Ahead of the Senate showdown yesterday, billionaire entrepreneur and investor Mark Cuban warned shutting off the bitcoin and crypto "growth engine" would be like "stopping e-commerce in 1995." Helping you understand the world of bitcoin and crypto, every weekdayMORE FROM FORBES Crypto Price Prediction: Dogecoin 'Pump And Dump' Cycle Could Send The Memecoin Soaring By The End Of 2021Mark Cuban, a former bitcoin and crypto skeptic, has recently changed his tune on cryptocurrencies ... [+] amid a bitcoin price boom. The bill's crypto provision sent shockwaves through the U.S. cryptocurrency community in recent weeks, with crypto lobbyists scrambling to alter it and crypto investors, industry experts and technologists roundly deriding it. CryptoCodex—A free, daily newsletter for the crypto-curiousMORE FROM FORBES Crypto Market Price Suddenly Soars Toward $2 Trillion-Could Ethereum Be About To 'Flip' Bitcoin? The bitcoin price has added over 30% during the last month with bitcoin soaring toward $50,000 per ... [+] bitcoin even as regulation threatens to hobble the U.S. crypto industry.

Source: Forbes August 10, 2021 23:50 UTC