5 must-read articles for the evening | Countdown to SEC Chairman Gensler's resignation

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Jinse Finance
2 days ago
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1. Disassembling MicroStrategy: An Enhanced "Grayscale + Luna"

Bitcoin breaks $80,000! Bitcoin breaks $90,000! Bitcoin breaks $95,000! Bitcoin breaks $99,000! Clearly, Bitcoin is bound to break the $100,000 mark very soon. Common sense tells us that the sharp rise in prices is directly due to people buying in large quantities with real money, after all, "Money Talks".Read more

2. Iron-fisted SEC Chairman Gary Gensler to Step Down at the End of Trump's Term

According to a statement issued by the U.S. Securities and Exchange Commission, SEC Chairman Gary Gensler, whose term was originally scheduled to end in June 2026, will step down early on January 20, 2025.Read more

3. Time Magazine: How Did Musk Become the "King-Maker"?

Whom did we just elect? At the top of the Republican ballot are two names: Donald Trump and J.D. Vance. But part of the madness of this November has left the impression that others have already taken control of our collective destiny. We've seen him play various roles - the man who bought Twitter and fired more than half of its employees, the inventor who revived the space program, the automaker whose new truck makes children pause on the sidewalk. Suddenly, Elon Musk has entered the political arena, hosting rallies, guiding government appointments, and shaping the agenda of the next U.S. president.Read more

4. Bitcoin Hits New High, Approaching $100,000 - What Should I Do With My Altcoins?

The Bitcoin vampire squid is in a self-reinforcing stage, previously only sucking the blood of Altcoins, and now starting to suck the blood of on-chain meme coins. This morning, I observed that the market sentiment on Twitter has become very poor, with the voices of crypto nihilism and BTC Maxi fundamentalism being very loud.Read more

5. Countdown to SEC Chairman Gensler's Departure - Crypto Industry Sees Light at the End of the Tunnel

The crypto industry is overjoyed, as the departure date of SEC Chairman Gary Gensler has been set - January 20, 2025, the same day as Trump's inauguration. Gensler not only will resign from his leadership position, but will also no longer serve as a commissioner. After this news was released, BTC surged to $99,014.21 intraday, with the $100,000 mark seemingly within reach.Read more

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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