![Trump eyes first-ever White House crypto czar](https://cf-images.us-east-1.prod.boltdns.net/v1/static/694940094001/6a5c79f0-a6bf-4589-b842-eed92e5570d3/c2b96c0b-429d-4833-beef-1333576f2015/1280x720/match/image.jpg?pubId=854081161001)

In a recent discussion on **Fox & Friends**, 'Shark Tank' investor **Kevin O'Leary** shared his thoughts on the potential appointment of a **crypto czar** by former President **Donald Trump**. This could mark a historic move as it would be the first-ever position of its kind in the White House.

O'Leary also touched upon the influence of notable figures like **Elon Musk** and **Vivek Ramaswamy** in the **DOGE** cryptocurrency space, emphasizing their role in shaping market trends. 

The conversation sparked curiosity about who might be considered for key positions, including **Treasury Secretary** and the crypto czar. O'Leary's insights shed light on the evolving landscape of cryptocurrency and its potential integration into U.S. economic policy.

Stay tuned for more updates on this developing story as the political and financial worlds intersect in unprecedented ways.

'Shark Tank' investor Kevin O'Leary joins 'Fox & Friends' to discuss Elon Musk and Vivek Ramaswamy leading DOGE, Trump's potential appointments for Treasury secretary, and the first-ever crypto czar.

Could Trump Appoint the First-Ever Crypto Czar? Insights from Kevin O'Leary

### Cboe Global Markets Announces Launch
Cboe Global Markets (CBOE) is making waves in the cryptocurrency space by introducing the **first cash-settled options product** tied to **spot Bitcoin**. This innovative product is set to launch on **Monday, December 2**.

This move is expected to attract a new wave of investors looking for ways to leverage their positions in Bitcoin without the complexities of physical delivery. The cash-settled options will provide a more simplified trading experience, catering to both seasoned traders and newcomers alike.

### What This Means for Investors
With this launch, CBOE is positioning itself as a leader in the cryptocurrency derivatives market. The introduction of cash-settled options is a significant step in the evolution of Bitcoin trading, allowing for greater flexibility and potential profit opportunities.

Investors will now have the ability to hedge their Bitcoin exposure more effectively, which could lead to increased market participation and liquidity. This could be a game-changer for the overall market dynamics of Bitcoin and other cryptocurrencies.

Stay tuned for more updates as this product launch approaches and what it might mean for the future of cryptocurrency trading!

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Cboe Global Markets Set to Launch First Cash-Settled Bitcoin Options on December 2!

# Bitcoin ETFs Surge with $1 Billion Inflows

As **Bitcoin's price** approaches the **$100,000 milestone**, Bitcoin exchange-traded funds (ETFs) saw nearly record inflows of over **$1 billion** yesterday amid volatile trading conditions.

## Record Inflows

The influx came following the launch of **options trading** on **BlackRock’s spot Bitcoin ETF** on November 19, after the **SEC's approval** for options on spot Bitcoin ETFs last month. Notably, BlackRock’s **iShares Bitcoin Trust (IBIT)** attracted the largest inflows, drawing in just over **$608 million** on November 21, according to data from **Farside Investors**.

Meanwhile, the **Fidelity Wise Origin Bitcoin Fund (FBTC)** attracted over **$301 million**, while **Bitwise’s Bitcoin ETF (BITB)** brought in **$68 million**. Although these figures are historically high, they are still below the record **$1.12 billion** pulled in by BlackRock’s IBIT on November 7.

## Political Influence

The surge in inflows coincides with speculation around **Donald Trump**'s election and his promises to protect crypto mining interests and overhaul regulatory frameworks. Trump's administration is seen as favorable for crypto, potentially driving more investments into Bitcoin ETFs.

## Dominance of Bitcoin ETFs

Bitcoin ETFs are increasingly becoming a dominant way for investors to hold Bitcoin. As of November 22, U.S. Bitcoin ETFs hit **$100 billion in assets**, with a year-to-date flow nearing **$30 billion**. This positions Bitcoin ETFs as major holders, surpassing **Satoshi Nakamoto** and representing about **82%** of the total value of **Gold ETFs**.

However, the positive sentiment around Bitcoin ETFs has not translated to **Ethereum ETFs**, which have seen continuous outflows since November 14, losing **$7 million** on November 21.

![Bitcoin ETF Growth](https://example.com/bitcoin-etf-growth.jpg)

As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.

Bitcoin ETFs Surge with $1 Billion Inflows as Price Nears $100,000

MicroStrategy shares fell **16%** to **$397.28** Thursday, following statements from influential investment firm **Citron Research** that it placed a **short position** against the company while maintaining a **long position** in Bitcoin.  

