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NEW YORK (Reuters) -Damian Williams, the top federal prosecutor in Manhattan who secured convictions of high-profile defendants including U.S. Senator Bob Menendez and crypto mogul Sam Bankman-Fried, announced on Monday that he will resign ahead of Donald Trump's return to the presidency. Williams, who was appointed to the post in 2021 by outgoing Democratic President Joe Biden, will step down on Dec. 13 ahead of the Republican Trump's Jan. 20 inauguration. Edward Kim, his current deputy, will succeed Williams on an acting basis as U.S. attorney for the Southern District of New York.

MicroStrategy (NASDAQ: MSTR) has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin (CRYPTO: BTC). The stock has soared alongside Bitcoin's gains this year, which have come with the broader bull market, the launch of spot Bitcoin exchange-traded funds (ETFs), and optimism that a new Trump administration will adopt crypto-friendly policies. As you can see from the chart below, both MicroStrategy and the cryptocurrency have surged this year.

As bitcoin tests $100,000, the flows into the ETFs gain momentum.

Institutional capital and strategic investments are driving Bitcoin's rally toward a historic milestone.

The Tesla billionaire and co-head of the Department of Government Efficiency says he wants workers in the office five days a week.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said MicroStrategy Incorporated (NASDAQ:MSTR) is a Bitcoin play and he prefers to actually own Bitcoin (CRYPTO: BTC). MicroStrategy announced it completed its previously announced offering of its 0% ...

(Bloomberg) -- A fund giving investors a way to turbocharge bets against Bitcoin notched its highest daily inflow in a sign that some investors consider the rally unleashed by Donald Trump’s election to the White House overdone.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5