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Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
Bitcoin (BTC) just hit a new all-time high, but Ethereum’s ether (ETH) is the bigger winner.
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Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump
With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.
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French Regulator Says It’s ‘Examining’ Polymarket
The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election
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Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
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Former FTX CTO Gary Wang Asks Court for No Jail Time
Sam Bankman-Fried’s one-time friend and college roommate will be the fourth FTX executive to be sentenced.
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UK Lords Echo Support for Digital Assets Property Bill
The bill could aid in efforts to remain at the forefront globally, Lord Frederick Ponsonby of Shulbrede said.
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Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale
World Liberty Financial slashed its fundraising goal from $300 million to $30 million last week.
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Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
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In Win for Polygon’s AggLayer, Magic Labs Unveils Chain Unification Network ‘Newton’
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.
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VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.