The ‘Trump Trade’ Crypto Narrative is Overblown Recent rises in bitcoin prices have led some to believe that Trump, should he win, will be great for the industry. But the reality may be more complicated, says Alex Tapscott.

Crypto Reverses Early Gains, Bitcoin Dives Back to $69K Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.

Florida CFO Jimmy Patronis ‘Would Not Be Shocked’ to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.

SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice Web3 gaming firm Immutable has been issued a Wells notice by the U.S. Securities and Exchange Commission, the company said in a statement on Friday.

Crypto Slumps Alongside Trump’s Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.

Trump’s Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales Donald Trump may not see a quick payday from his crypto business World Liberty Financial after initial WLFI token sales flopped.

Industry-Funded Polls Back Crypto Message: They Have Enough Voters to Make a Splash The latest crypto election poll illustrates — according to its industry sponsor — that single-issue crypto voters exist. That’s a point the industry has been seeking to score for months, and its potential ramifications in future Washington policy discussions could run deep.

Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.

Crypto for Advisors: Don’t Be Spooked By Crypto Instead of being scared by the nonstop nature of crypto markets, investors should see it as an exciting opportunity to grow their portfolios — especially with the help of a skilled crypto advisor who can guide you through the complexity.

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.

The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs In this week’s issue of The Protocol, our newsletter on blockchain tech, we’re covering the Optimism’s $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket’s (negligible) impact on Polygon’s bottom line.

FTX’s Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse Singh is the fourth FTX executive to be sentenced for his role in the fraud.

Making Crypto Tokens Useful and Fair Instead of parsing the Howey test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.

Exposing Andrew Tate’s Crypto Grift submitted by /u/throwaway490215

Crypto Trading Firm DWF Labs Fires a Partner After Drink-Spiking Allegations

Crypto Ghosted in U.S. Treasury Department’s New Strategy on Financial Inclusion The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury’s work on flagging the industry’s hazards.

Bitcoin Surges Above $71K as Wild Crypto Market Pump Sees $175M in Shorts Liquidated BTC added 5% in the past 24 hours, CoinGecko data shows, breaking out of a key $70,000 resistance with $48 billion in trading volumes, or nearly double the volumes from Monday.

US Crypto Regulation Needs a Hard Fork These simple modifications to the SEC’s current regulatory framework for crypto asset issuance, staking, custody and trading can foster greater innovation without relying on new acts of Congress, says Willkie’s Mike Selig.

Hong Kong SFC to Establish ‘Consultative Panel’ for Licensed Crypto Exchanges The SFC’s Eric Yip said the panel will include representatives from each licensed exchange.

Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork Initially, Kalshi’s feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.