What is Dogwifhat (WIF)?

Backed by a community that appreciates the coin’s charm and humor, WIF has surpassed even well-known memecoins like Shiba Inu (SHIB) and Pepe (PEPE) in trading volume. 

Launched in Nov. 2023, Dogwifhat (WIF) is a Solana-based memecoin presenting the image of a Shiba Inu dog wearing a pink knitted hat. Rather than positioning itself as a symbol of progress or a vision for the future, WIF keeps it simple, embracing its meme identity without any grand aspirations. Even th

Scott Bessent, one of the leading candidates for United States Treasury Secretary in President-elect Donald Trump’s incoming administration, has a friendly stance on cryptocurrencies like Bitcoin.

Bessent, founder of Key Square Group and former Soros Fund Management investing chief, is “very pro-crypto,” Fox Business journalist Eleanor Terrett said in a Nov. 11 X post.

Scott Bessent, one of the leading candidates for the US Treasury Secretary under Donald Trump’s administration. Source: Reuter

The crypto industry smashed all lobbying records in 2024 as President-elect Donald Trump secured a second term to return to the White House.

All across America, in key battleground states, money from crypto lobbyists made its mark. One of the biggest wins came in Ohio, where Republican Bernie Moreno ousted Democrat Sherrod Brown at a cost to crypto lobbyists of $40 million.

Brown, a crypto skeptic, was also chair of the Senate Banking Committee. Moreno’s victory removes a major crypto roadbloc

Cryptocurrency markets may be overheating during the current parabolic rally, with some industry leaders warning of an incoming deleveraging ahead of the next leg up.

Crypto investor sentiment has risen to 80, or “extreme greed” on Nov. 12, a day after Bitcoin (BTC) price surpassed the $85,000 record high on Nov. 11, according to data from the Crypto Fear & Greed Index from alternative.me.

Crypto Fear & Greed Index, three-month chart. Source: alternative.me

The last time the index had a score

Ethereum researcher Justin Drake has proposed a redesign of Ethereum’s consensus layer, suggesting a shift from the current Beacon Chain to a new “Beam Chain.”

At the Devcon event in Bangkok, Thailand, Drake argued that transitioning to a Beam Chain could bring Ethereum “much closer to the final design” envisioned for the network.

Justin Drake presents the Beam Chain proposal at the Devcon event in Bangkok, Thailand. Source: Cointelegraph

During the presentation, the Ethereum researcher tried

Opinion by Sam Patton, chief operating officer at DriftZone.

There’s just one problem — Western Web3 games have a poor track record of clicking with Asian audiences. To solve that, gaming studios need to transform their development philosophies. They need to tap into what makes Asian games successful.

In Japan, a common phrase is, “Yo-ge, kuso-ge,” meaning “Western games are sh*t.” Do they have a point? Asian games have performed well in the West. Look at Final Fantasy, Tekken, Mario, Zelda, P

Bitcoin’s price surge to nearly $90,000 in early November sparked a massive influx of funds into spot Bitcoin exchange-traded funds (ETFs) in the United States.

On Nov. 6, Bitcoin (BTC) commenced a bull run that catapulted its price from the $69,000 mark to nearly $90,000 in just seven days. The surge in Bitcoin’s price, driven by positive market sentiment and the fear of missing out (FOMO), led both retail and institutional investors to increase their exposure to Bitcoin.

As a result, investm

Bitcoin is edging closer to the $90,000 mark after recording its largest daily gain in history.

The Bitcoin (BTC) price is nearing the $90,000 record high after staging the best weekly return since the March 2023 banking crisis in the United States. 

After surpassing the $85,000 record high on Nov. 11, Bitcoin recorded its best daily gain in history, soaring over $8,400 in a single day, according to Alex Thorn, the head of research at Galaxy, who wrote in a Nov. 12 X post:

“November 11, 2024,

Bitcoin held by El Salvador and Bhutan has significantly increased in value as crypto markets continue their upward momentum.

On Nov. 12, Cointelegraph Markets Pro data shows that Bitcoin (BTC) reached a new high of $89,700, pushing its overall market capitalization nearer to $2 trillion. 

