📈 Gary Gensler to Resign as SEC Chair. Crypto's least favorite regulator announced plans to step down on January 20, 2025, coinciding with Trump's inauguration.
🤔 SEC Engages with Solana ETF Applications. The SEC is now actively reviewing spot Solana ETF proposals from issuers like VanEck, 21Shares, and Bitwise, signaling broader interest in crypto ETFs beyond Bitcoin and Ethereum.
💧 Sui Network Experiences First Major Outage. Sui Network, the up-and-coming Layer 1 blockchain, suffered a 2-hour outage due to a bug in transaction scheduling logic, halting block production.
. . .
MARKET VIBES
Bitcoin Flirts with $100k
📸 Daily Market Snapshot: Bitcoin traded above $99,000 for the first time ever this morning, putting it within unprecedented reach of the $100k milestone. Over the years, many people scoffed at the idea that the BTC price could go this high, so nearing this major milestone is a validating testament to Bitcoin's resilience and the growing recognition of its potential in global finance.
Prices as of 3pm ET
24hr
7d
Crypto $3.25t
↗ 4.5%
↗ 12.5%
BTC $98,119
↗ 4.3%
↗ 11.6%
ETH $3,354
↗ 9.0%
↗ 8.1%
ANON $0.044
↗ 299%
↗ 228%
🕵️
New Token Rating: Vitalik Buterin just made his first confirmed purchase of a Base token. Should you follow in his footsteps and ape, ANON?
Are altcoins about to make a huge comeback against BTC?
Bitcoin dominance has surged to 60% in the wake of FTX’s collapse, but Donald Trump’s embrace of crypto has investors buzzing about a potential landscape shift here.
With promises to move on from SEC Chair Gary Gensler, establish America as a crypto capital, and even amass a national Bitcoin reserve, Trump’s pro-crypto agenda could pave the way for regulatory relief and fresh optimism.
Could these efforts spark an altcoin resurgence like we saw in 2017? For today's post, let's dig into why BTC dominance might not hold under the upcoming Trump administration! 👇
Say hello to the Uniswap Extension, the first wallet to live in your browser’s sidebar. Swap, sign, send, and receive crypto anywhere on the web without dealing with pop-ups. Designed for a multi-chain world, with support for 11+ networks.
Open-source development is under attack, and it's time to fight back.
In this episode of Bankless, we sit down with Roman Storm, the Tornado Cash developer, and his attorney, Keri Curtis Axel, to unpack one of the decade’s most critical cases for digital rights.
Facing up to 45 years in prison for creating a privacy tool on Ethereum, Roman shares his story of innovation turned nightmare and the chilling implications for developers everywhere.
From the question of whether code is speech to the dangerous precedent of criminalizing open-source contributions, this case could redefine the boundaries of privacy, cryptography, and innovation in the U.S. for years to come.
Tune in to hear Roman’s harrowing account and what’s at stake for the entire crypto ecosystem… 👇
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
