Bankless

ROLLUP: BTC Shatters $100K, What's Next? | The Debanking Debacle | New SEC Chairman | Biggest Airdrop... Ever?

21 snips
Dec 6, 2024
Bitcoin has broken the $100K barrier, prompting reflections on its wild journey and community impact. Mayor Eric Adams revels in his Bitcoin paycheck success. The appointment of a new SEC chairman hints at a brighter future for crypto regulation. Additionally, XRP's rise to prominence shakes up the market, all while Hyperliquid prepares for a record-breaking airdrop. Amid these thrilling developments, Alex Mashinsky faces legal troubles, underscoring the volatility in the crypto landscape.
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ANECDOTE

Eric Adams Bitcoin Bet

  • NYC Mayor Eric Adams took his first three paychecks in Bitcoin in 2022.
  • He reflects on Bitcoin hitting $100k, saying “Who’s laughing now?”.
INSIGHT

Crypto Market Milestones

  • Bitcoin hits $100k, stablecoins reach all-time highs, and XRP flips Solana.
  • This has been a monumental week for the crypto markets.
ANECDOTE

Debanking goes Mainstream

  • Marc Andreessen discusses the "debanking" phenomenon on the Joe Rogan podcast.
  • This brought the issue of founders being debanked for political reasons into mainstream discussion.
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