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Jamie Crawley @ CoinDesk · 10/31/2024 09:00 EDT

Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A

The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 10/31/2024 08:17 EDT

First Mover Americas: Bitcoin Returns to $72.5K in Muted Market Activity

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more ›

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CoinDesk
Will Canny @ CoinDesk · 10/31/2024 05:59 EDT

Coinbase Third-Quarter Revenue Misses Estimates; Shares Fall: Analysts

The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 10/31/2024 05:49 EDT

Bitcoin Prices Take Breather as BTC ETFs Record Another Day of Monster Inflows

Strong net flows into bitcoin exchange-traded funds indicate robust institutional demand as BTC dominance rise further at the expense of ether, one trader noted. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk · 10/31/2024 04:58 EDT

BlackRock's Entry Into Crypto Matters More Than U.S. Election, QCP Capital's Darius Sit Says

BlackRock CEO Larry Fink on CNBC means more to QCP's founder and chief investment officer rather than presidential candidates promoting crypto. Read more ›

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CoinDesk
Jesse Hamilton @ CoinDesk · 10/30/2024 17:00 EDT

MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets

The U.S. Department of Justice said it secured a guilty plea from the operator of crypto "market maker" MyTrade, which was one target in a wide-ranging sting that brought manipulation charges to multiple firms and individuals earlier this month. Read more ›

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CoinDesk
Jesse Hamilton @ CoinDesk · 10/30/2024 16:42 EDT

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector. Read more ›

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CoinDesk
Bradley Keoun @ CoinDesk · 10/30/2024 15:15 EDT

The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket's (negligible) impact on Polygon's bottom line. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 10/30/2024 14:42 EDT

Institutional Investors Position for Bitcoin Volatility Into the U.S. Election

Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted. Read more ›

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CoinDesk
Kenneth Egan, Michael Mosier, Trent Teyema, Jeremy Sheridan @ CoinDesk · 10/30/2024 14:37 EDT

Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security

With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts. Read more ›

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CoinDesk
James Van Straten @ CoinDesk · 10/30/2024 13:27 EDT

Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively

The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis. Read more ›

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CoinDesk
Marc Hochstein @ CoinDesk · 10/30/2024 13:08 EDT

Fortune Claims Polymarket Is 'Rife' With Wash Trading

As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token. Read more ›

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