Recently, investors are enthusiastic about the prospects of the cryptocurrency industry under the leadership of US President-elect Trump, which has triggered a wave of speculation. A series of small cryptocurrencies have outperformed Bitcoin, among which Dogecoin (DOGE) has risen by about 50% in the past five days. In addition, ADA has risen by more than 60% during this period, driven by Cardano founder Charles Hoskinson's podcast to discuss plans to cooperate with Washington lawmakers. Meanwhile, Polygon (POL), Cosmos (ATOM), Solana (SOL) and Algorand (ALGO) have all exceeded Bitcoin's five-day increase of about 7%. Caroline Bowler, CEO of digital asset exchange BTC Markets Pty, said: "Rising tides lift all boats, and the rise of Bitcoin has spread to altcoins relatively quickly. The entire crypto industry is expected to be a net beneficiary of the Trump administration." (Bloomberg) Earlier, Charles Hoskinson has confirmed plans to work with the US government under Trump to help develop cryptocurrency legislation, with the goal of creating a clear regulatory framework for the industry.

South Korean trader Definalist transferred 14,770 SOL ($3.03 million) from Binance to buy Pnut and ACT. He spent 12,000 SOL ($2.46 million) to buy 9.24 million Pnut at $0.266, and spent 2,000 SOL ($410,000) to buy 2.04 million ACT at $0.2. Definalist explained his operation on the social platform, saying, "We are a little slow, but it is indeed legal (still within the $1 million profit range). Before Moodeng went public, we scanned the wallet data of those who were considered "insiders" and screened out 5 wallets. Today, we identified a wallet that we are sure is an "insider". 22JYebQtQSLchTXiRJVCx7hpPamN1YzLJKHET52S6eBm"

According to PANews, Ishiba Shigeru, leader of Japan's Liberal Democratic Party, has been re-elected as the Prime Minister after defeating Yukio Edano, head of the opposition Constitutional Democratic Party, in the final round of the House of Representatives' prime ministerial nomination election. Ishiba secured 221 votes out of 465 members of parliament. Prior to this, he had already won the prime ministerial nomination election in the House of Councillors. Ishiba Shigeru has previously expressed that blockchain and NFTs could boost regional economies. On October 1, he was elected as Japan's 102nd Prime Minister and made headlines by dissolving the House of Representatives just eight days into his term, setting a post-war record for the fastest dissolution after a prime minister's election. On October 27, the new House of Representatives election took place, where the ruling coalition of the Liberal Democratic Party and Komeito failed to secure a majority of seats. According to Japan's constitution, a special session of the National Diet must be convened within 30 days following a House of Representatives election to conduct the prime ministerial nomination election.

According to Odaily, Justin Drake, a core researcher at the Ethereum Foundation, announced on platform X that he will reveal a significant plan on the main stage of Devcon tomorrow at 5 PM UTC+8. Drake has spent the past year contemplating a complete redesign of Ethereum's consensus layer. His objective is to propose a robust strategy for launching an ambitious and exciting roadmap for the beacon chain within a reasonable timeframe. Drake's proposal comes after months of collaboration with researchers and consensus developers. He expressed readiness to publicly present his ideas, emphasizing the importance of community involvement. While it is still early in the process, Drake highlighted that achieving preliminary consensus on this new approach to the consensus layer roadmap is crucial. The Ethereum community's participation will be vital in shaping the future direction of this initiative.

Immutable said in a Nov. 11 announcement that Web3 games face disruption because players often need to approve transactions or interact with wallets outside of the game. Immutable Protocol’s new feature, “Pre-Approved Transactions,” is designed to let developers integrate transaction approvals directly into the game interface. The company said that with the newly released feature, it has eliminated the need for out-of-game signatures and confirmations. The protocol believes that this can open the way for more advanced features such as in-game item trading, crafting, and marketplaces. Immutable also believes that the feature will benefit Web3 game developers.

이더리움 가격은 8월 초부터 계속된 조정 구간에서 벗어나려는 여러 시도에 직면했으며, 약 2700달러에서 움직이고 있습니다. 그러나 비트코인 가격 상승에 의해 촉발된 최근 랠리는 이더리움의 장기 보유자들이 판매하지 않고 자신의 포지션을 유지할 경우 계속될 수 있습니다. 장기 보유자들의 이러한 자제력은 이더리움의 상승 잠재력을 지지하는 데 중요할 것입니다. 이더리움 고래 활동 14주만에 최고 수준 이더리움 고래의 활동이 14주 만에 최고치로 치솟아 대규모 투자자들 사이에서 관심이 증가하고 있습니다. 지난 주에는 1백만 달러를 초과하는 거래가 8482건에 달해 8월 이후 최고치를 기록했습니다. 이와 함께 고래 거래량은 104억 달러를 넘어서며 이들 대형 지갑 보유자의 중요성을 강조합니다. 그들의 행동은... source: https://kr.beincrypto.com/base-news/82302/

