Natalie Mutch

President Biden issued an executive order calling government agencies to consider new regulations of digital currencies, the first time the Biden administration has formally weighed in on the highly contemptuous subject.

The U.S. economy and the bitcoin market begin the month positively after uncertainty in January.

The Fed has announced plans to reverse its expansionary monetary policy, even as Covid-19 cases increase and pressure economic growth. Cryptocurrency companies continue to attract investors.

Jerome Powell and Janet Yellen concede that the high inflation levels faced in the United States can no longer be considered transitory. Fidelity and Goldman Sachs are pursuing new Bitcoin-based financial products for their clients.

The House passed an additional $2 trillion worth of spending. Bitcoin’s price slides following regulatory developments and anticipated selling from Mt. Gox payouts.

Inflation continues to accelerate as a massive spending package is signed into law. The Taproot update gives Bitcoin a suite of new capabilities.

The Fed looks to curb asset purchases as the effects of a weakening dollar are felt throughout the economy. Legislators and financial institutions are refreshingly aligned on their support for broad Bitcoin adoption.

Democrats are pushing forward with a downsized budget resolution. Countries and financial institutions continue driving Bitcoin adoption.

Bitcoin reaches new all-time highs as Jerome Powell reiterates concerns about inflation. Bitcoin markets saw several massive deals in both the public and private sectors.

The House of Representatives increased the U.S. debt ceiling, raising existing concerns about elevated inflation levels. Bitcoin continues to rally as the SEC clears the way for additional Bitcoin investment vehicles.

The Senate approved an increase to the debt limit, which is expected to pass in the House. The SEC and FDIC are both making efforts to support cryptocurrency markets in the United States.

Republicans continue blocking an increase to the debt ceiling, despite the potential ramifications of a government shutdown. Bitcoin mining operations are expanding in several countries and replacing the hashrate displaced from China.

China escalates its crackdown on cryptocurrency markets. The Fed is looking to tighten monetary policy in an effort to control inflation while the threat of a government shutdown looms.

Democrats push forward with new spending measures despite concerns from moderates within their party. Several Latin American countries are interested in treating Bitcoin as legal tender.

El Salvador officially adopted Bitcoin as legal tender. Blockstream looks to build the first renewable energy bitcoin mining facility. Despite stalling economic performance, the Fed believes it will still be able to taper asset buying.

The U.S economy posted poor economic indicators in August as hiring slows down. Bitcoin performed well ahead of El Salvador’s official adoption of the currency.

The Fed hopes to reduce spending in an effort to control inflation. Afghanistan’s economic future is uncertain as other nations cut off their access to funds.

The U.S. economic recovery continues as Taliban control of Afghanistan creates global concern. Bitcoin prices continued to trend upward this week.

The Senate passed the infrastructure bill with the original cryptocurrency provision. Democratic holdouts may complicate the House’s passage of the bill.

The Senate and the SEC are both looking to increase regulation of cryptocurrency markets. Bitcoin has extended its price rally despite legal uncertainty in the United States.

Elon Musk announced U.S. customers can buy a Tesla with bitcoin. Fidelity, Goldman Sachs, and VanEck recently filed with the SEC for a Bitcoin ETF. President Joe Biden revealed plans for a $3 billion infrastructure and domestic needs after the recent $1.9 trillion stimulus package.

River Financial CEO Alexander Leishman discusses the biggest moments of 2020 for Bitcoin, as well as what the new year holds for River Financial and Bitcoin.