Trump Reportedly Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary

U.S. President-elect Donald Trump is close to naming hedge fund manager Scott Bessent, a cryptocurrency enthusiast, as his pick for Treasury Secretary, according to Bloomberg and other media outlets. If the Senate confirms him, the next person whose signature adorns U.S.…

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Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February

The sudden resignation announcement of a second Democrat from the U.S. Securities and Exchange Commission, Jaime Lizárraga, could give Republicans a boost as they start work changing the agency's policy direction. Lizárraga's announcement comes a day after Chair Gary Gensler said…

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Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet

Popular memecoin Dogecoin (DOGE) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service. Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile.…

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Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain

Phantom, a decentralized crypto wallet, has overtaken Coinbase (COIN) in the Apple App Store rankings, reflecting an on-chain shift as traders embrace high-risk memecoins. TikTok videos are teaching people how to navigate wallets that are harder to use than centralized exchanges…

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First Mover Americas: Rotation to Altcoins Has Started With Gensler’s Exit Date Set

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices 'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor…

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Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’

Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.…

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Cardano’s ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B

Cardano's ADA hit the highest level since May 2022. On-chain activity shows large traders are participating in the price rally. Bitcoin Nears $100K as BTC Battles Pullback with Bullish Sentiment The Comeback of Bitcoin Programmability Like 'Renaissance': Portal VC Founder Trump…

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