Crypto News Roundup for Nov. 10, 2021
Markets Daily Crypto Roundup
With bitcoin jumping to a new all-time high, plus a look at regulations on crypto earning platforms, CoinDesk’s Markets Daily is back with the latest news roundup.
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Wassies NFT Prices Surge as Crypto Twitter Lore-Themed Hotel Opens in Singapore
Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Shaurya is the Co-Leader of the CoinDesk tokens and…

Michael Saylor’s $4.7B Bitcoin Bet Back in the Green
The bitcoin (BTC) holdings of MicroStrategy (MSTR) have again turned profitable as prices pushed towards $31,000 on Monday morning.The company's stash was deeply in the red late in 2022 as bitcoin slumped nearly 80% from its November 2021 peak, but catalysts such as a spot ETF and the upcoming halving event have helped bolster fortunes

Watch CoinDesk LIVE: Bitcoin in FLUX
news Bitcoin is in motion today and no one knows if we are watching a bull market or a blip. Join CoinDesk editors for an all-day live session of in-depth market discussion. Image via Shutterstock.

LG May Launch Its Own Blockchain Phone: Report
news Consumer electronics giant LG may be looking to launch its own blockchain smartphone. A report earlier today from Korean media outlet Chosun said “LG is likely to respond to Samsung’s innovation initiative,” a major brand competitor. In the report, Chosun further claimed LG is having difficulty separating a potential blockchain phone from Samsung’s previous…

NFT Game Axie Infinity Raises $860K in Governance Token Sale
Nov 19, 2020 at 3:41 p.m. UTCUpdated Nov 19, 2020 at 3:53 p.m. UTCAxie's upcoming land system(Sky Mavis)NFT Game Axie Infinity Raises $860K in Governance Token SaleThe CryptoKitties-meets-Pokemon blockchain game Axie Infinity has raised $860,000 in a strategic sale of its AXS governance token.The funding round, led by Delphi Digital, is meant to help further…

Hong Kong Exchanges and Clearing to Launch Crypto Index in November
HKEX said the index will provide investors with transparent and reliable benchmarks for Bitcoin and Ether pricing in the Asian time zone. The company's CEO said it would "reinforce Hong Kong's role as an international financial center". 02:32 Microsoft Urges Shareholders to Vote Against Bitcoin Proposal 12:56 Bitcoin Option Volumes Soar, Institutions Eye $100K BTC

The Prize for Owning Web3 Distribution Is Enormous. Here’s Why It Won’t Go to Big Tech
For more than a decade, the blockchain industry has struggled with a self-determining question: how do we go mainstream? The quest for the killer app or company that suddenly moves the masses to cryptographic infrastructure has proven to be a daunting task. But unlocking product-market fit here represents more than a win for the consumer:

U.S. Senator Who Called Bitcoin ‘Ideal Choice for Criminals,’ Convicted of Bribery
One of New Jersey's Democratic Senators Bob Menendez was found guilty on Tuesday of accepting bribes as a foreign agent. The crypto community pointed to the irony of Menendez getting convicted for corruption given he had labelled bitcoin as "an ideal choice for criminals." U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto