Avalanche Blockchain’s Largest-Ever Upgrade Goes Live on Testnet Avalanche’s largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein’s knowledge to bring more traditional financial institutions to the network.

CoinDesk 20 Performance Update: XLM Surges 47.7% as Index Rises Over 100 Points CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3382.04, up 3.2% (+104.5) since 4 pm ET on Friday. Seventeen of 20 assets are trading higher. Leaders: XLM (+47.7%) and DOT (+37.1%). Laggards: SOL (-2.3%) and BTC (-1.8%). The …

Tornado of Administrative Overreach: Challenging Sanctions of Crypto Mixing Services Cryptocurrency transactions are often anonymous, but they’re not private. In fact, they’re quite public. Anyone with the right technical know-how can see every transaction ever made on most publicly accessible blockchains. This radical transparency and traceability has made it easier (contrary to popular belief) for law enforcement to track sto…

Bitcoin Options Worth $9B Expire Friday, Traders May be Thankful for the Post-Thanksgiving Volatility November’s expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin. Bitcoin’s max pain price is $78,000, significantly lower than the current spot price. The majority of the put open interest represent hedging activity and not outright downside bets: European Head of Research at Bitwise – Dragosch.

Michael Saylor’s MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC. MicroStrategy recently entered the top 100 U.S. publicly traded companies by market cap, briefly surpassing $100 billion valuation. The Nasdaq 100 Index begins its annual reranking this week, with results set to be announced on Dec…

First Mover Americas: Bitcoin Regains $98K After Weekend Slump Bitcoin returns to $98,000. Crypto futures saw $500 million in liquidations amid volatility. Brokers raise price targets for MicroStrategy.

MicroStrategy Is a Bitcoin Magnet Pulling in the Earth’s Capital Reserves: Bernstein Bernstein raised its MicroStrategy price target to $600 from $290. Broker Canaccord also increased its price target for the software company, to $510 from $300. The shares rose over 6% in early trading Monday.

Crypto Gets Shock Video Dose as Users Stream ‘NSFW’ Content to Pump Their Memecoins Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value. Despite the platform’s moderation efforts, some of this content surface…

Pinili ni Trump ang Pro-Crypto Hedge Fund Manager na si Scott Bessent para sa Treasury Secretary Pinangalanan ni US President-elect Donald Trump ang hedge fund manager na si Scott Bessent, isang Cryptocurrency enthusiast, bilang kanyang pinili para sa Treasury Secretary. Kung kinumpirma siya ng Senado, ang susunod na tao na ang pirma ay nagpapalamuti sa US paper currency ay magiging fan ng digital currency ecosystem na itinakda upang palita…

Trump escolhe o gestor de fundos de hedge pró-criptomoedas Scott Bessent para secretário do Tesouro O presidente eleito dos EUA, Donald Trump, nomeou o gestor de fundos de hedge Scott Bessent, um entusiasta de Criptomoeda , como sua escolha para Secretário do Tesouro. Se o Senado o confirmar, a próxima pessoa cuja assinatura adornar a moeda de papel dos EUA será um fã do ecossistema de moeda digital criado para substituir o sistema financeiro …

Trump elige al gestor de fondos de cobertura Scott Bessent como secretario del Tesoro El presidente electo de Estados Unidos, Donald Trump nombró al gestor de fondos de cobertura Scott Bessent, un entusiasta de las criptodivisas, como su candidato a secretario del Tesoro. Si el Senado lo confirma, la próxima persona cuya firma adorne el papel moneda estadounidense será un fanático del ecosistema de la moneda digital creado para s…

Bitcoin May Be More Vulnerable to Negative News Near $100K, Data Suggests BTC’s order book shows executed bullish flow isn’t being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally.

XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations Bitcoin experienced a significant drop from $98,500 to $95,500 on Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures. Despite the pullback, market sentiment remains optimistic, with analysts still holding a view of bitcoin reach…

Axie Infinity Creator Cuts 21% of Staff Despite Year of ‘Valuable Growth’ Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

Tether in Talks to Support Cantor Fitzgerald’s Planned Bitcoin Lending Program: WSJ Tether may take part in Cantor’s multi-billion dollar bitcoin financing program. The latter already owns a 5% stake in Tether and custodies its U.S. Treasuries.

Koreans Go Full Monty on DOGE, XRP, XLM After Trump’s Win; Now Look to SAND Token DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump’s election victory. The latest activity points to a pivot toward metaverse tokens.

Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.

Trump Reportedly Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.

Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain Phantom, a crypto wallet with a steeper learning curve, is way ahead of exchange giant Coinbase in the Apple App Store rankings.