πΊπΈ TUNE IN: Texas leads the way as the first US state to buy and hold Bitcoin.
In Savannah Fortisβ new Byte-Sized Insight with Lee Bratcher, President of the Texas Blockchain Council, they dig into why Texas is doubling down during a downturnβand what that implies for future state-level $BTC policy.
Watch the full episode here.
PulseWire
In Savannah Fortisβ new Byte-Sized Insight with Lee Bratcher, President of the Texas Blockchain Council, they dig into why Texas is doubling down during a downturnβand what that implies for future state-level $BTC policy.
Watch the full episode here.
PulseWire
π Hereβs the latest from the last 24 hours:
- π₯ Bitcoin breaks out of its four-year cycle, entering an extended bull phase, with targets raised to $150k by 2026 and a $200k peak in 2027.
- π¨ Bitcoin supply on exchanges fell by 403.2K BTC over the past year, signaling reduced selling pressure and a lower risk of big sell-offs, per Santiment.
- π¦πͺ Circle secures Financial Services Permission license from Abu Dhabi's FSRA to operate as a Money Services Provider under ADGM.
- π₯ UAE National Security calls Bitcoin a "key pillar of future finance."
- π₯ SAYLOR: "China will copy the U.S. the moment America starts accumulating Bitcoin."
- π¨ $131M in positions wiped out in just one hour across the market.
- π₯ PNC launches Bitcoin trading for its private banking clients via a Coinbase partnership, letting them buy BTC directly within their investment accounts.
- πΊπΈ U.S. banks are now allowed to act as intermediaries for crypto transactions under new regulatory guidance.
- β‘ Tidal Trust files for a Bitcoin AfterDark ETF that would hold Bitcoin only during off-market hours.
- π¨ Stripe and Tempo, backed by Paradigm, launched its testnet β a payments-first blockchain designed for instant settlement with predictable fees.
PulseWire
- π₯ Bitcoin breaks out of its four-year cycle, entering an extended bull phase, with targets raised to $150k by 2026 and a $200k peak in 2027.
- π¨ Bitcoin supply on exchanges fell by 403.2K BTC over the past year, signaling reduced selling pressure and a lower risk of big sell-offs, per Santiment.
- π¦πͺ Circle secures Financial Services Permission license from Abu Dhabi's FSRA to operate as a Money Services Provider under ADGM.
- π₯ UAE National Security calls Bitcoin a "key pillar of future finance."
- π₯ SAYLOR: "China will copy the U.S. the moment America starts accumulating Bitcoin."
- π¨ $131M in positions wiped out in just one hour across the market.
- π₯ PNC launches Bitcoin trading for its private banking clients via a Coinbase partnership, letting them buy BTC directly within their investment accounts.
- πΊπΈ U.S. banks are now allowed to act as intermediaries for crypto transactions under new regulatory guidance.
- β‘ Tidal Trust files for a Bitcoin AfterDark ETF that would hold Bitcoin only during off-market hours.
- π¨ Stripe and Tempo, backed by Paradigm, launched its testnet β a payments-first blockchain designed for instant settlement with predictable fees.
PulseWire
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Today, Acting CFTC Chair Pham announced the members of the CEO Innovation Council, a panel exploring how shifting market structures are transforming the derivatives landscape. The lineup features the heads of Polymarket, Kalshi, Crypto.com, Gemini, and Kraken.
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π Catch up on the news from the last 24 hours!
π¨ Binance founder CZ warns that co-CEO Yi He's WeChat account was hacked, urging users not to buy memecoins from the hacker's posts.
πΊπΈ SEC Chair Paul Atkins said ICOs tied to network tokens, digital collectibles, or digital tools should not be treated as securities and do not fall under SECβs purview.
πΊπΈ President Trump to hold final interviews for Fed chair position this week, per FT.
πΊπΈ Senator Cynthia Lummis aims to release a draft of the crypto market structure bill by week's end, allowing industry and both parties to vet it before markup next week.
πΊπΈ ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on Dec. 9.
π₯ Strategy has submitted its response to MSCIβs digital-asset treasury consultation, calling for neutral and consistent index standards.
π¨ The Federal Reserve has cut interest rates by 25 basis points.
πΊπΈ Gemini secures Designated Contract Market license from CFTC, allowing it to offer prediction markets to US customers.
πΊπΈ CFTC Acting Chairman Pham announced CEO Innovation Council participants to discuss market structure developments in derivatives market.
π₯ BitMine adds another 33,504 ETH, worth about $112.06M, to its treasury.
PulseWire
π¨ Binance founder CZ warns that co-CEO Yi He's WeChat account was hacked, urging users not to buy memecoins from the hacker's posts.
πΊπΈ SEC Chair Paul Atkins said ICOs tied to network tokens, digital collectibles, or digital tools should not be treated as securities and do not fall under SECβs purview.
πΊπΈ President Trump to hold final interviews for Fed chair position this week, per FT.
πΊπΈ Senator Cynthia Lummis aims to release a draft of the crypto market structure bill by week's end, allowing industry and both parties to vet it before markup next week.
πΊπΈ ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows on Dec. 9.
π₯ Strategy has submitted its response to MSCIβs digital-asset treasury consultation, calling for neutral and consistent index standards.
π¨ The Federal Reserve has cut interest rates by 25 basis points.
πΊπΈ Gemini secures Designated Contract Market license from CFTC, allowing it to offer prediction markets to US customers.
πΊπΈ CFTC Acting Chairman Pham announced CEO Innovation Council participants to discuss market structure developments in derivatives market.
π₯ BitMine adds another 33,504 ETH, worth about $112.06M, to its treasury.
PulseWire
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