Grayscale's cryptocurrency gains are another sign of an incoming altcoin season, which may lead to an XRP rally of $2.57 before the end of 2024.

Former PayPal president and head of Meta's defunct Libra project, David Marcus has shed light on the unfortunate incident surrounding the project. Marcus took to microblogging platform X to reveal that Treasury Secretary Janet Yellen was indirectly involved in the project's death.

Brazil's Central Bank (BCB) has introduced a regulatory proposal to ban platforms from allowing stablecoin withdrawals to self-custody wallets.

Russia's crypto tax framework introduces a 13%-15% sales tax and exempts mining services from VAT under strict reporting rules.

Taiwan has accelerated the introduction of its regulatory Anti-Money Laundering (AML) framework for crypto businesses. The new regulations, set to start nearly a month in advance, require Virtual Asset Service Providers (VASPs) to comply with the registration mandate to prevent stricter penalties.

The UK Court of Appeal has rejected Australian scientist Craig Wright's, Bitcoin self-acclaimed developer, attempt to challenge a previous ruling in his legal battle against the Crypto Open Patent Alliance (COPA).

Amid the ongoing bullish sentiments, where major cryptocurrencies are packed with gains, a newly launched crypto token is gaining traction with the successful HYPE Airdrop. The popular Decentralized finance (DeFi) protocol Hyperliquid launched its native token a few hours ago with a massive crypto airdrop.

In this week's LATAM crypto update the use of virtual assets has increased to more than $75 million in just four months as a result of new laws issued by the Central Bank of Bolivia.

November proved to be a turning point for the crypto market, and meme coins emerged as one of the best-performing sectors. In the last four weeks, following Bitcoin's rise to $99,595, many unexpected meme tokens took the top spot, outperforming major altcoins.

Tonkeeper, a leading non-custodial wallet for the TON blockchain, has partnered with global payment infrastructure platform Mercuryo to introduce an exclusive promotional campaign for Indonesian users. The three-week campaign will offer significantly reduced transaction fees for crypto purchases via popular Indonesian payment methods.

The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to expedite its implementation.

Some lesser-known tokens are outperforming expectations, but OGs like Bitcoin, Ethereum, and Solana remain strong.

Jimmy Donaldson famously known as Mr.Beast has been criticised for what people view as an attempt to use his large audience to make financial gains within the crypto industry. Currently following over 31.

We were overexcited about NFTs: we all remember those days, when it was easy to make a quick buck. What happened, after the hangover?

An instrument widely used for medium/long-term investments, but that presents some critical issues.

Japan's financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan's financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration.

As the crypto space grows staking has become one of the leading ways to earn passive income instead of letting your digital assets stay idle in your wallet. CryptoBox stands out among the many crypto staking platforms out there as a game changer that combines AI technology with secure high-yield staking.

In a November 28th post on Twitter/X, Tron's Justin Sun shared that he plans to buy up to 100,000 bananas from the same fruit stand that produced the iconic duct-taped banana. The now-popular fruit stand is owned and managed by Shah Alam, located in New York's Upper East Side.

In a groundbreaking event, a player managed to outwit an AI agent named Freysa, winning a cryptocurrency prize worth $47,000.

David Marcus alleges that Treasury Secretary Janet Yellen intervened at a critical juncture, warning Federal Reserve Chair Jerome Powell that supporting Libra's launch would amount to “political suicide.” The post Janet Yellen's Warning to Fed Chair Killed Meta's Crypto Project, Says David Marcus appeared first on Cryptonews.

Rachel Conlan, CMO of Binance says memecoin listings are not guaranteed. However “community feedback and input” plays an important role in decisions related to which cryptocurrency to list.

After Pump.fun cancelled its livestreaming feature, revenues on the platform fell by $1.4 million.

Brazil's Stablecoin Withdrawal Ban, proposed by the BCB, restricts centralized exchanges from transferring stablecoins to self-custody wallets

David Marcus, former chief of now-defunct Facebook Libra stablecoin project, has openly revealed how the Biden administration killed the project despite passing all regulatory checks. In his detailed post “How Libra Was Killed“, Marcus provides a complete overview of the political slugfest.

The Graph introduces Web3 standard GRC-20 to improve interoperability across decentralized applications.

Printemps, the French department store chain, has partnered with Binance Pay and Lyzi to accept cryptocurrency payments in 20 locations across France.

Binance CMO Rachel Conlan says that "community feedback and input" are important factors for crypto exchanges when deciding which cryptocurrencies to list, though nothing is "guaranteed."

Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025.

A UK court denied Craig Wright appeal, ruling he is not Bitcoin's creator, Satoshi Nakamoto.

Key Points:

Key Points:

For years, cybersecurity threats like hacking and identity theft have compromised not just individual accounts but also companies and organizations. And many governments point their fingers to North Korea as the probable location of these hackers that cost the global economy billions of dollars.

The amount of capital willing and able to hold risk has surged, reshaping the ecosystem's center of gravity. And that center is CME Group.

Pump.fun has experienced a sharp drop in daily revenue after banning live streaming. Fake Suicide After experiencing steady growth since early November, the daily revenue of meme coin launching platform Pump.fun plummeted. Revenue dipped from a monthly high of $5.3 million on Nov. 24 to $3.6 million on Nov. 27.

Bitwise Investment Management (BITB) has sustained its bull run recording $26,000,000 inflows today and $82 million in volume in just 3.5 hours with a short market day. On its previous day of trades, Nov. 28, Bitwise's $BITB led at $48.05 million with Fidelity's $FDT at $40.

The Japanese Financial Service Agency (FSA) has warned five unregistered crypto exchange platforms that serve Japanese users without complying with the set-up regulations.

Indonesia's cryptocurrency market has surged to over $30 billion in transactions as of October 2024, with 21 million traders, reflecting a remarkable 352% growth from the previous year and solidifying its position as a leading global crypto adopter. The post Indonesia's 2024 Crypto Transactions Exceed $30B with 21M Traders appeared first on Cryptonews.

Russian President Vladimir Putin has signed a law recognizing cryptocurrencies as property and introducing new tax regulations, imposing a 13%-15% tax on transactions while exempting mining operations from VAT, effective January 1, 2025. The post Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining appeared first on Cryptonews.

The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury department store has become the first major retailer in Europe to accept cryptocurrency payments.

This week's Crypto Biz explores Singapore Gulf Bank's plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald's stake in Tether and the first DOGE ETP.

North Korean hackers have stolen billions in cryptocurrency and sensitive corporate data by impersonating venture capitalists, recruiters, and remote IT workers. Researchers made the revelations during Cyberwarcon, an annual cybersecurity conference, on Nov. 29.

Russia is taking bold steps to regulate the growing cryptocurrency sector with the introduction of a new tax bill that could reshape how both crypto miners and traders operate in the country. After gaining approval from the Federation Council, Russia's upper house of parliament, the bill is one step away from becoming law, pending only the signature of President Vladimir Putin.

Procurator-General Ying Yong of China's Supreme People's Procuratorate emphasized combating crypto laundering under the revised AML Law, citing its significance for financial and national security. The post China's Supreme Procuratorate Outlines Crypto Focus in New AML Law appeared first on Cryptonews.

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Tron founder Justin Sun ate the banana duct-taped to a wall, which he recently bought for $6.2 million at Sotheby's. The event took place at the Peninsula Hotel in Hong Kong.

The NFT market has seen a notable recovery in November, but CryptoPunks has been the standout performer.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. In this episode, Crypto World dives into the industry's political contributions that were poured into the 2024 election cycle.