The **disclosure** reveals mounting concerns about the company’s stock being overvalued due to what some perceive as an overly excessive valuation. Citron Research claimed Bitcoin investing has been **"easier than ever,"** citing ETFs and stocks available on trading platforms **Coinbase** and **Robinhood**.  

Citron, which notably backed MicroStrategy in 2020 as **"the best way to play Bitcoin,"** argued the company's valuation had become **"completely detached"** from Bitcoin fundamentals despite the alpha crypto approaching **$100,000** following a three-week runup in new all-time highs.  

The decline, which erased roughly **$20 billion** in market value, marked a dramatic reversal from early trading when the stock hit an intraday record of **$543**. MicroStrategy has since emerged as the second most actively traded stock on the Nasdaq by dollar volume, trailing **Nvidia**.  

The analyst Eric Balchunas noted it has been years since a stock traded this much, likening it to **GameStop (GME)** during its trading frenzy in early 2021. The **"Trump trade"** fever seems to have cooled off but expectations of a **crypto-friendly regulatory regime** in the U.S. have prompted companies like MicroStrategy to leverage its position and buy more Bitcoin.  

MicroStrategy's aggressive capital raising strategy has intensified scrutiny of its valuation premium. Adjusted for **debt and revenue**, the company trades at roughly **3.5 times** the value of its Bitcoin holdings. It recently completed a **$3 billion** convertible debt offering, upsized from an initial target of **$1.75 billion** due to strong investor demand.  

This forms part of MicroStrategy's ambitious **"21/21"** strategy unveiled in October, which aims to raise **$42 billion** through equal amounts of stock and bond sales through **2027** to expand its Bitcoin holdings.  

MicroStrategy operates like a **leveraged Bitcoin amplifier**, using convertible debt to buy more Bitcoin while its stock trades at a premium during bull markets. However, this strategy carries significant risk if Bitcoin enters an extended bear market that could push MSTR's stock below the conversion prices of its outstanding notes.  

Currently holding **331,200 BTC** acquired at an average price of **$49,874** per coin, MicroStrategy has positioned itself as **"the world's first and largest Bitcoin Treasury Company."** The total value of its Bitcoin holdings stands at approximately **$32 billion**, while the company's market capitalization has swelled to around **$107 billion**.  

Despite Thursday's decline, the company's year-to-date performance remains strong, with the stock up nearly **500%** compared to Bitcoin's **110%** gain and the S&P 500's **25%** advance.

MicroStrategy has since emerged as the second most actively traded stock on the Nasdaq by dollar volume, trailing Nvidia. But is it too hot?

Is MicroStrategy's Stock Overvalued as Bitcoin Approaches $100K? Insights Inside!

### **Introducing CoinFishing: A New Era in Fishing Games**  
**Singapore, Singapore, November 22nd, 2024 - Chainwire**  
CoinFishing has emerged as a groundbreaking **Web3.0 fishing game** that supports **cryptocurrency payments**. This innovative game provides a refreshing alternative to traditional fishing games, merging **dynamic gameplay** with **blockchain technology** for a unique gaming experience.  

### **Next-Generation Fishing Gameplay**  
**CoinFishing Promotional Video:** [Watch Here](https://www.youtube.com/watch?v=7qvdm94czME)  
Traditional fishing games often feature repetitive settings and limited gameplay. CoinFishing addresses these limitations by introducing diverse gameplay elements that keep players engaged. With powerful **fish cannons**, players can target schools of fish and earn in-game coins with every successful hit.  

**Key Features:**  
- **Upgradable Cannons:** Enhance your cannons for improved efficiency and unlock exclusive Boss challenges for substantial coin rewards.  
- **Diverse Fishing Zones:** Explore unique zones like **Challenger Harbor**, **Master Fjord**, **Champion Seas**, and **Royal Hunting Grounds**, each offering higher rewards and exclusive Bosses.  
- **Special Items and Modes:** Use Freeze, Lock, and Torpedo cards to overcome obstacles, while **Frenzy Mode** boosts coin rewards during high-intensity gameplay.  

### **Flexible Gameplay Options**  
![Gameplay](https://app.chainwire.org/storage/uploads/images/AD_4nXfbqRjv7ShJbVheqPzfPEOUrWwksvuVNmMoxUUF8-efCX_1732203460M5mDMrHNfH.jpeg)  
CoinFishing allows for both **competitive multiplayer matches** and **private fish farming**. Players can engage in real-time fishing battles or enjoy the tranquility of curating their own aquarium of collected fish, tailoring their gaming experience to personal preferences.  

