The statement, an answer to a question regarding the department’s approach to illicit activities and terrorism, speaks to U.S. regulators’ maintaining of crypto policy status quo under the Biden Administration.
From 2009 to 2011, BTC mining was largely performed by hobbyists on non-specialized equipment. It wasn’t until 2013 that interest in mining had increased significantly.
Last week alone, the coin’s capitalization increased by about USD 8 billion despite competing in the saturated smart contract network subset of the crypto space.
The firm has little revenue to speak of and has seen plenty of change in its short existence.
After trading to new all-time highs above USD 40,000 On Sunday, BTC experienced a sharp 16% correction, touching as low as roughly USD 30,600.
Despite BTC reaching new all-time highs, blockchain data shows the metric has not reserved course, suggesting that traders aren’t inclined to take profits by returning BTC to trade venues to sell.
Fewer than 10 investors have bought almost 3% of the total BTC supply with the intention to hold. Based on headlines and publicly available documents filed with regulators, we’ve compiled a list of known BTC investments by institutional investors over the last few months
If the diverging views of the new administration can meet in the sensible middle, the blockchain industry can expect new waves of growth in the years ahead. 
On December 17, Coinbase recorded USD 1.184 billion in bitcoin (BTC)/USD volume, outperforming offshore counterpart Bitfinex by USD 675 million. Growing Coinbase BTC/USD volume compared to Bitfinex has been ongoing since 2019.
The new rules would introduce new transaction reporting and KYC procedures for crypto involving certain entities. These rules have largely been met with criticism from the crypto community.