Daily: Bullish Senate hearing sends Bitcoin Flying

in bitcoin •  7 years ago 

Market Rapidly Rebounds after positive response to bitcoin and cryptocurrencies in the US senate Hearing. CFTC chair Chris Giancarlo strongly defended the crypto space.
1:21 US Senate Hearing takes Bitcoin and Cryptocurrencies seriously.
3:10 ICOs regulation warnings.

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Dece news for cryptos not so dece for ICO's

Yes, I enjoyed the senate hearing and thought the views were very positive.

Image-1.jpg

As a US Citizen I couldn't be happier!
To the MOON!

Agreed. Glad they seemed to view the blockchain positively and want to protect people from scam ICOs.

Good shout out bro . Big ups

To be honest, I was quite surprised by the positive tone and that they actually seemed well-informed about the issue.

As a US citizen, I did not really expect the Federal Government to be very accepting of the revolution and did not see the US being a global leader in the crypto space. It is really encouraging to hear them understand that you cannot separate blockchain technology from some kind of cryptocurrency/tokenization. I was getting so sick of reading articles about how cryptocurrencies won't last, but blockchain is here to stay.

Now, it may be fair to assume that most of the current cryptocurrencies will not last, but some token will always be the force that makes blockchain technology worth pursuing.

Nice video by the way. I appreciate how you got right to the points and didn't spend 10+ minutes going on about the same thing as I have seen other commentators do.

BOXNATION!!!

great information thanks for sharing...sir.

If you check out the chart in this post you'll see BTC is just tracking along with S&P futures. General risk sentiment recovered yesterday which sent both of them rallying. https://steemit.com/bitcoin/@cryptsheets/cryptsheets-updating-yesterday-s-chart

Nice post and video.. Really nice information about cryptocurrenciesand and bitcoin ..thanks for sharing us and Keep supporting me because I'm new for steemit family.. @boximing

Love the channel keep it up!

great post
very important video
thanks for sharing it
keep it on

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At last some good news, my portfolio was bleeding to dead ;)

Surely, Crypto investors just needed that apart of assurance from world leaders to boost their confidence in bitcoin as well as altcoin. Hence a positive reaction market wise.

Now if they can have a friendly tax system for people who crypto.