Tag: unlikely
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Bitwise Chief Investment Officer Matt Hougan Says the Failure of the CLARITY Act in the Senate Is Unlikely to Derail Cryptos Current Bull Market
The digital asset industry faced a significant legislative setback this week as the United States Senate failed to advance the Digital Asset Market Clarity Act, a piece of legislation widely viewed as a potential cornerstone for regulatory certainty in the American crypto market. However, Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, argues…
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Reality Check for the US Strategic Bitcoin Reserve Why the Trump Administration is Unlikely to Buy More BTC
The establishment of a Strategic Bitcoin Reserve (SBR) in the United States has been heralded by many in the digital asset industry as a watershed moment for the integration of decentralized finance into national economic policy. However, as the initial excitement surrounding the executive order begins to settle, a more nuanced reality is emerging. According…
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