Yesterday, Binance announced the delisting of several cryptocurrencies, including Gifto ($GFT ). Instead of panicking, the Gifto team pulled a bold move — they minted an extra 1.2 billion tokens, effectively doubling the supply. 🎉
But wait, there's more! They then dumped those tokens on exchanges, crashing GFT’s price by 38%. Because, clearly, getting delisted from one of the largest exchanges wasn’t enough drama for the day. 😅
Rumor has it, the funds from the token sale went straight in
🇯🇵 Japanese company Metaplanet plans to raise $62 million to expand its cryptocurrency holdings. Currently, the company owns 1,142 BTC.
🏭 Mining giant Marathon Digital (MARA) has also joined the action, purchasing an additional 703 BTC in November, bringing their total holdings to 6,474 $BTC
🎥 Meanwhile, streaming platform Rumble has announced its adoption of the Bitcoin Standard. As part of its new treasury strategy, the company plans to invest $20 million in Bitcoin.
👀 Donald Trump’s team is considering #PaulAtkins , a former SEC commissioner, as the next head of the Securities and Exchange Commission (SEC). Known for his pro-innovation stance, Atkins could pave the way for a more favorable regulatory environment for cryptocurrencies and blockchain technologies in the US.
❗️However, the bigger story lies elsewhere: the Trump administration plans to shift crypto regulation to the CFTC (Commodity Futures Trading Commission). This move would classify tokens a