Some important people in the US government talked about cryptocurrencies like Bitcoin. One of them, Cynthia Lummis, did not like the idea of a 30% tax on Bitcoin mining. She said it would be bad for the US and innovation. Another important person, Kamala Harris, will not go to a big meeting about Bitcoin. This made some people in the cryptocurrency world unhappy. Elon Musk, the boss of Tesla, changed his profile picture on Twitter to show support for a political meme coin. This made the price of that coin go up a lot. And Peter Schiff, an economist, said that people who invest in Bitcoin are expecting too much from the government. Read from source...

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Article's Topic: Cryptocurrency
Article's Main Idea: A recap of the top cryptocurrency news of the week