Bitcoin price tops $100,000. Here’s what’s driving the gains

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After a two-week flirtation with the six-figure mark, bitcoin has surged past $100,000 for the first time on the thinking that the incoming administration will be friendlier toward — and relax regulations on — cryptocurrencies.  The milestone came late Wednesday after President-elect Donald Trump nominated Paul Atkins to head the the Securities and Exchange Commission.

Choice of Paul Atkins to Lead SEC Could Spark Overhaul of Crypto Regulation

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Atkins, a former SEC commissioner, has been a vocal advocate of cryptocurrency. Paul Atkins, President-elect Donald Trump’s selection to lead the Securities and Exchange Commission (SEC), could spark a cryptocurrency regulatory overhaul for the Wall Street watchdog. Trump announced on Dec. 4 his nomination of the crypto proponent and former Wall Street regulator to head

‘There’s No Accountability’: Senators Berate Cybersecurity Officials for Response to ‘Disturbing and Widespread’ Chinese Hack of US Telecoms

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Senators berated the Biden administration’s cybersecurity officials for their weak response and lack of accountability following a massive Chinese government-linked hack of U.S. and global telecommunications networks, Politico reported. “There’s no accountability in anybody sitting up there. They have not told us why they didn’t catch it, what they’ve done to prevent it,” Sen. Rick

Secret Service chief, GOP lawmaker get in heated shouting match at hearing

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Washington — A hearing of the bipartisan task force investigating the assassination attempts against President-elect Donald Trump devolved into a shouting match when Republican Rep. Pat Fallon accused acting Secret Service Director Ronald Rowe of “playing politics” when he attended a 9/11 memorial event with the nation’s top leaders. Yelling between the two broke out