RE:RE:RE:RE:Where BTC is headedJust my 2 cents.
1. See the news article with the subject "Biden to name Gary Gensler as U.S. SEC chair, sources say" posted on January 12, 2021 @ https://www.reuters.com/article/usa-biden-sec/update-3-biden-to-name-gary-gensler-as-us-sec-chair-sources-say-idUSL1N2JN2HL
2. See the news article with the subject "What Crypto Can Expect From Gary Gensler at the SEC " posted on January 14, 2021 @ https://www.coindesk.com/crypto-gary-gensler-sec-tea-leaves
Quotes directly the second article:
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This is good news for the digital assets industry. From my experience with Gensler, whether the subject is digital assets, swaps or market structure, I can attest that he is thoughtful and broad-minded about the future of crypto-assets and that he understands the role enlightened regulators can play in boosting innovation.
"
3. See the article with the subject "US Floats Long-Dreaded Plan to Make Crypto Exchanges Identify Personal Wallets" @ https://www.coindesk.com/fincen-proposes-kyc-rules-for-crypto-wallets
The tighter rules appear to be from the KYC perspectives for the sake of AML handling (which is good IMHO).... at least they didn't appear to me that they were going to ban BTC.
4. Regarding the comments on the CEO .... according to the NR @ https://www.marketwatch.com/press-release/hut-8-appoints-jaime-leverton-as-ceo-2020-11-03
Quotes:
"With more than 20 years of leadership in the Canadian technology industry, she is joining Hut 8 from her current role as the Chief Commercial Officer at eStruxture Data Centers."
IMHO, the CEO was selected likely primarily based on her most recent experiences at 'eStruxture Data Centers'. Her experience in building mega-scale server farms for data centers can be sigificantly leveraged to built crypto-mining server farms. AT the end of the day, the nature of the operations appears to be alike to a certain extent.
5. Regarding the most recent PP NR @ https://www.newsfilecorp.com/release/71718/Hut-8-Mining-Corp.-Announces-CAD77.5-Million-Private-Placement-with-Institutional-Investors
Quotes from the NR:
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'Hut 8 is pleased to have been able to raise such a significant amount of capital from new U.S. institutional investors and is excited for its continued growth,' said Jaime Leverton, Chief Executive Officer of the Company.
"
IMHO, it's reasonable to believe that the new U.S. institutional investors should have done their own standard due diligence (e.g. risk vs reward) prior to investing the hugh amount of money in HUT.