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.

Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund Intelligent Alpha’s investment committee is composed of three AIs, and the fund’s CEO tries to stay out of their way.

Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet Dogecoin has a history of moving on Musk comments or payments-related developments of his companies.

Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January, leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump.

How to Talk About Crypto With Your Family This Thanksgiving Need to explain BTC’s rally and significance for the future? CoinMarketCap’s Jonathan Isaac has some useful talking points.

CoinDesk 20 Performance Update: XRP Surges 19.6% As Index Climbs Higher

Polymarket Blocks French Users Amid Gambling Inquiry The new ban means French traders can no longer access the crypto powered prediction markets juggernaut.

First Mover Americas: Rotation to Altcoins Has Started With Gensler’s Exit Date Set The latest price moves in bitcoin (BTC) and crypto markets in context for November 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’ Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year The U.K.’s long awaited crypto rules are coming.

Cardano’s ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.

Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.

Solana’s SOL Surges to Record High Above $260

XRP Price Surges 25% as Headwinds for Ripple Clear Even More An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.