A consortium of crypto and fintech giants is launching the Global Dollar Network for seamless cross-border payments.

The crypto industry is watching Senate races in Ohio, Montana, Pennsylvania, Wisconsin, and Massachusetts — all seen as key to getting pro-crypto lawmakers into office.

Democratic incumbent Elizabeth Warren won her fourth term as Massachusetts Senator, defeating Republican challenger John Deaton.

The crypto industry raised more than $245 million from a mix of corporations and individual contributors this cycle.

Binance announces a Diwali promotion offering South Asian P2P merchants a chance to upgrade their VIP level and enjoy discounted maker fees.

Massachusetts's Democratic Senator Elizabeth Warren has been re-elected for the third time after defeating the Republican candidate and the cryptocurrency advocate John Deaton on Tuesday. Senator Warren's win was confirmed by the Associated Press, which allows her to keep on being one of the leading advocates for financial reform and cryptocurrency regulation in the Senate.

Japan's Financial Services Agency (FSA) is reportedly preparing laws to help prevent the outflow of domestic assets in the case of FTX-type trouble with crypto exchanges based overseas. The state regulator is looking to establish a “holding order” in the country's Payment Services Act.

Sen. Elizabeth Warren prevailed in her Senate race against Republican crypto-friendly candidate John Deaton.

An analyst who continues to grow his following with timely crypto calls believes that altcoins are about to witness a final capitulation event. Crypto strategist Benjamin Cowen tells his 876,600 followers on the social media platform X that the altcoin market looks poised to plummet against Bitcoin (TOTAL3/BTC).

With the 2024 U.S. elections underway, memecoins based on the presidential contenders have had a mixed day of trading.

Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since April's $954 million earlier in the year, according to DefiLlama data.

A BitRiver executive has claimed that the fast-growing Russian crypto mining sector could help turn the nation into a major force in the world of AI. The post BitRiver: Russian Crypto Mining Dominance Will Make Nation Global AI Leader appeared first on Cryptonews.

Bullionz aims to solve all existing crypto and gold investment problems, offering everyone, regardless of location, an opportunity to own these asset classes.

Circle CEO Jeremy Allaire said stablecoins are poised to become essential financial tools worldwide due to their potential to streamline cross-border trade and drive efficiencies in emerging markets, South China Morning Post reported. Speaking at the Hong Kong FinTech Week 2024 on Nov.

Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, has said that the current direction of the crypto industry will not change, irrespective of the outcome of the US presidential election.

As the U.S. presidential election looms, Bitwise CIO Matt Hougan has expressed optimism about the crypto market's long-term prospects, emphasizing that digital assets are well-positioned to thrive regardless of the election outcome. While the US election results may bring short-term fluctuations, Hougan believes that the crypto market's growth trajectory remains robust.

ZachXBT collectible memecoin on Base network hits $15M market cap after NFTs were converted into tradeable ERC-20 tokens. The post ZachXBT's NFT accidentally becomes a $15 million meme coin on Base appeared first on Crypto Briefing.

Prices for cryptocurrency assets rose on Tuesday as investors anticipate the results of the U.S. election and what it could mean for regulation in the industry.

Cyprus Securities and Exchange Commission (CySEC), has postponed hopes of a Sam Bankfied-Fried-linked firm resuming operations there

SynFutures, a decentralized derivatives trading platform, has introduced its latest offering, the Perp Launchpad. This launch will expand access to perpetual futures markets in the DeFi space.

The crypto market has weathered two major US election cycles with fairly consistent outcomes in the long-term.

In response to devastating floods in Valencia, Binance Charity has pledged $3 million to the Spanish Red Cross (Cruz Roja Española) to support urgent relief efforts.

Stand With Crypto Alliance will broadcast election results of several key races involving pro-crypto candidates, the Coinbase-launched organization's website shows. The platform will showcase the 2024 U.S. presidential election between Donald Trump and Kamala Harris as results become available later today. The post Stand With Crypto Monitoring U.S. Races, Live Election Results For Pro-Crypto Candidates appeared first on Cryptonews.

Coinbase chief legal officer Paul Grewal joins CoinDesk's Markets Daily to weigh in on crypto's impact on the U.S. elections. He also discusses what could happen once the election is over and what Coinbase discovered in FDIC documents.

Circle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says in a new interview with the South China Morning Post (SCMP) that Circle is acting as a test subject for global stablecoin regulation.

Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, declared in an investor note today that the crypto industry has secured its place in the financial world, irrespective of the outcome of today's US presidential election between President Donald Trump and Senator Kamala Harris. In his note titled “Crypto Has Already Won,” Hougan stated, “There is nothing left to say about Tuesday's election.

Given the ongoing U.S. presidential election, political meme coins are again on the rise. The PolitiFi category has gained 3% in the last 24 hours due to the upcoming election results.

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Recent polls for the 2024 US presidential elections indicate a neck-to-neck race between Donald Trump and Kamala Harris. Every few days, these polls update to show a front-runner, only for that lead to be overtaken by the slimmest of margins.

Meme tokens will keep expanding their influence in the crypto market, taking up to 3.5% in 2025.

ETF Store President Nate Geraci suggested that the outcome of the U.S. election could significantly affect the ETF industry, particularly for crypto-related products. What Happened: Geraci opined in a blog post for etf.com on Tuesday that, the new administration and Congress will influence key regulatory roles, including the appointment of the SEC chair, which could steer ETF developments.

Most US financial markets will remain closed on Tuesday night as states tally votes in a high-stakes election between Donald Trump and Kamala Harris. But the crypto market will be active, offering an exception for investors who may respond to election results in real-time.

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

Billionaire Cameron Winklevoss is warning that a Kamala Harris election victory could end up being very costly for the crypto industry. According to Winklevoss, the Biden Democratic Presidential administration has cost the digital asset space at least half a billion dollars in legal fees, conservatively speaking.

$3M Binance donation boosts Spanish Red Cross efforts to support Valencia flood victims facing loss and destruction.

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Bybit has officially registered as a Virtual Asset Service Provider with Georgia's National Bank, enhancing its commitment to supporting the country's digital transformation and positioning Georgia as a growing hub for crypto innovation. The post Bybit Receives VASP License from Georgia's National Bank appeared first on Cryptonews.

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.

Coinbase's CEO Brian Armstrong has placed a significant political bet on shaping US crypto policy, positioning his company as one of the top corporate donors in the 2024 election.

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.