Politics
Trump Appoints Crypto Advocate Scott Bessent as Treasury Secretary
Donald Trump has selected cryptocurrency enthusiast Scott Bessent as his nominee for Treasury Secretary, pending Senate confirmation.
Policy
SEC Faces Shift as Another Democrat Resigns, Leaving Republicans in Charge
Jaime Lizárraga's resignation from the SEC hints at a potential shift in the Commission's policies towards digital assets as chair Gary Gensler prepares to exit.
Market News
Dogecoin Soars After Elon Musk's Hint about Payment Features on X
Speculation around Elon Musk's recent tweet raises expectations for Dogecoin-related payment features on the social media platform X.
Crypto
AI-Driven Investment Fund Predicts Bitcoin Could Reach $140K
Intelligent Alpha's AI management forecasts an optimistic future for Bitcoin based on market conditions.
Business
Phantom Wallet Surpasses Coinbase as Memecoin Trading Popularizes On-Chain
Phantom, a decentralized crypto wallet, has outpaced Coinbase in the Apple App Store, reflecting traders' shift towards high-risk memecoins.
Policy
Polymarket Restricts Access for French Users Amid Legal Scrutiny
Investigation into Polymarket highlights legal issues in France as the prediction market blocks access to French traders.
Market Analysis
CoinDesk 20 Index Sees Significant Gains with XRP Leading the Charge
The CoinDesk 20 Index has experienced a notable increase, with XRP jumping 19.6% and Stellar following closely with an 18.9% rise.
Finance
Shift to Altcoins Begins as Gensler's Departure Approaches
Significant price movements in the crypto markets are observed as Gary Gensler prepares to exit his role at the SEC.
Policy
UK to Create New Regulations for Cryptocurrency and Stablecoins Soon
The U.K. is set to introduce a regulatory framework for the crypto industry early next year amidst evolving regulations in the European Union.
Policy
Binance Expands Compliance Team by 34% Amid Industry Evolution
Binance undertakes a major overhaul of its compliance department, expecting to increase its full-time compliance staff significantly by the end of the year.
Market News
Cardano's ADA Achieves a 2.5-Year Peak at 90 Cents with Whale Holdings Surpassing $12B
Cardano's ADA cryptocurrency reaches its highest price since May 2022 as large investors rally behind it.
Crypto
Bitcoin Approaches $100K Amid Record Crypto Market Valuation
Bitcoin is nearing the $100,000 mark, with the overall cryptocurrency market cap reaching an all-time high of $3.4 trillion fueled by strong demand and investor optimism.
Crypto
XRP Spikes 25% as Regulatory Climate Shifts Favorably
XRP experiences a notable surge in price amidst positive regulatory developments for crypto in the U.S.
Crypto
Solana's Token Hits New Heights Over $260 Amid Strong Market Activity
Solana's SOL token sees significant gains driven by meme coin trends and increasing decentralized finance (DeFi) usage.
Investment
Bitwise Enters Competition for Solana ETF Amid Regulatory Changes
Bitwise has become the latest firm to pursue a Solana exchange-traded fund (ETF) as the regulatory landscape shifts with Donald Trump's anticipated return to power.
Finance
MicroStrategy Sees 16% Drop Despite Bitcoin Surge Amid Valuation Concerns
MicroStrategy's stock declines significantly even as Bitcoin nearly hits $100,000, raising valuation questions.
Crypto
Charles Schwab to Directly Offer Cryptocurrency Services to Clients, Says Incoming CEO
Rick Wurster, the incoming CEO of Charles Schwab, indicates the bank's imminent plans to offer direct cryptocurrency investments to its clients, pending regulatory changes.
Finance
Media's Obsession with Crypto's Negatives Hides Significant Innovations
The media's focus on the least reputable aspects of cryptocurrency obscures genuine advancements in the sector, particularly in stablecoins, DePIN, and DeFi.
Blockchain
Ethereum's Proposal for Transformative Blockchain Overhaul
Leading teams in Ethereum's layer-2 networks react positively to a new proposal intended to enhance blockchain efficiency without making existing layers obsolete.
Policy
U.S. SEC Struggles After Court Ruling Reverses Crypto Dealer Rule
A federal court in Texas has mandated the Securities and Exchange Commission to repeal its newly defined dealer rule that impacted cryptocurrency firms.
