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Bitcoin Resumes Rise After Digital Proponent Selected for SEC

(Bloomberg) -- Cryptocurrency speculators kept Bitcoin in sight of the landmark $100,000 after digital-asset proponent Paul Atkins was selected by US President-elect Donald Trump to lead the Securities and Exchange Commission.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe original digital asset erased earlier losses to trade about 1% higher at around $97,300 as of 2:58 p.m. Wednesday in New Y

Crypto Trading Volume Surged to $10 Trillion for the First Time in November

(Bloomberg) -- Crypto trading volume climbed to an all-time high in November, with more than $10 trillion of digital assets changing hands for the first time on centralized spot and derivatives exchanges. Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe combined volume doubled last month, according to data compiled by CCData. Crypto markets surged amid optimism for a friendlier regulatory envir