David Lynch, famed for his surreal films, ventured into NFTs with @Interpol in 2021, creating audiovisual collectibles on Ethereum. One NFT sold for over $82,000 shortly after launch. Lynch’s exploration of new media was a hallmark of his career. #Update #Crypto $ETH (+3) ↗
Ethereum whales have increased their holdings to 43% following the Merge, indicating a significant shift in market dynamics as large investors consolidate their positions in $ETH. #Update #Crypto $ETH (+4) ↗
Oklahoma State Rep. Cody Maynard introduced the Strategic Bitcoin Reserve Act to integrate $BTC into state savings and pensions, aiming to protect purchasing power and position Oklahoma as a leader in digital assets. #Update #Crypto $BTC (+4) ↗
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging he failed to disclose his purchase of over 5% of Twitter shares before acquiring the platform, leading to economic harm for investors. #Breaking #Legal @SECGov (-9) ↘
Senator Cynthia Lummis has demanded the FDIC preserve documents related to Operation Choke Point 2.0 amid allegations of document destruction and anti-crypto actions, warning of possible DOJ referrals for obstruction. #Breaking #Legal #FDIC (-8) ↘
Brad Garlinghouse, CEO of @Ripple, proposed a federal cryptocurrency reserve to Donald Trump, including $XRP, as part of efforts to enhance US leadership in digital assets. #Update #Crypto $XRP (+6) ↗
Crypto industry participants are debating the authenticity of posts from Donald Trump’s social media promoting a memecoin, raising skepticism about potential misinformation and market manipulation. #Update #Crypto (-3) ↘
Bitcoin ($BTC) surged 5.2% to $105,000, hitting a new record against the British pound as anticipation builds for Donald Trump’s inauguration. Crypto stocks like @MicroStrategy and @Coinbase are also climbing, with MARA Holdings up 13%. #Update #Crypto $BTC (+6) ↗
Data from @CoinGlass reveals the cryptocurrency derivatives sector faced $306 million in liquidations as $BTC and others rallied, with $154 million in long positions and $151 million in short ones. #Update #Crypto $BTC (→ 0)
An expert in applied cryptography, Nanak Nihal Singh Khalsa of @Holonym, highlights zero-knowledge proofs as a promising solution for balancing privacy and regulatory compliance in blockchain technology. #Update #Crypto (+3) ↗
President-elect Donald Trump plans to issue a crypto-related executive order on his first day in office, designating digital assets as a national priority and potentially creating a Bitcoin stockpile. #Breaking #Crypto $BTC (+9) ↗
@CryptoCom has secured an in-principle MiCA license, allowing it to operate across the EU under a unified regulatory framework, marking a significant step in its European expansion. This move enhances transparency and compliance efficiency. #Update #Legal (+7) ↗
Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence, reinforcing his stance against strict federal regulations on digital assets like $BTC and CBDCs. #Update #Crypto $BTC (+4) ↗
Tether’s CEO Paolo Ardoino plans a cautious U.S. expansion, investing $775M in Rumble and hiring ex-PayPal exec Jesse Spiro to strengthen lobbying, while launching the USDT0 stablecoin and relocating operations to El Salvador for regulatory benefits. #Update #Crypto $USDT (+6) ↗
