Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi operations to shift money into its Bitcoin mining and wallet businesses. [Source](

Cointelegraph

Block’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Block’s Bitcoin revenue stagnated in the third quarter, and the fintech firm’s shares dropped by 12% after the bell as it missed Wall Street re...

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Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase. [Source](

Cointelegraph

Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

US crypto exchange Coinbase has launched its wrapped Bitcoin cbBTC asset on the Solana network to tap growing DeFi usage.

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BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded BlackRock Bitcoin ETF saw its largest day of trading activity following Donald Trump’s reelection as the president of the United States. [Source](

Cointelegraph

BlackRock Bitcoin ETF sees ‘biggest volume day ever’ with $4.1B traded

BlackRock’s Bitcoin ETF saw its largest day of trading volume on record with $4.1 billion traded as the asset reached a new all-time high of $76,...

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US Bitcoin ETFs notch second-largest daily outflow on eve of election The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. [Source](

Cointelegraph

US Bitcoin ETFs notch second-largest daily outflow on eve of election

US spot Bitcoin ETFs have notched $540.9 million in outflows, their second-largest day ever, ahead of a tight election.

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Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. [Source](

Cointelegraph

Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju

CryptoQuant founder Ki Young Ju explains why stablecoins will not create enough buy-side pressure to drive the price of Bitcoin higher this current...

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Bitcoin mining bans may lead to 'unintended consequences' for environment Researchers argue that “not all Bitcoin mining is equal” across countries, suggesting that bans in certain nations may cause more harm than good on a global scale. [Source](

Cointelegraph

Bitcoin mining bans may lead to ‘unintended consequences’ for environment

“Well-intentioned policies may lead to unintended consequences,” state researchers from Exponential Science regarding nations banning Bitcoin m...

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Another one? Satoshi’s identity to be revealed Oct. 31, claims PR firm A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows. *Events platform “Meetup” shows the “Meet Satoshi” group has 103 members. Source: MeetUp*

Bitcoin miners cut costs, embrace AI post-halving: CoinShares Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.

we will continue to become stronger and stronger . — This is a comment on: https://yakihonne.com/flash-news/

MicroStrategy announces third debt offering of 2024, plans to raise $700M The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.