Polymarket CEO’s Home Is Raided by FBI
Shayne Coplan’s prediction market saw enormous activity leading up to the U.S. presidential election.Source
The Protocol: Reinvent Ethererum, and Just Don’t Break Bitcoin
In founding editor Bradley Keoun’s last issue of The Protocol, CoinDesk’s weekly newsletter devoted to blockchain technology, we’re covering Trump’s DOGE whistle and the slew of announcements from the big Ethereum conference Devcon in Bangkok.Source
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.Source
Blockchain Analyzer ‘Bubblemaps’ Adds AI to Help Identify Insider-Controlled Tokens
The app’s new update seeks to boost transparency in the market by exposing token ownership patterns that may indicate centralization or manipulation.Source
Senior Federal Reserve Official Who Blasted Bitcoin Now Says He’ll Have an Open Mind
Minneapolis Federal Reserve President Neel Kashkari, who previously called the cryptocurrency industry “worthless” and “nonsense,” still isn’t an uber-bull, though.Source
Bitcoin Surges to New Record Over $93K as Strong U.S. Demand Crushes Resistance Level
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.Source
U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won’t Shake Her
U.S. Senator Elizabeth Warren has long been held up as the crypto industry’s chief opponent in Congress, and she’s now ascending to the role as the top Democrat in the Senate Banking Committee, where she’ll be heard from on the digital assets legislation that likely needs a sign-off from that panel.Source
Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.Source
Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets
Crypto prices continue melting upwards since Donald Trump’s election victory as investors reprice digital assets in anticipation of a friendlier government.Source
Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.Source