🍬🇺🇸 Donald Trump to appoint crypto industry supporter Matt Gaetz as US Attorney General – decrypt

Earlier, the congressman introduced a bill allowing Americans to pay federal taxes in BTC, advocated for deregulation of the crypto industry + spoke out against the actions of the SEC.

@Сryptoz ₿

❗🇺🇸 US Department of Justice Investigates Polymarket – coindesk

"The betting platform did NOT block US users who use VPNs."

A Polymarket representative called the investigation "political retribution by the outgoing Biden administration for correctly predicting Trump's victory."

@Сryptoz ₿

🤯 US Spot Bitcoin ETF Issuers Already Own 1,070,000 BTC ($95B) – James Seyffart

BlackRock alone has 469,895 BTC ($42B) on its balance sheet.

@Сryptoz ₿

#xrp #onchain
💧Whales control 45,610,000,000 XRP ($35B) - the maximum since 2018! (Santiment)

We are talking about wallмets with a balance of > 1m XRP.

@Сryptoz ₿

❗️Gary Gensler admits the possibility of early departure as head of the SEC! (letter)

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🔥 18 US states (their attorneys general) file lawsuit against SEC – FOX

Charges: Abuse of power and unfair prosecution of crypto companies under the leadership of Gary Gensler.

Previously: Is Gary Gensler leaving?

@Сryptoz ₿

✖️ Ilya Lichtenstein was sentenced to 5 years in prison in the USA! Back in 2016, he hacked the Bitfinex exchange and stole about 120,000 BTC! (original)

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❌🇰🇷 Upbit, the largest Korean crypto exchange, may lose its license – mk

The South Korean regulator is investigating the exchange for violating its obligations to check customers – “about 500,000-600,000 cases where KYC was not carried out properly.”

An investigation is currently underway. Upbit may be fined ($75,000 for each violation) and lose its license to operate.

@Сryptoz ₿

😳 The US national debt has already exceeded $36,000,000,000,000…

@Сryptoz ₿

💸 The Fed's balance sheet has shrunk by $27.1 billion in one week!

▪️Collins, Fed Chair:
- The Fed may NOT cut interest rates in December.
- I don't see any signs of inflation picking up again.

▪️Goolsbee, Fed Chair:
- We need to start slowing the pace of Fed rate cuts.
- I don't think the Fed rate will go back to pre-pandemic levels.
- We'll probably have to cut rates within the next year.

❗️Market Expectations (#FedRate):
- December 18: 25 bps cut to 4.25-4.50% (58.7% chance)
- January 29, 2025: PAUSE.
- March 19, 2025: PAUSE.
- May 17, 2025: a reduction of 25 bps to 4.00-4.25%.

@Сryptoz ₿

🗣️ Santiment: The best projects in the Solana ecosystem by the level of cryptocurrency development over the past month.

@Сryptoz ₿

👤 ARK Invest CEO Cathie Wood Predicts BTC Price Will Reach $1.5M By 2030 – X

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😨 Developer dustin curtis received 4718 BTC for creating an app on eBay in 2011, but immediately sold all the coins for $10,000.

That's about $432,243,344 now...Are you familiar with FOMO?

@Сryptoz ₿

#strk
📊 Starknet blockchain transaction per second (TPS) speed could increase 4 times, and network fees will decrease 5 times over the next 3 months! - more

@Сryptoz ₿

🇵🇱 Polish presidential candidate Slawomir Mentzen intends to add Bitcoin to the country's strategic reserve if he wins the election!

@Сryptoz ₿