Gensler Decries ‘Wide-Ranging Noncompliance’ In Crypto Ahead of Oversight Testimony
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Crypto Industry Bids Farewell to Gary Gensler—Exactly Like You’d Expect

Bitcoin’s price may have topped $98,000 Thursday, but Crypto Twitter was set ablaze for an entirely separate reason: Securities and Exchange Commission (SEC) Chair Gary Gensler, regarded as the industry’s chief antagonist, announced his impending resignation. The figurehead that pursued an aggressive crackdown on the crypto industry signaled that he would resign from his leadership role on January 20, 2025,…

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Reuters: Trump Team Mulls Bitcoin Reserve—Peter Schiff Warns of ‘Wasted Billions’
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Reuters: Trump Team Mulls Bitcoin Reserve—Peter Schiff Warns of ‘Wasted Billions’

According to Reuters, President-elect Donald Trump’s incoming crypto advisory council is reportedly considering establishing a strategic bitcoin reserve. This idea sparked a response from economist and gold bug Peter Schiff, who shared his perspective on the concept of a BTC reserve. Trump’s Transition Reportedly Eyes Bitcoin Reserve, Schiff Fires Back at Fiscal Misstep On Thursday, […] Source: https://news.bitcoin.com/reuters-trump-team-mulls-bitcoin-reserve-peter-schiff-warns-of-wasted-billions/

Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY
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Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY

On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY), Arthur Hayes hopped on social media to highlight the appeal of USDE’s much higher 29% APY. Hayes Mocks Coinbase’s Conservative Stablecoin Reward Approach This week, Coinbase, the San Francisco-based exchange, revealed a new perk […] Source: https://news.bitcoin.com/arthur-hayes-calls-out-dumb-dumbs-settling-for-less-promotes-usdes-29-apy/

Crypto Scores Crucial Court Win Against SEC as Gensler Calls It Quits
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Crypto Scores Crucial Court Win Against SEC as Gensler Calls It Quits

A federal judge in Texas dealt a decisive blow to the U.S. Securities and Exchange Commission’s crypto policy on Thursday, ruling that the agency’s expansion of an existing securities law to apply to decentralized finance (DeFi) users and projects was unlawful and in excess of the regulator’s authority.  Judge Reed O’Connor granted summary judgment to the Blockchain Association, a crypto…

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Bybit and Block Scholes Report Hail Donald Trump as America’s Crypto President
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Bybit and Block Scholes Report Hail Donald Trump as America’s Crypto President

Donald Trump’s victory signaled a vital shift in crypto sentiment, moving from cynicism to a defiant belief in the growth of cryptocurrencies in the U.S. Crypto to Witness Massive Gains Under Trump Presidency Bybit, a cryptocurrency exchange, and Blocks Scholes published their latest institutional report with key takeaways from the U.S. election and the crypto […] Source: https://news.bitcoin.com/bybit-and-block-scholes-report-hail-donald-trump-as-americas-crypto-president/