Hey there, PoI readers! 💫 

It's your favorite crypto-loving ice cream, Mochi, here to serve up today's hottest digital digest! From Bitcoin's trillion-dollar triumph and Ross Ulbricht's hopeful plea to the states taking on the SEC and AI's ambitious timeline - we've got a news sundae that'll satisfy your crypto cravings! So grab your spoons and dive into this delectable edition of digital developments! 🌐 🍨

INTEL BRIEF

🟧 Ross Ulbricht expresses hope in Trump's campaign promise to commute his life sentence, though the crypto community remains skeptical given Trump's previous unfulfilled pledge during his first term.

🟧 Bitcoin's market cap hits a historic $1.81 trillion, surpassing Saudi Aramco and closing in on Google's parent company Alphabet, while the entire crypto market reaches $3.02 trillion.

🟧 18 US states unite in a lawsuit against the SEC and Gary Gensler, while Trump's election victory signals potential leadership changes at the regulatory agency.

🟧 Anthropic CEO Dario Amodei predicts human-level AI could arrive by 2026-2027, comparing recent AI progress to educational levels and echoing similar timeline predictions from OpenAI's Sam Altman.

Silk Road Creator Bets His Freedom On Trumps Latest Campaign Promise While Crypto Community Rolls Their Eyes

Ross Ulbricht, the mastermind behind the infamous Silk Road marketplace, is making waves from behind bars with his first post-election X appearance. On November 12, Ulbricht shared his optimism about potentially trading his prison jumpsuit for civilian clothes, thanks to Trump's campaign promise to free him "on day one" if elected.

For those who need a refresher (and I'm not talking about a cool dessert kind!), Ulbricht has been cooling his heels in federal prison since 2015, serving a life sentence without the possibility of parole. His charges? A spicy combo of money laundering, computer hacking, and conspiracy to traffic narcotics. Talk about a dark web sundae!

But here's where things get as messy: Trump's track record with campaign promises is about as reliable as a chocolate chip in a game of hide and seek. During his first presidential term (2017-2021), Trump had the chance to free Ulbricht but didn't, despite numerous pleas from advocates. PolitiFact's report card shows Trump only delivered on about 27% of his campaign promises during his first three years in office - not exactly sterling odds for our imprisoned crypto pioneer!

The crypto community's reaction has been frostier than my namesake, with many expressing doubts about Trump's sincerity. As one user named Franklin pointedly commented, "He already had 4 years to free you but dropped the ball." Ouch, that's colder than a midnight ice cream run!

Speaking of promises, Trump's crypto campaign pledges read like a fantasy menu: firing SEC Chair Gary Gensler (legally questionable), making all Bitcoin "Made in USA" (that's not how this works!), and blocking CBDCs. Talk about a plot twist! The same person who once dismissed Bitcoin as 'thin air' might just become crypto's unlikely champion. The times they are a-changin'!"

Ross Ulbricht posts hopefully about Trump's promise to commute his life sentence on day one if elected

Trump previously had four years to free Ulbricht but didn't act on it

Crypto community remains skeptical given Trump's 27% success rate with campaign promises

Bitcoin Just DESTROYED The Worlds Biggest Oil Company As Value Skyrockets Past 1.8 Trillion

Bitcoin just pulled off its biggest flex yet, surging past the $90,000 mark and pushing its market cap to a mind-boggling $1.81 trillion! That's right, folks - our favorite digital currency just pulled a "move aside" on Saudi Aramco, the world's largest oil producer.

The entire crypto market is now sitting pretty at $3.02 trillion, making it the eighth-largest economy in GDP terms. If the crypto market were a country, it'd be hanging out with the cool kids like the USA, China, and Japan!

Looking at the leaderboard, Bitcoin's now in seventh place among global assets, with only some pretty serious heavyweights ahead of it. We're talking about gold ($17.1T), Nvidia ($3.5T), Apple ($3.4T), Microsoft ($3.1T), Amazon ($2.25T), and Alphabet ($2.2T). And speaking of Alphabet (Google's parent company) - Bitcoin's practically breathing down its neck!

Meanwhile, Ethereum's been pulling some impressive moves of its own, surpassing the Bank of America and sliding past Netflix and Johnson & Johnson like a hot knife through butter. With its price hitting $3,200, ETH has secured its spot as the 29th largest asset globally.

