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.Source

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.Source

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.Source

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.Source

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.Source

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.Source

Polymarket Blocks French Traders Amid Gambling Inquiry

The new ban means French traders can no longer access the crypto powered prediction markets juggernaut.Source

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

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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.Source

UK to Draft a Regulatory Framework for Crypto, Stablecoins Early Next Year

The U.K.’s long awaited crypto rules are starting the legislative process just as the European Union’s take effect.Source