Profile: 953281df...
Donald Trump has selected his son-in-law Jared Kushner’s father, Charles Kushner, to serve as the next US ambassador to France, the president-elect announced Saturday.
https://edition.cnn.com/2024/11/30/politics/charles-kushner-france-ambassador-trump/index.html
Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its community.
Source [ https://cointelegraph.com/news/hyperliquid-hype-token-surges-after-billion-dollar-airdrop ]
Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January.
Source [ https://cointelegraph.com/news/bitcoin-liquidity-index-110k-top-january-2025 ]
Grayscale’s cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season.
Source[ https://cointelegraph.com/news/grayscale-crypto-portfolio-85-xlm-xrp-altcoin-gains]
Ripple chief technical officer David Schwartz recently joined the list of tech founders speaking out against Operation Chokepoint 2.0 — a government-run debanking operation against the crypto industry. Schwartz said the government is "addicted to indirect regulation" and laid out four reasons why de-banking undermines the rule of law.
Source [ https://cointelegraph.com/news/government-become-addicted-indirect-regulation-ripple-cto ]
Tesla CEO Elon Musk had a seat at the family table for Thanksgiving dinner at Mar-a-Lago, joining President-elect Donald Trump, Melania Trump and their 18-year-old son Barron, in the latest indicator of Trump’s growing bond with the world’s richest man.
https://edition.cnn.com/2024/11/29/politics/musk-trump-thanksgiving-mar-a-lago/index.html
The Indonesian cryptocurrency market surpassed $30 billion in transactions for the period between January and October 2024, marking a 350% year-over-year increase and the highest total since the 2021 bull market.
https://cointelegraph.com/news/indonesia-cryptocurrency-transactions-cross-30-billion-2024
Synthetic dollar protocol Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s USDtb stablecoin in Spark’s $1 billion Tokenization Grand Prix. The competition seeks to onboard real-world assets (RWAs) to decentralized finance by offering liquidity to selected participants.
https://cointelegraph.com/news/ethena-securitize-join-race-spark-liquidity-usdtb
#finance #USA
Decentralized exchange Curve has joined with blockchain network Elixir to expand access to decentralized finance (DeFi) for BlackRock’s tokenized money market fund, Curve said on Nov. 29.
https://cointelegraph.com/news/curve-blackrock-partner-buidl-de-fi
#Decentralization #blockchain
The New York Department of Financial Services (NYDFS) is expected to approve Ripple Labs’ RLUSD stablecoin — an overcollateralized dollar-pegged stablecoin — in the coming days, sources revealed to Fox Business.
https://cointelegraph.com/news/new-york-regulator-ripple-rlusd-stablecoin-report
Ken Sim, who has served as the mayor of Vancouver since 2022, announced plans for the Canadian city to add Bitcoin to its balance sheet as part of efforts to diversify its investments.
https://cointelegraph.com/news/vancouver-mayor-ken-sim-bitcoin-reserve-asset
Many in the crypto industry are still reeling from an appellate court decision that the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) overstepped in sanctioning certain smart contracts associated with the cryptocurrency mixer Tornado Cash.
https://cointelegraph.com/news/treasury-donald-trump-tornado-cash-approach
November’s market activity has spurred a surge in stablecoin trading, buoyed by the heightened institutional confidence in the digital assets industry.
https://cointelegraph.com/news/stablecoin-trading-volume-surges-1-8-t-november
In this week’s newsletter, read about how non-fungible token (NFT) sales have continued their upward momentum, and find out why Sky Mavis, the company behind Axie Infinity, laid off 21% of its workforce. In other news, crypto exchange Kraken is winding down its NFT marketplace and FIFA and Mythical Games will collaborate on a blockchain game.
Bitcoin’s valuation metrics suggest the bull market is far from over and could be setting the stage for even further highs. With no signs of overvaluation typically seen at price peaks, analysts are eyeing a current potential target of $146,000 in this cycle.
https://cointelegraph.com/news/bitcoin-metrics-suggests-bull-market-far-from-overvalued
President-elect Donald Trump’s team has signed an agreement with the White House unlocking key transition briefings and activities after a lengthy delay amid concerns, in part, over a mandatory ethics agreement.
https://edition.cnn.com/2024/11/26/politics/trump-team-signs-transition-agreement/index.html
As Bitcoin trades near new highs, the level of financial literacy in the cryptocurrency community still leaves much to be desired, according to a new report.
https://cointelegraph.com/news/crypto-literacy-dangerously-low-report
Crypto exchange Kraken is shutting down its non-fungible token (NFT) marketplace just over a year after its launch.
https://cointelegraph.com/news/kraken-winds-down-nft-marketplace