Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The …

Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista. Source: https://www.coindesk.com/opinion/2024/11/20/defis-renaissance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stellar was also among the top performers, gaining 6.5% from Tuesday. Source: https://www.coindesk.com/coindesk-indices/2024/11/20/coindesk-20-performance-update-ada-gains-101-as-index-continues-higher/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

BlackRock’s IBIT was the first bitcoin ETF to launch with options tied to it. The rest of the pack is coming today. Source: https://www.coindesk.com/markets/2024/11/20/bitcoin-etf-options-introduction-marks-milestone-despite-position-limits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap. Source: https://www.coindesk.com/markets/2024/11/20/microstrategy-breaks-into-the-top-100-us-public-companies-by-market-cap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices. Source: https://www.coindesk.com/markets/2024/11/20/dogecoin-xrp-trading-volumes-flip-bitcoins-in-south-korea/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The tokenized assets will initially be made available on Hedera Hashgraph, XRPL and Arbitrum. Source: https://www.coindesk.com/business/2024/11/20/crypto-exchange-archax-to-offer-tokenized-money-market-funds-from-state-street-fidelity-and-lgim/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Woo X plans to invite bets on weekly copy trading competitions between the most copied human traders and George, the AI. Source: https://www.coindesk.com/business/2024/11/20/crypto-exchange-woo-x-adds-ai-powered-trader-george-ai-to-its-copy-trade-app/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC Source: https://www.coindesk.com/tech/2024/11/20/coinbase-delists-wrapped-bitcoin-wbtc-citing-listing-concerns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines