Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
US Stocks Made an Outstandingly Historic Performance in November
November lit up Wall Street like a New Year’s Eve party, with U.S. stocks delivering some of their most remarkable gains in recent memory. The S&P 500 soared 5.73%, the Dow Jones Industrial Average jumped 7.54%, and the Nasdaq Composite gained 6.21%.
Both the Dow and S&P 500 hit all-time highs during Friday’s shortened trading session in a triumphant end to a month that was nothing short of historic.
Small-cap stocks stole part of the spotlight, with the Russell 2000 Index skyrocketing over 10
Crypto Experts Highlight 3 Tokens Poised to Outpace Ripple By 2025
Ripple (XRP) has been a dominant force in the crypto world, known for revolutionizing cross-border payments. However, as the blockchain space continues to evolve, new projects with innovative technologies and strong ecosystems are emerging as serious contenders. Crypto experts are pointing to three standout tokens—Lightchain AI, Just a Chill Guy, and Solana—as the ones most likely to outpace Ripple by 2025.
1. Lightchain AI: The Next-Gen Blockchain Powerhouse
Coinbase Policy Chief Predicts Swift Crypto Legislation Under Trump
Coinbase’s policy boss, Faryar Shirzad, thinks America’s crypto regulation is about to hit full throttle under Donald Trump’s return to the Oval.
Speaking at a U.K. event hosted by Coinbase-backed advocacy group Stand With Crypto, Shirzad reportedly called the president the most pro-crypto leader in history. “We have the most pro-crypto Congress ever,” he said, referring to Republicans sweeping the House and Senate.
With Trump and his allies running the show, Shirzad predicts the long-stalled
The US traditional financial market continues to surge, with the S&P 500 ($SPX) reaching new all-time highs last week. November’s rally was one of the strongest on record as to generated a 3.42% gain. However, the upcoming economic data remains crucial for the market.
This week will see key releases include manufacturing data, consumer spending, and the all-important jobs report on Friday. As of now, CME shows that the probability of a 25bps rate cut on December 18 is 67%, while the rate unchan
Crypto ETFs Hit Record Highs: $6.5B for Bitcoin, $1.1B for Ether
The demand for US exchange-traded funds (ETFs) linked to the biggest digital assets like Bitcoin (BTC) and Ether (ETH) has reached unprecedented levels fueled by President-elect Trump’s pro-crypto stance. The bullish sentiment peaking can be directly seen in the rising Bitcoin price.
The cumulative digital assets market cap jumped marginally over the day to stand at $3.43 trillion. Its 24 hour trading volume spiked by 18% to hit the $181 billion mark. Analysts suggest that the Bitcoin balance o
New Insights Show Why This Token Could Outperform SHIB in the Next Bull Run
As the crypto market gears up for its next bull run, investors are turning their attention to projects with the potential to deliver explosive gains. While Shiba Inu (SHIB) has been a top performer in previous cycles, new data suggests a rising contender could outshine the popular meme coin. That token is Lightchain AI, a revolutionary blockchain project blending artificial intelligence with decentralized technology. With its innovative approach and growing ecosystem, Lightchain AI is positioned
DMM Bitcoin Exchange Shuts Down After a $321 Million Fraud Incident
DMM Bitcoin, a Japanese crypto exchange is shutting down its operations according to a recent report by Nikkei Asia. The exchange was unable to recover from a massive fraud incident that occurred earlier in May, 2024, resulting in the loss of 48.2 billion yen.
The overall losses of this exchange are equivalent to $321 million. DMM Bitcoin has now confirmed its liquidation and transfer of customer assets to SBI VC Trade by March, 2025. SBI VC Trade is a subsidiary of the SBI group. With this acq
Experts Predict This Low-Cost Crypto Could Revolutionize Blockchain Innovation
In a market dominated by high-profile tokens like Bitcoin and Ethereum, a new low-cost crypto is capturing the attention of analysts and blockchain enthusiasts alike. Lightchain AI, priced at just $0.07 during its presale, is emerging as a transformative force in blockchain innovation. With its unique integration of artificial intelligence (AI) and cutting-edge decentralized technology, experts believe Lightchain AI could redefine how industries leverage blockchain.
Lack of Oversight Crashed Crypto Once. Will Trump’s Deregulation Do It Again?
The last crypto crash didn’t happen because there were too many rules. It happened because there were barely any. Back in 2022, crypto giants treated the market like a game board. Risky bets, shady leverage, and zero accountability made them billions until it all fell apart.
Companies like Terraform, FTX, and Celsius went down in flames, leaving ordinary investors broke. Fast forward to today. Trump’s win has the crypto industry popping champagne. Bitcoin prices have surged nearly 40%, brushing
Cate Blanchett expresses concern that AI could replace jobs and deepen inequality, stressing the need for careful use of AI to benefit society. She calls for thoughtful integration of technology to avoid negative impacts on humanity, with the recent Hollywood writers’ strike bringing AI into the spotlight as a real issue.
Australian actress Cate Blanchett has warned about artificial intelligence (AI). While promoting her new film Rumours, a comedy about world leaders stranded in a forest, Blanc
Ark’s Cathie Wood Predicts Trump-led Deregulation Boost for Tech, AI, and Crypto
Cathie Wood, the CEO of Ark Investment Management, says Donald Trump’s expected return to the White House could open the floodgates for innovation in tech, artificial intelligence (AI), and cryptocurrency.
