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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.
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.
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.
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 crypto markets in context for Nov. 1, 2024.
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 that could factor into the elections and Fed policy meeting next week.
CoinDesk 20 Performance Update: UNI Gains 5% as Index Rises from Thursday

Render joined Uniswap as a top performer, adding 2.6%.
Jeff Bezos Just Made The Media's Trust Problem Worse

But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.
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.
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 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.
With Decentralized AI and Tokenized Ownership, We Can Fight ‘The Six’

Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J. Casey, Chairman of The Decentralized AI Society.
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

The U.S. Treasury Department issued a rule promising extra scrutiny for businesses near military sites, having already targeted a Chinese-backed crypto operation by a Wyoming missile base.
Tornado Cash Developer Roman Storm’s Trial Pushed to April

A hearing on Storm’s push to keep his expert witnesses secret is scheduled for Nov. 12.
Crypto Reverses Early Gains, Bitcoin Dives Back to $69K

Prices had move higher early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.
Kemi Badenoch is the new Leader of the Conservative Party

The leadership election was set-off by former Prime Minister Rishi Sunak's decision to resign as party leader.
Ethereum Researchers Relinquish EigenLayer Roles Over Conflict of Interest Concerns

Researchers Justin Drake and Drankrad Feist set off a controversy in May when they revealed that they'd accepted big token payouts from EigenLayer, raising conflict of interest concerns.
Bitcoin Pulls Under $68K as Crypto Markets Falter Ahead of Election

At least according to betting markets, the U.S. presidential election has moved to nearly a 50/50 race versus the outlook for an easy Trump victory just days ago.