Bitcoin Bill Advances with Saylor and Lee
US lawmakers will meet with 18 crypto executives, including @MichaelSaylor and @TomLee, to discuss the BITCOIN Act aiming for 1M $BTC purchases funded in a budget-neutral manner. #Update #Crypto $BTC
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US lawmakers will meet with 18 crypto executives, including @MichaelSaylor and @TomLee, to discuss the BITCOIN Act aiming for 1M $BTC purchases funded in a budget-neutral manner. #Update #Crypto $BTC
@Gemini and the US Securities and Exchange Commission (SEC) reached a “resolution in principle” in their securities case, requesting an indefinite stay of litigation. Next status report due by Dec. 15. #Update #Legal $BTC
SEC Chair Gary Gensler’s successor, @GaryGensler, signals a shift to provide preliminary notices before enforcement actions against crypto businesses, moving away from the previous enforcement-first strategy. #Update #Legal $BTC $ETH
@MicroStrategy has increased its Bitcoin holdings to 638,985 BTC worth over $73 billion after acquiring 525 BTC for $60 million, part of its ongoing treasury strategy. #Update #Crypto $BTC
@Helius announces $500M funding to build a Solana ($SOL) treasury, exploring staking and lending opportunities over the next 24 months. #Update #Crypto $SOL
France’s AMF may block crypto firms licensed in other EU countries due to concerns over regulatory gaps in MiCA, aiming for stricter oversight alongside Austria and Italy. #Update #Crypto $BTC
Bitcoin approaches a potential Federal Reserve interest rate cut, with bullish macro analysis, though traders remain divided on reaching new price highs this week. #Update #Crypto $BTC
The London Stock Exchange Group (@LSEG) has launched a blockchain-based platform for private funds, Digital Markets Infrastructure (DMI), developed with Microsoft, enabling full lifecycle support for digital assets. #Update #Crypto $ADA
A Bitcoin whale has resumed selling, dumping 1,176 BTC worth over $136 million as Bitcoin hovers around $116,000. This follows a previous sale of 36,000 BTC for Ether last month. #Update #Crypto $BTC
$XMR surged 7.4% to $308.55 despite an 18-block reorg reversing 117 transactions, raising concerns about its security and decentralization after Qubic’s 51% hash rate attack. #Update #Crypto $XMR
@MertMumtaz claims crypto is “Capitalism 2.0,” enhancing decentralized ownership and transparency, while the SEC and CFTC propose 24/7 U.S. capital markets to modernize finance. #Update #Crypto
The ETH/BTC ratio remains below 0.05 at 0.039, despite a 155% price increase for $ETH since July, with all-time highs of $4,957 in August. #Update #Crypto $ETH
The ETH/BTC ratio remains below 0.05 despite institutional adoption and all-time highs for Ethereum, indicating ongoing weakness in $ETH against $BTC. #Update #Crypto $ETH
@CapitalGroup’s Bitcoin-related stock position has surged from $1 billion to over $6 billion, driven by significant investments in Bitcoin treasury firms like @Strategy. #Update #Crypto $BTC