Altcoin News Official TheBitTimes.com

The cryptocurrency market is currently thriving, stealing the central spotlight as one of the leading sectors under development as of now. The Trump administration is particularly keen on amping up the sector and is leaving no stone unturned to strengthen the cryptocurrency domain from all sides. The government is also working on introducing new regulatory reforms for the industry to work on. Such bullish developments are particularly lucrative for coins like Bitcoin (BTC) and Dogecoin (DOGE) that are now attracting heavy momentum and traction. Will these two coins be able to forge a new high price mark in the near future? Let’s find out. Also Read: President Trump Says India Has Offered Zero Tariffs on US Goods Bitcoin Price Analysis Source: Watcher Guru Bitcoin is currently the talk of the town, the world, as a matter of fact. BTC is currently sitting at $103K at press time, aiming for stellar price peaks as it continues to gain immense traction under the Trump regime. In one of...

US Treasury Secretary Bessent says that the Federal Reserve should not launch a central bank digital currency (CBDC) in the U.S. “A central bank digital currency is a sign of weakness,” the secretary said on Monday. “I would not be in favor of the Fed issuing digital currency.” Bessent testified on Monday ahead of a House oversight subcommittee on the White House’s 2026 budget requests. While testifying, the Treasury Secretary doubled down on his opposition to the Fed creating a CBDC. “We believe that digital assets belong in the private sector,” Bessent added. The Trump administration was actively against the concept upon its return to the White House. Now, months into Trump’s second tenure in office, his team remains adamant that the US doesn’t need a central bank digital currency. CBDCs Back in the Spotlight A central bank digital currency has been on the table for discussion amongst officials as digital assets and cryptocurrencies beco...