Crypto

The rumored nomination of Michael Selig follows the CFTC nomination process hitting a snag in September when Brian Quintenz was withdrawn. US President Donald Trump is planning to nominate Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC), after pulling back the nomination of Brian Quintenz. Bloomberg reported the news on Friday, citing an unnamed Trump administration official. No official announcement has been made at the time of this writing. Selig currently serves as the Securities and Exchange Commission’s crypto task force chief counsel and senior adviser to SEC Chair Paul Atkins. He has been characterized as “pro-crypto” by some analysts and influencers in the crypto community, who celebrated the potential nomination. Read more

The rumored nomination of Michael Selig follows the CFTC nomination process hitting a snag in September when Brian Quintenz was withdrawn. US President Donald Trump is planning to nominate Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC), after pulling back the nomination of Brian Quintenz. Bloomberg reported the news on Friday, citing an unnamed Trump administration official. No official announcement has been made at the time of this writing. Selig currently serves as the Securities and Exchange Commission’s crypto task force chief counsel and senior adviser to SEC Chair Paul Atkins. He has been characterized as “pro-crypto” by some analysts and influencers in the crypto community, who celebrated the potential nomination. Read more

Selig, chief counsel for the SEC’s pro-crypto task force, is the president’s latest choice to run the CFTC, according to a Bloomberg report.

Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points:  ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount.  Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market.  Read more

Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points:  ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount.  Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market.  Read more

Bitcoin sellers put a cap on $112,000, but technical, onchain data and the end of October US macroeconomic calendar suggest that the price compression will trigger a violent expansion. Key points:  ETF inflows and spot accumulation by retail and institutional investors highlight the belief that Bitcoin trades at a discount.  Next week’s US macroeconomic calendar events should bring a resolution to a handful of fear catalysts that are suppressing prices across the crypto market.  Read more

Ethereum trades near $4K as analysts watch for a breakout from resistance. A move above $4,100 may trigger a relief rally.

DraftKings buys Railbird, Canaan rebounds from near-delisting, and Zelle embraces stablecoins in this week's Public Keys.

The two banks have moved from pilot to production with a platform that lets U.S. lenders issue interoperable tokenized deposits compliant with the GENIUS Act.

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

On Polymarket, bettors tracking pardon outcomes have moved odds for SBF from 6% to 12.5% within a day before settling near 9.7%. The shifts have come as he has appealed his 2023 conviction and a November 3 New York court date has neared. The post SBF Polymarket Odds Shot Up After Trump Pardoned CZ – But Will The Momentum Last? appeared first on Cryptonews.

Publicly traded video sharing and livestream platform Rumble is adding Bitcoin tipping for its creator base.

US President Donald Trump said Binance founder Changpeng Zhao had "a lot of support" from the crypto industry and was widely recommended for a pardon. Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday. “Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump. He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the US, according to Bloomberg. Read more

US President Donald Trump said Binance founder Changpeng Zhao had "a lot of support" from the crypto industry and was widely recommended for a pardon. Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday. “Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump. He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the US, according to Bloomberg. Read more

US President Donald Trump said Binance founder Changpeng Zhao had "a lot of support" from the crypto industry and was widely recommended for a pardon. Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday. “Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump. He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the US, according to Bloomberg. Read more

Ethereum needs a 30% pump while gold requires 20% to reach $5K. But predicting which crosses the finish line first isn't as easy as that. Here's why.

BNB Price Prediction has analyzed a bullish structure as BNB has broken above the 2022 pattern, amid BNB Chain growth to 2.5M DAU, $67B DEX volume, and new integrations like Axiom and Polymarket. It maps levels at $1,164, $1,336, $1,592, with support near $1,000 and risk of a $900 retest. short term The post BNB Price Prediction: CZ Welcomes Solana Trading Bot Axiom to BNB Chain, Is a 50% Rally to $1,500 Next? appeared first on Cryptonews.

Maxine Waters has criticized Donald Trump’s pardon of Binance founder CZ, noting his 2023 guilty plea and penalties. She has argued the move has raised investor protection concerns and renewed debate over Binance’s leadership and the possibility of CZ returning to an executive role. The post Rep. Maxine Waters Lambasts Trump’s CZ Pardon In Scathing Statement appeared first on Cryptonews.