Solana hits all-time high, SEC Chair Gary Gensler resigns, BTC's 'violent breakout'

The past 24 hours saw Bitcoin come within spitting distance of the $100K milestone, continuing one of the best Novembers on record while attracting short positions that may risk a "violent breakout." But don't be fooled: Bitcoin isn't the only thing worth your attention. United States SEC Chair Gary Gensler resigned ahead of President-elect Donald Trump taking office in January, and the SEC's broker-dealer rule was tossed by a US court. Also, the UK — not wanting to be left behind — promised a crypto regulatory framework by early next year. And finally, Solana hits new all-time highs in one of the greatest redemption arcs in crypto's history.Further reading:Bitcoin prints record 40% monthly candle as price crosses $99KBitcoin counts down to $100K BTC price as shorts risk 'violent breakout'SEC Chair Gary Gensler to step downSEC broker-dealer rule struck down by US courts, big win for cryptoUK to deliver comprehensive crypto regulation framework by early 2025Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.