Category: News

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 crypto markets.

Hedera was also among the top performers, rising 4.1% from Monday.

Early polling indicates MKR holders want to keep the SKY brand, though participation in the poll is still low.

The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm’s convertible debt, the report said.

While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.

After a good deal of volatility over the past few days, betting markets like Polymarket

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, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.

The pilot was run as part of the Monetary Authority of Singapore’s Project Guardian.

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are “more sensitive” to the election results.

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.