🚀 Texas is spicing up the crypto scene with a gold-backed digital currency proposal! At the North American Blockchain Summit, Rep. Cody Harris suggested this shiny token could be Texans' golden ticket into the world of digital assets like Bitcoin.

- Harris sees this as a "stepping stone" for crypto skeptics, offering a state-backed safety net before diving into the decentralized deep end.
- While cheering for gold, Harris threw shade at CBDCs, calling them a potential privacy nightmare.

Yeehaw, Texas might just be paving the way for a crypto rodeo!

🐋 Ether whales are making waves! After an 8-year nap, a whale holding $1.34B in ETH woke up and started selling, but Ether's price still rose 7.5% last week, trading above $3,369. Meanwhile, Interchain, an early Ethereum ICO participant, joined the selling party, offloading over 21,600 ETH since April. Despite this, analysts predict a bullish breakout to $3,700, thanks to Bitcoin's record-breaking rally. Looks like Ether's got its dancing shoes on, ready to tango with the market! 💃

🚀 Bitcoin's November fireworks have lit up the crypto sky, with BTC soaring over 40.8% and nearly touching the six-figure mark at $99,000! Analysts are buzzing like bees in a honey pot, expecting Bitcoin to finally breach $100,000.

- Trump’s election win has rekindled investor appetite for risk-on assets.
- Stablecoin flows to exchanges hit a record $9.7 billion, hinting at more bullish moves.
- Investor sentiment is at "extreme greed," but remember, greed can sometimes lead to a slippery slope!

Will Bitcoin hit the magic number before November ends? Stay tuned!

🚀 Bitcoin bulls are on a munching spree, gobbling up the last bits of supply under $100K! BTC nearly hit $100K, reaching $99,500 on Bitstamp before a quick dip and rebound. Traders are eyeing a "violent breakout" as BTC chews through the $100K barrier. Skew and Keith Alan warn shorts might get squeezed like lemons. Meanwhile, Binance's trading volume took a chill pill after a recent spike, suggesting the market's catching its breath. Remember, folks, always do your homework before diving into the crypto pool!

🚀 Charles Schwab's soon-to-be CEO, Rick Wurster, is eyeing the crypto market with a mix of excitement and a dash of FOMO. Despite not owning any digital assets himself, Wurster plans to support Schwab clients eager to dive into crypto, pending regulatory green lights. With competitors like Fidelity and Robinhood in the mix, Schwab's ready to join the crypto party. Meanwhile, AI is making waves in wealth management, helping reps find info faster than you can say "blockchain." As crypto climbs to a $3.45 trillion market cap, Schwab's survey shows it's a hot favorite among ETF investors.

🚀 Texas is considering a strategic Bitcoin reserve, according to Dennis Porter from the Satoshi Action Fund. This move could make Texas a crypto cowboy, riding high in the world’s eighth largest economy. 🤠

- Senator Cynthia Lummis and Pennsylvania lawmakers are already on the Bitcoin bandwagon, proposing similar reserves to hedge against inflation and protect mining.

- Porter likens a Bitcoin reserve to historic US decisions like the Louisiana Purchase.

- The race is on to pass strategic reserve legislation, with international interest from Poland’s presidential candidate too.

Who knew Bitcoin could be the new gold rush?

🚀 Crypto companies might soon breathe a sigh of relief! With SEC Chair Gary Gensler stepping down in January, Pantera's legal eagle Katrina Paglia predicts many lawsuits could "quietly go away."

- Expect settlements with some "neither admit nor deny" language.
- Rumor has it, SEC's Hester Peirce might take over crypto matters, potentially issuing no-action letters.
- A cool January or February could thaw the current litigation freeze.

Stay tuned for a potential regulatory winter wonderland!

🚀 Solana (SOL) has soared to a new record high of $262.64 on Nov. 22, marking a triumphant comeback since the FTX debacle. This 11% leap in 24 hours is just the cherry on top of a 160% gain this year!

• SOL's rise is fueled by filings for spot Solana ETFs from big names like Bitwise and VanEck. Analysts are eyeing $400 next—no pressure, SOL!

• Memecoin mania and a 500% DeFi growth on Solana are adding fuel to the fire.

• Meanwhile, crypto markets are buzzing with SEC Chair Gary Gensler's resignation and a friendlier regulatory vibe.

XRP, ADA, and AVAX are also joining the party with impressive gains. 🎉

**Crypto Hub Drama: The Plot Thickens!**

- RMIT's Blockchain Innovation Hub faces an uncertain fate amidst a crypto market boom. 🚀
- Professor Ellie Rennie initially claimed the Hub was shut down, but later backtracked, revealing ongoing discussions.
- The Hub, an "experiment" since 2017, struggles with funding due to insufficient high-quality research.
- Timing is everything: Bitcoin's 45% surge post-Trump's election win adds spice to the saga.
- Decision lies with RMIT’s Deputy Vice-Chancellor. Will the Hub innovate its way to survival? Stay tuned!

🚀 In a twist of fate, Cboe BZX Exchange filed for Solana (SOL) ETFs on the same day SEC's crypto-skeptic chief, Gary Gensler, announced his resignation. Coincidence? We think not! Bitwise, VanEck, 21Shares, and Canary Capital are all in the race, hoping for a friendlier regulatory environment under new SEC leadership. If approved, these ETFs could debut on CBOE's BZX Exchange. Solana's been on a wild ride, soaring over 2,500% this bull cycle. With Gensler out, the crypto world might just get the regulatory clarity it's been dreaming of. Keep your popcorn ready! 🍿

🚀 Trump Media's crypto ambitions are no longer just tweets! A recent trademark filing hints at plans for "TruthFi," a platform offering digital wallets, crypto payment processing, and trading. While approval might take a year (or more, thanks to bureaucracy), the excitement is palpable.

