the previous year and poised for its longest winning streak in nearly a decade.
As of 1:16 p.m. on Tuesday in New York, the price of Bitcoin was $21,209, a gain of up to 2.1%. Other tokens have also appreciated, with an index of the 100 largest tokens appreciating by approximately 2.5%. Several crypto-related companies, including Coinbase Global Inc., Riot Platforms Inc., and Marathon Digital Holdings Inc., saw their stock prices rise even further.
In the meantime, other risk assets have also risen to start the year, with the S&P 500 up more than 4% and the Nasdaq 100 up close to 6%. According to crypto specialists, this is also a major reason why digital assets have been able to surge.
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“We’re seeing a risk-on shift, “The chief investment officer of Wilmington Trust Investment Advisors, Tony Roth, commented on digital assets. “At this time, Bitcoin is the best-looking house in a neighborhood with numerous flaws. There is a strong likelihood that Bitcoin will endure throughout time.”