Happy Tuesday!

The global crypto market cap is $1.27 trillion, with a 24-hour volume of $40.95 billion. The price of Bitcoin is $34,420.34, and BTC market dominance is 52.8%. The price of Ethereum is $1,801.90, and ETH market dominance is 17.0%. The best-performing sector is Yield Farming, which gained 5%. The Crypto Fear & Greed Index is currently Greed (66).

Top News

X has lost more than half its value since Elon Musk bought it last year

Musk originally purchased the company for more than $44 billion in October 2022; today that valuation sits at $19 billion.

Join us at Newconomics 2023, Nov. 14-15, in Lisbon

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Non-profit linked to Stellar co-founder Jed McCaleb invests $500M in AI chips

Voltage Park plans to rent access to Nvidia chips starting in February 2024.

SBF Trial – Week 5 kicks off with SBF retaking the stand for an intense cross-examination

SBF was hit with intense questioning about his role as the CEO of FTX and the inner workings of the crypto exchange in the weeks leading up to their collapse.

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Latest Insights

• Bitcoin’s post-FTX performance in line with previous cycles

• European economy on the brink of recession as Q3 GDP contracts by 0.1%

• Bitcoin vs. Gold: Mapping current trends onto historical data

• Bitcoin outperforms with highest monthly gain since January

More News

Bitcoin miners navigate increasing difficulty for higher rewards

The increase in Bitcoin mining difficulty and cost amidst price surge hints at healthy profitability for miners.

Unibot hacker moves $630,000 of stolen funds through Tornado Cash

Telegram trading bot Unibot confirmed that it was exploited on Oct. 31.

Terra co-founder Daniel Shin blames ecosystem failure on Do Kwon’s management

Shin is currently facing trial over his role in the collapse of the Terra ecosystem and its flagship stablecoin.

Bankrupt FTX moves $156M worth of assets including Ethereum and Solana

FTX creditor's claim has risen to more than 50 cents on the dollar after Google committed $2 billion to Anthropic.

Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit

Terraform Labs claims that the SEC has not provided any admissible evidence to back the allegations made in the lawsuit.