NiftyNoon: Is the American Government Finally Embracing Bitcoin? (Goodbye Gary Gensler)
In a major win for the institutionalization of crypto, the SEC has enabled certain institutions (rumored to include BNY Mellon) to bypass the SAB 121 rule and custody crypto directly (September 25)
Highlighted News:
Chairman @PatrickMcHenry and @SenLummis lead Republicans in a bicameral letter to @SECGov Chair Gary Gensler demanding the agency rescind its disastrous SAB 121 guidance amid bipartisan, bicameral opposition:
https://x.com/financialcmte/status/1838331612200669329?s=46
SEC Commissioner Hester Peirce says they're allowing "particular entities" to bypass SEC rule preventing regulated financial institutions from custodying Bitcoin and crypto:
https://x.com/bitcoinmagazine/status/1838668833369780603?s=46
World's largest custodian bank BNY Mellon is close to rolling out custody services for spot Bitcoin ETF funds — Bloomberg:
https://x.com/bitcoinmagazine/status/1838699975280136214?s=46
@RepRitchie confronting SEC Chair Gary Gensler with a deceptively simple question: Is a Yankee ticket a security?:
https://x.com/repritchie/status/1838652756246122507?s=46
Project and Community News:
Caroline Ellison, former CEO of Alameda Research, has been sentenced to 2 years in prison and 3 years of supervised release: https://x.com/tiffanyfong_/status/1838673281412485352?s=46
Big green candles across the Ordinals board: https://x.com/tyler_did_it/status/1838537719187640828?s=46
A Bitcoin whale holding $77M BTC mined in Bitcoin’s FIRST 2 MONTHS just moved 5 BTC to Kraken: https://x.com/arkhamintel/status/1838543209577730499?s=46
China just went all in on stimulus, sending Chinese stocks 4% higher. China's central bank: https://x.com/jsblokland/status/1838476709433135352?s=46
NEAR has finally implemented sharding: https://x.com/justin_bons/status/1838243936411812158?s=46
@VitalikButerin shares thoughts on solo staking, what realistic value solo (+ small-business and community) stakers could provide to the network: https://x.com/vitalikbuterin/status/1838461704771907726?s=46
@mcuban talked to the Harris team today who told him in no uncertain terms that they are against “regulation through litigation”: https://x.com/mcuban/status/1838667484905578704?s=46
Today, Circle announced the initial availability of a completely new suite of product, @circle Compliance Engine: https://x.com/jerallaire/status/1838587001181999297?s=46
@CounterpartyXCP announce the release Counterparty Core v10.4.0: https://x.com/CounterpartyXCP/status/1836409638985621839
In collaboration with @anza_xyz, Spherenet leverages SVM to connect licensed money transmitters and settle fiat currencies seamlessly: https://x.com/sphere_labs/status/1838621079377690665?s=46
Kerberus acquired Fire and its 50,000 users: https://x.com/kerberus/status/1838723408659648969?s=46
Developers can now use frames to launch full-functionality web apps within the mobile app: https://x.com/dwr/status/1838666019788984692?s=46
Never marry your bags - Pacmoon/Army is dead and isn't coming back: https://x.com/beast_ico/status/1838625756605186348?s=46
moonthat.gg is now live: https://x.com/coingurruu/status/1838422450662486184?s=46
@Dr_DAO_ On Bitcoin Shrooms, Quantum Computers, & BIP Land: https://x.com/dr_dao_/status/1838595834952429927?s=46
The dirty little secret about crypto that no one talks about: https://x.com/billmaher/status/1838646493118632340?s=46
Is ETH money? Let's settle the debate once and for all: https://x.com/tardfiwhale/status/1838696800385142865?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 566 ETH (▼ 21.15%)
🌊 OpenSea ETH Daily Volume: 299 ETH (▼ 1.24%)
🟠 BTC: $63,834.78 (▲ 0.58%)
🔷 ETH: $2,627.38 (▼ 0.35%)
🟣 Solana: $150.88 (▲ 3.06%)
🟪 Polygon: $0.41 (▲ 0.54%)
Top NFT Sales:
CryptoPunks #740: 32.00 ETH
CryptoPunks #8921: 31.00 ETH
CryptoPunks #6913: 30.48 ETH
NFT Daily Winners:
💼 Ordinal Maxi Biz: 0.20 BTC (▲ 7.95%)
🏳🌈 Chromie Squiggles: 3.70 ETH (▲ 7.25%)
🐱 Quantum Cats: 0.28 BTC (▲ 1.85%)
🏴☠ Captainz: 2.35 ETH (▲ 0.51%)
🚬 CryptoPunks: 28.49 ETH (▲ 0.42%)
👩🏻 Milady Maker: 3.23 ETH (▲ 0.13%)
NFT Daily Losers:
🦧 Bored Ape Yacht Club: 11.59 ETH (▼ 0.05%)
🐧 Pudgy Penguins: 10.61 ETH (▼ 0.75%)
⛩ Azuki: 5.68 ETH (▼ 1.90%)
👾 Tensorians: 8.13 SOL (▼ 1.94%)
😡 Mad Lads: 49.00 SOL (▼ 2.52%)
🐵 NodeMonkes: 0.20 BTC (▼ 5.09%)
🍭 Mocaverse: 1.83 ETH (▼ 5.24%)
🧦 Bitcoin Puppets: 0.12 BTC (▼ 8.20%)
Notes:
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