Bitcoin Jumps as Democrats Lead Georgia Runoff Elections; What to Expect?
The intraday returns on the Bitcoin spot market rose above 2 percent as Democrats took the lead in Georgia’s runoff elections. By the late Asian trading session on Wednesday, the flagship cryptocurrency had surged to another record high of $35,868, according to Coinbase crypto exchange, up 7.54 percent from its intraday low of $33,352 at […]
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Bitcoin prices slipped lower Tuesday but maintained a strong foothold near critical support levels in the $30,000-31,000 range as traders awaited the outcome of Georgia’s runoff elections. The flagship cryptocurrency slipped 0.75 percent ahead of the New York opening bell, wobbling between two extreme levels wherein $32,890 was intraday high, and $29,891 was intraday low. […]
Kelly Loeffler has lost the Georgia runoff election to Democratic challenger Raphael Warnock. Senator Kelly Loeffler, formerly the CEO of Bitcoin (BTC) futures exchange Bakkt, will not be returning to Washington, at least not as a legislator. According to AP News on Jan. 6, Democratic candidate Raphael Warnock has won one of the tightly contested runoff elections in the Southern state of Georgia. The runoff elections have been closely watched in the United States, as they will determine which party controls a majority in the Senate, which will set the timbre for President-elect Biden's....
Bitcoin just set a new all-time high just minutes ago, exploding from $34,000 to $35,800. The cryptocurrency has since retraced slightly to $35,300 as the breakout has slowed to some extent. BTC’s rally appears to be a byproduct of news that the democrats are expected to win the Georgia Senate elections, which will determine the […]
Starting with 13 Candidates in the first election round, the Bitcoin Foundation has chosen its new Directors after the elections ran to a secondary, runoff round. The Foundation allowed only the top four candidates from the first round into the runoffs, Bruce Fenton, Jim Harper, Michael Perklin, Olivier Janssens. And each candidate still required 50% approval to win a seat. The Bitcoin Foundation runoff elections have finished. Jim Harper and Olivier Janssens have won the two seats; the final tally was. Jim Harper 264 (60)%. Bruce Fenton 218 (50)%. Michael Perklin 229 (52)%. Olivier....
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related services. Central Bank of Georgia to Propose Cryptocurrency Regulations Georgia’s monetary authority is planning to introduce rules for operations in the nation’s crypto space. The financial regulator has drafted new legislation to achieve this, the bank’s Governor Koba....