Bitcoin is close to reaching $100,000. MicroStrategy has faced some challenges, and a new app called REKT Coins has been launched. MOG has reached $1 billion in transactions. The US Securities and Exchange Commission (SEC) chair, Gensler, plans to step down in January 2025. The Trump administration will create a crypto advisory committee.
XRP’s value has increased due to Gensler’s exit news. MicroStrategy’s stock fell by 16% after Citron, a hedge fund, announced they were betting against the company. SOL, a cryptocurrency, has reached a new all-time high on Coinbase. B2C2 will issue its first bond on Ethereum. El Salvador has made profits of $305 million from Bitcoin.
The SEC’s broker-dealer rule has been struck down in a legal victory. The Consumer Financial Protection Bureau (CFPB) will regulate big tech digital wallets, except for those related to cryptocurrency. Charles Schwab will start offering crypto directly to its clients. Trump Media is exploring possibilities for a crypto payment platform.
FTX plans to start repaying creditors from March 2025. Circle’s USDC will launch on Aptos, a new blockchain. WisdomTree has launched an exchange-traded product for XRP.
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