FROM Trump hinting to select a new FED chair before Christmas. TO Saylor debunking Strategy's delisting FUD.   A lot has happened on #crypto Twitter.   Give me 2 minutes, and I will update you with everything that you missed:
South Korea's largest exchange Upbit to pursue Nasdaq IPO after merger. BitMine's ETH holdings reached 3.63 million (3% of supply) after acquiring 69,822 ETH over the past week. $BTC is down more than 20% this month and is on track for its worst November since 2018. Strategy and Bitcoin supporters called for a boycott of JP Morgan after crypto treasury companies were excluded from major market indexes. The New York Stock Exchange cleared Grayscale’s Dogecoin $DOGE and $XRP ETFs to list.
$SOL ETFs have seen 19 consecutive days of inflows. Bitcoin Hashprice collapsed to all-time low of $34.49/PH/s, down over -50% in weeks and the lowest in #BTC’s entire history. Eric Trump said now is a great time to "buy" Bitcoin. Venezuela is pushing to add Bitcoin to its national banking network in the next 38 days, according to the report. 🇺🇸A new bill “Bitcoin for America Act” proposed allowing taxes to be paid in #Bitcoin.
Bitwise’s Solana ETF BSOL reached $500M AUM milestone. Coinbase acquired the $SOL trading platform Vector. The average holder of Spot BTC ETFs has slipped into negative territory as BTC price crashed. Kyrgyzstan made history with the first $50M issuance of $USDKG, a gold-backed stablecoin pegged to the US dollar. The Coinbase Bitcoin Premium Index has been negative for 21 straight days the longest sell streak of this cycle.
The Ethereum treasury company Bitmine's $ETH loss has approached $4.2 billion. Satoshi Era Bitcoin whale Owen Gunden sold all of his $BTC for $1.3 billion. Coinbase added ETH-backed loans via Morpho, letting users borrow up to $1 million. Ether Treasury Firm FG Nexus sold Nearly 11K ETH to Fund Share Buyback. Metaplanet planned $150 million perpetual preferred equity raise for Bitcoin buys.
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