TL;DR
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The SEC takes aim at AI, short sellers have lost $2.6B on BTC, and Bitcoin is now more valuable than Tesla, Meta, and Berkshire Hathaway.
Full Story
If you’re in a public place, you might want to go somewhere private to read this one…
We’ve collected three pieces of news that will make you yell “niiiice!” at progressively higher volumes.
Ready? Great. Let’s go:
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SEC chair Gary Gensler says don’t ‘AI Wash’ investment pitches.
This one’s your appetizer.
Isn’t it nice to see him taking aiming at an industry that isn’t crypto for once? Maybe all those court losses are making him rethink his approach? -
Crypto short sellers have lost $2.6B since the BTC bull run began.
This is your entree.
We’ll be taking this data with us to family dinner over the holidays, and walking in like a nerdy-kid-turned-millionaire walks into their high school reunion. -
BTC is now more valuable than Tesla, Meta, & Berkshire Hathaway.
This is desert.
Given Warren Buffet has been so anti-Bitcoin, seeing BTC flip Berkshire Hathaway brings a certain sense of ‘told you so’ schadenfreude.
Not a bad way to close out the week!
Have a cracker of a weekend, folks.
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