Bitcoin Hits $93K—Regulations or Magic? You Decide! 🙃

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So now we have Paul Atkins, the newly minted SEC chair—because, why not?—going on TV with President Trump standing there like it’s a buddy-cop movie, announcing his “top priority” is to lay down some rules for digital assets. You know, because that’s all crypto was missing: a good ol’ regulatory foundation. Suddenly, Bitcoin shoots up to $93,000 faster than you can say “pump and dump.” 

Atkins steps in right after Gary Gensler, who apparently was the villain of this crypto soap opera under Biden. Gensler’s known for hassling crypto folks like it’s his side hustle, but now Atkins, who’s buddies with Trump and probably owns more Bitcoin than your local hipster, is the hero crypto’s been waiting for—or at least that’s the narrative. Victory lap, please! 🏆

JUST IN: 🇺🇸 Pro-Bitcoin SEC Chair Paul Atkins says he’s gonna make Uncle Sam the friendliest crypto playground around. No big deal.

— Bitcoin Magazine (@BitcoinMagazine) April 22, 2025

“My top priority is to give digital assets a regulatory nudge,” Atkins says, sounding like he read the memo three minutes before the press conference. He assures us it’ll be “rational” and “principled,” which, in government-speak, might mean anything from “we’ll figure it out” to “watch out.”

Bitcoin hitting 93k, magic or just hype?

Right after Atkins drops his bombshell, Bitcoin jumps like it’s had too much caffeine—up 6.5% in 24 hours. From $84,000 on April 20 to $93,000 within two days. What did Atkins say? “Rational coherence”? More like financial voodoo! Maybe it’s time to get my hands on some of that crypto mojo too. 💸

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2025-04-23 01:25