The Latest Breaking News from Gary Gensler

Bitcoin traded at one point in the $100,000 highs Wednesday night, seemingly fueled by positive reports around a supposed Donald Trump executive order for crypto, and growing optimism among crypto community members regarding $BTC prices in 2025.

With less than a week left before he steps down from his post as SEC chief, Gary Gensler has some very straightforward words for the broader cryptocurrency space, but he did acknowledge that Bitcoin has potential to morph into something bigger than it already is.

Coinbase has revealed almost entirely unredacted letters from the FDIC to member banks that showed how it asked the member banks to not engage in some Bitcoin and crypto-related activities.

Donald Trump's election was widely embraced by the crypto space, and one of the apparent beneficiaries of the President-elect's upcoming re-entry into the White House is Ripple, which overcame a four-year legal struggle with the SEC and is now ready to make crypto great again in its home turf.

Morgan Stanley is reportedly considering to add crypto trading to its E-Trade platform, and if does occur, the service could challenge the likes of Robinhood and even crypto-centric platforms such as Coinbase.

People will be on their own to understand risks and ensure they're choosing reputable services

$XRP was definitely one of the most-followed altcoins this year as it grappled with the SEC and weathered four years of legal woes only to climb to the same prices when it used to challenge Bitcoin in the market cap race.

Bo Hines is a hot topic among crypto users on X after Donald Trump announced his appointment into the leadership of the new Crypto Council, but many smaller crypto holders are concerned the former college footballer may not have the experience necessary to fill the role's big shoes.

ETF experts at Bloomberg believe new crypto ETFs will be approved in 2025, but it may be bad news for those waiting for $SOL and $XRP ETFs.