Bitcoin’s four-year boom-bust cycle could be shaken up as Wall Street has a clearer path to adopt crypto after Donald Trump’s executive order, says Bitwise’s Matt Hougan.

Bitcoin held its biggest jump in more than a week following the Federal Reserve’s interest-rate decision and comments from Chair Jerome Powell that touched briefly upon crypto regulation.

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter. What happened: Tesla’s balance sheet showed $1.07 ...