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- 🌙 Gensler Hints at Resignation
🌙 Gensler Hints at Resignation
Gary Gensler reflects on his time as SEC Chair, hints at potential resignation, and outlines the future of crypto regulation.
Mike Gavela
November 14, 2024
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Crypto Roundup - November 14
Recent developments in the cryptocurrency and finance sectors have been marked by significant moves involving regulators, legal actions, and institutional involvement in blockchain. SEC Chairman Gary Gensler hinted at a potential resignation, igniting speculation about leadership changes within the regulatory body. Meanwhile, the FBI raided the home of Polymarket’s CEO in connection to allegations of U.S. betting violations, signaling increased scrutiny on crypto-based gambling platforms. In a more positive note, BlackRock has expanded its blockchain portfolio with the launch of BUIDL on five new blockchains, reflecting the growing institutional interest in decentralized finance.
Top Stories
Gary Gensler hints at resignation: SEC Chair suggests stepping down, fueling uncertainty about regulatory leadership.
FBI raids Polymarket CEO’s home: Authorities target Polymarket over alleged illegal U.S. betting operations.
BlackRock launches BUIDL: Asset management giant expands its footprint by adding five new blockchains to its platform.
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OTHER HEADLINES
CRYPTO TWITTER (X)
Money market funds now have more than $7 trillion in AUM.
Investors don't care yet that interest rates are coming down.
— Anthony Pompliano 🌪 (@APompliano)
8:58 PM • Nov 14, 2024
VanEck Launches SUI Product In Europe
VanEck, with $100 billion AUM, is launching an Exchange Traded Note, or ETN, for $SUI.
ETNs are types of unsecured debt securities that track an underlying index of securities and trade on exchanges like a stock, and Sui is an L1 blockchain… x.com/i/web/status/1…
— The Wolf Of All Streets (@scottmelker)
9:34 PM • Nov 14, 2024
BTC continues to trade over $40 billion per day on spot markets. This number was $10-12 billion for most of the year until the elections.
Half of BTC's top 6 spot volume days occurred in the past 3 days.
The single-day number to beat is $50.8 billion, scored on 2021-05-19.
— David Lawant (@dlawant)
9:49 PM • Nov 14, 2024
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