Bitcoin soared to new all-time highs as MicroStrategy led massive BTC buys, and BlackRock's ETF options hit $1.9B volume. Meanwhile, a 13-year-old executed a rug pull, sparking chaos and meme token wars.
On the regulatory front, SEC Chair Gary Gensler announced his resignation effective January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Trump teased a “Crypto Czar,” while 18 states sued the SEC. Binance launched BFUSD with 19.55% APY, challenging Coinbase’s USDC yield.
Elsewhere, Solana reached new highs, McDonald’s partnered with Doodles, and Tether unveiled a tokenization platform. The crypto world remains as unpredictable as ever! &#8212;&#8212; 📣 LEGION | MERIT BASED ICOs <a href="https://bankless.cc/Legion">https://bankless.cc/Legion</a> 
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&#8212;&#8212; ✨ Mint the episode on Zora ✨ <a href="https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/99?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E"> https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/99?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E</a> 
&#8212;&#8212; TIMESTAMPS & RESOURCES
0:00 Intro
0:35 Gen-z Quant  <a href="https://x.com/DeeZe/status/1859110339251478754">https://x.com/DeeZe/status/1859110339251478754</a>  <a href="https://x.com/RyanSAdams/status/1859225228045402203">https://x.com/RyanSAdams/status/1859225228045402203</a> 
8:03 It’s a week of Bitcoin buys!  <a href="https://x.com/samcallah/status/1858507239897632909">https://x.com/samcallah/status/1858507239897632909</a>  <a href="https://x.com/saylor/status/1858496146026467378">https://x.com/saylor/status/1858496146026467378</a>  <a href="https://x.com/EricBalchunas/status/1859278500399620528">https://x.com/EricBalchunas/status/1859278500399620528</a>  <a href="https://www.prnewswire.com/news-releases/semler-scientific-announces-btc-and-atm-activity-raised-21-5-million-purchased-additional-215-btc-now-holds-1-273-btc-with-btc-yield-of-37-3-302308149.html"> https://www.prnewswire.com/news-releases/semler-scientific-announces-btc-and-atm-activity-raised-21-5-million-purchased-additional-215-btc-now-holds-1-273-btc-with-btc-yield-of-37-3-302308149.html</a>  <a href="https://ir.mara.com/news-events/press-releases/detail/1377/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes"> https://ir.mara.com/news-events/press-releases/detail/1377/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes</a>  <a href="https://x.com/Metaplanet_JP/status/1858352792647225371">https://x.com/Metaplanet_JP/status/1858352792647225371</a>  <a href="https://x.com/BitcoinMagazine/status/1858535519354827251">https://x.com/BitcoinMagazine/status/1858535519354827251</a>  <a href="https://x.com/bitcoinmagazine/status/1858874854402920902">https://x.com/bitcoinmagazine/status/1858874854402920902</a>  <a href="https://x.com/JSeyff/status/1858991206476509659">https://x.com/JSeyff/status/1858991206476509659</a>  <a href="https://x.com/EricBalchunas/status/1858994117617086840">https://x.com/EricBalchunas/status/1858994117617086840</a> 
21:59 Chillguy <a href="https://dexscreener.com/solana/93tjgwff5ac5thymi8c4wejvvqq4tumemuyw1leyz7bu"> https://dexscreener.com/solana/93tjgwff5ac5thymi8c4wejvvqq4tumemuyw1leyz7bu</a>  <a href="https://x.com/nayibbukele/status/1859433926206325107">https://x.com/nayibbukele/status/1859433926206325107</a>  <a href="https://solscan.io/account/AySxUvESXdGTVT6G3psgzWahduxJx8bGkb4Ddip8sADx"> https://solscan.io/account/AySxUvESXdGTVT6G3psgzWahduxJx8bGkb4Ddip8sADx</a> 
24:12 Vitalik bought $50 of an AI memecoin on Farcaster <a href="https://x.com/Tyler_Did_It/status/1859420049427267912">https://x.com/Tyler_Did_It/status/1859420049427267912</a> 
30:32 Gary Gensler set to Resign <a href="https://x.com/BanklessHQ/status/1859659202618327276">https://x.com/BanklessHQ/status/1859659202618327276</a>  <a href="https://x.com/BanklessHQ/status/1859664473025581561">https://x.com/BanklessHQ/status/1859664473025581561</a>  <a href="https://x.com/KMSmithDC/status/1859339558342607023">https://x.com/KMSmithDC/status/1859339558342607023</a>  <a href="https://x.com/RyanSAdams/status/1857123002921463862">https://x.com/RyanSAdams/status/1857123002921463862</a>  <a href="https://www.sec.gov/newsroom/speeches-statements/gensler-remarks-pli-s-56th-annual-institute-securities-regulation-111424"> https://www.sec.gov/newsroom/speeches-statements/gensler-remarks-pli-s-56th-annual-institute-securities-regulation-111424</a>  <a href="https://www.washingtonpost.com/business/2024/11/11/trump-crypto-regulation-bitcoin/"> https://www.washingtonpost.com/business/2024/11/11/trump-crypto-regulation-bitcoin/</a> 
