DeepNewz

People
Caroline Ellison Begins Two-Year Prison Sentence in Danbury for Role in FTX Fraud
Caroline Ellison, a former top executive in Sam Bankman-Fried’s FTX cryptocurrency empire and ex-co-CEO of Alameda Research, began her two-year prison sentence at the Federal Correctional Institution in Danbury, Connecticut

People
Trump to Make U.S. World’s Crypto Capital and Establish Strategic Bitcoin Reserve Amid $1.4 Trillion Stimulus, Chinese Media Reports
China Central Television has reported that Donald Trump plans to position the United States as the world's leading Bitcoin and cryptocurrency capital

Markets
Bitcoin Hits Multiple All-Time Highs, Latest at $76,679, Fourth Time This Week
Bitcoin has reached a new all-time high (ATH) multiple times this week, with the latest peak at $76,679

Regulation & Politics
Detroit to Accept Bitcoin for Taxes and Fees in 2025, Managed by PayPal
Detroit, Michigan, has announced that it will start accepting Bitcoin and other cryptocurrencies for tax payments and city fees beginning in mid-2025

Infrastructure
Phantom Enables Crypto Purchases with Venmo via MoonPay, Solana Included
Phantom has announced a new feature allowing its users to buy cryptocurrency using Venmo

TradFi & Fintech
BlackRock in Talks to Acquire Minority Stake in $70 Billion Millennium Management, Major BTC Holder
BlackRock is in discussions to acquire a minority stake in Millennium Management, a hedge fund managed by Izzy Englander

Regulation & Politics
Trump to Replace SEC Chair Gensler Immediately, Robinhood CLO Dan Gallagher Front-runner
President-elect Donald Trump is considering candidates to replace SEC Chair Gary Gensler immediately upon taking office, with Robinhood's Chief Legal Officer Dan Gallagher reportedly the front-runner, according to Reuters

Markets
Solana Surges 30% in Three Days to $200, Eyes $260 Amid Bullish Momentum
Solana (SOL) has experienced a significant surge in value, reaching $200 for the first time since July

NFTs & Web3
Ai-Da Robot's 'AI God' Portrait of Alan Turing Fetches Record $1.32 Million at Sotheby's
A portrait of English mathematician Alan Turing, created by the humanoid robot artist Ai-Da, sold for a record $1.32M

Blockchains
Ethereum Foundation Reveals $970.2M in Assets as of October 31, 2024, with 81.3% in Crypto
The Ethereum Foundation has released its 2024 financial report, revealing it holds $970M




