
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.

Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
The 2026 U.S. midterm elections have reshaped the outlook for crypto regulation, with Democrats winning control of both chambers of Congress. The results could influence the future of digital-asset legislation, institutional adoption and oversight of the crypto industry as lawmakers prepare for a new legislative session in January 2027.
Bitcoin initially faced selling pressure following the election results but subsequently recovered, highlighting the market’s ability to absorb political uncertainty. On November 4, BTC climbed back toward $78,000 after briefly touching a six-week low, while Ether and other major cryptocurrencies also moved higher.
The change in congressional control introduces uncertainty for an industry that has pushed for clearer rules governing digital assets. Under President Donald Trump, the U.S. has taken steps toward a more crypto-friendly environment, including lighter enforcement, a strategic Bitcoin reserve initiative and legislation establishing a federal framework for stablecoins.
Democratic control could make further deregulation more difficult. Lawmakers may place greater emphasis on consumer protection, illicit-finance safeguards and potential conflicts of interest involving public officials and crypto businesses.
The stalled Digital Asset Market Clarity Act, commonly known as the CLARITY Act, is one of the most important legislative issues to watch. The bill aims to clarify regulatory responsibilities and establish a more defined framework for digital-asset markets. However, negotiations could become more complicated as congressional leadership changes.
Nevertheless, bipartisan support for aspects of cryptocurrency regulation remains an important factor. Clear rules could benefit legitimate businesses, exchanges and investors, regardless of which party controls Congress.
For Bitcoin, the immediate impact of the elections appears to be closely linked to investor sentiment and expectations surrounding future regulation. Although the results initially triggered a market reaction, BTC’s recovery toward $78,000 suggests that traders were willing to buy after the decline.
The rebound is encouraging, but the longer-term implications will depend on whether policymakers can provide regulatory certainty without creating additional barriers to market participation.
Bitcoin could benefit from a framework that gives institutional investors, financial companies and other market participants greater confidence to enter the sector. Conversely, prolonged legislative uncertainty could delay investment decisions and weigh on market sentiment.

The broader crypto market also faces other challenges, including security concerns following a major Binance-related hack, recent outflows from Bitcoin exchange-traded funds (ETFs) and pressure from higher borrowing costs. These factors mean that political developments alone are unlikely to determine Bitcoin’s next major move.
The election results mark a new chapter for U.S. crypto policy, but they do not automatically determine the industry’s future. The next steps will depend on congressional negotiations, regulatory decisions and whether lawmakers can find common ground on market structure, stablecoins and investor protections.
For Bitcoin, the key question is whether the market can move beyond the initial political uncertainty and regain sustained momentum. A more predictable regulatory environment could support long-term adoption, while continued uncertainty may contribute to short-term volatility.
Ultimately, the midterms create both challenges and opportunities for crypto. The industry’s ability to engage with lawmakers across party lines could prove decisive in shaping the next phase of digital-asset growth in the United States.
Bitcoin defies selling pressure after it recovered toward $78,000 on November 4 after briefly falling below $76,000, showing renewed buying interest as cryptocurrency markets adjusted to the outcome of the U.S. midterm elections. The rebound followed a seven-week low of $75,618, suggesting that buyers remain active around important technical support levels.
Although political uncertainty initially pressured BTC, the subsequent recovery offers a more constructive signal for the market. Bitcoin’s ability to regain lost ground highlights the potential for renewed momentum if buyers continue to defend support and overcome nearby resistance.
Bitcoin fell to $75,618 as Democrats secured control of both chambers of Congress, raising questions about the future direction of U.S. cryptocurrency regulation. However, BTC quickly reversed course, climbing as high as $78,039 within approximately three hours.
The recovery suggests that some of the initial selling pressure may have reflected short-term uncertainty rather than a fundamental shift in Bitcoin’s long-term outlook. With the election results now clearer, traders can begin assessing their implications for financial markets and digital assets.
Broader market movements also played a role. U.S. stock futures initially declined before recovering some losses, while Bitcoin defies selling pressure and followed a similar pattern. This suggests that improving sentiment across risk-sensitive markets could help support further cryptocurrency gains if the trend continues.
