The Daily: Silk Road bitcoin wallets wake up, SEC Chair Atkins signals quick action on crypto priorities, and more
Silk Road wallets moved bitcoin, SEC Chair Atkins outlined an aggressive 2026 crypto agenda, and a teachers union opposed Senate crypto legislation.Summary
Bitcoin ETF inflows turned positive, though analysts warn of potential volatility ahead of the Fed's rate decision. Key developments include dormant Silk Road wallets moving about $3.14 million in Bitcoin after a decade, with $41.3 million still held in linked addresses. Separately, incoming SEC Chair Paul Atkins signaled an aggressive crypto agenda for early 2026, focusing on an "innovation exemption" and clarifying token taxonomy, marking a shift from the previous enforcement-heavy approach. Meanwhile, the American Federation of Teachers urged the Senate to withdraw proposed crypto market structure legislation, citing risks to retirement portfolios. Other news included Strive launching a $500 million offering for BTC purchases and SpaceX moving another $94.5 million in Bitcoin amid reported 2026 IPO plans.
(Source：The Block)