Donald Trump's incoming administration has plans to hand over most of the crypto industry's regulatory power to the Commodity Futures Trading Commission (CFTC). This is a direct move to strip the Securities and Exchange Commission (SEC) of its grip on the $3 trillion crypto market—a market that's been stuck in a regulatory disaster for years.
Bitwise Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) for a joint Bitcoin-Ethereum exchange-traded fund (ETF). If approved, the ETF will give investors exposure to the two largest cryptocurrencies without requiring them to hold the assets directly.
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The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.
More and more analysts bring up a potential altseason.
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A closely followed trader in the crypto space says there may be opportunities for select altcoins once Bitcoin (BTC) stabilizes. Pseudonymous analyst The Flow Horse tells his Telegram subscribers that the more liquid altcoins within the top 100 could present good entry points for bulls after their 50% dips.
Fairshake, a US Super PAC supporting the crypto industry, has already accumulated $103 million to spend on the 2026 midterms. In the 2024 election, Fairshake heavily invested in pro-crypto candidates from both parties.
Barclays analysts have issued a cautionary note regarding the current state of the cryptocurrency market, suggesting signs of a potential “bubble” after cryptocurrency prices surged to the point the space's total market capitalization is now at $3.2 trillion.
Telegram's total cryptocurrency holdings hit $1.3 billion in the first half of 2024, which was $400 million at the end of the year 2023. This growth was fueled by Toncoin sale and some other financial activities highlighted the company as one of the major players in the digital asset ecosystem.
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate. The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low.
Crypto.com has been announced as the title sponsor for the upcoming Crypto.com Showdown, a professional golf tournament featuring a prize purse paid entirely in cryptocurrency. The event, scheduled for Dec.
DC Fintech Week Founder and Georgetown University Professor Chris Brummer discusses Trump's pledge to make US a crypto epicenter. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
Crucible Capital General Partner Meltem Demirors says MicroStrategy is valuable because it is a leveraged play on Bitcoin. She also says she's keeping an eye on Schwab and Vanguard entering the crypto industry in an interview with Sonali Basak and Tim Stenovec on "Bloomberg Crypto.
A handful of cryptocurrency-linked exchange-traded funds that simply track Bitcoin have attracted billions in fresh demand since the election. Bloomberg's Emily Graffeo discusses the likeliness of more altcoin ETFs and demand for crypto products.
The partnership utilizes Google Cloud's “Confidential Space” virtual machine service to secure transactions and meet compliance standards.
The Crypto.com Showdown will be the first ever major golf tournament with a multimillion dollar purse to be paid in CRO cryptocurrency.
The FCA, a British financial authority, released statements and a roadmap for finalizing comprehensive crypto regulations by 2026. The FCA's operations in this sector will significantly increase in the first half of 2025.
The meme coin market experienced a tremor following Binance founder Changpeng Zhao's (CZ) public expression of concern regarding the current state of these tokens. CZ's tweet, characterizing the direction of meme coins as “weird,” appeared to spook investors, contributing to widespread declines in the sector.
Kraken has announced the shutdown of its NFT marketplace to redirect resources toward new initiatives.
Starting Nov. 27, Kraken's NFT marketplace will transition to withdrawal-only mode.
Binance's approach to meme coin listings is a crypto community conversation which is now joined by the former CEO Changpeng Zhao. CZ has voiced concerns about overemphasizing meme coins.
Stefano Pascale, Barclays equity derivatives strategy head, joins CNBC's 'The Exchange' to discuss market outlooks.
Centralized exchange Kraken will discontinue its NFT marketplace to allocate resources to upcoming projects. Users can no longer list, bid, or sell items after November 27, 2024.
Changpeng Zhao urges focus on real blockchain applications, moving away from meme coins. The post Changpeng Zhao urges focus on real blockchain apps over meme coin hype appeared first on Crypto Briefing.
American crypto trading platform Kraken has decided to shut down its Non-Fungible Token (NFT) marketplace. In a personal message circulating on X, the exchange informed some of its users holding NFT of the sunset plans.
