Blockchain data shows high-rolling meme coin investors are shifting funds to Flockerz ($FLOCK), a new bird-themed vote-to-earn (V2E) meme ICO that hopes to usher in a new, more democratic meme coin community than any we've seen. In just the first few weeks the project has already raised $1.25 million in investments with more snowballing week-on-week.

Depending on which political party controls the House and Senate, FIT21 and other crypto-related legislation may not be priorities.

Terra Shuttle Bridge has now been closed, and all remaining LUNC and USTC tokens have been burned in finalizing the shutdown.

After a long history of rejecting the technology, Pakistan is now moving to legalize cryptocurrency and the blockchain. In 2023, Pakistan was one of the many countries with a hardline policy on crypto use and blockchain technology.

Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing.

Payments acceptance provider Ingenico has launched a partnership with Crypto.com. The new collaboration will bring cryptocurrency payments and merchant services to users of the Ingenico platform, the two companies announced Tuesday (Nov. 5), letting merchants around the world accept crypto payments.

Gemini co-founder Cameron Winklevoss criticized the Biden/Harris administration for its impact on the crypto industry's legal costs, implying a vote for Trump may be beneficial for the sector. What Happened: Winklevoss expressed his concerns about the rising legal costs faced by the crypto industry under the current administration, warning they could could escalate to billions if Harris is re-elected, while a Trump victory could reduce them to zero.

The worst-performing altcoins have fallen to the bottom of the chart by a considerable margin.

Richard Teng from Binance highlights how Asia's fintech sector is growing but remains challenged by Western influence at the Singapore Insights Forum. Teng underscores Asia's fragmented landscape, noting stablecoin traction and calls for fair competition amid Western advantages in regulation and capital access. The post Binance CEO: Despite Asia's Fintech Surge, West's Unequal Influence Prevails appeared first on Cryptonews.

Meme coins exhibit bullish momentum in the light of the US election. MOG Coin is the top gainer of the day, gaining over 9%.

Last month, Animoca Brands emerged as the top investor in crypto fundraising. The total funds raised in the crypto space hit a 2-year-high in October 2024.

Risk of flight to non-EU operators to avoid high taxation

Binance has committed $3 million to help the Spanish Red Cross with disaster relief following devastating flooding in Valencia.

Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong's statements.

As blockchain technology gains traction in traditional finance, Anthony Rousseau, TradeStation's vice president and head of brokerage solutions, shared his thoughts on the complexities of merging these systems. In a pre-event interview for the upcoming Benzinga Future of Digital Assets conference, Rousseau detailed the careful process of integrating blockchain within long-established financial structures.

Bybit's regulatory compliance momentum continues with VASP registration in Georgia.

SEC's Hester Peirce, dubbed Crypto Mom, emerges as Trump's potential SEC chair pick over Gensler, sparking crypto regulation debates. The post SEC's Crypto Mom emerges as favorite to replace Gensler under Trump appeared first on Crypto Briefing.

Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission's (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao's legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security.

The market capitalizations of Daos.fun's major memefunds, including ai16z and Norm Capital, have plunged by over 80% in the past week.

This unprecedented support has raised the industry's influence, with donations funneled to pro-crypto super PACs and key political figures.

It is Election Day in the U.S. At some point in the coming hours, days and weeks, we'll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.

After enjoying a mini price run in the last week of October, Bitcoin's price has corrected below $68k to start the first week of November. While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly altcoins.

The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing. What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several political action committees (PACs) regarding the potential forfeiture of these funds.

Binance's legal team filed a motion to dismiss the SEC's amended complaint. Previous court rulings support that crypto assets are not inherently securities.

Crypto scammers in India fabricated a BBC article, falsely claiming Anant Ambani endorsed a fraudulent crypto platform, exploiting lookalike websites and fake endorsements.

The US Presidential election is anticipated to have a substantial impact on global markets, with the cryptocurrency sector standing as no exception. Traders, analysts, and crypto enthusiasts worldwide closely monitor the US, where shifting attitudes toward digital assets make a difference.

In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics' latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S.

Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.

While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.

Binance CEO Richard Teng stated that Western companies will benefit most due to regulatory influence.

Over the past few days, Theoriq launched the Prediction Collective, a suite of AI agents designed to forecast outcomes on everything from market trends and political elections to sports events.

Justin Sun, the founder of Tron, and Andre Cronje, co-founder of Sonic Labs, have recently challenged Coinbase's claims regarding listing fees.

Bybit has been granted a virtual assets service provider license in Georgia, enabling the company to provide trading and other services in the country.

As the U.S. presidential election approaches nearer, there is rising speculation over who could be the next SEC Chair. The current SEC Chair, Gary Gensler, appointed by Joe Biden in 2021 has been criticized over his stringent regulatory stance, particularly concerning cryptocurrency markets. Under Gensler, numerous enforcement actions have been taken against major entities.

Binance and Changpeng Zhao have responded to the SEC's revised complaint, filing a motion to dismiss that critiques the SEC's broad stance on crypto transactions. This filing disputes the agency's handling of crypto laws, seeking clearer guidelines that align with industry needs. The post Binance and Changpeng Zhao Challenge SEC's Amended Complaint in Court appeared first on Cryptonews.

The Cyprus SEC has suspended FTX.com's CIF license until May 30, 2025.

Outside of today's Presidential Election, the crypto industry is making a significant impact on the 2024 US Senate races by channeling substantial financial support to pro-cryptocurrency candidates, aiming to influence the legislative landscape. In the presidential race, Trump has been the more vocal crypto supporter, while Harris rarely mentioned the industry in her campaign messaging.

As the countdown for the all-important political battle between Donald Trump and Kamala Harris inches closer to a crescendo, cryptocurrency investors may be tempted to monitor crucial data on election night. What happened: Unlike traditional markets, cryptocurrencies can be traded 24/7, providing an opportunity to track market moves in real-time.

Anthony Moro, CEO of Provenance Blockchain Labs, shared his thoughts on the European Union's forthcoming Markets in Crypto-Assets (MiCA) regulation, which is set to be fully adopted by December 2024. According to Moro, MiCA's structured regulatory framework could enhance the accessibility and consistency of the European crypto market, bringing it closer to established asset classes.

Bybit has received another VASP license, following approvals in other regions, including the Netherlands and Kazakhstan.

Just a month after his release, Changpeng Zhao, the former CEO of Binance, is back to continue arguing with the SEC on securities. Zhao and Binance filed a motion to dismiss an amended complaint by the US Securities yesterday.

Japanese investment firm Metaplanet has been added to CoinShares' global equity index for the first time. The index lists 45 companies involved in cryptocurrency and blockchain.

Metaplanet Inc. is now part of the CoinShares Blockchain Global Equity Index. CEO Simon Gerovich highlights the firm's commitment to strengthening its international profile.

U.S. regulators consider approving Grayscale's crypto index ETF, potentially expanding investor access to altcoins

Web3 prediction platform Polymarket beats its TradFi alternatives, showing mainstream users how blockchain can improve betting.

On November 4, lawyers for Binance and its former CEO, Changpeng Zhao (CZ), filed a motion to dismiss the amended complaint filed by the Securities and Exchange Commission (SEC).

A new study by Bitget Research reveals a significant correlation between the activity of Telegram groups and the growing adoption of crypto, particularly in Africa and Eastern Europe. The analysis, which spans from January 2023 to August 2024, highlights a major transformation in the financial landscape in these emerging regions.