BTC recently pulled back to $87K amid significant ETF outflows, marking the third-highest withdrawal since their introduction. Meanwhile, Bitcoin miners have moved $4 billion worth of BTC since November 12. Several political developments are unfolding, including Trump proposing a 0% capital gains tax on crypto and Lummis suggesting selling gold to acquire BTC. In Pennsylvania, a bill to reserve BTC has been introduced. Additionally, Bhutan reportedly sold $100 million in BTC over the past month, and 18 U.S. states, along with the DeFi Lobby, are suing the SEC over crypto regulations. Gensler is defending his stance on crypto amidst rumors of his exit, and XRP is experiencing a 16-month high correlated with these speculations. Tether has launched a platform aimed at simplifying the tokenization process. Lastly, Satoshi's BTC holdings are estimated at $100 billion, while Bitwise has filed to list a crypto index ETP, and a hacker from Bitfinex has received a five-year prison sentence.

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