Industry leaders from Ripple, Kraken, Coinbase, and Circle are competing for spots on Trump’s proposed Crypto Advisory Council. The council may oversee a Bitcoin Reserve initiative and regulatory reforms, with discussions around a 'crypto czar' role. Critics caution against including crypto insiders, advocating for unbiased experts to ensure balanced policymaking. #Crypto #Regulation #Trump #Bitcoin

TRON’s Justin Sun acquires the viral "Comedian" artwork for $6.2 million, pledging to eat the banana. The news caused the Banana Gun token to spike, highlighting the intersection of art, humor, and crypto markets. #TRON #JustinSun #Comedian #BananaGun #Crypto #Art #NFT

FTX expects its reorganization plan to take effect in January 2025, beginning reimbursements for creditors, focusing on overseas users. Creditors may recover only 10-25% of losses, despite FTX's asset recovery efforts. Legal battles surrounding founder Sam Bankman-Fried persist as FTX works to maximize distributions. #FTX #Crypto #Reorganization #Bankruptcy #SamBankmanFried

Trump Media explores crypto payments with TruthFi trademark filing, aiming to offer payments, custody, and digital asset trading. Potential talks to acquire Bakkt support the initiative. #TrumpMedia #TruthFi #Crypto #Payments #Bakkt

Chris Giancarlo, ex-CFTC chair, emerges as a frontrunner for the White House’s first crypto czar role under President-elect Trump. Known for championing blockchain and the Digital Dollar Project, Giancarlo is a favorite among crypto enthusiasts. Trump’s plans include a regulatory crypto council, signaling a policy shift as SEC Chair Gensler prepares to step down in January 2025. #Crypto #Giancarlo #Trump #Regulation #CryptoCzar

WisdomTree Europe launches an XRP-backed exchange-traded product (ETP) in Germany, Switzerland, France, and the Netherlands. The ETP provides low-cost exposure to XRP’s spot price, appealing to European investors amid increasing interest in crypto assets. ETPs offer a workaround for regulatory delays in full ETF approvals, with XRP's price seeing a slight increase after the announcement. #WisdomTree #XRP #ETP #Crypto #Investment

Solana (SOL) soared to a new all-time high, trading at approximately $261, surpassing its previous peak set in November 2021. This marks a 32-fold increase from its December 2022 lows. The surge coincides with SEC Chairman Gary Gensler's planned resignation, signaling a potential shift towards a more crypto-friendly administration. Speculations about a Solana ETF approval have reignited hopes within the crypto community. #Solana #SOL #Crypto #AllTimeHigh #ETF

Gary Gensler will step down as SEC Chair on January 20, 2025. His tenure was marked by strong enforcement against the crypto industry, including actions against major players like Coinbase and Binance. Gensler's departure follows President-elect Trump's promise to dismiss him and bring sweeping changes to crypto regulations. Trump is considering pro-crypto candidates to replace Gensler and plans to create a permanent crypto advisor position in the White House. #SEC #GaryGensler #CryptoRegulation #Trump #Bitcoin

Trump is considering a new White House crypto advisor position to act as a bridge between Congress, regulators, and the White House on crypto policy. This role aligns with Trump’s campaign promises to support Bitcoin-friendly reforms and initiatives. #Trump #Crypto #WhiteHouse #Regulation #Bitcoin

Trump is considering a new White House crypto advisor position to act as a bridge between Congress, regulators, and the White House on crypto policy. This role aligns with Trump’s campaign promises to support Bitcoin-friendly reforms and initiatives. #Trump #Crypto #WhiteHouse #Regulation #Bitcoin

Nvidia's Q3 revenue soared 95% to $35.1 billion, exceeding expectations. The Data Center segment saw a 111% surge, contributing $30.8 billion. Net income for the quarter jumped 109% to $19.3 billion, with a Q4 forecast of $37.5 billion. #Nvidia #Q3Revenue #AI #Tech #StockMarket

The SEC has distributed $4.6 million to investors affected by BitClave's failed 2017 ICO, which raised $25.5 million. BitClave agreed to pay $29 million to a restitution fund but had only contributed $12 million as of early 2023. Eligible investors filed claims by August 2023, and the SEC completed the review process in March 2024. #SEC #BitClave #ICO #Restitution #CryptoRegulation

MoonPay breaks its November 2023 record for Solana transactions in one day, processing more on November 19 than the entire month of November 2023, with a 295% rise in daily averages. A bull run in Solana and meme coin interest, like PNUT’s rapid growth, may explain MoonPay’s popularity for SOL trades. October’s Venmo integration for meme coins may have eased trading, but exact correlations to the surge remain unclear. #MoonPay #Solana #Crypto #Transactions #BullRun

DWF Labs launches a $20 million fund for meme coin creators, supporting innovative and community-driven projects across all blockchains. Inspired by Hasbulla's cat, the BARSIK token peaked at $0.33 and now trades at $0.22 with a $226 million market cap. The meme coin market cap skyrocketed from $56 billion to $118 billion following Trump’s re-election and a broader crypto bull run. #DWFLabs #MemeCoins #Crypto #Investment

Cardano's Charles Hoskinson backs Coinbase CEO Brian Armstrong for the role of White House "Crypto-Czar," highlighting his regulatory expertise and industry neutrality. While some praise Armstrong's leadership, others criticize his association with centralization and TradFi. The potential creation of a federal crypto advisor signals Trump's intent to modernize US crypto regulations. #Cardano #Coinbase #BrianArmstrong #CryptoRegulation #WhiteHouse

Mantra (OM) price surged 155.29% in the last seven days, breaking a new all-time high on November 18. However, recent indicators like RSI and Ichimoku Cloud suggest a weakening uptrend. OM's RSI is at 52.7, down from overbought levels, indicating a slowdown in buying momentum. The Ichimoku Cloud chart shows OM falling below the Tenkan-sen, approaching the cloud's lower boundary. If the downtrend continues, OM could test support at $2.98 and potentially drop to $1.81. Conversely, a recovery could push OM to new highs, testing the $4.53 resistance zone. #Mantra #OM #Crypto #MarketUpdate

Securitize partners with Elixir to launch a $1 billion program increasing RWA liquidity for institutional investors. The program bridges RWAs with DeFi liquidity, allowing institutions to maintain asset yields while accessing DeFi. Competitors like BNB Chain also target institutions, making it a crowded DeFi market. #Securitize #Elixir #RWA #DeFi #InstitutionalInvestment

DWF Labs launches a $20 million fund for meme coin creators, supporting creative and community-driven projects across all blockchains. Inspired by Hasbulla's cat, the BARSIK token peaked at $0.33 and now trades at $0.22 with a $226 million market cap. The meme coin market cap skyrocketed from $56 billion to $118 billion following Trump’s re-election and a broader crypto bull run. #DWFLabs #MemeCoins #Crypto #Investment

Brazil's Central Bank partners with Chainlink and Microsoft to develop DREX, a trade-focused CBDC. Phase two testing will use Chainlink’s CCIP for blockchain-powered trade finance and payment interoperability. Brazil continues crypto leadership with DREX, the first Solana spot ETF, and plans for comprehensive crypto regulations. #Brazil #CBDC #DREX #Chainlink #Microsoft #Crypto

VanEck pushes for a strategic Bitcoin reserve, joining US leaders like Trump and Lummis. Despite heavy Bitcoin exposure, BlackRock hesitates to endorse reserves, focusing on tokenization. The campaign gains momentum with state-level proposals and international interest. #Bitcoin #VanEck #BlackRock #Crypto #ReserveAsset