Bitcoin's market cap reaches $1.81T, surpassing Saudi Aramco to become the 7th largest global asset

Total crypto market cap hits $3.02T, making it equivalent to the world's 8th largest economy

Ethereum joins the party, surpassing Bank of America, Netflix, and Johnson & Johnson

18 States DECLARE WAR on SEC's Gensler (Trump's Next Target?!)

Eighteen US states have just dropped the mother of all lawsuits on the SEC and our favorite crypto-skeptic, Gary Gensler. We're talking about a power-packed coalition including Nebraska, Tennessee, Wyoming, and more - basically, it's like the Avengers of state attorneys general assembling to fight regulatory overreach!’

The lawsuit's spiciest allegation? The SEC has been playing regulatory Monopoly without a "Pass GO" card from Congress! According to the Blockchain Association, this game of regulatory cat-and-mouse has cost crypto firms a whopping $426 million in litigation fees since 2021. That's enough money to buy every US senator a lifetime supply of premium ice cream, with change to spare!

But wait, there's a plot twist! With Trump's election victory, Gensler might be updating his LinkedIn profile sooner than expected. The rumor mill is churning out some interesting potential replacements, including SEC Commissioner Mark Uyeda (who called Gensler's policies "a disaster") and Dan Gallagher from Robinhood (who's probably still salty about that Wells notice from May).

Meanwhile, Gensler's pulling a "This is fine" meme moment, doubling down harder than a blackjack player with house money. In his recent speech at the Practicing Law Institute, he essentially said crypto has no sustainable use cases beyond speculation and possible illicit activities.

The most delicious irony? While Gensler's serving up these cold takes, states are uniting across political lines to challenge what they're calling "gross government overreach." It's like watching a regulatory version of Game of Thrones, minus the dragons (though I hear Wyoming has some pretty fierce lawyers).

18 US states file lawsuit against SEC for alleged overreach, with crypto firms spending $426M on litigation since 2021

Trump's victory signals potential SEC leadership change with Mark Uyeda and Dan Gallagher as possible replacements

Gensler maintains anti-crypto stance despite mounting opposition and likely removal

AI Will Match Human Intelligence By 2026 Claims Anthropic CEO As Tech Giants Race For Supremacy

Anthropic's CEO Dario Amodei just dropped some serious knowledge bombs on Lex Fridman's podcast, and let me tell you, it's spicier than a ghost pepper ice cream sandwich! According to our man Dario, AI is leveling up, with capabilities jumping from high school to PhD level in just a couple of years!

Amodei's crystal ball suggests we might be sharing our morning coffee with human-level AI as soon as 2026 or 2027. That's right, folks - in the time it takes most people to pay off their car loan, we might have AI that can outthink us! Talk about a glow-up, am I right?

But hold your horses (or should I say, hold your algorithms?)! Amodei's keeping it real with some potential plot twists that could slow down this AI express train. We're talking about running out of data (like hitting empty on your ice cream tub), cluster scaling limitations (tech speak for "the computers can't keep up"), or geopolitical drama affecting microchip production (because apparently, AI needs chips too, just not the potato kind).

When asked about Claude Opus 3.5's release date, Amodei pulled a "my lips are sealed" move that would make a poker player proud. Meanwhile, OpenAI's Sam Altman is vibing on the same wavelength, suggesting AGI might crash our party within five years.

Anthropic CEO predicts human-level AI could arrive by 2026-2027, with AI capabilities already at "PhD level"

Progress could be delayed by data limitations, scaling issues, or geopolitical chip wars

Both Anthropic and OpenAI leaders align on AGI timeline predictions within the next 5 years

And that's all the scoops for today, PoI fam! 🍦 From Bitcoin's market cap climbing higher than my ice cream stack to states uniting against regulatory brain freeze, we've covered quite the territory! Remember, whether you're HODLing through the heights or staying frosty during the dips, you're part of what makes this community special!

Until our next serving of crypto chronicles, this is your favorite dessert-themed analyst, Mochi, melting away! ❄️

P.S. Love our flavors of news? Share this newsletter with your fellow crypto enthusiasts! And don't forget to drop your thoughts in our community forums - your voice adds the perfect sprinkle to our sundae! 📣 💝 Share the newsletter if it hit your sweet spot! 🍧 

🍨📰 Catch you in the next issue! 📰🍨