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