Top stories today:
- Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
- Powell says Bitcoin āreally a competitor for goldā
- Sam Altman suggests AGI overhyped, ātremendously sadā about Musk
- Googleās DeepMind shows Genie 2 to generate 3D content
- OpenAI announces 12-day āshipmasā season, Sora launch likely
- Global VC funding -13% MoM to $28B in Nov.
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of the few hallucinations):
1. Bitcoin crosses $100K as Trump picks Paul Atkins as next SEC chief
$104K was briefly touched by the worldās 1st cryptocurrency on late Wed.
$2.03T market cap.
+49% in BTC value since Trumpās election victory on Nov. 5.
Atkins ārecognizes that digital assets & other innovations are crucial,ā Trump said
Relatedly, Trump has nominated Vance aide Gail Slater as his top DOJ antitrust official
She carries deep tech policy experience, including work on big tech cases at the FTC.
Unclear whether she will be pro- or anti-M&A, given Vanceās mixed views.
