Bitcoin Reaches New All-Time High (ATH)
We can’t start this roundup without mentioning the big news: the BTC/USD chart has reached a new ATH! Bitcoin hit an all-time high of $93,266.
Currently, there’s a slight correction on exchanges, with 1 BTC trading around $90,000—3% higher than yesterday and a massive 20% increase compared to last week.
These gains follow the U.S. presidential election victory of Donald Trump, who has promised to strengthen the cryptocurrency market and may even encourage the Federal Reserve to start adding cryptocurrencies to its reserves.
New U.S. Government Department "DOGE" Proposed
Staying in the U.S., Trump has also proposed creating a "Department of Government Efficiency," abbreviated as "DOGE." This new agency, which will be headed by Elon Musk, aims to streamline the American government’s operations by reducing bureaucracy and cutting costs. This would be a continuation of Trump’s deregulation efforts from his first term.
The acronym DOGE is no accident—it's a clear nod to Musk’s favorite cryptocurrency, Dogecoin, which has surged over 100% in the past week.
Source: eu.usatoday.com
Polymarket CEO Arrested
The FBI has arrested the CEO of Polymarket, a betting platform, and seized his phone and other electronic devices.
Shayne Coplan, the CEO in question, was arrested on November 13 at his home in New York. A Polymarket spokesperson confirmed the arrest, describing it to Cointelegraph as an “obvious political vendetta.”
Notably, Trump was leading in Polymarket's U.S. election prediction markets, which some theorize could influence voter behavior toward the perceived frontrunner. However, Polymarket’s platform is for betting on election outcomes, not promoting specific candidates.
Rumors have circulated online that the Democratic Party may suggest the U.S. election results were affected by platforms like Polymarket.
Source: Cointelegraph
Polish Government Seeks Public Input on Blockchain
Poland’s Minister of Digitalization, Krzysztof Gawkowski, has introduced a draft of Poland’s Digitalization Strategy, now open for public consultation. Notably, one of the points addresses blockchain technology.
The Strategy mentions strengthening cybersecurity for blockchain technology and exploring its potential to solve cybersecurity challenges, particularly in AI systems. Additionally, policymakers are interested in integrating blockchain applications into financial and capital market infrastructures.
Anyone interested in contributing ideas can submit them to: konsultacje.strategia@cyfra.gov.pl. The consultation period is open until December 11.
Source: gov.pl