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  • 12/23/24: Crypto Council ASSEMBLE! 🇺🇸💰⛓️

12/23/24: Crypto Council ASSEMBLE! 🇺🇸💰⛓️

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Top News

  1. Trump appoints Bo Hines to lead Presidential Crypto Council

  2. VanEck projects U.S. could cut debt by 35% with Bitcoin reserve

  3. Luigi Mangione joins SBF and Diddy at Brooklyn detention center

Specs’ Insights

1. Trump appoints Bo Hines to lead Presidential Crypto Council

⌐◪-◪ → Presidential Crypto Council, ASSEMBLE!

President-elect Donald Trump just appointed Bo Hines, former college football star, as the Executive Director of his newly formed Presidential Council of Advisers for Digital Assets, aka the "Crypto Council."

Hines will join forces with tech heavyweights like David Sacks, who will focus on crypto and AI policy, as part of Trump’s broader mission to make the U.S. the global hub for blockchain and digital currencies.

Meanwhile, Stephen Miran, a vocal Bitcoin advocate, will head Trump’s Council of Economic Advisers. Miran has been critical of current U.S. crypto regulations and promises to clear regulatory hurdles for innovation.

With these appointments, it’s clear: Trump is betting big on crypto. The U.S. might be on its way to becoming the world’s crypto capital.

2. VanEck projects U.S. could cut debt by 35% with Bitcoin reserve

⌐◪-◪ → Can Bitcoin save the U.S. from crippling debt?

VanEck just dropped a bombshell: the U.S. could cut its national debt by 35% by adopting Bitcoin as a strategic reserve asset. Their model assumes Bitcoin’s price hitting $42.3M by 2049 at a 25% annual growth rate.

But that’s not all — Michael Saylor just proposed an $81 trillion Bitcoin reserve plan, calling it a game-changer for the U.S. economy. Saylor believes Bitcoin could neutralize national debt and solidify the dollar’s dominance.

BRB, selling my house to buy more Bitcoin. Let’s get that $42M BTC.

3. Luigi Mangione joins SBF and Diddy at Brooklyn detention center

⌐◪-◪ → Luigi walks into a jail cell with SBF and Diddy…

It sounds like the start of a joke, but Luigi Mangione, the infamous fraudster, has officially landed at the Metropolitan Detention Center in Brooklyn—joining none other than Sam Bankman-Fried and Diddy.

This detention center is turning into a “who’s who” of high-profile cases, but here’s the kicker: Luigi’s lawyer is married to Diddy’s lawyer. You can’t make this stuff up.

Naturally, the internet is having a field day, with memes and conspiracy theories about what schemes this unlikely trio could cook up behind bars.

One thing’s for sure: Brooklyn’s MDC just became the weirdest intersection of crypto scandals, celebrity drama, and fraud cases ever.

📈 Market Snapshot

  • Bitcoin → $93,852.88 ▼ 1.59% (24h)

  • Ethereum → $3,296.87 ▲ 0.20% (24h)

  • XRP → $2.15 ▼ 2.90% (24h)

  • Solana → $183.07 ▲ 1.46% (24h)

  • CRV, CVX lead DeFi token index higher

  • Dogecoin down 23% as Bitcoin, XRP stumble

  • Bitcoin could become DeFi's collateral of choice? 🐦

⛓️ Crypto & DeFi

🏦 Wall Street & VC

🏛️ Legal & Regulatory

🌎 Rest Of The World

🖼️ NFTs & Metaverse

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