### **Visual and Gameplay Enhancements**  
![Visuals](https://app.chainwire.org/storage/uploads/images/AD_4nXfPo-raeyQrxPBCeCPxYcUJxoYJJaj9Bv6XwcnRI4P3Pf_1732203460vqyFwrnCnX.jpeg)  
With **HD visuals**, CoinFishing immerses players in an underwater world featuring over **20 small fish species**, **20 golden rare fish**, and more than **30 uniquely styled Boss fish**. Boss battles showcase intricate designs and special effects, presenting both challenges and opportunities for significant in-game rewards.  

### **Cryptocurrency Integration and Secure Transactions**  
CoinFishing supports global **cryptocurrency payments**, including stablecoins like **USDT**, ensuring secure, blockchain-backed transactions for deposits and withdrawals. Beginners can access **OTC links** via the official payment center, simplifying entry into the ecosystem.  

### **NFT Collectibles for Added Value**  
![NFT Collectibles](https://app.chainwire.org/storage/uploads/images/AD_4nXeflhiKUmfvfbylt2V5Woa59O6c_0YRZKJjyIUG7h2Tj7_1732203459VyOlRlDrFU.jpeg)  
Players can exchange in-game coins earned in CoinFishing for **NFT digital art collectibles**, available in various rarities. These collectibles can be traded on platforms like **NFTmania** or other **decentralized exchanges (DEXs)**, offering opportunities to manage, trade, or sell digital assets.  

### **Community Airdrop Program**  
![Airdrop Program](https://app.chainwire.org/storage/uploads/images/AD_4nXe5-VEcK7nT9lmhoGFwrGceD_I8Ky-f1iyi_JNomvmtfQ_1732203459BQ98xsiodz.jpeg)  
To celebrate its launch, CoinFishing will implement an **airdrop program** to reward community engagement. Factors such as **coin earnings**, **leaderboard performance**, and **platform activity** will determine eligibility. Interested players can join the official Telegram communities, “**CoinFish Club**” or “**Coinfish**,” for participation details.  

### **Launch and Platform Support**  
CoinFishing is slated for release in **early 2025**, supporting **PC**, **Android**, and **iOS** platforms. The game will feature **cross-platform data integration**, allowing for a seamless gaming experience across devices.  

### **About CoinFishing**  
CoinFishing is a Web3.0-enabled fishing game developed by **CryptoPlay**, integrating **dynamic gameplay** with **blockchain technology**. Designed for players of all skill levels, it introduces cryptocurrency integration, NFT digital collectibles, and immersive HD visuals, redefining the fishing game genre. With features like upgradable equipment, competitive multiplayer modes, and secure transactions, CoinFishing uniquely blends gaming with digital asset management.  

For more information, visit [cryptoplay.game](http://www.cryptoplay.game) or [coinfishing.cryptoplay.game](http://coinfishing.cryptoplay.game).

                     Singapore, Singapore, November 22nd, 2024, ChainwireCoinFishing, a new Web3.0 fishing game supporting cryptocurrency payments...

Dive into the Future: Explore CoinFishing, the Revolutionary Web3.0 Fishing Game with Crypto Payments!

The **global cryptocurrency market capitalization** experienced a significant boost, increasing by **$160 billion** on Wednesday to surpass the **$3.2 trillion** mark. This uptick marks the highest daily gains for the cryptocurrency sector since **November 11**.

### Altcoin Market Updates: Solana, XRP, and BNB Surge as Traders Anticipate Gensler’s Exit

The news of **Gary Gensler’s** departure from the **US SEC** on **January 20** has ignited bullish momentum across the crypto markets. Investors are gravitating towards assets that have historically underperformed due to litigation under Gensler's SEC regime, including **Solana**, **Ripple (XRP)**, and **Binance Coin (BNB)**.

- **Ripple (XRP)** surged **12.7%**, briefly exceeding the **$1.20** mark shortly after Gensler's exit confirmation.
- **Solana (SOL)** gained **10.30%**, reaching **$259.80**, just shy of its all-time high.
- **Binance Coin (BNB)** rebounded **5%**, recovering to the **$629** level.

### Chart of the Day: Bitcoin Whales’ Buying Streak Enters 12th Day

**Bitcoin** also saw a **5%** increase, reaching **$98,988** on Thursday, marking its **fourth consecutive day** of hitting new all-time highs. Despite Gensler's exit dominating headlines, on-chain data indicates that large investors are driving this rally.

![Bitcoin Price Action](https://editorial.fxstreet.com/miscelaneous/Screen%20Shot%202024-11-21%20at%2010.24.31%20PM-638678301186321867.png)

On **November 20**, Bitcoin whales acquired **25,740 BTC**, the highest single-day net inflow of the week. This accumulation has led to a total of **128,448 BTC** being acquired over the last **12 trading days**, effectively tightening market liquidity and contributing to Bitcoin's recent price surge.

