U.S. Added Just 12K Jobs in October, Far Short of 113K Expected
The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
Posts published on November 1, 2024 go to media archive 3/4
Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?
Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a…
First Mover Americas: Bitcoin Pares Losses Following Thursday's Slump
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
TON Foundation launches new Society DAO governance model
The newly launched Society DAO aims to address a wide range of issues related to decentralization and fair access to capital in the TON ecosystem.
Stripe's $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle
Bridge acquired Triangle for an undisclosed amount.
Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality Allegations
Coinbase has committed to donating $25 million to Fairshake, a crypto PAC funded by crypto-linked companies that supports the aspirations of crypto-friendly candidates. The move was criticized by contrarians who alleged Coinbase’s moves are…
MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.
M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
Turkish investors prefer crypto over real estate and stocks — Survey
An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies.
TON Capital Launches Limited 10,000 Node Sale to Accelerate Adoption and Empower the Next Billion Users on TON
TON Capital, an innovative airdrop portal designed to onboard the next billion users onto the TON blockchain, is excited to announce its upcoming limited batch of Airdrop Nodes Sales. With the Pre-sale Round set to launch on November 8th at 3 PM…
Bitcoin Price To New ATH Soon? Analyst Who Called $72,000 Surge Reveals What Needs To Happen
Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the…
Panic seller loses $222K in AAVE amid market fluctuation
A crypto investor’s AAVE panic sale incurred a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.
Franklin Templeton Integrates Tokenized Fund on Base
Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution…
Radiant Capital $58M hack an expensive ‘lesson’ for DeFi
Radiant Capital said it had resumed its Ethereum lending markets after implementing several security enhancements.
Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?
Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming…
Abu Dhabi Firms Launch Investment Fund to Tokenize U.S. Treasury Bill ETFs
Two Abu Dhabi firms, Realize and Neovision Wealth Management, have launched a fund that tokenizes U.S. Treasury bill exchange-traded funds. The fund aims to attract investors from the Gulf, Europe, and Southeast Asia. Southeast Asia Investors to…
Crypto surges in Eastern Europe: DeFi drives 33% of transactions
Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total crypto value received worldwide.
Has Russia really ‘legalized’ cryptocurrency mining?
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.
Harris Odds Rise on Polymarket as 'Election Fraud' Allegations Ramp Up Trump Hedge Bets
At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election.
Sazmining Brings Bitcoin Mining-Powered Sustainable Heating to a Norwegian Town
Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based…
Paxos launches USD-backed USDG stablecoin with DBS Bank
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.
OpenAI launches ChatGPT Search, autonomous AI ‘big theme’ of 2025
OpenAI launched a new search feature allowing its ChatGPT chatbot to scan the web and answer queries, with executives hinting that autonomy is the big theme of 2025.
Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?
Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered…
Bitcoin speculators send $4B to exchanges as BTC price loses $70K
Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum.
Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions
DeFi to Have ‘Walled Garden’ Moment as Internet of Money Matures: dYdX’s D’Haussy
The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.
Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment Indicator Signals Top
A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.
SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice
Web3 gaming firm Immutable has been issued a Wells notice by the U.S. Securities and Exchange Commission, the company said in a statement on Friday.
Florida CFO Jimmy Patronis 'Would Not Be Shocked' to See State’s $800M Crypto Portfolio Grow Under a Trump Presidency: CNBC
Patronis hit out at crypto skeptics during a CNBC interview on Thursday, saying that those not paying attention to crypto were making a “mistake” and suggesting that Miami could become the “crypto capital of the world”.