cryptobriefing
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SEC Gensler reported to step down after Thanksgiving
Key Takeaways Gary Gensler is expected to step down as SEC Chair after Thanksgiving. Potential successors for the SEC chair…
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Elon Musk rejected OpenAI’s ICO plan, lawsuit reveals
Key Takeaways Elon Musk rejected a proposal for an ICO by OpenAI co-founder Sam Altman in 2018. The lawsuit claims…
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Bitcoin reserves on exchanges reach a 6-year low
Key Takeaways Bitcoin reserves on exchanges have dropped to 2.3 million, the lowest level since November 2018. Data from CoinGlass…
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New York anti-crypto stance softens as regulatory tide turns
Key Takeaways Manhattan federal prosecutors will reduce focus on crypto-related crimes after major convictions. Scott Hartman announced decreased focus on…
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Senator Lummis files ‘Bitcoin Act of 2024’ bill proposing a US strategic BTC reserve
Key Takeaways The Bitcoin Act of 2024 proposes a US Strategic Bitcoin Reserve to strengthen the dollar and maintain crypto…
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Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch
Key Takeaways Litecoin Mascot (LESTER) reached a $90 million market cap within 48 hours of launch. LESTER secured exchange listings…
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Ripple’s XRP token soars 20% to $0.83 after SEC Chair Gary Gensler hints at resignation
Key Takeaways XRP surged 20% to reach $0.83 after Gary Gensler hinted at resignation. New SEC leadership could lead to…
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Goldman Sachs holds $461 million in BlackRock’s IBIT, new filing reveals
Key Takeaways Goldman Sachs discloses an 83% boost in BlackRock Bitcoin ETF shares. The bank also expanded investments in other…
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Bitwise files to convert its 10 Crypto Index Fund into an ETP
Key Takeaways Bitwise plans to convert its Bitwise 10 Crypto Index Fund into an exchange-traded product. The Bitwise 10 Crypto…
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18 US states file lawsuit against SEC for overregulating crypto
Key Takeaways 18 US states have filed a lawsuit against the SEC for overreach in crypto regulation. The lawsuit highlights…
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