Good morning!!!

* Italy's largest bank, Intesa Sanpaolo, has begun buying Bitcoin, according to leaked internal emails celebrating the "first transaction" of €1 million for 11 BTC.

* According to The Washington Post, David Sacks and the Trump transition team are working closely with cryptocurrency industry leaders to develop a legislative strategy.

* In the last 12 hours, more than $420,000,000 has been liquidated from the crypto market.

* Coinbase announced it will support the Peanut the Squirrel (PNUT) token on the Solana network.

* President-elect Trump is expected to issue EXECUTIVE ORDERS related to cryptocurrency policies on his first day in office.

* Tether and its subsidiaries are about to complete all paperwork to relocate to El Salvador.

* Cardano IOHK founder Charles CONFIRMS that he is in talks with Ripple to integrate $RLUSD into Cardano's blockchain.

The integration aims to enhance Cardano's DeFi capabilities, add new users, and strengthen its stablecoin ecosystem.

* Bitcoin fell below $90,000, ETH fell below $3,000, and ETH dropped 8.9% in 24 hours.

* Jamie Dimon, CEO of JP Morgan Chase, calls Bitcoin a Ponzi scheme that has no intrinsic value.

* Cryptocurrency payment platform MoonPay acquires blockchain payment processor Helio for $175 million.

* Investor Bill Miller, known for outperforming the SP500 for 30 years, explains why he has 50% of his personal wealth in Bitcoin.

"It offers PROTECTION against a financial CATASTROPHE in a way that NO other asset can offer."

* MicroStrategy has acquired 2,530 BTC for $243 million at $95,972 per bitcoin.

* Blockchain data analytics company Chainalysis acquires AI agent security startup Alterya for $150 million.

* The Trump administration plans to appoint about 24 CEOs and founders to its proposed cryptocurrency advisory board.