Bitcoin tops $100K, Trump picks crypto ally
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 5 December 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers Thursday: Crypto stocks, AEO, and more
Meta to build $10B AI data center in Louisiana, to work with Entergy for energy needs
Vodafone UK - Three UK merger gets an all-clear, with conditions from CMA
Hershey suitors have been rebuffed, hard to buy chocolate maker - analyst
Teamsters union files charges against Costco, alleging unfair labour practices
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Thursday, December 5th. I'm Julie Morgan. Have you checked out the price of Bitcoin? |
| 0:15.0 | Shell and Equinore combine assets, and some DC residents say Amazon is charging them for something they aren't getting. |
| 0:24.1 | Bitcoin has finally managed to cross the $100,000 milestone mark as the cryptocurrency continues |
| 0:30.0 | to see a meteoric rise after Donald Trump's win. The world's oldest cryptocurrency has risen |
| 0:35.7 | 45% since Election Day. |
| 0:38.4 | At last check, Bitcoin is trading 6.5% higher at $103,189. |
| 0:45.2 | The crypto rally was further fueled by the nomination of cryptocurrency advocate Paul Atkins |
| 0:50.7 | to chair the Securities and Exchange Commission. |
| 0:53.7 | The president-elect wrote on Truth Social that |
| 0:56.4 | Atkins believes in the promise of robust, innovative capital markets that are responsive to the |
| 1:02.1 | needs of investors and that provide capital to make our economy the best in the world. He went on |
| 1:07.8 | to say that Atkins also recognizes that digital assets and other innovations |
| 1:12.7 | are crucial to making America greater than ever before. Atkins will replace Gary Gensler, |
| 1:19.1 | who has been leading the U.S. government's crackdown on the crypto industry during the Biden regime. |
| 1:24.5 | Gensler announced last month that he would be stepping down from his post on the day |
| 1:28.7 | that Trump is inaugurated, January 20th of 2025. Oil giant Shell and Norway's state-run energy firm |
| 1:37.3 | Equinnor will combine their UK offshore oil and gas assets to form a new company that will be the |
| 1:43.5 | UK's largest independent oil and gas producer. The 50 new company that will be the UK's largest independent oil and |
| 1:45.8 | gas producer. The 50-50 joint venture is aimed as sustaining domestic oil and gas production |
| 1:52.2 | and security of energy supply in the UK, at a time when the UK North Sea Basin is maturing |
| 1:58.1 | and production is naturally declining. A range of exploration licenses will also |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

