Monday brings a new set of roller-coaster communiqués in the crypto space, including regulatory actions, institutional interest, influencer-driven markets, and the never-ending “unmasking Satoshi Nakamoto” saga.
Here's a summary of the key crypto events for Monday, November 23:
The SEC reported record fines and penalties of $8.2 billion for fiscal year 2024, largely driven by a $4.47 billion settlement with Terraform Labs.
The Public Utilities Commission of Texas mandated that Bitcoin miners on the ERCOT grid must register their facilities within one working day.
Cantor Fitzgerald acquired a 5% stake in Tether, which may be connected to Howard Lutnick's rumored nomination for Secretary of Commerce.
A study by CoinWire revealed that 76% of meme coins promoted by influencers have lost at least 90% of their value.
A new theory links Bitcoin creator Satoshi Nakamoto to a major Bitcoin whale from 2010, based on the whale's large holdings of Bitcoin mined that year.
SHIB experienced an impressive 150% increase year-to-date, outperforming major cryptocurrencies like Bitcoin and Ethereum.
Project lead Shytoshi Kusama emphasized a strategy for the Shiba Inu project that focuses on growth beyond token burns.
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