In this episode of the Bankless podcast, the hosts dive into the cryptocurrency market's record highs, particularly Bitcoin's climb toward $100,000, driven by MicroStrategy's substantial Bitcoin acquisition and the introduction of Bitcoin ETF options. They also explore the unexpected rise of meme coins, Ether's lackluster performance, Gary Gensler's resignation from the SEC, and the speculation surrounding a pro-crypto Trump administration. The conversation examines the potential impacts of these developments on the future of crypto, including the idea of a US Bitcoin reserve and changes in the regulatory environment. Additionally, they discuss a notable California court case that classified a DAO as a general partnership, raising important questions about individual liability within DAOs.
