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Top #CryptoNews of This Week

1️⃣
#Trump secured 270 electoral votes to become the 47th U.S. President, while #Bitcoin surged ATH to $75,000.

2️⃣ Trump’s team considered
#DanGallagher for SEC Chair due to his pro-crypto stance.

3️⃣ The Federal Reserve capped rates at 4.75%, cutting by 25 basis points.

4️⃣
#Bitcoin spot ETFs saw record $1.376B net inflow, led by BlackRock’s ETF.

5️⃣
#Detroit announced plans to accept cryptocurrency payments for taxes by mid-2025.

6️⃣
#Coinbase allegedly demanded high fees for listings, with amounts up to $300 million.

7️⃣
#Kraken, Paxos, Robinhood launched the Global Dollar Network with stablecoin USDG.

8️⃣ Circle planned expansion in Hong Kong, focusing on USDC’s
#stablecoin market potential.

9️⃣ Tether CEO confirmed no plans to launch an official blockchain, emphasizing neutrality.

🔟
#Ethereum Foundation’s 2024 report showed 99.45% crypto holdings in ETH, $970.2M reserves.