France’s betting regulator, ANJ, is set to ban crypto prediction platform Polymarket from accessing the country. 🎰 Polymarket allows users to bet on the odds of events with cryptocurrency and has been particularly popular during the US presidential election. 🇺🇸 ANJ is questioning the legality of the platform and is taking steps to restrict access. However, this can be bypassed by using a VPN. 🔍

India’s crypto exchange WazirX is planning to launch a decentralized exchange (DEX) following the July hack. 😮 Users will be able to control their assets and trade freely. WazirX will also offer DEX-related tokens. The move aims to regain user trust. However, the market is wary of such moves. 📉🔍

SEC seeks speedy resolution against Kraken! 🚨

- The SEC has sought speedy resolution in the Kraken case, targeting the “fair notice” and “material issues” defenses.
- The move draws attention amid rumors that SEC Chairman Gensler could be replaced after Trump’s election victory.
- Could Hester Peirce’s presidency lead to clearer crypto regulations? 🤔

Ripple and others call for regulatory reform! 📢

Pump.fun made a record $30.5 million in revenue in October, thanks to the AI ​​and meme coin craze! 🚀 That’s up 111% from the previous month and surpassing the July record. Meme coins like MOODENG and the concept of the “AI metaverse” are driving this growth. However, despite many coins falling by more than 50% from their peak, interest in new meme coins is still high. 📉

Bitcoin briefly surpassed $75,000 to reach a new high 🚀 However, market volatility is making investors nervous. DOGE surpassed BTC on Upbit, approaching $15 billion in 24-hour trading volume. 📉 Also, Coinbase stands out as the only major exchange that still does not provide a PoR report. Uncertainties continue in the crypto world, investors should be cautious. ⚠️

Ohio Senate race on crypto world radar! 🌐 Incumbent Senator Sherrod Brown is known for his anti-crypto stance, while his opponent Bernie Moreno is a crypto advocate. PACs supporting Moreno have spent $40 million. Moreno (48%) narrowly beats Brown (46.3%) in the polls. This race could be critical for crypto policies! 📊🔍

MEME frenzy in the crypto world after the US elections! 🎭 Trump's victory did not meet expectations; Trump MEMEs are in decline, while Harris tokens are almost zero. More than 1000 new MEME tokens were launched on Solana, but most of them lost more than 90% of their value. 📉 Great hopes ended in great disappointments. Hard times for crypto investors! 💔

As the US elections approach, election-themed memecoins are booming on the Solana and Ethereum networks! 🚀 Over 1,000 new tokens have been issued on Solana in the last 24 hours. The Trump-themed MAGA token has reached a market cap of $1.5 billion, while the Harris-themed KAMA token has lost 50% of its value. 🎢 Be careful, these types of memecoins can often lead to “carpet pull” scams! ⚠️

US Senator Elizabeth Warren has defeated crypto-supporting rival John Deaton in the Massachusetts elections to enter her fourth term. 💼 Warren is known for her critical approach to the crypto industry and aims to tighten the industry with anti-money laundering laws. 📉 Despite receiving support from crypto leaders like Ripple CEO Brad Garlinghouse, Deaton was unsuccessful. ⚖️

Memecoins on institutional investors' radar! 📉

- According to a Bybit report, interest in memecoins increased in 2023, but fell due to market volatility.
- Major investors such as A16z and DWF Labs have started investing in memecoins.
- Memecoins attract attention with their low entry barriers and potential for rapid gains.
- However, investors should be careful; market risks are high. 🚨

Don't forget to DYOR!

The MakerDAO community is voting on whether to keep the “Sky” brand. 🎭 While participation is low, a majority support Sky. Founder Rune Christensen remains neutral on the branding debate, but emphasizes the importance of focusing on growth. The success of the USDS stablecoin is measured by the amount held by real users, not rewards. However, the rebranding has been met with challenges. 📉

As the US presidential election approaches, crypto markets are expected to experience volatility. 🤔 10x Research recommends long Bitcoin and short Solana. The election results could affect the approval of ETFs linked to SOL in particular. Solana could fall 15% if Harris wins, while SOL, BTC, and ETH could rise 5% if Trump wins. Solana’s lower trading fees are also adding pressure. 📉

Whales are selling $AAVE! 🐋

- Address 0x7634 withdrew $25,790 AAVE (about $3.39 million) from Aave and deposited it to MEXC 50 minutes ago.
- Address 0x790c withdrew $7,822 AAVE (about $1.04 million) and deposited it to Binance 3 hours ago.
- Cumberland deposited $10,000 AAVE (about $1.29 million) to OKX 6 hours ago.
- Galaxy Digital sent $7,897 AAVE (about $1.02 million) to Binance 10 hours ago. 📉

A crypto whale spent 13,642 SOL (about $2.22 million) over the last three days to buy $Pnut, $FRED, and $OPK. He has now lost a total of 1.44 million $ . 📉

• 7,142 SOL to buy 14.46 million $Pnut, 553,400 $ loss, down 48%.

• 4,500 SOL to buy 69.88 million $FRED, 621,900 $ loss, down 85%.

• 2,000 SOL to buy 98.76 million $OPK, 267,800 $ loss, down 82%.

Be careful in the crypto world! 🚨

Paxos introduces new stablecoin USDG approved in Singapore! 🎉 USDG is backed by a 1:1 dollar reserve and shares earnings with users. However, there is great competition in the market and Paxos’ old stablecoin BUSD lost market share due to regulatory challenges in the US. Paxos is trying to overcome these challenges by strengthening its compliance strategies and new business models. 📉

🔍 The CertiK team tracked 65 phishing attacks that resulted in $2.43 billion in losses in 2024. Despite announcing its “retirement,” Inferno Drainer is back and ramping up its attacks. The Scam-as-a-Service model facilitates and perpetuates fraud. Users should be wary of tempting offers like free airdrops and avoid unsafe transactions. 🚨🔗

Coinbase wins major US FDIC lawsuit! 🎉 Court orders FDIC to reveal Operation Chokepoint 2.0 letters. These letters instruct banks to stop providing crypto services. Coinbase’s chief legal officer Paul Grewal called this a big step towards regulatory transparency. Crypto policy uncertainty continues… ⛔📉

Trump storm in Polymarket! 🌪️ When the big investor "larpas" sold Trump contracts for $ 3 million, Trump's chance of winning dropped to 58.1%. This move caused panic when crypto analyst GCR announced his profit. 😬 On the other hand, "Théo" invested more than $ 30 million in Trump. He states that he is after profit rather than politics. 📉

Hello crypto enthusiasts! 🚀

- In recent months, DEXs have been rapidly gaining popularity against CEXs. DEX spot trading volume, which was 10% in August, reached 22.53% in November. 📈
- As CEXs like Binance and Coinbase lose traction, users are turning to DEXs. Could this be a sign of DeFi’s rise? 🤔

Keep watching the market!

There's a flurry of activity in the crypto market this morning! 🚀

- DOGE is up 2.72% at $0.162.

- RAY is up 1.87% at $3.297.

- SHIB is up 1.55% at $0.0000173.

But be careful! 🔍

- RPL is down 4% at $8.88.

- ENS is down 3.33% at $15.056.

- TIA is down 3.23% at $4.283.

The market is volatile, be careful when investing! 📉