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December 4, 2024
Jared Isaacman comes with deep fintech experience and a working relationship with Elon Musk and SpaceX. President-elect Donald Trump announced on Dec. 4 that Jared Isaacman, a billionaire fintech CEO, ace pilot, and the first person to bet on sports from outside the Earth’s atmosphere, would become the next commissioner of NASA, pending congressional approval. ...
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Venture capital firm a16z sees use cases powered by AI and blockchain technologies among growth drivers in 2025. Venture capital firm Andreessen Horowitz (a16z) has named key sectors within the crypto industry for the upcoming year, highlighting use cases for tokenization and the integration of artificial intelligence with blockchain technology as potential growth drivers. According...
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US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins. Binance.US has listed popular memecoin Pepe (PEPE) as US cryptocurrency exchanges vie for a share of the lucrative memecoin market. Trading PEPE against Tether (USDT), a stablecoin, will begin on Dec. 5 at 6:00 am. Eastern, Binance.US said on Dec. 4. “Since...
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Hedera, Stellar, XRP, Algorand and Cardano rallied 250% in 30 days. Is a price correction looming? A select group of altcoins has seen remarkable gains exceeding 250% in the past 30 days, including Hedera (HBAR), Stellar (XLM), XRP, Algorand (ALGO), and Cardano (ADA). This rapid surge has left traders questioning the rally’s sustainability and looking...
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The president-elect called Atkins a “proven leader for common sense regulations” due to his prior experience as an SEC commissioner. President-elect Donald Trump has nominated pro-crypto Paul Atkins to replace Gary Gensler as the new chief of the United States Securities and Exchange Commission (SEC). In a Dec. 4 announcement, Trump highlighted Atkins’ track record...
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India is a leading country on crypto adoption, with digital asset revenues expected to surpass $6 billion in 2024. Digital assets platform BitGo is in discussions with India’s crypto watchdog to enter its multibillion-dollar local market.  The company has been holding “active conversations” with India’s Financial Intelligence Unit (FIU), BitGo chief operating officer Chen Fang...
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There is a key disconnect between India’s top crypto adoption metrics and the lack of widespread cryptocurrency use. Opinion by: Mithil Thakore, CEO of Velar India’s top ranking in Chainalysis’ Global Crypto Adoption Index for the second consecutive year paints a picture of heightened enthusiasm for digital assets. However, a closer examination reveals a different...
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Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin. New York City Mayor Eric Adams, currently facing wire fraud and conspiracy charges, appeared to mock attendees at the groundbreaking ceremony for a museum over his Bitcoin holdings.  Speaking at the American...
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NFTs have started to recover, recording a monthly sales volume of $562 million in November. In this week’s newsletter, read about how non-fungible tokens (NFTs) recorded $562 million in monthly sales volumes and how popular NFT project RTFKT, acquired by Nike in 2021, is winding down its operations. In other news, Yuga Labs has acquired...
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Bitcoin may consolidate in the near term while select altcoins continue to outperform. Bitcoin (BTC) has been consolidating close to $100,000 for a few weeks and data indicates that every minor dip is being purchased. According to data from SoSoValue, United States-based spot Bitcoin exchange-traded funds witnessed inflows of $676 million on Dec. 3. Capriole...
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