Fairshake PAC, the crypto industry's political powerhouse, has built a war chest of over $103 million to sway the 2026 midterm elections. The figure, confirmed by Fox Business journalist Eleanor Terrett, includes new contributions from Ripple, Coinbase, a16z, and leftover funds from the previous election cycle.
U.S. Attorney Damian Williams, responsible for prosecuting Sam Bankman-Fried and other high-profile cases, announced his resignation on November 25. His departure sets the stage for a new leader in the Southern District of New York, with Edward Y. Kim set to take over. The post Damian Williams, U.S. Attorney Behind SBF Conviction, to Resign appeared first on Cryptonews.
Anthony Scaramucci opined on President-elect Donald Trump‘s successful election bid, analyzed the results and their implications for crypto policy. What Happened: In a recent episode of The Scoop podcast with Frank Chaparro, the former White House Communications Director pointed to Vice President Kamala Harris's loss as a consequence of economic concerns and unreliable polling, calling Trump's narrow win "the greatest political comeback in U.S. history.
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
CZ said he is not trying to end meme coins but is advocating for builders to create more real blockchain applications, not meaningless tokens.
Binance co-founder CZ condemns the wild turn in memecoin culture as creators push boundaries, calling for a return to real blockchain utility.
URO and RIF were heavily promoted DeSci tokens, which turned out to be a creation on Pump.fun. The Pump Science team claimed its wallet key pair was exposed through GitHub, allowing the attacker to generate a legitimate-looking URO token and perform a rug pull.
As November progresses, the cryptocurrency market is alive with potential. Bitcoin is nearing its historic high of $100,000, while Ethereum is showing signs of a major breakout.
Kraken's NFT marketplace will enter withdrawal-only mode on Nov. 27 and completely shut down on Feb. 27, 2025.
A widely followed analyst is suddenly turning bullish on the native token of the modular blockchain network. The analyst pseudonymously known as Pentoshi tells his 824,900 followers on the social media platform X that Celestia (TIA) may soar about 100% from its current value.
Blockaid, an on-chain security platform with partners including Coinbase, Stellar, and Metamask, has announced its integration with World App, the self-custody wallet of World Network. This integration aims to enhance security for World App users and developers.
Maelstrom CIO Arthur Hayes shares his thoughts on the U.S. election, quantitative easing, memecoins and Bitcoin ETFs.
A decentralized token creation platform, Pump.fun, has come under fire after a string of troubling incidents linked to its livestream feature. While designed to promote user engagement and bolster meme coin market value, the platform has faced accusations of enabling antisocial behaviors, including threats of violence and self-harm. Pump.fun's Livestream Phase and Rising Popularity Pump.
Donald Trump is reportedly drafting plans to create new roles for AI and Crypto Czars, sparking major interest in Washington. Key players like Elon Musk and Brad Garlinghouse may help craft policies to secure Americas edge in emerging technologies.
The tokenization of real-world assets is growing at a rapid pace with assets exceeding a combined value of $13 billion. Interest in Tokenized U.S. Treasury Market Heating Up The tokenized U.S. Treasury market has reached $2.5 billion in value, reflecting a rapid embrace of blockchain technologies for digitizing traditionally illiquid real-world assets (RWAs).
Justin Sun, the founder of Tron, recently announced a significant investment of $30 million in World Liberty Financial (WLFI), a crypto project supported by President-elect Donald Trump.
Crypto investors await key inflation data Wednesday as Fed meeting minutes could hint at a December rate cut.
The crypto exchange is delisting trading pairs for GFT, IRIS, KEY, OAX and REN by December.
Fees are killing Web3 — not because they're expensive (many blockchains and layer-2s boast fees as low as fractions of a cent), but because their very existence creates friction for users.
Morocco is drafting a law that could end the country's 2017 ban on crypto, creating a regulatory framework for digital assets. In parallel, the central bank is examining the potential for a CBDC to modernize Morocco's financial system, aligned with global digital currency efforts. The post Morocco Drafts Law to Lift Crypto Ban With New Regulatory Framework appeared first on Cryptonews.
Bitcoin faces resistance enroute to its $100,000 target, with a likelihood of consolidation. This has sparked a fresh interest in the altcoin market.