The Daily: Dogecoin investors drop class-action lawsuit against Elon Musk, Michael Saylor plans $100K bitcoin party and more
2024-11-16

It's Friday! In today's newsletter, dogecoin investors drop their class-action lawsuit against Elon Musk, JPMorgan analysts see positive crypto regulatory changes under the new U.S. administration, Donald Trump nominates bitcoin-friendly RFK Jr. for Secretary of Health and more.
Let's get started.
Dogecoin lawsuit against Elon Musk dropped
Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which accused him of manipulating the price of DOGE during its 2021 surge from less than $0.10 a share to around $0.70.
JPMorgan eyes six potential crypto market changes under Trump
JPMorgan analysts anticipate positive regulatory changes for crypto under President-elect Donald Trump, with clearer frameworks likely to benefit the industry.
Trump nominates bitcoin-friendly RFK Jr. for US Secretary of Health
President-elect Donald Trump nominated bitcoin advocate Robert F. Kennedy Jr. for U.S. Secretary of Health and Human Services on Thursday.
South Korea’s Upbit under probe for at least 500,000 KYC violations
South Korea's financial watchdog has accused Upbit of violating KYC rules in more than 500,000 cases, including approving accounts with incomplete or blurred ID verification, according to local newspaper Maeil.
Michael Saylor plans the long-awaited $100K bitcoin party — potentially on New Year's Eve
Preparations for the long-awaited $100K bitcoin party are underway, according to MicroStrategy co-founder Michael Saylor — potentially taking place this New Year's Eve.
Looking ahead to next week
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