Trump meets Crypto.com CEO, firm drops SEC lawsuit the same day

Bitcoin finally took a breather after a rocket-fueled weekend and early week, falling back a few percent. Still, one fascinating story that emerged was that US Bitcoin ETFs flipped US gold ETFs by assets under management. Elsewhere, President-elect Donald Trump met with the Crypto.com CEO and the exchange dropped its lawsuit against the SEC on the same day. Then, Pudgy Penguins launched its token, which encountered heavy volatility alongside the NFT collection's floor price, but the short-term numbers did not tell the full story.Further reading:Bitcoin ETFs flip gold funds in AUM: K33 ResearchTrump meets with Crypto.com CEO as firm drops SEC lawsuitCommunity slams Coinbase for linking WBTC delisting to Justin SunPudgy Penguins’ PENGU token down more than 50% after launchRise’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.