With more on a possible digital dollar from Tuesday’s Senate Banking Committee hearing, CoinDesk’s Markets Daily is back for your crypto news roundup!

This episode is sponsored by Bitstamp and Crypto.com.

Today’s stories:

First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks

Bitwise suggests Bitcoin could be looking at territory well north of the previous $20,000 all-time high.

Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K

Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.

Bitcoin’s Mining Difficulty Has Rarely Been This Static in a Decade

Bitcoin’s mining difficulty just posted the smallest percentage change in 10 years.

Washington, DC, Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers’ fees.

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.