Data shows that approximately $288 million in cryptocurrency long positions were liquidated over the preceding 24 hours, highlighting the intensity of the sell-off. Such liquidations can amplify price declines, but the subsequent rebound suggests that the market found buyers following the forced selling.
From a technical perspective, Bitcoin’s immediate challenge is to maintain its recovery and turn resistance into support.
The recent low of $75,618 coincided with Bitcoin’s 50-week simple moving average, which has acted as an important support level since mid-September. Holding above this area could strengthen the case for a recovery and provide a foundation for another attempt to break above $78,000.
A sustained move above that resistance could improve short-term momentum and encourage additional buying. However, traders will likely look for confirmation through trading volume and follow-through rather than relying on a single upward move.
Conversely, a renewed decline below the 50-week moving average could weaken the recovery and expose BTC to further downside pressure. For now, defending this level remains important for maintaining the bullish case.
Bitcoin’s rebound provides a reason for cautious optimism, particularly as the market moves beyond the immediate uncertainty surrounding the U.S. midterm elections.
Future price action will depend on broader risk appetite, regulatory developments and whether buyers can sustain momentum above nearby resistance. While a deeper correction cannot be ruled out, Bitcoin’s rapid recovery from below $76,000 demonstrates that demand remains present at lower prices.
If BTC consolidates above key support and successfully reclaims $78,000, the market could see a stronger recovery attempt in the sessions ahead.
PANAMA CITY, November 4, 2026 — Bitbase today launched ORIGIN, the first season of its Bitbase Points program, which is designed to reward sustained participation over time. Over the 26-week season, which ends on May 4, 2027, Bitbase will distribute 1,000,000 points each week, allocated daily according to each participant’s contribution.
Four sources of contribution
Each participant’s contribution is drawn from four sources: trading, assets held on Bitbase, consistent activity and referrals. Consistent activity is counted as a separate source, so continued participation from day to day adds to a user’s contribution. All eligible users, whether new to Bitbase or already active on the platform, are enrolled automatically.
For each new user referred directly, the referrer receives an additional 25% of that user’s contribution. The new user’s own points are not affected.
Participants will also receive a Trading Identity card, a shareable summary of their trading style. The first cards will be issued on November 9, with new cards following each Monday for the remainder of the season.
Existing users begin with points already credited
Before the season began, Bitbase credited points to eligible existing users based on their earlier activity on the platform. As a result, these users enter ORIGIN with their prior activity already reflected in their points and ranking.
The first program under Bitbase 2.0
On November 2, the exchange introduced Bitbase 2.0, updating its brand, app and website under the statement “Market Flows. We Focus.” ORIGIN is the first program to put that statement into practice. While markets move continuously, Bitbase has chosen to assess participation across months rather than individual moments.
“We designed ORIGIN for users who participate consistently, not only during the busiest periods in the market,” said Nicholas Lo, Chief Business Officer at Bitbase. “Over a six-month season, that consistency carries weight. Our responsibility is to make sure every contribution is credited, from the first day of the season to the last.”
Points and rankings are available in the Bitbase app and at bitbase.com/points.
About Bitbase
Bitbase is a digital asset exchange serving individual and institutional users worldwide, with products spanning Spot, Futures, TradFi and Earn. Bitbase aims to give users a stable and straightforward trading experience, in line with its brand statement, “Market Flows. We Focus.” Learn more at bitbase.com.
Media contact
Harry Yang
Content Lead, Bitbase
marketing@bitbase.com
Panama City, November 4, 2026 — Bitbase today launched ORIGIN, the first season of its new Bitbase Points program. Ahead of the launch, the digital asset exchange credited points to eligible users who had been trading on the platform, so their past activity counts from day one. The season runs for 26 weeks, until May 4, 2027, with 1,000,000 points distributed each week.
ORIGIN is also the first part of Bitbase 2.0 to reach users directly. Bitbase unveiled 2.0 on November 2, with an upgraded app and website and a new brand identity built around the statement “Market Flows. We Focus.” The idea is that markets will always move, and Bitbase chooses to focus on what lasts for its users. ORIGIN applies the same thinking to participation. Rather than rewarding a single burst of activity, it looks at what users do day after day over six months and credits the contribution they make across that period.
