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RAOUL PAL’S BIG BET: $DOGE TO $2.4 Raoul Pal says DOGE’s on a roll—alongside SUI—in the Great Banana Rotation. Musk is doubling down on D.O.G.E. with plans to reform gov efficiency, and it’s seriously lifting DOGE—whale moves are huge, with 550M DOGE scooped up in a week. Pal’s calling for $2.4, maybe even $18 if $DOGE keeps firing up.
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$BTC TO SLASH US DEBT? Lummis is hyped about BTC cutting the US debt by 50% in 20 years. She’s all in on Bitcoin as a store of value—like gold—and suggests buying 1 million $BTC; thinks Bitcoin could help fight inflation and strengthen the dollar’s grip on the global market. She’s busy pushing the Bitcoin Act of 2024, which protects users and supports self-custody—and MicroStrategy’s Saylor is also vibing with this idea. The $BTC rally continues, with new ATHs hitting $99k.
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CFTC COMMISH CALLS FOR A CRYPTO POLICY GLOW-UP Commissioner Summer Mersinger threw down about fixing the U.S. crypto policy game, at the North American Blockchain Summit on Nov. 21. She said it’s time to ditch this messy “regulation by enforcement” and start cooking up some actual standards through notice and comment regulation. The CFTC’s been tag-teaming with the SEC to drop enforcement hammers left and right. Mersinger kept it real, saying these crypto projects are expected to play by the same rules but don’t even have a proper way to register. Translation? It’s a whole lotta chaos, and the system needs a serious overhaul. Source: Mario Nawfal
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$ETH WHALE DUMPS, PRICE STILL MOONING A whale just dumped $224M worth of ETH after 8 years in hibernation, causing some panic. $ETH hit a low but managed to rally 5% today—showing it's still bullish despite the sell-off. This dump comes after $ETH made massive gains, up 29% this month. With ETH futures volume also pumping, the market's still looking green even after the whale’s move.
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RIPPLE LEVELS UP WITH ARCHAX COLLAB—TOKENIZED FUNDS INCOMING Ripple is teaming with Archax, a UK-based FCA-regulated digital marketplace, to crank out more tokenized funds. This move’s all about bringing real-world assets into the crypto fold. These funds will roll out as tokens tied to the client’s share of physical assets held on the platform, basically, tokenized ownership. These tokens are expected to hit chains like Hedera Hashgraph, XRPL, and Arbitrum, unlocking yield-heavy money market funds (MMFs) or passive income on-chain.
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