Bitcoin Extends Record-Setting Rally, Guggenheim Predicts $400K BTC

Bitcoin continues a record-setting rally as Guggenheim predicts the cryptocurrency should be worth US$400,000. Paxos raises $142 million to help institutions move crypto assets, American Express invests in crypto trading platform FalconX, an IMF report suggests stablecoins could become international reserve currencies and U.S. President Donald Trump considers a pardon for Silk Road founder Ross Ulbricht.