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Bitcoin Soars Past $100,000 on Trump’s Pro-Crypto Pick for SEC

(Bloomberg) -- President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to $100,000 for the first time as traders warmed to the prospect of relaxed regulations.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic

Levered Stock-Crypto ETF Gambit Lands in Wall Street’s Go-Go Era

(Bloomberg) -- It’s the latest high-octane offering from Wall Street’s rapidly growing line-up of risky ETF filings: Leveraged products that amp up exposures to large-cap stocks and crypto in one fell swoop – giving traders a way to double down on two of this year’s best-performing assets.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban Destruc