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WuBlockchain Weekly: Bitcoin Market Cap Surpasses Silver, U.S. Advances Initiative to Include Bitcoin in Strategic Reserves, Elon Musk to Lead the Department of Government Efficiency (DOGE), etc https://wublock.substack.com/p/wublockchain-weekly-bitcoin-market?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true

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BTC

89,358.6

-0.15%

DOGE

0.36245

-8.23%

270

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According to The Block, court documents show that Tesla CEO Elon Musk rejected OpenAI's proposal to conduct an ICO to issue cryptocurrency in 2018. Sam Altman and Greg Brockman wanted to help the company make a profit by issuing token, but Musk believed that this would cause OpenAI and its related personnel to lose credibility.

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15 Nov Options Data 39,000 BTC options expired with a Put Call Ratio of 0.84, a Maxpain point of $80,000 and a notional value of $3.4 billion. 189,000 ETH options expired with a Put Call Ratio of 0.92, a Maxpain point of $3,000 and a notional value of $580 million.

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In November 15, the Dubai Financial Services Authority (DFSA) announced that ZetaChain (ZETA) has been recognised by the DFSA. Previously, BTC ETH LTC TON XRP were recognised. These token can lead to better adoption among Dubai financial institutions. https://www.dfsa.ae/news/notice-crypto-token-recognition-1

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The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a senior prosecutor said on Friday. The comments came a day after Donald Trump appointed former SEC Chairman Jay Clayton to serve as U.S. attorney for the Southern District of New York.

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According to FOX Business, the strategic bitcoin reserve bill introduced by the Pennsylvania House of Representatives on Thursday is the first of its kind and will allow the state treasury to allocate 10% of its approximately $7 billion in state funds to bitcoin. The bill will be submitted to the Republican-led Senate for review in the coming weeks and, if passed, will be submitted to the governor for signature.

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