PEPE hits new highs following several major exchange listings. Pepe (PEPE), the largest Ethereum-based memecoin by market capitalization, is on track to continue the recovery it began on Nov. 5. PEPE has climbed approximately 230% from its Nov. 5 low of around $0.0000078, bringing its price up to an all-time high of $0.00002597 on Nov....Continue Reading
Portal Ventures’ new fund will back pre-seed rounds for crypto startups, aligning with the growing VC focus on early-stage activity in 2024. Portal Ventures has closed its second fund, raising $75 million to invest in pre-seed Web3 startups. The fund includes backing from investors such as a16z’s Marc Andreessen and Chris Dixon, along with the...Continue Reading
The proposed legislation would allow the State of Pennsylvania’s Treasurer to invest up to 10% of its funds in Bitcoin, suggesting a multibillion-dollar investment. Pennsylvania State Representative Mike Cabell has introduced legislation in the state’s House of Representatives to permit its treasury to hold up to 10% in Bitcoin on its balance sheet. In a...Continue Reading
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs. United States Securities and Exchange Commission (SEC) Chair Gary Gensler, potentially only weeks away from being removed by President-elect Donald Trump, has reiterated his position on crypto policy...Continue Reading
World Liberty Financial’s WLFI token is only available to accredited investors inside the United States and non-US residents. President-elect Donald Trump’s decentralized finance platform World Liberty Financial has announced an integration with Chainlink’s price feeds to provide real-time, tamper-proof data to the DeFi project. According to a November 14 announcement, WLFI will leverage Chainlink oracles...Continue Reading
Crypto analyst Jamie Coutts cautioned traders to “be careful” when margin trading Bitcoin, given the growing strength of the US dollar. The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets....Continue Reading
Surging activity in onchain and derivatives metrics suggests that Solana’s bullish momentum is set to continue. Solana (SOL) price is up 13% over the last seven days to trade at $218 on Nov. 14. Data from Cointelegraph Markets Pro and TradingView showed Solana price rose from a low of $156 on Nov. 5, climbing as...Continue Reading
Gaetz’s nomination for US attorney general signals a potential shift in the DOJ’s stance on crypto, innovation and regulatory policies. United States President-elect Donald Trump nominated Representative Matt Gaetz for Attorney General on Nov. 13, prompting Gaetz to announce his resignation from Congress “effective immediately.” The resignation ends Gaetz’s tenure in the House of Representatives,...Continue Reading
Bitcoin price surpassing $100,000 is within reach. The crypto laser eyes craze has turned from a delusional and flashy trend to a backed statement by actual fundamentals followed by some politicians. Since Donald Trump took office, crypto markets have surged to new heights, where a $100,000 Bitcoin price (BTC) is nearly within reach. Holders who...Continue Reading
Did the FBI token infringe copyright rules? Who should be responsible for AI agents and their crypto activities? Crypto lawyers weigh in. Each month, our panel of crypto lawyers looks at the legal implications of some of the thorniest problems facing the industry in different jurisdictions around the world. United States authorities have recently charged...Continue Reading
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