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news-imageNovember 23, 2024

Report: FSA in secret crypto crackdown talks as Trump hype and Japan investment skyrockets

Japan's Yomiuri Shimbun reported Saturday that the Financial Services Agency (FSA) is holding closed talks with “experts” about cracking down on Bitcoin and crypto in Japan. Some residents are bullish on the news, as they hope for tax relief via potential legal amendments.
Publisher: Cryptopolitan
Sentiment: Negative
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cover-imageCryptoSlate
November 23, 2024

Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders

The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for the first 100 days of Trump's administration.

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Positive
cover-imageBitcoin
November 23, 2024

Meme Coin Showdown: Token Mill vs. Pump.fun in the Battle for Meme Coin Supremacy

While Pump.fun shattered records and set the standard for meme coin creation, it has glaring flaws. Token Mill aims to fix these problems, and add additional functionality. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space.

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Positive
cover-imageThe Daily Hodl
November 23, 2024

Asset Tokenization Altcoin Skyrockets by 110% in a Day Amid New Partnership With SEC-Registered Broker-Dealer

An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets.

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Neutral
cover-imageCoingape
November 23, 2024

Gemini's Cameron Winklevoss Demands Fresh Probe Into SBF, Here's Why

Gemini co-founder and CEO Cameron Winklevoss is calling for a probe into the drop of a controversial charge involving FTX co-founder Sam Bankman-Fried (SBF). It has been 8 months since Judge Lewis Kaplan sentenced SBF to 25 years in jail.

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Positive
cover-imageBeInCrypto
November 23, 2024

Altcoin Season Approaches as Key Indicators Flash Bullish Signals

The cryptocurrency market is showing signs of an impending altcoin season, a period characterized by a surge in the price of other assets relative to Bitcoin. Market participants often shift their focus and capital toward altcoins during this period.

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Positive
cover-imageCoingape
November 23, 2024

Crypto Trader Records $2.5M Profit With This Token, Here's All

A crypto trader made a $2.5M profit today by turning 13 SOL into 9,718 SOL through trading 76.46M FATHA tokens. The trader bought the tokens on Pump.fun, capitalizing on a rapid increase in FATHA's market cap, which surged to over $60M.

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Positive
cover-imageCoingape
November 23, 2024

How Will Gary Gensler's Resignation Affect the Crypto Market?

Along with Bitcoin getting closer to $100k, the crypto market is filled with joys discussing Gary Gensler's resignation. The current SEC Chair is the most hated personality among investors due to his constant severe actions against the crypto industry and putting legal objections on various crypto service providers, which has kept most in fear and

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Positive
cover-imageCrypto news
November 23, 2024

Crypto VC Funding: Monkey Tilt, Canaan Creative secure $30M each

Gambling and artificial intelligence (AI) solutions took center stage in crypto funding, with both Monkey Tilt and Canaan Creative securing $30 million each in the third week of November. Total investments surpassed $125 million across various sectors.

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Negative
cover-imageZycrypto
November 23, 2024

UK to Roll Out Comprehensive Crypto Regulations by Early 2025

Despite delays caused by last year's election turmoil, the United Kingdom (UK) is set to introduce a robust regulatory framework for cryptocurrencies by early 2025. The framework aims to provide clarity and structure for the rapidly evolving industry.

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Neutral
cover-imageCrypto Economy
November 23, 2024

Memecoins: The Future of Cryptocurrencies or a Bubble About to Burst?

TL;DR Memecoins have gained popularity due to their quick profits, but their high volatility raises doubts about their sustainability. Despite their lack of intrinsic value, they have managed to attract new investors to the crypto ecosystem. Market speculation and manipulation are major risks that increase uncertainty about their future.

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Positive
cover-imageCryptopolitan
November 23, 2024

Binance plans major expansion of its compliance team by 34%

Binance is expanding its compliance team, aiming for a 34% growth by the end of 2024, to strengthen its regulatory efforts and ensure a safer platform for its 240 million users. Binance announced plans to grow its compliance team by 34% by the end of 2024.

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Positive
cover-imageFinbold
November 23, 2024

Here's why the crypto Altseason could start tomorrow

While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a “buy,” crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.

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Neutral
cover-imageCryptopolitan
November 23, 2024

President Trump plans for Kevin Warsh to replace Jerome Powell as Fed chair

The soon-to-be 47th president of the United States, Donald John Trump, is already mapping out his economic dream team, and Federal Reserve Chair Jerome Powell is not part of it. Trump is reportedly looking to replace Powell when his term ends in 2026, and the name at the top of his list is Kevin Warsh.

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Negative
cover-imageCryptopolitan
November 23, 2024

A friendlier SEC, isn't enough to keep crypto innovation in the US

Crypto advocacy group Coin Center has hinted that crypto innovation could still be threatened despite an incoming crypto-friendly Securities and Exchange Commission (SEC). According to the non-profit group, while Trump's emergence as president might be a positive for the crypto sector, several ongoing cases could deter investors and developers.

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Negative
cover-imageCryptopolitan
November 23, 2024

Fed says US debt is the top threat to economic stability, criticizes stablecoins

The Federal Reserve has declared the US government's $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical tensions down the list. This grim acknowledgment came after the central bank's survey, conducted by New York Fed staff between August and October, which was included in its latest semi-annual financial stability report.

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Positive
cover-imageBeInCrypto
November 23, 2024

Donald Trump Selects Pro-Crypto Scott Bessent as Treasury Secretary

Donald Trump, the President-elect of the United States, has nominated Scott Bessent as Treasury Secretary for his administration. This decision has generated enthusiasm in the emerging industry due to Bessent's pro-crypto reputation.

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Positive
cover-imageCoingape
November 23, 2024

How This Crypto Trader Turned $0 to $5.95 Million?

The crypto market is known for its high-profit opportunities. However, it also has limitations, such as volatility, which often leads to an immediate trend reversal, changing the entire trajectory of crypto trading.

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