Bitcoin has surpassed the highly anticipated $100,000 milestone!

The “Laser Eyes” movement, with glowing red eyes on social profile pictures, symbolized the Bitcoin industry’s unwavering faith. Bitcoiners showed solidarity in past bear markets.

Congratulations to your Bitcoin enthusiast for staying strong while pursuing this market success.

President-elect Donald Trump has appointed Paul Atkins as SEC chairman, signaling a shift in favor of cryptocurrency.

As a former SEC commissioner and long-time supporter of deregulation, digital assets and blockchain innovation, Atkins is expected to facilitate enforcement, review existing regulations and prioritize market growth.

Atkins is co-chair of the Token Alliance, founded in 2017, and advocates for responsible development in the token and digital asset markets.

His appointment is subject to Senate confirmation.

At the New York Times Deal Book Summit, Fed Chairman Jerome Powell described Bitcoin as a speculative asset similar to gold, rather than a rival to the US dollar.

Powell’s comments highlight what some believe is Bitcoin’s limited use as a payment method.

However, Bitcoin markets surged following Powell’s comments, coinciding with President-elect Trump’s appointment of Paul Atkins as SEC Chairman.

Alex Mashinsky, co-founder and former CEO of the defunct Celsius platform, has pleaded guilty to commodities and securities fraud.

He admitted to misleading customers, manipulating Celsius’ CEL token price, and profiting from inflated values.

Following Celsius’ bankruptcy in 2022, clients have only recovered 60% of their losses, while Mashinsky agreed to forfeit over $49 million. According to sentencing guidelines, he faces up to 30 years in prison and sentencing is scheduled for April 8, 2025.

Trump has named David Sacks, a South African native, former COO of PayPal and leading venture capitalist, as the “White House AI and Crypto Czar.”

In this newly created role, Sacks is tasked with creating a clear regulatory framework for the cryptocurrency industry.

Sacks, known for his innovation-friendly approach, is expected to advocate for minimal regulation while introducing targeted protections for critical AI and digital asset applications, in line with Trump’s goal of positioning the US as the “crypto capital of the planet.” .