It’s that time of year again when we gather around the fire to toast the season and burn effigies of Gary Gensler, and to consider everything for which we are grateful. And there’s been a huge amount to be grateful for this year, some expected, some hoped for, and some a complete surprise.
The year started with the best news possible—a Bitcoin ETF (well, eleven, to be exact)—with the added bonus that it came on Gary Gensler’s watch; the man who hates Bitcoin with a passion will now be remembered as the Securities and Exchange Commission (SEC) head who allowed Bitcoin to break through that glass ceiling of glass ceilings. This led to inflows that trounced gold, putting an end to arguments over its place as a legitimate asset.
An Ethereum ETF followed later in the year, at point Vitalik Buterin no doubt celebrated by buying another Unicorn jumper, which also saw the SEC end its investigation into ETH as a security.
MtGox creditors had reason to cheer this year as they finally began to see payouts in the same year that the exchange marked ten years since its collapse, with FTX creditors in line to get theirs much quicker.
The year ended with Bitcoin crossing $100,000 for the first time, pro-crypto candidate Donald Trump winning the presidency, and Gary Gensler announcing he would step aside as a result.
And with all that good cheer bubbling inside us, FullyCrypto says…
🎅🎄MERRY CHRISTMAS!🎄🎅
