Bitcoin (BTC) was recently trading at about $16,675, down nearly 7%. The largest cryptocurrency by market capitalization was still hovering near $17,000 when CoinDesk reported that FTX, the once-widely revered exchange, had filed for bankruptcy after a fruitless search for a rescuer. The ongoing fallout for an already shellshocked crypto sector remains uncertain.
US coverage proposal calls on Treasury to problem $2 trillion in Bitcoin-enhanced bonds to offset debt, fund strategic reserve
In response to a coverage framework printed by the Bitcoin Coverage Institute, the US Treasury may doubtlessly allocate $200 billion...