Markets Outlook Bitcoin News Roundup for Nov. 5, 2020
With BTC nearing $15K and big industry getting into mining, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
This episode is sponsored by Crypto.com and Nexo.io.
Today's stories:
Bitcoin Jumps Above $14.5K, Taking 2020 Gains to Over 100%
Bitcoin's price jumped to a 33-month high of $14,558 soon before press time, taking the year-to-date gains to 101%.
Someone Just Paid a $9,000 Fee for a $120 DeFi Transaction
A Reddit user said they accidentally paid a fee 80 times the transaction value while executing a swap on Uniswap.
Russian Hydropower Giant Opens Bitcoin Mining Farm
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.