Bitcoin’s seven-day price chart. Source: Cointelegraph Markets Pro

Because of the price increase, the two countries’ BTC holdings also showed significant gains. 

El Salvador’s Bitcoin grew by $100 million

Bitcoin’s rally shows no signs of slowing as it edges toward $90,000 in what is shaping up to be its best weekly run since the United States banking crisis in 2023.

The Bitcoin (BTC) price surpassed the $85,000 record high on Nov. 11, but just as a temporary pit stop. The world’s first cryptocurrency is trading at $88,879 as of 8:14 am UTC, up over 29% during the past week, Cointelegraph data shows.

BTC/USD, 1-month chart. Source: Cointelegraph

The nearly 30% weekly return marks Bitcoin’s bes

An Ethereum researcher’s social media post has sparked speculation over a potential solution for the layer-1 blockchain’s scalability challenges.

On Nov. 11, Ethereum researcher Justin Drake posted on X that he would announce an “ambitious” initiative for Ethereum. Drake said he had contemplated a “from-scratch” redesign of the Ethereum consensus layer, which some interpret as a step toward solving its scalability issues.

Source: Justin Drake

The researcher said his goal would be to suggest a

A crypto memecoin investor holding Gigachad (GIGA) tokens has lost $6.09 million in a phishing attack involving a fake Zoom meeting link.

On Nov. 12, GIGA recorded an unusual price drop triggered by a massive sell-off event. Soon after, a prominent pseudonymous GIGA investor ‘Still in the Game’ proactively alerted against the involvement of a hacker:

“Just want to be transparent - the massive sell on $GIGA today was due to one of my wallets being drained by a fake Zoom link. This hurts bad but

The United States spot Ether exchange-traded funds (ETFs) have recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory. 

The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing its previous record of $106.6 million on launch day. 

The Fidelity Ethereum Fund (FETH) led the pack with $115.5 million in inflows — a record for the fund — while the BlackRock-issued iShares Ethereum Trust ETF (ETHA) ca

The world’s largest stablecoin issuer, Tether, has launched an open-source wallet development kit (WDK) to enable businesses and developers to integrate non-custodial wallets into any website or app — and it’s even designed to work with AI agents.

On Nov. 11, Tether announced the launch of its WDK Wallet Development Kit, which it described as a modular software development kit “designed to empower businesses and developers to seamlessly integrate non-custodial wallets and user experiences for U

The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s election win.

Decision Desk HQ called the race for the House at 12:13 am UTC on Nov. 12, projecting the GOP would win the 218 seats needed for a majority after it projected Republican Juan Ciscomani would be reelected to represent Arizona’s 6th congressional district.

There are eight seats still left to call, according t

Donald Trump’s election victory in the United States is unlikely “the main story” behind Bitcoin’s recent pump — with an analyst pointing instead to a post-halving supply shock. 

“If you’re wondering what’s happening with #Bitcoin… Yes, the incoming Bitcoin-friendly administration has provided a recent catalyst… But, that’s not the main story here,” said Onramp Bitcoin co-founder Jesse Myers in a post on X on Nov. 11. 

“The main story here is that we are 6+ months post-halving.”

The Bitcoin (

Crypto market capitalization has reached a new all-time high of $3.12 trillion — and is now close to surpassing France’s gross domestic product (GDP). 

On Nov. 11, total crypto market capitalization soared 7% over 24 hours, due mainly to a sudden surge in Bitcoin, which rallied to $89,500. 

If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.

Meanwhile, Bitcoin’s market cap alone

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase.

In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was part of a “commitment to embracing the latest in financial technology” as demand increases for “digital currency transactions in the technology sector.”

Nano Labs said it was taking a

Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume.

The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according to Bloomberg Intelligence data cited by Bloomberg ETF analyst Eric Balchunas.

“Lifetime records being set all over the pla

On Nov. 11, 2022, then-FTX CEO Sam Bankman-Fried resigned, handing the company’s reins over to John Ray, who immediately filed for Chapter 11 bankruptcy protection in the United States. The day marked the beginning of the end of what was once one of the world’s most prominent and influential cryptocurrency exchanges. 

US authorities charged Bankman-Fried and four of his associates with fraud. FTX users and creditors saw billions of dollars worth of funds locked out of their reach in an exchange