RECENTLY: President-elect Trump appointed Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency (DOGE), sparking a surge in Dogecoin prices with traders eyeing a $1 target.
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RECENTLY: Huma Finance announced its expansion to Solana to enhance its "PayFi" trade financing solution, aiming for $10 billion in transaction volume next year.
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ANALYSIS: Bitcoin's market capitalization has surged to about $1.74 trillion, surpassing the combined value of Walmart, Netflix, Coca-Cola, Pepsi, and McDonald's, marking a new all-time high.
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ANALYSIS: Binance recorded $7.159 billion in weekly inflows, driven by Bitcoin's surge and growing global interest in digital assets, with reserves reaching a record $137 billion.
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RECENTLY: Apple Studios and A24 announced a film adaptation of Going Infinite on FTX founder Sam Bankman-Fried, with Lena Dunham writing the screenplay.
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OPINION: CZ predicts more nations will adopt Bitcoin as reserves, as Bhutan’s holdings now exceed $1 billion.
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JUST IN: Animoca Brands raised $10 million to expand its Mocaverse network, with backing from OKX Ventures and other key investors.
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JUST IN: Libeara and FundBridge launched a tokenized US Treasury bill fund on Avalanche for on-chain access and transactions.
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RECENTLY: The Central Bank Group BIS has appointed Pablo Hernández de Cos as the next General Manager, succeeding Agustín Carstens in July 2024, after advocating for a digital euro and global crypto banking rules, with François Villeroy de Galhau continuing as BIS chair.
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JUST IN: Bitwise will launch the world’s first Aptos Staking ETP on the SIX Swiss Exchange on November 19, 2024, offering exposure to Aptos with a 4.7% return.
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RECENTLY: According to Whale Alert, a dormant Bitcoin address holding 67 BTC has been reactivated after 11 years, showing a 26,147% gain, now worth $5.5 million.
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JUST IN: According to Arkham Intelligence, Tesla's Bitcoin holdings have surpassed $1 billion again, reaching unrealized profit as Bitcoin hits record highs.
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RECENTLY: A crypto user lost $25 million due to a wallet mistake on Renzo’s platform, offering a $2.5 million reward for help in recovering the funds.
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RECENTLY: Former Alameda Co-CEO Sam Trabucco agreed to forfeit $70 million, two apartments, and a yacht to FTX creditors, per a recent filing.
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ANALYSIS: Data shows most memecoins listed on Binance in 2024 saw sharp price increases, with Neiro (NEIRO) jumping 7,600%.
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OPINION: Arthur Hayes predicts Bitcoin could hit $1 million due to a multi-trillion dollar money printing spree and dollar debasement under Trump’s administration.
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RECENTLY: Kaiko announced the acquisition of Vinter to lead the crypto indexing and analytics markets in the US and Europe, serving asset management and sell-side participants.
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ANALYSIS: Binance ranked second to Coinbase in CCData’s November Benchmark for spot trading with an AA rating, while maintaining the top position in derivatives trading.
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ANALYSIS: Moonshot app hit a record $130,000 in daily revenue amid a crypto rally and new Binance listings of PNUT and ACT, DeFiLlama reported.
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RECENTLY: Coinbase announced the COIN50 Index, tracking the top 50 cryptocurrencies by market cap as a crypto-market benchmark similar to the S&P 500.
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RECENTLY: Nomura’s panel highlighted that Bitcoin faces significant regulatory, operational, and supply obstacles to becoming a reserve asset.
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JUST IN: Canary Capital has filed for an HBAR ETF, expanding its spot ETF applications, which include Litecoin, XRP, and Solana.
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JUST IN: Notabene raised $14.5 million in Series B funding to help crypto firms comply with AML rules, with 165 companies using its platform.
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JUST IN: Genius Group has adopted Bitcoin as its primary treasury asset, committing 90% of reserves, causing a 50% spike in shares.
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ANALYSIS: Onramp Bitcoin co-founder Jesse Myers stated that Bitcoin's recent price rally is driven by the post-halving market, not Donald Trump's re-election.
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RECENTLY: Sam Altman, CEO of OpenAI, stated, “I am feeling good about a bright future for cryptocurrency,” and praised Worldcoin co-founder Alex Blania for his vision and leadership.
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JUST IN: Ethereum researcher Justin Drake introduces "Beam Chain," a redesigned consensus layer with zero-knowledge proof support and faster finality.
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OPINION: a16z Crypto believes relaxed regulations after Trump’s re-election will boost blockchain innovation and provide clearer guidance for founders.
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OPINION: Economist Lawrence Lepard claims Bitcoin could limit government funding, hinder war efforts, and protect investors from a potential US dollar collapse.
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RECENTLY: Dogecoin has surpassed Ripple, now ranking as the 6th largest cryptocurrency by market cap.
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