36:35 “Coincidently”, Trump met with Brian Amstrong this week <a href="https://x.com/News_Of_Alpha/status/1858606637201633705">https://x.com/News_Of_Alpha/status/1858606637201633705</a>  <a href="https://x.com/nic__carter/status/1858922946116346273">https://x.com/nic__carter/status/1858922946116346273</a> 
38:01 Trump picked Howard Lutnick to lead the US Department of Commerce <a href="https://www.wsj.com/politics/trump-commerce-secretary-howard-lutnick-cabinet-77c86b81"> https://www.wsj.com/politics/trump-commerce-secretary-howard-lutnick-cabinet-77c86b81</a>  <a href="https://x.com/TheFlowHorse/status/1858942817592103046">https://x.com/TheFlowHorse/status/1858942817592103046</a>  <a href="https://polymarket.com/event/who-will-trump-nominate-for-treasury-secretary"> https://polymarket.com/event/who-will-trump-nominate-for-treasury-secretary</a>  <a href="https://x.com/twobitidiot/status/1859266763860394426">https://x.com/twobitidiot/status/1859266763860394426</a>  <a href="https://www.reuters.com/world/us/trump-team-weighs-creating-first-ever-white-house-crypto-role-bloomberg-news-2024-11-20/"> https://www.reuters.com/world/us/trump-team-weighs-creating-first-ever-white-house-crypto-role-bloomberg-news-2024-11-20/</a>  <a href="https://x.com/News_Of_Alpha/status/1859661975745167378">https://x.com/News_Of_Alpha/status/1859661975745167378</a>  <a href="https://cointelegraph.com/news/trump-mulls-crypto-friendly-cftc-chairs-report"> https://cointelegraph.com/news/trump-mulls-crypto-friendly-cftc-chairs-report</a> 
43:22 Trump Media might be buying Bakkt!  <a href="https://www.reuters.com/markets/deals/donald-trumps-social-media-group-talks-buy-bakkt-ft-reports-2024-11-18/"> https://www.reuters.com/markets/deals/donald-trumps-social-media-group-talks-buy-bakkt-ft-reports-2024-11-18/</a>  <a href="https://polymarket.com/event/will-trump-media-launch-a-crypto-exchange-in-2024"> https://polymarket.com/event/will-trump-media-launch-a-crypto-exchange-in-2024</a> 
44:54 SEC is being sued in 18 US states <a href="https://x.com/kobeissiletter/status/1857151924061221190">https://x.com/kobeissiletter/status/1857151924061221190</a> 
48:16 DAO members might be held liable under partnership laws <a href="https://x.com/milesjennings/status/1858720755523219932">https://x.com/milesjennings/status/1858720755523219932</a>  <a href="https://x.com/DennisonBertram/status/1859184992800186610">https://x.com/DennisonBertram/status/1859184992800186610</a> 
52:44 CEX STABLECOIN WARS: <a href="https://x.com/lopp/status/1858609316929974340">https://x.com/lopp/status/1858609316929974340</a>  <a href="https://x.com/coinbasewallet/status/1859286084535906744">https://x.com/coinbasewallet/status/1859286084535906744</a> 
57:44 Doodles partnered with McDonald's for holiday-themed collectibles <a href="https://x.com/McDonalds/status/1857061165760741780">https://x.com/McDonalds/status/1857061165760741780</a>  <a href="https://x.com/HuinGuillaume/status/1858538735375176159">https://x.com/HuinGuillaume/status/1858538735375176159</a> 
58:44 Coinbase will delist Wrapped Bitcoin & Tether is launching a tokenization platform <a href="https://x.com/ercwl/status/1859136365083951123">https://x.com/ercwl/status/1859136365083951123</a>  <a href="https://x.com/hadron_tether/status/1857091170825891962">https://x.com/hadron_tether/status/1857091170825891962</a> 
1:01:08 Bankless is looking for Video Editor or Producer! & Bankless Summit is now online   <a href="https://x.com/BanklessHQ/status/1858857798471479777">https://x.com/BanklessHQ/status/1858857798471479777</a>  <a href="https://x.com/BanklessHQ/status/1858741172404916622">https://x.com/BanklessHQ/status/1858741172404916622</a>  <a href="https://bankless.cc/PodcastPremiumFeed">https://bankless.cc/PodcastPremiumFeed</a> 
1:02:26 Meme of the Week <a href="https://x.com/alistairmilne/status/1858508814305153307">https://x.com/alistairmilne/status/1858508814305153307</a> 
1:02:51 Closing & Disclaimers 
&#8212;&#8212; Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

ROLLUP: $100k BTC? | Gensler Resignation | Trump’s ‘Crypto Czar’ | Memecoin Rugs

Bitcoin soared to new all-time highs as MicroStrategy led massive BTC buys, and BlackRock's ETF options hit $1.9B volume. Meanwhile, a 13-year-old executed a rug pull, sparking chaos and meme token wars. On the regulatory front, SEC Chair Gary Gensler announced his resignation effective January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Trump teased [&hellip;]