Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto has been over-regulated.”

An unofficial GameStop memecoin GME, which has no affiliation with the company, also saw a rise of up to 72% following a post from influencer Keith Gill.

The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows.

The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows.

The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows.

Over the past two weeks, spot Ether ETFs clocked in more than $1.3 billion in inflows as the cryptocurrency rallied to almost $4,000.

Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure.

Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure.

Australia has the third-largest number of crypto ATMs globally and regulators are worried that they may be facilitating financial crime.

Donald Trump has appointed David Sacks, known for co-hosting the “All In” podcast, as his chief AI and crypto adviser.