With analysts looking towards new all-time highs for BTC and newly mined bitcoins finding their way onto the Ethereum blockchain, 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 Likely to Consolidate Before December Rise Toward $20K, Say Analysts 

The bitcoin market is likely to take a breather before continuing its rise toward $20,000 the end of the year, analysts told CoinDesk. 

Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off 

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

Ethereum Service Providers Experience Issues After Reported Blockchain Split

Platforms using an older version of the Ethereum client Geth experienced an accidental split of the chain Wednesday morning. 

Biden Confirms Gensler Will Lead Financial Policy Transition Team 

Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team.