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BTC price has actually surged to $121,823 right now, as CoinGecko reveals, and this marks a solid 2.8% gain in the past 24 hours as El Salvador’s Bitcoin banking law creates some serious momentum. The BTC price now demonstrates accelerated institutional confidence, and Bitcoin El Salvador initiatives have leveraged multiple essential regulatory frameworks toward what could be a new Bitcoin all time high. This latest Bitcoin news emerges at a time when numerous significant BTC price prediction models are pioneering upward trajectories. Source: CoinGecko Also Read: Parataxis Raises $640M in SPAC Merger to Power Bitcoin Treasury BTC Price Now and Bitcoin El Salvador Drive Surge Near All Time High Source: BitCoinist El Salvador’s Banking Law Actually Fuels BTC Price Rally El Salvador’s Investment Banking Law has been implemented through several key regulatory initiatives, and it establishes comprehensive frameworks that permit regulated banks to integrate Bitcoin along wit...

Over the weekend, law enforcement in El Salvador arrested and subsequently freed senior Bitcoin developer Jon Atack on what he described as “false accusations.” Social media erupted with concern over his safety after he tweeted that his phone and passport had been confiscated, making it difficult for him to communicate with the outside world. At one point, law enforcement informed him of his imminent detainment at a nearby prison; however, he was able to avoid that trip. The presidentially appointed director of the National Bitcoin Office and staunchly pro-Nayib Bukele administration spokeswoman said Atack’s neighbor called the authorities on him following a heated, verbal dispute . Nayib Bukele’s administrator manages the media crisis This administrator, Stacy Herbert, was actively responding to questions about the situation and managing social media communications about the incident. She noted that Atack had retained a lawyer and that the situation proceeded in a...

Cynthia Lummis, the Republican junior senator from Wyoming, teased via X that “₿ig things are coming!.” The inclusion of the Bitcoin symbol in lieu of the “B” led many to speculate that the announcement was going to be about the promised “Strategic Bitcoin Reserve.” Even Justin Sun, an advisor to President Donald Trump-endorsed DeFi project World Liberty Financial, was excited by the news, quote-posting her announcement of a future announcement and adding that he thought it would be “₿ig things.”  Unfortunately for those caught up in the speculation, it seems likely that Lummis’ post referred to her new role as chair for the Senate Banking Subcommittee on Digital Assets. Honored to chair the Senate Banking Subcommittee on Digital Assets. pic.twitter.com/mWj2hKA0NQ — Senator Cynthia Lummis (@SenLummis) January 23, 2025 Some folks were disappointed by this, especially since this particular news was already rep...