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.
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.
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.
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.
Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle
Bridge acquired Triangle for an undisclosed amount.
CoinDesk 20 Performance Update: UNI Gains 5% as Index Rises from Thursday
Render joined Uniswap as a top performer, gaining 2.6%.
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.
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.