Bitbase built ORIGIN around what users already do on the exchange. Eligible users, new or existing, are enrolled automatically, with no separate registration. Points are allocated daily based on each participant’s contribution, which draws on four sources: trading, assets held on Bitbase, consistent activity and referrals. Because consistency is one of those sources, steady participation adds up over the course of the season.
ORIGIN also rewards users who bring others to Bitbase. A referrer receives an additional 25% of the contribution of each new user they refer directly, while the new user’s own contribution is unaffected.
Starting November 9, participants will also receive a shareable Trading Identity card that reflects their trading habits, with a new card issued every Monday until the season ends.
“Bitbase 2.0 is about focus, and for our users, that means knowing their steady participation is recognized and credited,” said Nicholas Lo, Chief Business Officer at Bitbase. “That’s why ORIGIN started by crediting what users had already done with us. It doesn’t ask anyone to trade differently. It simply records the participation that’s already there, every day, for the next six months.”
Users can track their points and rankings in the Bitbase app and on the website. Full details are available at bitbase.com/points.
About BitbaseBitbase is a digital asset exchange serving individual and institutional users worldwide, with products spanning Spot, Futures, TradFi and Earn. Bitbase aims to give users a stable and straightforward trading experience, in line with its brand statement, “Market Flows. We Focus.” Learn more at bitbase.com.
Media contact
Harry Yang
Content Lead, Bitbase
marketing@bitbase.com
Crypto-focused super PACs spent more than $176 million across 100+ races in the 2026 US midterms.
However, their biggest campaign ended in defeat after Democrat Sherrod Brown defeated Republican Jon Husted to win Ohio’s Senate contest despite a $64 million effort to stop him.
According to NBC figures, Brown got 2.24 million votes, making up about 49.7% of the total cast, with Husted receiving 2.06 million, or 45.5%, with 97.3% of the vote counted.
Heading into this particular showdown, crypto groups had spent more than $64 million trying to prevent that exact outcome, with Fairshake, the industry’s flagship super PAC, accounting for $56.5 million of the spending, and Digital Freedom Fund, supported by the Winklevoss twins who co-founded the Gemini exchange, contributing another $7.5 million.
Brown frequently criticized the crypto sector during his time as chair of the Senate Banking Committee, but during the campaign, he seemed to have somewhat softened his stance, even telling the New York Times that crypto “has a part, a role, in our economy.” Still, he pledged to take on what he called the “crypto/data center crowd.”
Recall that in 2024, Brown, who had served for three terms as Ohio senator, lost to Republican Bernie Moreno, garnering 2.59 million (46.4%) votes to Moreno’s 2.8 million (50.2%). That race was the biggest single target of crypto money at the time and drew more ad spending than any Senate contest in history, with the digital asset industry backing the Republican candidate with a $40 million war chest.
The latest spending didn’t produce the same outcome, and researcher Molly White, who has been tracking which crypto and AI players have been supporting with their money, described it as a “HUGE loss for crypto super PACs.”
There were also losses for other industry-backed candidates in Texas, Alabama, Iowa, Wisconsin, and Michigan. But there was a reprieve in Colorado’s 8th District, where Democrat Manny Rutinel, who had gotten support from groups including Ripple co-founder Chris Larsen’s You Can Push Back PAC, beat incumbent Gabe Evans by a sizable margin.
Crypto groups also won in Nebraska, where Republican Pete Ricketts defeated independent Dan Osborn. Fairshake, funded mainly by Coinbase, venture capital giant Andreessen Horowitz, and Ripple, had spent about $14.1 million in the race to back Ricketts, who has been a supporter of industry-friendly crypto legislation from his perch on the Senate Banking Committee.
That said, the broader political picture has become less favorable to the industry, with Democrats securing control of the House and Senate. According to estimates at the time of writing, the party is set to capture 258 seats in the House and at least 54 in the Senate, having flipped 29 and 7 seats in the respective chambers.
