Bitcoin has traded in a tight range for several weeks despite billions of dollars flowing into bitcoin exchange traded funds.

Anticipating growing demand for computing power to meet the needs of digitalization and artificial intelligence, Russia is now going to ban cryptocurrency

Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws.

U.S. senators and crypto specialists propose stipulations for digital asset market structure legislation while highlighting the reality of illicit financing on public blockchains and noting the Trump family’s crypto dealings.

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto’s price into the stock market close.

Bitcoin exploded to a record high of $112,052 late Wednesday afternoon, pushed up by a red-hot rally in tech stocks led by Nvidia, whose surge helped carry

Bitcoin hitting a record, an industry-boosting US president whose family is venturing headlong into the sector, and key legislation widely expected to be passed by Congress.

Bitcoin is making an attempt to break out above the $110,000 level that has been a significant barriers during previous rallies.