Bitcoin News Today: 5 Biggest BTC Headlines For Crypto Investors On Friday

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Like many other cryptocurrencies, 2021 has been a wild race for Bitcoin (CCC: BTC-USD). And there has been a lot of Bitcoin news along the way, making the crypto very volatile.

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After hitting all-time highs earlier in the year above $ 60,000, Bitcoin has struggled a bit over the past three months. Since mid-July, however, the crypto has broken out of its lows – up over 60% since July 19. And over the past year, Bitcoin has grown by 303%.

There has been a lot of news all around the crypto space that has driven Bitcoin upward throughout the year. And lately, a few headlines have proven to be important to the price of the token as well.

Who are the latest Bitcoin investors to know? Let’s take a closer look.

Bitcoin News Makes the Headlines Stricter rules are coming for Bitcoin and other cryptocurrencies. Here’s what you need to know: US Securities and Exchange Commission (SEC) Chairman Gary Gensler recently “denounced the lack of transparency and clear regulation [in the crypto space], and promised that the commission will take action to protect investors, which is a key part of the agency’s mission. America’s second-largest mortgage lender will accept bitcoin payments: United Wholesale Mortgage (NYSE: UWMC), which went public in January through a merger with a special-purpose acquisition company (SPAC), “its Intent To Accept Cryptocurrency For Home Loans, In An Apparent First For The National Mortgage Industry. Fund Managers Rush To Launch U.S. First Bitcoin ETF After SEC Signal: are rushing to create the first U.S. bitcoin exchange-traded fund (ETF) right now, including ProShares, Invesco and VanEck. Indeed, earlier this month Gensler said it “would be receptive to ETFs that trade in bitcoin futures contracts rather than the cryptocurrency itself as long as they follow stricter rules usually reserved for mutual funds. ”Ca’s latest endorsement Cunningham of the Pistons to pay him in Bitcoin: The first pick in the 2021 NBA Draft is also making Bitcoin news. Cade Cunningham of the Detroit Pistons’ current contract with the team is $ 10 million. However, he also signed an approval deal with BlockFi – a financial services company that deals with cryptocurrency – which will “pay the 19-year-old his approval signing bonus in Bitcoin in the BlockFi account” . Bitcoin for everyone: Missouri mayor wants to give every inhabitant $ 1,000 in cryptocurrency: Jayson Stewart, mayor of Cool Valley, Missouri, recently said he “raised funds to give each of the roughly 1 500 city dwellers a piece of [Bitcoin]. ”

The price of Bitcoin was up around 6% on Friday morning.

As of the publication date, Nick Clarkson does not have (directly or indirectly) any position in any of the stocks mentioned in this article. The opinions expressed in this article are those of the author, subject to the publication guidelines of InvestorPlace.com.

Nick Clarkson is a web editor at InvestorPlace.

Article printed by InvestorPlace Media, https://investorplace.com/2021/08/bitcoin-news-today-5-biggest-btc-headlines-for-crypto-investors-on-friday/.

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