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.

The company missed consensus revenue expectations, analysts said.

The completion of the acquisition is subject to regulatory approval in Spain.

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.

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.

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

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.

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.

Singh is the fourth FTX executive to be sentenced for his role in the fraud.

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.