Altcoins are struggling to keep pace with Bitcoin's rally. But what is driving the lag?

In a thread on X, crypto researcher Alex Wacy (@wacy_time1) shared 15 eye-opening insights about the current bull cycle with his 183,000 followers. Wacy's analysis covers a range of topics from Bitcoin dynamics to emerging technologies like AI and DePIN (Decentralized Physical Infrastructure Networks).

The Trump administration is planning to expand the Commodity Futures Trading Commission's (CFTC) authority to oversee significant portions of the $3 trillion digital asset market, Fox Business reported on Nov. 28. The move would mark a pivotal shift in US crypto regulation, aiming to replace the current enforcement-heavy approach with a more innovation-friendly framework.

New users face barriers in onboarding, interfaces, and managing private keys, limiting adoption. GT Protocol offers a crypto investment platform that uses an AI chatbot for trading and portfolio management.

New Dehli, India, 28th November 2024, Chainwire

The AI agent boom in crypto could reshape financial ecosystems, but sustainability and model reliability pose significant long-term challenges. The post The AI agent meta in crypto is booming, but will it last?

Ex-Binance worker alleges whistleblower retaliation after reporting bribery, sparking fresh debate over the company's practices.

A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging wrongful dismissal after reporting a colleague's bribery attempt, shedding light on internal issues amid increasing regulatory scrutiny. The post Ex-Binance Exec Files Whistleblower Lawsuit Alleging Bribery and Unfair Dismissal appeared first on Cryptonews.

Trump's presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks.

Embracing crypto payments can enhance business competitiveness by reducing transaction costs, increasing privacy, and accessing new markets. The post Benefits of accepting crypto payments on your website appeared first on Crypto Briefing.

The conversations around Operation Chokepoint 2.0 are growing on crypto X, with pro-crypto lawyer John Deaton recently sharing a strong opinion about it. Responding directly to a post from Jesse Powell, the founder, and CEO of Kraken Exchange, Deaton called for an investigation into the defined effort to debank the crypto ecosystem.

XT Exchange suspends all coin withdrawals amid reports of a $1.7 million hack.

As traditional financial markets continue to evolve, the world of cryptocurrencies is marked by a crucial question: where has the altseason gone? This phenomenon, characterized by a spectacular surge in altcoin prices, seems strangely absent despite a favorable market context for Bitcoin.

The Commodity Futures Trading Commission (CFTC) may reportedly oversee a substantial portion of the $3 trillion digital asset market once President-elect Donald Trump assumes office next year.

A recent study reveals how most influencer-driven meme coins lead to losses for investors.

XT.com, a Seychelles-based crypto exchange handling over $3.4 billion in daily trading volume, has experienced a suspected hack involving $1.7 million.

According to DefiLlama, the meme coin launchpad Pump.fun has made $78 million in revenue for November, marking a 35% share of its total earnings since launch. The post Meme Coin Launchpad Pump.fun Hits Record $78M Revenue in November appeared first on Cryptonews.

TL;DR Analysts from Standard Chartered and Zodia Markets project that stablecoins could reach up to 10% of M2 and FX transactions in the U.S. Although they currently represent only 1% of these transactions, proper regulation, especially under the Trump administration, could drive their adoption.

Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.

Scroll's native SCR token dropped roughly 32% on day one of trading after a controversial airdrop.

A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws, citing crypto's lack of legal status. The post Chinese Court Rules Crypto Cannot Be Used for Wage Payments appeared first on Cryptonews.

Binance's venture capital and incubation arm has invested in Astherus, a decentralized finance platform aimed at maximizing real yield for digital assets. Binance Labs announced the investment in the multi-asset liquidity hub on Nov. 28.

TL;DR Binance launches the global PayDay event to encourage holiday shopping with cryptocurrencies, offering $200,000 in PEPE tokens. Two main promotions: a $10 PEPE reward for purchases of $20 and prizes of up to $350 for the top 100 shoppers who spend $200 or more.

XT, a crypto exchange, has lost $1.7 million to hackers who have quickly converted the stolen funds to Ethereum.

Former United States and Exchange Commissioner (SEC) Paul Atkins is in the lead to become the SEC Chair under President-elect Donald Trump on prediction market Kalshi, a new poll on the betting platform reveals. Current SEC Chair Gary Gensler will step down ahead of Trump's inauguration. The post Paul Atkins In The Lead For SEC Chair In Latest Kalshi Poll appeared first on Cryptonews.

Russia classifies digital currencies as property under new tax law. Mining operations are exempt from VAT, easing financial obligations.

Don't miss out on the biggest crypto Black Friday offers of 2024! From advanced trading tools to exclusive exchange rewards and secure hardware wallets.

Two altcoins—Algorand and Decentraland—could be on the verge of major rallies, according to technical analysis. Recently, the cryptocurrency market has experienced significant turbulence, with Bitcoin (BTC) leading a broad sell-off. After touching $99,690 on Nov.

Amrita Srivastava, a former executive at Binance, has filed a whistleblower lawsuit in the UK, accusing the exchange of tolerating bribery within its ranks.

XT reported a security breach resulting in a $1.7 million loss, with stolen funds converted to Ethereum.

USDT alone accounts for 69% of the global stablecoin supply, having reached a market cap of over $133 billion.

Under the stewardship of CEO Dana White, the Ultimate Fighting Championship (UCF) has become one of the biggest, if not the biggest organization in martial arts today.

Stablecoins usage could feasibly reach 10% of U.S. M2 and FX transactions, as the sector gains legitimacy, analysts said.

Hong Kong plans crypto tax exemptions for funds to enhance its status as an offshore financial hub, competing with Singapore. The post Hong Kong plans crypto tax exemptions for hedge funds and private investors appeared first on Crypto Briefing.

Children's charity Make-A-Wish International is shaking the donation tin for Bitcoin, Ethereum and USDC this holiday season.

A cryptocurrency firm plans to completely halt the operation of its NFT marketplace early next year, a decision that might have a great impact on the NFT space.

A strategic alliance to enhance access to liquidity and optimize credit solutions

The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra's stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether's Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33 trillion, with stablecoins making up anywhere between 5.70% and 6.

LTP clients will get easier access to Bitstamp's deep liquidity pools, including lending and credit options. The post Bitstamp and LTP Collaborate to Deliver Improved Liquidity and Trading Solutions for Institutions appeared first on Cryptonews.

MetaMask co-founder Dan Finlay's memecoin experiment highlights Web3's struggles with consent, trust and investor expectations.

In the face of Bitcoin's historic rise nearing $100,000, Trezor, a leader in crypto hardware wallets, is experiencing an unprecedented surge in sales. The manufacturer reports a spectacular 600% increase in its weekly sales.

The cryptocurrency market is buzzing with discussions about the delayed onset of the altcoin season. While Bitcoin has surged due to institutional interest and spot ETF (exchange-traded funds) demand, the altcoin market remains relatively subdued.

This is a segment from the Empire newsletter. To read full editions, subscribe.

Hong Kong has proposed tax exemptions for private equity and hedge funds to attract global investors.

Cryptocurrency hackers continue damaging the industry's reputation as the yearly value stolen through cyberattacks nears $1.5 billion.

In the latest report, Binance analyzes the 0.5% reduction of the target rate for federal funds by the Fed.

One of crypto's oldest index funds aims for the big leagues as NYSE Arca files to list shares under new digital asset rules.