In recent news, Bitcoin (BTC) has hit a new all-time high of $100,000, and the SEC Chair, Gensler, has announced his departure in January 2025. The Trump administration is forming a crypto advisory committee, and XRP has reached a 3-year high due to the exit of Gensler. MicroStrategy’s stock has fallen by 16% after Citron shorts it, while SOL has broken its all-time high on Coinbase.
B2C2 plans to issue its first Ethereum-backed bond, and El Salvador has made $305 million in profits from Bitcoin. The SEC’s broker-dealer rule was struck down in a legal victory, and the CFPB will now regulate big tech digital wallets, excluding crypto. Charles Schwab will offer cryptocurrency directly to its clients, while Trump Media explores a crypto payment platform.
FTX will start repaying creditors in March 2025, and Circle’s USDC will launch on Aptos. WisdomTree has launched an XRP ETP.
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<p>The post CryptoNews: BTC Hits New All-Time High Amid Industry Developments first appeared on CoinBuzzFeed.</p>