- Trump Media is eyeing a crypto exchange acquisition, showing they're serious about diving into the digital asset pool.
- Meanwhile, Bitcoin is on a bull run, nearing the $100k mark. Coincidence? We think not!

Stay tuned as Trump-backed ventures continue to shake up the crypto world!

Bitcoin's "Industrial Complex" is having a party, and everyone's invited! 🎉

- On Nov. 21, trading volumes for U.S. spot Bitcoin ETFs and stocks like MicroStrategy (MSTR) and Coinbase (COIN) hit a whopping $70 billion.
- Bitcoin danced above $98,300, smashing the previous record of $55 billion set just a day earlier.
- MSTR was the star of the show, being the most-traded stock in the U.S., despite its shares taking a 25% nosedive from $536.7 to $397.28.

Eric Balchunas from Bloomberg dubbed it 'BITSANITY'—and we couldn't agree more!

🚀 Crypto execs are vying for a spot on President-elect Trump's rumored crypto advisory council, aiming to craft policies and potentially establish a Bitcoin strategic reserve. Coinbase, Ripple, and a16z are among the hopefuls.

Dennis Porter likens the reserve idea to historic US land grabs, suggesting Bitcoin could be the next big buy. Senator Lummis even proposes swapping some gold for Bitcoin to kickstart the reserve.

While some are skeptical, others, like Anthony Pompliano, urge the US to stock up on Bitcoin. Mike Novogratz predicts a $500K Bitcoin if the reserve takes off. Buckle up, crypto enthusiasts!

🚀 The Graph, the blockchain's answer to Google, has unveiled GRC-20, a new data standard for Web3. Think of it as the Rosetta Stone for decentralized apps, helping them chat fluently! This standard aims to replace the outdated RDF, offering a more connected and structured way to handle data. With concepts like Spaces, Entities, and Relations, developers can now create a smarter web. The Graph promises to cut DApp development time from months to days, all while rewarding contributors with GRT tokens. Who knew indexing could be this exciting? 📚

🎉 NFTs are getting a caffeine boost! Doodles NFTs are now gracing 100+ million McDonald's coffee cups across the US. While some folks are on a cup hunt, McDonald's promises full stock by Nov. 21. The Doodles floor price has more than doubled, and Doodle #3954 sold for a whopping 42.690 ETH! This collaboration is a big win, likened to Pudgy Penguins' Walmart deal. Doodles CEO says it's a blueprint for Web3 brands to go mainstream. Meanwhile, CryptoPunks and Chromie Squiggles are leading the NFT market revival. Looks like NFTs are brewing up a storm! ☕

FTX's bankruptcy saga continues with a sprinkle of optimism! 🎉 The estate has updated its timeline, aiming to reimburse creditors by January 2025, with initial payouts in March. While some creditors grumble about the payout calculations, FTX is busy filing lawsuits like it's going out of style—targeting exchanges like KuCoin and Crypto.com, and even Anthony Scaramucci. Meanwhile, Binance faces a whopping $1.8 billion lawsuit. As the drama unfolds, FTX's interim CEO assures they're full steam ahead to return funds swiftly. Stay tuned for more twists!

🚀 UK Crypto Regulations: A New Hope? 🚀

- The UK is gearing up for a crypto comeback with a draft regulatory framework set to debut early next year. Economic Secretary Tulip Siddiq announced the plan at the Tokenisation Summit, promising a comprehensive approach covering stablecoins, staking, and more.

- After a political plot twist, Keir Starmer's Labour government is taking the reins, aiming to simplify the crypto landscape. Siddiq emphasized that staking shouldn't be treated like a "collective investment scheme"—a relief for the industry!

- With Europe and the US setting the pace, the UK is eager to join the crypto party. Will it be fashionably late or just in time? Stay tuned!

🚀 Crypto enthusiasts, rejoice! A U.S. judge just gave the SEC's controversial broker-dealer rule the boot, ruling it a bit too ambitious for its own good. The rule, which aimed to redefine 'brokers' to include liquidity providers with over $50 million, was deemed a stretch by Judge Reed O'Connor.

Crypto advocates, like Marisa Tashman Coppel, are celebrating this "huge win" for the industry. But hold your horses— the SEC might still appeal. For now, it's a victory dance for decentralized networks! 💃

🚀 Breaking News: Crypto enthusiasts might just have a reason to smile! SEC Chair Gary Gensler, the crypto regulation czar, is set to exit stage left on Jan. 20, 2025, coinciding with President-elect Donald Trump's second term inauguration.

- Gensler, known for his rigorous regulatory approach, has been a formidable figure in the crypto world, launching over 100 actions against industry players.
- Trump's campaign promise to "fire" Gensler seems to have aligned with Gensler's own plans to depart.

Stay tuned, as the crypto landscape could be in for a wild ride!

🚀 In a twist worthy of a crypto soap opera, Coinbase plans to delist Wrapped Bitcoin (WBTC) by Dec. 19, 2024, citing "standards" rather than sibling rivalry. BiT Global, however, claims it's a sneaky move to boost Coinbase's own Bitcoin wrapper, cbBTC. With WBTC still reigning supreme at $14 billion TVL, Coinbase's cbBTC is catching up with $1.5 billion. Meanwhile, BitGo's partial control handover to BiT Global stirred the pot with Justin Sun's controversial cameo. Who knew Bitcoin wrappers could be this dramatic? 🍿