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- Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
Bay Area Times
December 05, 2024
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Top stories today:
- Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
- Powell says Bitcoin “really a competitor for gold”
- Sam Altman suggests AGI overhyped, “tremendously sad” about Musk
- Google’s DeepMind shows Genie 2 to generate 3D content
- OpenAI announces 12-day “shipmas” season, Sora launch likely
- Global VC funding -13% MoM to $28B in Nov.
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of the few hallucinations):
1. Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
$104K was briefly touched by the world’s 1st cryptocurrency on late Wed.
$2.03T market cap.
+49% in BTC value since Trump’s election victory on Nov. 5.
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Atkins “recognizes that digital assets & other innovations are crucial,” Trump said
She carries deep tech policy experience, including work on big tech cases at the FTC.
Unclear whether she will be pro- or anti-M&A, given Vance’s mixed views.