The Daily: Gary Gensler’s potential farewell, bitcoin ETFs’ half-trillion-dollar milestone and more
2024-11-15

Happy Thursday! In today's newsletter, Gary Gensler's time leading the SEC nears a possible end, Republicans keep control of the U.S. House, spot bitcoin ETFs reach a half-a-trillion dollar milestone and more.
Meanwhile, the FBI seizes Polymarket CEO Shayne Coplan's phone and electronics.
Plus, find out how Elon Musk, Vivek Ramaswamy and Dogecoin co-creator Billy Markus reacted to Trump's "DOGE" announcement.
Let's get started.
Gary Gensler's potential farewell
In prepared remarks on Thursday at the Practicing Law Institute's 56th Annual Institute on Securities Regulation, U.S. Securities and Exchange Commission Chair Gary Gensler reflected on his time leading the agency's team.
Republicans keep control of US House, ushering in crypto-friendly lawmakers to lead key committee
Republicans retained control of the U.S. House on Wednesday, having secured a majority of 218 members, paving the way for crypto-friendly lawmakers to lead the Financial Services Committee and efforts for digital asset-related bills.
US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume
U.S. spot bitcoin ETFs have surpassed $500 billion in cumulative trading volume — less than a year after their January debut.
DeFi Technologies aims to replicate MicroStrategy's success with upcoming CoreFi Strategy launch
Fintech firm DeFi Technologies is launching CoreFi Strategy, aiming to offer investors "higher beta bitcoin exposure" through Core, which is positioned as a "bitcoin-staking" blockchain despite Bitcoin not having a native staking model.
Coinbase surges back into US Apple App Store top 10 amid Trump-fueled crypto rally
Coinbase has surged back into the U.S. Apple App Store's top 10 free category, reaching the number one position in finance amid the recent Donald Trump-fueled crypto rally.
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