Alameda Research, the trading subsidiary of bankrupt crypto exchange FTX, has filed a lawsuit against Aleksandr Ivanov, the founder of Waves and its affiliated entities, seeking to recover at least $90 million. In a filing on Sunday, Alameda said it seeks to transfer $90 million worth of assets owned by debtors in the Alameda and FTX bankruptcy cases, adding that Alameda had previously deposited those assets on Vires.Finance, a liquidity platform operating on Waves. According to the filing, in March 2022, Alameda deposited about $80 million in USDT and USDC on Vires, which were allegedly converted into about $90 million worth of USDN. Vires users are encouraged to deposit assets into Vires through the Waves blockchain to earn rewards or interest and gain governance rights to the Vires DAO. Alameda stated: "While Ivanov marketed Waves and Vires as opportunities for lenders and other users to make lucrative profits, Ivanov secretly orchestrated a series of transactions that artificially inflated the value of WAVES while siphoning funds from Vires." Alameda noted that the debtor "repeatedly attempted to regain custody of the frozen assets" and that Ivanov "agreed to participate in a call with the debtor in January 2023." However, the document states that Ivanov has since ignored all other efforts of the debtor. In the past few days, the FTX bankruptcy estate administrator has filed more than 20 lawsuits against various entities to recover creditors' funds. (The Block)

The post Can Cryptocurrency Beat Inflation? Bitcoin vs. CBDCs Explained appeared first on Coinpedia Fintech News The average inflation rate for the world in 2023 was 5.69%, impacting the quality of life of people worldwide. Inflation is generally characterized by currencies losing value over time and an increase in the price of consumer goods. But these price spikes are nothing compared to the... source: https://coinpedia.org/news/can-cryptocurrency-beat-inflation-bitcoin-vs-cbdcs-explained/

Russia didn’t throw the US dollar out the window. According to President Vladimir Putin, the country got the boot. Speaking at the Valdai Discussion Club’s recent session, Putin made it clear that the idea of Russia choosing to reject the dollar was nothing but a myth. “We—Russia in any case—do not reject the dollar and […] source: https://www.cryptopolitan.com/putin-russia-never-ditched-us-dollar/

Justin Drake, a core researcher at the Ethereum Foundation (EF), said in a post on X: "Tomorrow at 5 pm, I will announce a major plan on the Devcon main stage. For a year, I have been thinking about what a redesigned Ethereum consensus layer would look like. My goal is to come up with a reliable strategy to launch an ambitious and exciting beacon link map within a reasonable time frame. After months of brewing with researchers and consensus developers, I am finally ready to publicly propose my proposal. It is still too early, and if this new approach to solving the consensus layer roadmap can reach a preliminary consensus, your participation is crucial."

A South Korean court upheld a bank’s decision to fire an employee for “habitual” crypto gaming and improper private money lending to clients, uncovered in an internal audit. The employee appealed, claiming the dismissal was unjust.

ByteDance is expanding its AI efforts with Doubao, a chatbot now capable of generating realistic videos from text and images. This move strengthens ByteDance's position in China's fast-growing AI market, though it faces tough competition from rivals like Kuaishou.

Ethereum co-founder Vitalik Buterin just shared a new concept called "Info finance", which extends beyond traditional predictions markets by merging information with finance on blockchain.

Roman Sterlingov, founder of the Bitcoin Fog crypto mixer, was sentenced to 12.5 years in prison for laundering over $400 million linked to illegal activities. He was also ordered to forfeit $395.5 million and his share in a Bitcoin wallet holding 1,345 BTC, worth over $103 million.

Polymarket is considering a token launch to sustain its recent trading surge. However, it faces challenges, including growing regulatory scrutiny. The key question is whether it can maintain its post-election momentum or will be remembered solely for its election-driven success.

,8 major trends worth watching in the DeFi field next Golden Finance,As these innovations become more popular, DeFi will continue to push the boundaries of what is possible

From November 6th to 19th, 2024, Thailand Blockchain Week will be launched.

The future of cryptocurrency is bright in the United States, bringing the best of cryptocurrency to the world

A crypto expert and gang leader was assassinated in broad daylight under the hands of his own man at one of the busiest airports in the country.

Delabs Games, creator of Rumble Racing Star, is diving into Telegram’s TON ecosystem with a Ragnarok release in Q1 2025, followed by Boxing Star in Q3—broadening its gaming presence and fan engagement on the platform.