The leadership election was set-off by former Prime Minister Rishi Sunak’s decision to resign as party leader. Source: https://www.coindesk.com/policy/2024/11/02/kemi-badenoch-is-the-new-leader-of-the-conservative-party/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks. Source: https://www.coindesk.com/markets/2024/11/01/crypto-reverses-early-gains-bitcoin-dives-back-to-69k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, …

The network’s monthly average hashrate surged to a record high, the report said. Source: https://www.coindesk.com/markets/2024/11/01/bitcoin-mining-revenue-profit-fell-in-october-for-a-fourth-consecutive-month-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Render joined Uniswap as a top performer, gaining 2.6%. Source: https://www.coindesk.com/coindesk-indices/2024/11/01/coindesk-20-performance-update-uni-gains-5-as-index-rises-from-thursday/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

At current prices, a $10,000 punt on Harris could equal a $25,000 payout if she wins the U.S. presidential election. Source: https://www.coindesk.com/markets/2024/11/01/harris-odds-rise-on-polymarket-as-election-fraud-allegations-ramp-up-trump-hedge-bets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The CEO of the dYdX Foundation sees parallels between the internet of the 1990s and where Decentralized Finance (DeFi) is today. Source: https://www.coindesk.com/markets/2024/11/01/defi-to-have-walled-garden-moment-as-internet-of-money-matures-dydxs-dhaussy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink’s Smartcon at Hong Kong Fintech Week. We covered a lot. Source: https://www.coindesk.com/markets/2024/11/01/justin-sun-wants-more-tradfi-on-tron-dogs-over-cats-for-memecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company’s flagship stablecoin USDT is the third-largest cryptocurrency with a $120 billion market capitalization. Source: https://www.coindesk.com/business/2024/10/31/tether-reports-25b-profit-in-q3-holds-over-100b-of-us-treasuries/?utm_medium=referral&utm_source=rss&utm_campaign=headlines