Crypto analyst and digital assets trader Ali Martinez is leaning bullish on the largest memecoin by market cap. Martinez tells his 77,400 followers on the social media platform X that Dogecoin (DOGE) could go up by more than twenty-fold from the current price.

Standard Chartered analyst forecasts crypto market cap could reach $10 trillion by 2026 on Republican sweep of the U.S. Congress.

FTX has filed a lawsuit to recover over $11 million from a Crypto.com account allegedly controlled by its sister company, Alameda Research. The lawsuit, detailed in a court document dated Nov. 8 and obtained by crypto.

TL;DR dApps led blockchain revenue generation in October 2024, raising $164 million out of a total of $182 million generated. The majority of these revenues come from trading bots and decentralized exchanges (DEXs) related to speculative trading. Despite the growth, the Binance Research report highlights the lack of investment in blockchain infrastructure.

Dubai, UAE, 8th November 2024, Chainwire

Internet celebrity Hailey Welch, known as Hawk Tuah Girl, spent a month as a crypto influencer before doxxing her wallets. One address contains 50% of the supply of Hawktuah, a newly launched token from Pump.fun.

TL;DR Binance Labs has made its first investment in the decentralized science sector with BIO Protocol. BIO Protocol allows scientists, patients, and investors to collaborate in the development and ownership of new medical treatments. With the support of Binance Labs, BIO seeks to expand its network of BioDAOs and enhance its infrastructure.

Here are the top 10 cryptocurrencies for the first week of November 2024, with insights into their market performance, technical ratings, and growth potential.

The California DFPI revoked BlockFi's lending license for unsafe lending practices and violations of the California Financing Law. Following investigations, BlockFi agreed to surrender its license amid bankruptcy, reflecting heightened regulatory oversight in the evolving crypto lending sector. The post California Permanently Revokes BlockFi's Lending License Two Years After Bankruptcy appeared first on Cryptonews.

QCP Capital reports that the 2024 U.S. presidential election outcome is significantly influencing both cryptocurrency and treasury markets. QCP Highlights Trump Victory's Effect on Bitcoin and Treasury Yields Highlighting a Positive Feedback Loop According to QCP Capital's latest market updates, Donald Trump's success in the 2024 presidential race has sparked notable financial shifts.

Project Guardian welcomes a new policymaker to advance discussions and tests on asset tokenization policies.

Binance Labs makes its first investment in the decentralized science (DeSci) space, backing the BIO Protocol.

Navigating the ever-changing crypto market can be challenging for investors, who often descend into the depths of the industry without any guidance. Some have taken on the task of developing tools to help traders steer their strategies and try to maximize their portfolio's performance.

A Chinese man convicted of espionage and allegedly receiving more than 1 million yuan through cryptocurrency has been sentenced to life in prison.

Donald Trump's Nov. 5 win in the United States presidential election sets the stage for more institutional cryptocurrency adoption, according to a Benchmark research note.

Detroit will become the largest city in the United States to accept cryptocurrency payments through a secure platform managed by PayPal, city officials announced. The option will become available in mid-2025, along with additional improvements to city payment services, said Treasurer Nikhil Patel.

The de facto nation of Abkhazia claims it has shut down all “large” crypto mining “farms” on its territory. The post Abkhazia Says It Has Shut Down ‘All Large Crypto Mining Farms' appeared first on Cryptonews.

Wang Moumou—a name no one had heard outside his government unit—is now infamous across China. Here was a guy who was once the perfect poster boy for a public official – hardworking, trusted, and supposedly untouchable.

The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets.

A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.

The California Department of Financial Protection and Innovation (DFPI) has fully revoked the license of the bankrupt crypto lender BlockFi nearly two years after the company declared bankruptcy.

Dan Gallagher, Robinhood's chief legal officer and a former SEC commissioner, is reportedly the leading candidate to replace SEC Chair Gary Gensler in the incoming Trump administration.

The crypto industry campaign spent $135 million supporting over 50 U.S. election candidates in 2024, with 48 backed candidates declaring victory so far.

