Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead. Source: https://www.coindesk.com/business/2024/11/05/will-us-election-change-crypto-maybe-but-tradfi-giants-likely-to-plow-ahead-regardless/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The pilot was run as part of the Monetary Authority of Singapore’s Project Guardian. Source: https://www.coindesk.com/tech/2024/11/05/chainlink-ubs-asset-management-swift-complete-pilot-to-extract-cash-from-tokenized-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
It is Election Day in the U.S. At some point in the coming hours, days and weeks, we’ll know which major party wins control of the House of Representatives, …
After a good deal of volatility over the past few days, betting markets like Polymarket Source: https://www.coindesk.com/markets/2024/11/05/bitcoin-breaks-above-70k-as-crypto-and-us-stocks-move-higher-early-on-election-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low. Source: https://www.coindesk.com/markets/2024/11/05/makerdaos-christensen-hopes-for-firm-decision-as-mkr-holders-vote-on-sky-brand/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week. Source: https://www.coindesk.com/markets/2024/11/05/bitcoin-mining-difficulty-tops-100t-for-first-time-piling-pressure-on-small-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token. Source: https://www.coindesk.com/markets/2024/11/05/long-bitcoin-short-solana-preferred-tactical-trade-heading-into-us-election-10x-research/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage to new wallets. Source: https://www.coindesk.com/markets/2024/11/05/dogecoin-rallies-bitcoin-etfs-bleed-ahead-of-us-elections/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
“It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week,” one observer said, noting pricier puts on …
