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The Republican Party will keep the U.S. House of Representatives for the next two years, raising hopes for comprehensive crypto legislation in the next Congress and securing a Republican trifecta for at least the next two years. Republicans already won the White House with Donald Trump's reelection, and flipped several Senate seats for a majority

Federal law enforcement officials raided the home of Polymarket CEO Shayne Coplan on Wednesday. The prediction market was a breakout success in the U.S. presidential election, a platform where billions of dollars worth of bets were placed on the outcome. Polymarket traders viewed Donald Trump as the likely winner, as indeed he was. 02:47 Bitcoin

Loyal readers of The Protocol will recall that we launched this newsletter on April 26, 2023, to cover technological developments across the blockchain industry, after winding down its predecessor, Valid Points, which was focused exclusively on Ethereum. (In case you're interested in that history, we wrote here about how we turned $15,000 into $70,000 running

Hyla Fund Management is launching a new $30 million fund focused on the Latin American crypto sector. The "funds of funds" specializes in giving investors access to other hedge funds. The Latin American crypto market is still very small, Hyla CEO Paola Origel told CoinDesk, but it’s filled with opportunity. 02:47 Bitcoin Nears $90K; FTX

A revamped version of Bubblemaps, a blockchain analytics and visualization app, aims to help cryptocurrency's plebs identify the whales, using AI and other new features. Bubblemaps launched in 2021 to provide a simplified way for blockchain users to understand the supply distributions of various digital assets. The platform’s latest update seeks to boost transparency in

The film industry is at a moment of transition. The rise of streamers and the increased popularity of YouTube-type media have changed the game. Streamers flooded the market with capital based on unsustainable projections of growth. Now, as financial reality hits, they are scaling back and fewer films are being produced within the studios system

Minneapolis Federal Reserve President Neel Kashkari has been one of the loudest opponents of crypto for years but after a lengthy conversation with CoinDesk, he said he'll keep an open mind. Nevertheless, the former banker struggles to see crypto's real-life use cases, especially given how the industry has been pushing for mainstream adoption — without

Memecoins have taken the crypto world by storm, but not for the reasons you think. According to CoinGecko, memecoins accounted for 14.3% of all transaction volume in Q2 of 2024, making them the biggest narrative in crypto. However, despite their meteoric rise, the way we understand memecoin communities needs a serious rethink. Memecoins are more

Bitcoin blasted through the $90,000 resistance level early in the U.S. trading day and then quickly pushed even higher to top $93,000. The surge was fueled by heavy demand, with the Coinbase Premium Index at its highest level since April. Blackrock's iShares Bitcoin ETF (IBIT) was the fourth-most traded product across all ETFs, with $1.2

Senator Elizabeth Warren, one of the chief U.S. critics of the crypto industry, confirmed she'd be taking the role as the most senior Democrat on the Senate Banking Committee. That panel will be responsible for handling crypto legislation in the coming months. If Democrats can manage to wrest back Senate control in two years, she