Former White House Director: Three Reasons Why Bitcoin Will Rise
Anthony Scaramucci says Bitcoin is still on track to nearly double from current levels this year despite a sharp sell-off in cryptocurrencies.

Anthony Scaramucci says Bitcoin is still on track to nearly double from current levels this year despite a sharp sell-off in cryptocurrencies.
Former US law enforcement officials petition Secretary Blinken for urgent action on detained Binance executive in Nigeria, citing health concerns and escalating pressure.
Press secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that have had issues recently.
The White House pointed the finger at Congress Friday for stalling on a comprehensive, national crypto regulatory framework.
The White House Office of Science and Technology Policy (OSTP) is seeking feedback from the public that will go towards the development of a cryptocurrency policy.
FTX used to have a D.C. office across the street from the White House and Treasury Department, according to court documents.
The White House has refused to clarify whether it will return any political donations made to President Joe Biden by disgraced FTX founder and former CEO SBF.
The report is the first public response to U.S. President Joe Biden's executive order on crypto, and also called for standards to be set to reduce energy usage.
The $280 billion bill, which aids the semiconductor industry, also incorporated Representative Darren Soto’s bill to create a position to advise the president on blockchain.
The Biden administration is expected to issue an order requiring government agencies to begin conducting risk analyzes of cryptocurrencies as a national security threat.