Speaking on CNN’s Inside Politics Sunday, Wood opened up about what she sees as the suffocating impact of current regulations. She blamed outgoing SEC Chair Gary Gensler for nearly knocking the U.S. off the global crypto map, saying, “The U.S. almost lost our footing in the cryptocurrency wor
XRP Jumps Above $2, Overtakes Solana As 4th Largest Crypto By Market Cap
Ripple’s XRP has managed to surge past $2 after what felt like an eternity, sitting at exactly $2.10 as of press time. Not only that, but the coin has managed to overtake Solana, which used to be considered this cycle’s top performer.
Fox Business journalist Eleanor Terrett marked the occasion with a post on X, saying:
“Wow. Pre-lawsuit, XRP was the third largest cryptocurrency by market cap. When the SEC sued Ripple in December 2020, the price fell from around $0.50 to $0.17, taking out with
Another African Bitcoin Company Backed By Jack Dorsey Completes Its Fundraising Round
Recursive Capital’s Fund I, backed by investors like Jack Dorsey, aims to support African Bitcoin start-up companies, focusing on infrastructure, mining, and cutting-edge technologies. The fund has already invested in several companies and plans to expand Bitcoin innovation across the continent.
Recursive Capital, a venture capital firm focusing on investing in Bitcoin companies across Africa, has successfully closed the first round of its Fund I.
Elon Musk Takes Legal Action to Stop OpenAI From Becoming a For-profit
Elon Musk wants OpenAI to hit pause. He’s asking a federal court to stop the AI giant from switching into full-for-profit mode.
Elon’s lawyers, joined by his AI company xAI and former OpenAI board member Shivon Zilis, filed for a preliminary injunction on Friday. The filing accuses OpenAI of playing dirty, allegedly pressuring its investors to avoid backing competitors like xAI. Elon says this isn’t just unfair—it’s illegal.
He first sued the company in March 2024 in San Francisco state court.
Tom Lee of Fundstrat Predicts Bitcoin Will Reach $250,000 in a Year.
Tom Lee is positive about Bitcoin, predicting it could hit $100,000 soon and $250,000 within a year. He believes factors like the halving cycle, more support from institutions, and the U.S. government’s positive attitude will push its price up. Lee also sees Bitcoin as a way to protect against inflation, like gold, and advises investors to stick with it, even as other cryptocurrencies grow.
In a recent discussion with Anthony Scaramucci, Tom Lee, Chief Investment Officer of FundStrat, outlined
Americans Are More Bullish Than They’ve Ever Been on the Stock Market
A record-breaking 56.4% of Americans think the stock market will rise over the next 12 months, according to the latest Conference Board Consumer Survey. This figure has doubled in just two years, signaling the highest level of optimism ever recorded.
In November, the gap between those expecting stock prices to climb and those predicting declines hit a historic 35%. This is happening while the S&P 500 approaches a massive milestone: its first annual gain of over 30% since 1997.
Analysts Say Bitcoin Is Poised for $100k Now That Long-term Holders Have Stopped Selling
Crypto analyst James Van Straten believes that Bitcoin will cross $100,000 as long the demand for the flagship continues to outstrip supply. Van Straten shared this view in a post on X (formerly Twitter), noting a net accumulation of 87,000 BTC over the last 30 days.
According to the analyst, the return to accumulation is a great sign, showing that long-term holders (LTHs) selling off the flagship that has been taking profits have finally slowed down. Based on his analysis, this sell-off has be
US Bitcoin ETFs Now Hold 5% of Total Supply: How Far Are We From the Wall Street Takeover?
Bitcoin, the once-rebellious digital asset born to disrupt traditional finance, is slowly becoming a trophy in the hands of institutions.
US Bitcoin exchange-traded funds (ETFs) now hold more than 1 million Bitcoin, which equals 5% of the total supply. That’s nearly the same amount reportedly sitting in the untouched wallet of Satoshi Nakamoto, the crypto’s own creator.
With Wall Street increasing its grip on Bitcoin and talks of a US government Bitcoin stockpile gaining traction, the crypto c
Coinbase’s Brian Armstrong Calls AML Regulations a U.S. Policy Failure, Believes Elon Musk Can Fi...
Brian Armstrong, CEO of Coinbase, has branded America’s current Anti-Money Laundering (AML) regulations an economic disaster. He said these rules bleed $213 billion from the global economy every year while failing miserably to curb criminal activity.
Brian cited a report from the United Nations, revealing that just 0.2% of illicit transactions are intercepted. “Sounds like a job for Elon Musk’s Department of Government Efficiency (D.O.G.E),” Brian quipped.
America Has a Debt Disaster. Just How Far Has It Spiraled?
America’s national debt is a monster that keeps growing. At $36 trillion, it’s the highest in history, with no signs of slowing down.
In 16 years, the debt-to-GDP ratio has doubled, now sitting at 121%. Compare that to World War II, when it maxed out at 119%. Back then, the country was fighting global tyranny. Now? The debt is ballooning because of poor fiscal planning and relentless spending.
Since 2008, the federal debt has skyrocketed by $26.6 trillion, nearly tripling, while the economy on