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 …

A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold …

The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei. Source: https://www.coindesk.com/business/2024/11/04/new-global-dollar-stablecoin-backed-by-robinhood-kraken-paxos-and-other-crypto-heavies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company released its third quarter results Monday afternoon. Source: https://www.coindesk.com/business/2024/11/04/semler-scientific-added-47-bitcoins-to-holdings-bringing-stack-to-1058-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin mining provides an opportunity for independent power producers to sell their electricity on a worldwide market, according to Sangha Renewables President Spencer Marr. Source: https://www.coindesk.com/business/2024/11/04/theres-no-catch-bitcoin-mining-startup-promises-free-money-to-renewable-energy-companies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

British pension specialist has guided the U.K.’s first pension to make an allocation into bitcoin. Source: https://www.coindesk.com/business/2024/11/04/first-uk-pension-fund-invests-in-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

At the same time, crypto investors are looking to reduce risk ahead of the U.S. election, driving bitcoin’s crypto-market dominance to a cycle high. Source: https://www.coindesk.com/markets/2024/11/04/bitcoin-hits-record-high-against-blackrocks-us-treasury-etf-as-investors-search-for-returns-van-straten/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Recent rises in bitcoin prices have led some to believe that Trump, should he win, will be great for the industry. But the reality may be more complicated, says …