The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Team Valhalla
Nasdaq-listed lending fintech SoFi (SOFI) posted third-quarter revenue of around $424 million, a jump of over 55% from the corresponding quarter a year ago. Team Valhalla
"Despite current volatile economic conditions, Digihost has been able to maintain good liquidity levels of cash and crypto holdings on a month-to-month basis relative to the size of our operations and of equal importance, the company continues to be debt free," said Michel Amar, Chairman and CEO of...
Bernstein forecasts monthly active users for the Ethereum stack to jump to about 500 million by 2032 from around 8.5 million currently. Team Valhalla
Indian Finance Minister Nirmala Sitharaman had earlier mentioned crypto would be on the agenda of its G20 Presidency starting next month for an year. On Tuesday she said framing crypto assets would be one of eight priorities that are still in the works. Team Valhalla
Lee Hardman, currency analyst at MUFG Bank, said in Tuesday's client note, "If the Fed does slow the pace of hikes in December, it does not necessarily mean as well that the total amount of tightening delivered in the current tightening cycle will be less, although that will...