2min chapter

The Compound and Friends cover image

Pulling Out

The Compound and Friends

CHAPTER

Bitcoin Price Rallying on Increased Regulation

"Apparently this is now just another wall street plaything, and everybody wants more regulations so they can get their e t f s," says CNN's John Sutter. "Once he put some regulation into that, then it's like k opened the doors to institutions, and it's like, k, here's another trillion dollars that we can pour into crypto." The price of bit coins has rallied because it's basely o stock at this point, writes Sutter.

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