Securities and Exchange Commission (SEC) Commissioner Hester Peirce is concerned that the US may lag far behind other jurisdictions in adopting tradable exchange-traded funds (ETFs) for cryptocurrencies. 

Former US Treasury Secretary Stephen Mnuchin has changed his hostility towards Bitcoin to a more loyal one. However, he himself is not going to invest in cryptocurrencies. The administration of former US President Donald Trump was known for its disdain for cryptocurrencies, and Trump called Bitcoin a "scam." 

Bitcoin price has been holding in a narrow corridor between $ 30,000 and $ 35,000 for several weeks. Glassnode analysts have named the factors that can push the Bitcoin rate up. After recent fluctuations in the cryptocurrency market associated with bans by the Chinese authorities on mining and trading cryptocurrencies, the Bitcoin rate has stabilized and is holding in a narrow range. 

Cryptocurrency analyst Willie Wu believes the market has not yet become bearish. The speedy recovery of the Bitcoin rate is hinted at by the data of the indicators of the blockchain operation. During the podcast "What Bitcoin Did," Willy Woo emphasized that he sees no signs of a classic bear market. 

CoinShares Development Director Meltem Demirors described the recent drop in Bitcoin as a normal market correction that weeds out panic-prone traders. After Bitcoin's April high attempting to cross the $ 65,000-mark, novice traders may be worried about the current decline. Demirors is convinced that after 200 days of the rise in the cryptocurrency market, its subsequent fall is quite normal, since the price of any asset cannot constantly go up. 

American entrepreneur Elon Musk said that Tesla will resume accepting payments in Bitcoins after miners switch to using energy from renewable sources. 

Google will allow cryptocurrency exchanges and wallets from August 3 to advertise their services to American users, subject to certain conditions. In 2018, Google banned advertising of all financial instruments that could pose risks to users, and cryptocurrencies were no exception. 

The founder of the Binance exchange, Changpeng Zhao, said that no amount of regulatory action will be able to destroy Bitcoin and the blockchain. 

American businessman, billionaire and investor David Rubenstein believes that cryptocurrencies will remain in the financial market for a long time, as will gold. During the Squawk Box program on CNBC, Rubenstein revealed that he himself did not personally buy cryptocurrencies directly. 

More than half of Australians surveyed by the Finder site believe that Bitcoin was created by Tesla founder Elon Musk.