US gov't says the more than $9B of BTC from 2016 hack should return to Bitfinex
Episode description
Bitcoin had a positive 24 hours, venturing above $100,000 a few times though it hasn’t stuck yet. Analysts seem skeptical about reclaiming the six-figure price tag and expect sideways action for some weeks, but will Trump’s inauguration change that? Elsewhere, the newly appointed US Senate Banking Committee chair said that a crypto framework will be a priority, the US government has said the funds from a 2016 hack should go back to Bitfinex, outraging some users, and according to a survey, 60% of crypto investors are young, educated and invest under $10K.
Further reading:
- Bitcoin risks weeks of sideways moves amid $102K 'rejection' warning
- US Senate Banking Committee chair says crypto framework will be a priority
- US government says funds from 2016 hack should return to Bitfinex
- 60% of crypto investors are young, educated and invest under $10K — Survey
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