1. Bitcoin Hits New Heights: Bitcoin crossed $105,000 earlier today, continuing its bullish rally.
2. Trump and Bitcoin: President Trump's portrait has been inscribed into a Bitcoin block by Mara Holdings ahead of his upcoming inauguration.
3. Gary Gensler's Remarks: Outgoing SEC Chairman Gary Gensler reiterates that he "never called" Bitcoin and Ethereum securities.
4. Coinbase Controversy: Coinbase user Griffin McShane shares how the platform's account lock nearly cost him his wedding venue.
5. Strategic Bitcoin Reserve: The New York Times highlights "real political momentum" behind Donald Trump's proposed Strategic Bitcoin Reserve.
6. Bitcoin Market Cap Surge: Bitcoin's market cap has exceeded $2 trillion, setting a new milestone.
7. Crypto as National Priority: Bloomberg reports that President-elect Donald Trump plans to make cryptocurrency a "national priority."
8. No CBDC for the U.S.: Treasury Secretary nominee Scott Bessent states he sees "no reason" for the U.S. to adopt a Central Bank Digital Currency (CBDC).
9. MicroStrategy Short Loss: Martin Shkreli reports a $11,000 loss on his short position in MicroStrategy.
10. Bank of Japan Rate Hike?: Bloomberg predicts a strong chance of a Bank of Japan interest rate increase in January.
11. Pro-Bitcoin Legislation: California State Assembly member Phillip Chen is drafting legislation to promote Bitcoin adoption.
12. Metaplanet Milestone: Metaplanet's market cap has surpassed $1 billion after transitioning to a Bitcoin Standard.
13. BNB Market Cap Record: Binance Coin (BNB) now boasts a $105 billion market cap.
14. SEC Resignation: SEC’s top lawyer Megan Barbero will resign on January 20.
15. China's Economic Performance:
GDP: Beat expectations 🟢
Retail Sales: Beat expectations 🟢
Unemployment Rate: Missed expectations🔴
Industrial Production: Beat expectations 🟢
Fixed Asset Investment: Missed expectations 🔴
Analysts suggest more stimulus may be required for China’s economy
Stay tuned for further updates.
