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Benzinga

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Ananya Gairola

Bitcoin's Anniversary, Riot's Mining Strategy, Coinbase's Crypto Vision And More: This Week In Crypto

Bitcoin Crypto Coinbase Mining Riot Platforms Inc Elizabeth Warren Riot Platforms Brian Armstrong Donald Trump Ethereum

Chess,Pawns,Of,Bitcoin,And,Ethereum,Are,On,The,Classic

The past weekend was a rollercoaster ride in the world of cryptocurrencies. Bitcoin celebrated its 17th anniversary with a bounce back to $109,000, while Riot Platforms Inc. CEO Jason Les revealed a new strategic direction for the company’s Bitcoin mining operations.

Meanwhile, a trader took a bold step by shorting $1 million in Ethereum, and Coinbase Global Inc. CEO Brian Armstrong shared his vision for the future of crypto payments. Lastly, Senator Elizabeth Warren expressed concern about President Donald Trump’s decision to introduce cryptocurrencies into 401(k) plans.

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One subscription that gives you access to news from hundreds of sites

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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