Is Bitcoin on Shaky Ground? Market Signals Reflect Patterns That Foretold the Recent Slide in Trump Media Shares
Shares in Trump media experienced a similar dynamic before the recent price slide.Source
Razzlekhan’s Husband Gets Five Years Prison Sentence for Bitfinex Hack
For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.Source
Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state’s Department of Justice branch.Source
XRP Jumps 17%, Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.Source
Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.Source
Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor
Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.Source
Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.Source
Ex-Valkyrie CEO Leah Wald’s Investment Firm Buys Four Validators, Including Solana Network’s, for Nearly $18M
The firm will buy validators for SOL, SUI, MONAD and ARCH networks.Source
UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.Source
Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.Source