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.
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.
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 at 16: Getting Its Driver’s License and Entering a New Era
Bitcoin has evolved beyond “digital gold.” Today, it’s a foundational piece of global financial infrastructure, says Trust Machines’ Rena Shah.
Jeff Bezos Just Made The Media’s Trust Problem Worse
But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network’s monthly average hashrate surged to a record high, the report said.
Bitcoin Profit-Taking Continues as BTC Price Nears High. Is Bhutan Next to Sell?
The Royal Government of Bhutan recently deposited almost 1,000 BTC into a Binance deposit address. It holds some $900 million of the asset.