SEC Chair Gensler to Resign Amid Crypto Market Shifts

TL;DR Summary
Bitcoin reached new all-time highs, nearing $98,000, while Solana's market cap surpassed major companies like Starbucks. MicroStrategy's Bitcoin strategy has significantly outperformed the market, and spot Bitcoin ETFs saw $1.7 billion in inflows last week. XRP surged 100% amid rumors of SEC Chair Gary Gensler's resignation and potential collaborations with Cardano. Trump's media company is in talks to acquire crypto platform Bakkt, and former Binance US CEO Brian Brooks is considered as a potential SEC Chair replacement, indicating a possible shift towards a more crypto-friendly regulatory environment.
- Crypto Bull Market: Big News For Bitcoin, Solana, XRP And ETFs Yahoo Finance
- SEC Chair Gary Gensler will step down Jan. 20, make way for Trump replacement CNBC
- SEC Chair Gary Gensler resigns, leaves legacy of division and crypto feuds Fortune
- Gensler Says He Won't Leave SEC Until Trump Takes Office The Wall Street Journal
- SEC Chair Gensler Says He’ll Resign on Inauguration Day Barron's
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