Binance has been recognized as the top crypto infrastructure provider in the 2024 Asia FinTech Innovators list by Fortune Asia, highlighting its leadership in the blockchain and crypto sector.

Two years after bankruptcy, California's DFPI has permanently revoked BlockFi's license due to regulatory violations, concluding ongoing investigations into its lending practices and prioritizing consumer recovery over penalties.

It's a place where fans can come together, experience the thrill of racing, and drive digital versions of Lamborghini's powerful cars. This new hub will be filled with activities and games to keep fans on the edge of their seats.

To trade digital assets, crypto world users must know how to choose between using CEX (centralized exchanges) or DEX (decentralized exchanges). The former are usually more liquid and structured, while the latter offer a wide variety of choices and autonomy.

Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence.

BIO aims to use blockchain technology to change how early-stage scientific research is financed and commercialized.

The DOJ said it's providing notice to the public to ensure that anyone potentially harmed by the defendants' actions can be heard.

In an exciting development for the crypto community, Coinbase has officially announced the listing of Swell (SWELL) on its platform.

Bankrupt FTX has filed a lawsuit to recover at least $11 million held in a Crypto.com account linked to its sister company, Alameda Research, according to a Nov. 8 filing. FTX alleges that before filing for bankruptcy, Alameda held an account at Crypto.com registered under the name Ka Yu Tin, also known as Nicole Tin.

The California Department of Financial Protection and Innovation (DFPI) has permanently revoked the lending license of BlockFi, a crypto lender that declared bankruptcy two years ago.

Former President Donald Trump is on his way back to the White House after securing a victory in the 2024 presidential election on Tuesday, triggering a broad market rally. While various sectors are reacting positively to the news, the cryptocurrency market is set for significant gains under his administration.

The combination of AI and DeFi has been a hot topic and now with the USA under new Crypto leadership, and Dubai putting its weight around it, expect it to take off.

As the current bull market clicks into high gear, investors will be keen to be backing the fastest horses. In the crypto sector, these may include Bitcoin ($BTC) and Solana ($SOL).

The incident underscores the critical need for robust security protocols and highlights the risks of financial desperation leading to espionage. The post Chinese official gets life sentence for selling state secrets to pay crypto debts appeared first on Crypto Briefing.

President-elect Donald Trump has made his first major appointment for his second term, naming Susie Wiles as his White House chief of staff. Wiles, who was a key figure in Trump's 2016 and 2020 campaigns, is the first woman to ever hold this role.

CNBC's Mackenzie Sigalos discusses the influence the crypto sector had on the election, and what Trump's victory and future policies will do for the assets and related stocks.

Nigerian authorities have fined two crypto firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, $30,000 for illegal USDT-to-Naira transactions, continuing the EFCC's crackdown on unlicensed crypto trading in the country. The post Nigerian Authorities Fine Two Crypto Firms $30,000 appeared first on Cryptonews.

Bankrupt exchange FTX has sued Crypto.com to recover Alameda Research funds. In a lawsuit filed before the US Bankruptcy Court for the District of Delaware, FTX claims that Crypto.com holds $11.4 million belonging to its sister trading firm Alameda and has refused to return it.

Andrew Tate, the controversial internet personality and former kickboxing champion, has pledged his support for crypto influencer Ben Armstrong, also known as “BitBoy.”

North Korean hackers have shifted their methods in an escalation of their cyber warfare tactics. They now employ phishing emails as a primary tool to target cryptocurrency firms.

Analysts weighed in as Bitcoin (BTC) shows strong momentum, expecting liquidity will soon “start to flow into altcoins.” While some highlighted Bitcoin's growth limitations, others have identified 30x-return opportunities with solid altcoins, warning against settling for 30% gains.

Crypto scams have surrounded the industry, where scamming incidents have grown exponentially. The most recent news from South Korea uncovered a new type of investment scam.

Trump's win and previous support for crypto will result in the US becoming a superpower in this space—outpacing countries such as China.

Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.