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.Source
The network’s monthly average hashrate surged to a record high, the report said.Source
Render joined Uniswap as a top performer, gaining 2.6%.Source
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
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
Bridge acquired Triangle for an undisclosed amount.Source
The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.Source
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
At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election.Source
The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today.Source