Before the results, CryptosRus had warned that a victory for the Dems could further delay the CLARITY Act, which they had blocked in September.
The post Crypto PACs Lose Key Races After Spending Millions in Midterms appeared first on CryptoPotato.
Following a decision by the CFTC, perpetual futures tied to individual US stocks can now trade on exchanges registered by the agency.
However, a group backed by Cboe and Citadel Securities has filed a lawsuit against the decision, claiming that the CFTC had no authority to make it.
In a November 3 statement, CFTC Chairman Michael Selig confirmed the commission had approved perpetual futures on individual equity securities, known as equity perps, under its Regulation 40.3.
They have been classified as security futures products under the Commodity Futures Modernization Act of 2000, making them subject to the Commodity Exchange Act and federal securities laws.
According to Selig, they can give US traders access to products that are popular in overseas markets without them having to rely on offshore venues. He described perpetuals as tools for risk management and price discovery but also insisted that they must operate with appropriate safeguards.
Per the statement, exchanges looking to list single stock perps must also file notice with the SEC to trade security futures, meaning oversight will fall on the two agencies. Selig linked the decision to an MoU signed by the CFTC and SEC earlier this year in a bid to improve how they coordinate.
“Earlier this year, the CFTC took historic action in this regard by approving the listing of the first true Bitcoin perpetual futures contract on a CFTC-regulated exchange,” read Selig’s statement. “Today’s announcement builds on that milestone by extending the availability of the perpetual futures contract instrument in the US beyond digital commodities and into traditional securities.”
Soon after the CFTC had put out its statement, a group calling itself the Capital Markets Alliance filed a lawsuit arguing that the financial watchdog had gone against laws passed by Congress and “invited a parallel synthetic market in US stocks” that it claimed would grow outside what it believes is rightfully the SEC’s exclusive jurisdiction.
According to Reuters, a CFTC spokesperson called the case “troubling” interference with markets regulated by the agency. They added that US markets ought to be governed by law rather than litigation campaigns whose main intention was to “block innovation.”
It’s not the first time something like this has happened. Recall that in June, the CME Group said it would sue the CFTC for its approval of the Bitcoin perpetuals Selig referenced in his statement. At the time, CME CEO Terrence Duffy said perpetual contracts should be classified as swaps under the Dodd-Frank Act instead of futures and that providers had to go through the Chicago Mercantile Exchange since it held exclusive benchmark licenses.
The post CFTC Opens Equity Perps Trading and Gets Sued Hours Later appeared first on CryptoPotato.
We asked Elon Musk’s AI bot to break down the two premier privacy coins, Zcash and Monero. Grok AI predicts which token is best from an investment and technical perspective. Which of the two has the higher price upside in 2026, and which offers the best privacy technology?
When comparing the two leading privacy cryptocurrencies, Monero (XMR) is recognized as the superior pure-privacy technology, while Zcash (ZEC) appears better positioned for significant percentage gains through the rest of 2026.

(SOURCE: Elon Musk’s Grok AI Predicts the Best Privacy Coin – XMR or ZEC?)
Monero is considered the gold standard for privacy, as it enforces mandatory privacy features by default. Every transaction utilizes ring signatures, stealth addresses, and Ring Confidential Transactions (RingCT), which intentionally make the entire blockchain opaque.
In contrast, Zcash provides strong optional privacy through its shielded pools using zero-knowledge proofs (zk-SNARKs). However, much of Zcash activity has historically remained transparent, which has reduced its effective privacy footprint compared to Monero’s always-on privacy approach.

(SOURCE: X.com)
Monero is trading near the mid-$600s with a market capitalization around $12Bn. It has shown relative resilience, holding higher lows in recent weeks and maintaining more stable volume than many mid-cap assets.
Key resistance sits overhead near recent local highs, while support has formed in the mid-to-high $500s. Zcash has been more volatile, recently trading in a wide range with stronger short-term momentum swings and significantly higher 24-hour volume relative to its size.
Its market cap sits higher (near the low $20Bn in recent prints). Price has been oscillating between deeper pullback zones and sharp relief rallies, reflecting higher beta and narrative sensitivity.
