This week in crypto: a pro-crypto White House takes shape, MicroStrategy dominates Bitcoin headlines, Coinbase makes a bold delisting move, and a young memecoin creator learns the value of patience.
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Here’s what you need to know:
Trump’s Crypto-Focused Administration: Plans for a White House crypto role, pro-crypto appointments, and congressional leadership shifts signal a major industry pivot.
Trump Media Eyes Bakkt Acquisition: Trump Media reportedly plans to acquire Bakkt.
MicroStrategy’s Bitcoin Buying Spree: The company scales its holdings to nearly $30 billion while its stock becomes the most traded in the U.S.
Coinbase Delists Wrapped Bitcoin: Amid scrutiny of WBTC’s governance and Justin Sun’s growing influence, Coinbase is set to suspend trading in December.
FTX Co-Founder Sentenced: Gary Wang avoids prison after cooperating in the prosecution of Sam Bankman-Fried.
Razzlekhan Sentenced for Bitcoin Heist: Heather Morgan, aka “Razzlekhan,” gets 18 months in prison for her role in the 2016 Bitfinex hack.
Lido DAO’s Legal and New Ventures: Facing legal liability challenges, Lido’s co-founders are also launching “Y,” a blockchain identity platform challenging Sam Altman’s World Network.
Sky Launches USDS on Solana: The DeFi-native stablecoin makes waves with $2 million in incentives for early adopters.
Fun Bits: Memecoin Millions Missed: A young memecoin creator cashes out early, making thousands but missing out on millions.

bitcoin #ethereum #crypto #cryptocurrencies

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