### Crypto News Updates:
- **Charles Schwab** plans to offer crypto trading services, anticipating a positive shift in US regulatory stance.
- **MicroStrategy** is set to issue **$3 billion** in convertible notes to buy more Bitcoin, having already acquired over **$6 billion** in BTC this month.
- **Donald Trump’s media company** is looking to enter the crypto space with a trademark application for **“TruthFi,”** indicating plans for a cryptocurrency payment platform.

This surge in the crypto market highlights a significant shift, with altcoins gaining traction and Bitcoin continuing its upward trajectory as investors react positively to the changing regulatory landscape.

 News of Gary Gensler’s exit from the US SEC on January 20 has sparked bullish momentum across the crypto markets. 

Crypto Market Soars as Gensler Exits: XRP and Solana Surge to New Heights!

## Paramount Business Jets Embraces Cryptocurrency Payments

Private jet charter flyers can now book their flights with **Paramount Business Jets** using major cryptocurrencies, including **Bitcoin**, **Ethereum**, and **USD Coin**. This move marks a significant shift in the private aviation industry, allowing for a more modern and flexible payment option.

The company offers a **tiered membership jet card** that utilizes **wholesale dynamic pricing** with fixed mark-ups, ensuring clients receive competitive rates.

**Richard Zaher**, CEO and Founder, expressed his enthusiasm, stating, “We are thrilled to offer cryptocurrency as a payment option for our clients.” This innovation is not just about keeping up with trends; it reflects Paramount's commitment to meeting clients' evolving needs and maintaining its position at the forefront of private aviation.

Zaher emphasized that accepting cryptocurrency payments aligns with the company's mission to enhance **client convenience and adaptability**. By incorporating crypto payments, Paramount aims to:

- Increase **speed and efficiency** of transactions.
- Bypass currency conversions for **international clients**.
- Eliminate delays typically associated with traditional banking systems.
- Enhance **security** for all transactions.

This move towards cryptocurrency is set to redefine the private jet booking experience, providing clients with the **utmost flexibility, convenience, and peace of mind**.

Bitcoin, Ethereum and USD Coin are among the cryptocurrencies now accepted by charter broker Paramount Business Aviation

Fly High with Crypto: Paramount Business Jets Now Accepts Bitcoin and More!

### Insights from Michael Novogratz on Bitcoin's Future

**Michael Novogratz**, CEO of **Galaxy Digital**, shared his thoughts on the current state of **Bitcoin** during a recent appearance on **CNBC's Squawk Box**. He expressed concerns about the potential for a **correction** in Bitcoin's price, noting that the cryptocurrency market is **‘levered to the gills’**.

### Record Highs and Market Dynamics

As Bitcoin continues to reach **record highs**, Novogratz emphasized that this surge may not be sustainable in the long term. He suggested that the current market conditions could lead to a significant **pullback**, as investors may have taken on excessive leverage to capitalize on the rising prices.

### The Importance of Caution

In this volatile environment, Novogratz advocates for caution among investors. He believes that while the potential for gains exists, the risk of a correction could lead to substantial losses for those heavily invested in the market.

### Conclusion

The discussion around Bitcoin remains heated, with many investors eager to understand the implications of these insights. As the market evolves, staying informed and prepared for potential changes is crucial for anyone involved in cryptocurrency trading.

Galaxy Digital CEO Michael Novogratz discussed bitcoin's record highs on "Squawk Box." 

Could Trump Appoint the First-Ever Crypto Czar? Insights from Kevin O'Leary

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Other Latest News

Cboe Global Markets Set to Launch First Cash-Settled Bitcoin Options on December 2!

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Is MicroStrategy's Stock Overvalued as Bitcoin Approaches $100K? Insights Inside!

Dive into the Future: Explore CoinFishing, the Revolutionary Web3.0 Fishing Game with Crypto Payments!

Crypto Market Soars as Gensler Exits: XRP and Solana Surge to New Heights!

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Other Latest News

Cboe Global Markets Set to Launch First Cash-Settled Bitcoin Options on December 2!

Bitcoin ETFs Surge with $1 Billion Inflows as Price Nears $100,000

Is MicroStrategy's Stock Overvalued as Bitcoin Approaches $100K? Insights Inside!

Dive into the Future: Explore CoinFishing, the Revolutionary Web3.0 Fishing Game with Crypto Payments!

Crypto Market Soars as Gensler Exits: XRP and Solana Surge to New Heights!

Fly High with Crypto: Paramount Business Jets Now Accepts Bitcoin and More!

Michael Novogratz Predicts Bitcoin Correction: Is the Crypto Market Overleveraged?