DISCOVER: 10+ Next Crypto to 100X In 2026
From a pure privacy and fungibility standpoint, Monero is superior. Its default privacy makes chain analysis much harder and preserves fungibility more effectively.
Zcash’s optional shielding is cryptographically strong when used, but optional privacy creates a smaller anonymity set and leaves more of the chain transparent.
On pure technical privacy grounds, XMR wins. On market structure and potential percentage upside from current levels, ZEC’s higher volatility and lower relative maturity in this cycle give it a larger swing range if privacy narratives regain force.

(SOURCE: TradingView)
In a constructive broader market, Monero could grind higher toward $900–$1,200, with a stretch into the mid-$1,000s if privacy demand strengthens.
Zcash, with higher beta, has room for a sharper move and could retest the $1,800–$2,500 zone, with an aggressive stretch toward prior-cycle extremes if shielded adoption and narrative momentum accelerate.
Bottom line: Elon Musk’s Grok AI predicts that while Monero is the better privacy coin, Zcash currently offers the larger upside asymmetry if risk appetite returns to the privacy sector.
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026
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The post Elon Musk Grok AI Predicts Best Privacy Coin: Monero (XMR) Vs. Zcash (ZEC) appeared first on 99Bitcoins.
Only a third of Ripple’s RLUSD stablecoin sits on the XRP Ledger, on-chain data showed: a reminder for Ripple XRP holders that the company’s biggest wins don’t all reach the ledger.
The split is lopsided. The XRP Ledger holds $862.8 million of RLUSD, against $1.72 billion on Ethereum, and Ripple’s latest attestation put total circulation at $2.63 billion on October 29.
Ripple’s last week should help RLUSD grow. It won final approval for Ripple National Trust Bank on October 26, and signed a partnership with Robinhood a day later. Only the Robinhood deal names the XRP Ledger, for settling institutional trades through Bitstamp.
The ledger’s own upgrades are stuck. Its native lending protocol has 19 of the 28 validator votes it needs, and token vaults have 21.
So what did Ripple sign, and why isn’t more of it landing on the XRP Ledger?
DISCOVER: 10+ Next Crypto to 100X In 2026
Two deals that give RLUSD a bank behind it and a broker in front of it.
The bank charter lets Ripple National Trust Bank hold the segregated reserves backing RLUSD, act as their collateral trustee for RLUSD holders, and offer digital asset custody once it opens. It can’t take deposits or make loans, and RLUSD will still be issued by Standard Custody & Trust Company, Ripple’s New York-regulated trust company.
“For years, we’ve said crypto and banks work better together,” Ripple CEO Brad Garlinghouse said. Ripple hasn’t given an opening date.
The Robinhood partnership is broader than a listing:
“Utility is what moves stablecoins forward,” said Johann Kerbrat, who runs Robinhood Crypto. Robinhood had 28.6 million funded customers in August.
DISCOVER: Ripple Brings RLUSD to Robinhood as Moody’s Rates It A2: How Much of This XRP News Reaches XRP?
Mostly on Ethereum. On Wednesday morning, RLUSD’s issuing account on the XRP Ledger showed 862.8 million tokens outstanding, while the RLUSD contract on Ethereum showed 1.72 billion.
That gives the XRP Ledger about 33% of the $2.58 billion on the two chains.
The split matters for XRP. Every RLUSD payment on the XRP Ledger pays a small fee in XRP, which is destroyed, and every new account has to hold at least 1 XRP in reserve. RLUSD on Ethereum does neither.
Partly because the tools stablecoin users rely on elsewhere aren’t live on it yet. An upgrade, or amendment, needs 28 of the 35 trusted validators, or 80%, to vote yes for two weeks before it switches on, and most of the ones aimed at institutions are well short.

Where the key upgrades stand, XRPScan’s amendment tracker shows:
Until lending and vaults go live, institutions that want to lend out RLUSD have more options on Ethereum.
