Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Bitcoin’s latest rally has sparked a reaction from gold bug Peter Schiff, urging a switch to silver, new research from VanEck suggests Bitcoin mining executives have been outearning peers in related industries, and US lawmakers are set to discuss crypto tax policies as part of the Republican push to advance multiple digital asset bills.
Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead.
“With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post as Bitcoin (BTC) put on its moon boots again and set new highs above $112,000.
