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OVERVIEW

That Wasn't Powdered Sugar On Crypto's Morning Doughnut

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

*If you’re a business and want to access this data via our API, email us.

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Crypto News 📰

💸 Algorand Staking Rewards: The December Gift That Keeps on Giving

Get ready, Algorand fans: staking rewards are coming in December. No slashing, no lockup, and payouts every 2.8 seconds. It’s like the holiday season—but for your crypto bags. Algorand Foundation’s X.

🚫 Ripple CEO to Trump: Fire Gensler

Ripple CEO Brad Garlinghouse isn’t wasting time—he wants Trump to fire SEC Chair Gary Gensler on Day 1. With Ripple battling the SEC for years over XRP, Garlinghouse is pushing for a leadership change to bring "clarity" to U.S. crypto rules. He’s even suggesting pro-crypto replacements like Brian Brooks or Christopher Giancarlo to replace Gensler, adding that bipartisan support could be key to real progress. Brad Garlinghouse’s X.

🏛️ Pro-Crypto Republicans Win House Seatss

Pro-crypto Republicans Jeff Hurd and Scott Perry snagged wins in tight House races, inching Republicans closer to a majority. Both are vocal supporters of the FIT21 bill, which intends to bring "sensible" crypto regulations. With more pro-crypto lawmakers set to join Congress and Trump promising a shake-up at the SEC, the next term could be the most crypto-friendly Congress yet. Cointelegraph.

💥 Cardano Climbs Back into Top 10

Cardano surged back to the top 10, pushing TON down to 11th as crypto markets reacted to Trump’s win. Cardano’s recent partnerships and tech updates are paying off, with an 8.9% gain that puts its valuation at $13.7 billion. Meanwhile, TRON is close on its heels, so ADA fans will be watching their ranks closely. DailyCoin.

💀 Peter Brandt Slams Ethereum as ‘Completely Broken,’

Peter Brandt is doubling down on his Ethereum criticism, calling it a "completely broken utility coin" due to high fees and complexity. While he predicts a price breakout for both ETH and Solana, Brandt clearly favors Solana, which he sees as a more efficient alternative. Peter Brandt’s X.

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