ChainCatcher news, cryptocurrency exchange Gemini co-founder Tyler Winklevoss posted on the X platform that as long as Harvard University continues to have ties with U.S. Democratic Senator Elizabeth Warren, the U.S. federal government should terminate tax exemptions and funding for Harvard University.She is a law professor, yet she has launched an illegal war against the cryptocurrency industry; American taxpayers' money should not flow to institutions that harbor these villains.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett's post on the X platform, some Republican members of the Financial Services Committee, led by U.S. Congressman John Rose, have sent a letter to SEC Chairman Gary Gensler and FINRA CEO Robert Cook, expressing concerns about their continued silence regarding the Ethereum custody service launched by Prometheum Inc. in May of this year, which the relevant regulatory agencies believe falls under the so-called "crypto asset securities."The letter points out that the silence of these agencies on this matter indicates that, given the SEC has already acknowledged that ETH is not a security, and the term "crypto asset securities" does not apply to the tokens themselves but rather to the manner in which the tokens are sold, it has created market confusion and uncertainty.John Rose stated in the letter: "Participants in the digital asset space deserve certainty from regulators, yet under Gary Gensler's leadership, they have only received chaos and confusion. I hope that as Chairman Gary Gensler cleans out his office, he will seriously listen to our concerns and provide some real guidance before he leaves."

ChainCatcher news, according to The Block, Atlanta-based crypto ATM manufacturer Bitcoin Depot has released financial reports showing that the company's revenue for the third quarter was $135.3 million, a decrease of 25% compared to $179.5 million in the third fiscal quarter of 2023.The company also reported holding over $1.31 million in cryptocurrency. According to the company's website, Bitcoin Depot has approximately 16,700 locations in the United States, Canada, and Australia.In August 2022, Bitcoin Depot went public with a valuation of $885 million. The company's Class A common stock (ticker symbol: BTM) is traded on NASDAQ, and as of 4:22 PM EST on November 15, its valuation was $1.99. Currently, its market capitalization is approximately $118.2 million.

ChainCatcher news, Bloomberg analyst Eric Balchunas posted on social media that the CFTC has just released a notice clearing the way for the listing of spot Bitcoin ETF options.This is the second obstacle that needs to be cleared after the SEC. Now we just need to wait for the OCC (Options Clearing Corporation) to list it.

ChainCatcher news, according to Cointelegraph, Helix founder Larry Harmon was arrested in 2020 for helping criminals launder money and has now been sentenced to three years in prison.U.S. District Judge Beryl Howell stated that the sentence was lenient given his assistance in the Bitcoin Fog mixer case.Larry Harmon operated the dark web Helix cryptocurrency mixer from 2014 to 2017, during which he laundered over 350,000 BTC. Helix collaborated with the Grams dark web search engine, which Larry Harmon also operated.

ChainCatcher news, according to short-selling research firm S3 Partners, the short interest in Bitcoin mining stocks has surged by 50% over the past 30 days, reaching $4.6 billion.This is the highest level for 2024, with Bitcoin mining stocks like Riot, Marathon Digital, and CleanSpark seeing price increases of 86%, 55%, and 73% respectively since September, far exceeding Bitcoin's gains.Matthew Unterman, Managing Director at S3 Partners, stated that this rapid increase could trigger a short squeeze, leading to market volatility.

According to ChainCatcher, as reported by The Block, a public court document submitted on November 14 reveals that Musk vetoed OpenAI's ICO plan in 2018.The document shows that Musk and his legal team stated that in early 2018, OpenAI's two founders, Sam Altman and Greg Brockman, wanted to launch a token to help the company become profitable, but Musk believed it would only damage the credibility of OpenAI and everyone associated with the ICO.OpenAI was originally a non-profit organization, and Musk joined OpenAI as co-chair of the board, investing $44 million in the startup. Musk even suggested merging OpenAI with Tesla to address the funding issues of the AI startup. However, Musk left OpenAI in February 2018 and founded his own AI company, xAI.

ChainCatcher news, Bank of America stated that as the cryptocurrency rebound progresses, the momentum of Meme coins may gradually weaken.

ChainCatcher news, according to Reuters, the Manhattan U.S. Attorney's Office plans to scale back its handling of cryptocurrency cases.Scott Hartman, co-head of the Securities and Commodities Task Force for the Southern District of New York, stated that the office will not overlook cryptocurrency cases, but the number of prosecutors handling these cases is fewer than during the 2022 crash in digital asset prices (the so-called "crypto winter").

ChainCatcher news, CryptoQuant analyst G a a h stated that the BTC reserves on exchanges have hit the lowest level since November 2018, and the market may see a trend of Bitcoin appreciation.

ChainCatcher news, according to Jinshi reports, the Norwegian government has proposed a requirement to disclose the ownership of cryptocurrency assets.

ChainCatcher news, according to Bitcoin Magazine, publicly traded company Thumzup Media Corp announced that it will adopt Bitcoin as a treasury reserve asset, with the company's board approving the purchase of up to $1 million in Bitcoin.It is reported that Thumzup Media Corp is engaged in the social media branding and marketing industry. The company operates in a single business area, namely social media marketing.

ChainCatcher news, according to Finance Feeds, Swiss investment company ISP Securities has partnered with cryptocurrency technology provider Taurus to use its digital asset custody solution Taurus-PROTECT. ISP's institutional clients will be able to trade, custody, and stake the digital assets provided by ISP.

ChainCatcher news, according to The Block, JPMorgan analysts outlined six key regulatory and market changes for the cryptocurrency industry under the Trump administration that could reshape the landscape of cryptocurrency in the U.S. under the leadership of Trump and the Republican-led Congress.JPMorgan analysts indicated that several stalled cryptocurrency bills may quickly gain approval. These bills include the "Financial Innovation and Technology for the 21st Century Act" (FIT21), which could provide much-needed regulatory clarity for the crypto industry by clearly defining the regulatory responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).They also stated that as the regulatory framework becomes clearer, the SEC's strategy of increasing enforcement may evolve into a more collaborative approach. High-profile lawsuits against companies like Coinbase may be eased, settled, or even dismissed. Regulatory notices sent to companies like Robinhood and Uniswap could be reconsidered, thereby reducing the litigation risk for the broader crypto industry. The SEC's "Staff Accounting Bulletin No. 121" (SAB 121), which restricts banks from holding digital assets, may be repealed.Additionally, JPMorgan analysts noted that the SEC may seek to resolve lawsuits concerning unregistered securities and require the launch of futures-based ETFs for these assets before approving spot ETFs. These factors could delay the approval of new ETFs or require re-filing. Clearer regulations may increase venture capital, mergers and acquisitions, and initial public offerings in the cryptocurrency space. Although strategic Bitcoin reserves would significantly enhance Bitcoin's legitimacy and could potentially drive up its price, the likelihood of this passing is low.

ChainCatcher news, according to Bloomberg, an expert committee advising Norwegian politicians stated that although the country is one of the lowest users of cash globally, there is currently no urgency to adopt a central bank digital currency (CBDC).The committee believes that cash still plays an important role in ensuring safe and simple payments for everyone. Nevertheless, it recommends that "necessary regulatory reforms" should begin in order to potentially introduce a significant CBDC in the future.

ChainCatcher news, Equation Founder him posted on X that a whale had sent 20 million Fartcoins to the wallet address of Truth Terminal, which was worth $40,000 at the time and is now worth $5 million, making Truth Terminal the first AI millionaire. In the end, he stated that this whale is himself.