First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk’s Strong Ties to President-Elect Trump

The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday

Polygon joined Cardano as a top performer, gaining 7.9%.
Ethereum Foundation’s Treasury Shrunk 39% Over 2 1/2 Years to $970M

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Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump’s election victory, as bitcoin on Friday surpassed $77,000 for the first time
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.
Ether Blows Past $3K, Builds Bullish Momentum After Trump’s Election Win and Fed Rate Cut
Why Bitcoin Will Soar Above Its Fresh Record: Van Straten

Even after breaking through $77,000 for the first time, bitcoin’s price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.
JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
Polymarket Resolves Presidential Election Contract

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.
