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.Source

Jeff Bezos Just Made The Media’s Trust Problem Worse

But Web3 can fix it, says Zack Guzman, the founder of Trustless Media.Source

CoinDesk 20 Performance Update: UNI Gains 5% as Index Rises from Thursday

Render joined Uniswap as a top performer, gaining 2.6%.Source

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.Source

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.Source

Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle

Bridge acquired Triangle for an undisclosed amount.Source

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.Source

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.Source

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.Source

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.Source