Scott Bessent, Donald Trump’s Leading Treasury Secretary Hopeful, Is Pro-Bitcoin

President-elect Donald Trump’s potential pick for United States Treasury Secretary, Key Square Group founder and CEO Scott Bessent, has a long history of being pro-crypto, it has emerged this week. Polymarket bettors are predicting that Bessent has an 89 percent chance of landing the coveted position in Trump’s Cabinet.
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China’s Nano Labs Accepts Bitcoin Payments

Nano Labs, a Hangzhou-based integrated circuit design company, has begun accepting Bitcoin payments through Coinbase, enhancing transaction flexibility and aligning with the growing demand for cryptocurrency in the tech sector.
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Bitcoin Smashes Past Record $88,000 Milestone Just Days After Hitting $80,000 – Is “Altseason” Next?

Bitcoin soared near $88,000 on November 11, surging past its landmark March 2024 high of $73,000. Some experts credit the burgeoning value of Bitcoin to President-elect Donald Trump’s victory over Democratic nominee Kamala Harris in the 2024 U.S. presidential election, leaving many to wonder: will altcoins be next?
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Bitcoin Is Becoming a ‘Political Imperative’ After Trump’s Win: NYDIG

NYDIG highlights Bitcoin’s new peak and explores Trump’s growing influence on U.S. crypto policies. The report discusses potential Bitcoin reserves, leadership changes at key agencies, and a trend toward regulatory openness, including possible shifts in SEC actions against crypto firms.
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