Bitcoin Price Prediction as $15 Billion Trading Volume Shoots BTC Above $17,000 – New Rally Starting?
On December 11, the Bitcoin price prediction remains mixed as BTC consolidates in a narrow range of $17,000 to 17,350 despite trading volume shooting to $15 billion. New Jersey has set a goal of becoming the most crypto-friendly state in the United States. This is why the state is proposing the "Digital Assets and Blockchain Regulation" Act, which will allow DAOs to incorporate within its boundaries, offer tax advantages for digital currency companies, and give stock certificates to its investors. Senator Robert Singer, a Republican, introduced the bill in the hopes that it would make the state more accommodating to businesses operating in the emerging field of digital assets. He expressed a desire to see New Jersey serve as an antithesis to New York, which he claimed was "extremely restrictive" toward crypto innovation. This is what he said in a recent interview: We want to be more industry-friendly. I don’t want to be restrictive. I want to be...