Author: Cointelegraph by Vince Quill

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Bitcoin dips below $94K level, bears now in control?

Market analysts, including Arthur Hayes, have warned of deep short-term price corrections before Bitcoin establishes a new all-time high. Source link

DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule. Source link

Trump's Bitcoin policies depend on US economic standing — Ki Young Ju

Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value. Source link

David Sacks has 2 years to push through meaningful policies — lawyer

Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats. Source link

Montenegro justice minister approves Do Kwon’s extradition to US

Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport. Source link

Former FTX executive Ryan Salame’s prison sentence reduced by 1 year

Bureau of Prison records indicate that former Alameda Research CEO Caroline Ellison’s sentence was also reduced by three months. Source link

Trump nominates Stephen Miran as Council of Economic Advisors chairman

“I’m a huge believer in innovation, in powering the betterment of mankind, and increasing prosperity,” Miran recently said in a podcast. Source link

MicroStrategy Bitcoin purchases surpass 2021 bull market levels

According to MicroStrategy co-founder Michael Saylor, the company currently holds 439,000 Bitcoin, valued at approximately $27 billion. Source link

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC. Source link

Relationship building is a hedge against debanking — OKX exec

Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities. Source link