“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.
Coindesk
Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.
Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump’s win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.
Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor
Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.
Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto
A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
Ex-Valkyrie CEO Leah Wald’s Investment Firm Buys Four Validators, Including Solana Network’s, for Nearly $18M
The firm will buy validators for SOL, SUI, MONAD and ARCH networks.
How Tokenized Money Market Funds Dulled the Stablecoin Star
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan is the co-CEO of Prometheum.
Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether’s ambition to diversify its business from issuing the $126 billion USDT stablecoin.
The Post Web: Read, Write, Own, Delegate
The last decade of Web3 has battle-hardened a stack of distributed architecture and incentive games from smart contracts, token economics, DAOs and DeFi. While too complex for people themselves to operate at scale, this technology is primed for AI and the agentic internet, says Outlier Ventures’ founder and Chairman, Jamie Burke.
UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.