The Protocol: Bitcoin Gets a DEX, Union Labs Gets $12M Also: Justin Drake on Ethereum’s Beam Chain … and Solana

Ether Rises 8% Amid Slumping Bitcoin Dominance Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.

Binance’s BNB Hits Fresh Record, Breaks Out of 3-Year Range as Altcoin Rotation Accelerates Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump’s election victory promises a friendlier U.S. regulatory environment toward digital assets.

Why Corporates Will Default to Public Chains in the Future Businesses used to prefer private chains. Here’s why the shift will happen, according to EY’s Paul Brody.

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

Ethereum’s Justin Drake Sees No Threat From Solana, Says Its ‘Golden Era’ Will End Ethereum’s Beam Chain “is all about improving the long-term health and security of the consensus layer,” says Drake. “Solana has no consideration for health.”

‘Hawk Tuah’ Sensation Haliey Welch’s HAWK Token Goes Live A private token sale was done at a $34.5 million valuation.

Congress’ Most Prolific Crypto Trader Is a Georgia Trucking Operator Representative Mike Collins has been dabbling in memecoin Ski Mask Dog, buying some this week and revealing that the memecoin draw extends even to Congress.

U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.

Trump Names Former SEC Commissioner Paul Atkins as His Pick for Chair of the Agency President-elect Donald Trump announced he would nominate Paul Atkins, a former SEC commissioner and current CEO of Patomak Global Partners, to run the SEC.

Putin Says No One Will Be Able to Ban Cryptocurrencies: State Media The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.

Botanix Labs’ Mission to Bring Bitcoin to Defi Moves to Final Testnet Phase The Aragog testnet as it is known, introduces a set of tools that will form the basis for the mainnet’s DeFi offering.

Crypto Options: A Key Tool for Institutions Navigating Volatility and Yield The maturing crypto options market is aiding investors in implementing customized strategies for hedging, leverage, and yield generation while enhancing market sentiment analysis, says Dennis Ehlert.

MSTR vs. BTC After the election, bitcoin’s price soared to nearly $100,000, causing MicroStrategy’s stock to also rise to over $500 before recently experiencing a significant drop due to short selling concerns, prompting an investigation into potential market opportunities between owning MSTR and BTC, says Glenn Rosenberg.

CoinDesk 20 Performance Update: DOT Gains 17.3% as Index Climbs Higher Filecoin joined Polkadot as a top performer, gaining 16.3% from Tuesday.

Recent Inflows Into Spot Bitcoin ETFs Could Be Purely Directional Plays: Van Straten Since Nov. 20, ETFs have seen over $3 billion in net inflows while open interest on the CME exchange has declined.

One Year of Javier Milei: Why Argentinian Crypto Folks Can’t Get Enough of Him Javier Milei isn’t a crypto president, but his fight against inflation has made him a darling of the Argentinian digital asset sector.

Foundry Lays Off 16% of U.S. Employees as It Focuses on Core Business A spokesperson said the decision stems from a move to focus on operating its bitcoin mining pool.

DeFi Carry Trade Takes Root and Dino Coins Reemerge: Crypto Daybook Americas Your day-ahead look for Dec. 4, 2024

GraFun Expands to TON Network to Enable Memecoin Creation Right in Telegram GraFun Expands to TON Network to Enable Memecoin Creation Right in Telegram