EXPLORE: XRP Ledger Stablecoin Security Fix Faces Second Deadline After Validator Vote Delay
Ripple’s business is growing faster than the XRP Ledger’s share of it. Two other numbers from this week show how XRP itself is being handled:
The price hasn’t reacted to any of it. XRP trades at $1.28, flat over 24 hours, between support at $1.27 and resistance at $1.30, and below its 50-day and 200-day EMAs at $1.3353 and $1.3631.

XRPUSDT 1D chart. Source: TradingView.
Three things to watch next:
For now, the Ripple XRP story is a split one. Ripple keeps adding banks and brokers for RLUSD, while most of the stablecoin stays on Ethereum.
DISCOVER: 10+ Next Crypto to 100X In 2026
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The post Ripple XRP News: Two-Thirds of RLUSD Still Lives on Ethereum And The XRP Ledger Upgrades That Could Change That Lack Votes appeared first on 99Bitcoins.
The rapid growth of tokenized stocks and ETFs highlights potential shifts in financial markets, emphasizing blockchain's role in asset management.
The post Tokenized stocks and ETFs above $1 million climb to 348, up from 3 in January 2025 appeared first on Crypto Briefing.
The integration of Chainlink's framework could streamline tokenized bond compliance, potentially accelerating blockchain adoption in finance.
The post Chainlink powers compliance framework for onchain bonds with Apex Group, T-REX Network, and ERC-3643 Association appeared first on Crypto Briefing.
ApeChain has announced plans to replace LayerZero with Chainlink’s Cross-Chain Interoperability Protocol, bringing APE, USDC, and other key assets into a new cross-chain setup across the Yuga Labs ecosystem. Chainlink said in its announcement that ApeChain is deprecating its legacy…
Cipher Digital shares have fallen nearly 19% to around $6.60 on Nov. 4 following Gina Hinojosa’s victory in the Texas governor’s race, after the Democrat campaigned for a moratorium on new data centers. FinancialContent’s morning market data showed CIFR at…
Scotty the AI ($SCOTTY) crypto has garnered attention for its integration of AI technology and robust security features. This…
The post What Is Scotty the Ai (Scotty) Crypto appeared first on Coinlabz.
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TLDR CVS Health stock plunges 12.28% to $80.19 despite stronger third-quarter results. CVS reports $108.4 billion in Q3 revenue, marking 5.4% year-over-year growth. CVS raises its 2026 adjusted earnings outlook to at least $8.20 per share. CVS plans to...
The Digital Freedom Fund spent $7.5 million against Sherrod Brown, adding to the $56.5 million Fairshake put into the Ohio contest.

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Payments could give crypto apps the frequent use that token swaps alone often lack, speakers argued during four panels hosted by ChangeNOW at TOKEN2049 Singapore. The discussions brought together representatives from MetaMask, Trezor, WalletConnect, and other firms to examine how crypto products could reach a wider audience.
Ledger announced the Ledger Atom on 15 October 2026 at its Op3n event in Paris. The Ledger Atom is a new device from Ledger that runs everyday Android apps and signs crypto transactions in a separate secure mode. The Founders Edition costs $849, and it will increase to $899 after launch. It ships in summer 2027, pending certification.
Caroline Crenshaw’s departure from the SEC on January 2 marks a turning point for crypto regulation in Washington. The longtime cryptocurrency skeptic’s exit leaves the commission operating under a 3-0 Republican majority—a historic shift that clears the way for Paul Atkins’ pro-innovation agenda to move forward without meaningful internal opposition.
Crenshaw spent over a decade at SEC agency, consistently raising concerns about cryptocurrencies, digital assets and investor protection.
Her exit coincides with the broader regulatory reorganization under the Trump administration, which has explicitly positioned itself to make the U.S. the “crypto capital of the world.”
The commission now operates with fewer members than authorized, as Trump hasn’t yet filled the vacant seats—a strategic pause that effectively gives the Republican-majority commissioners free rein on policy.
The timing couldn’t be sharper. SEC Chair Paul Atkins has already signaled plans to introduce an “innovation exemption” that would let crypto startups test new products under lighter regulatory requirements, provided they meet basic consumer protections. [3][7] That proposal was expected within 30 days of December 2, meaning it could arrive any moment. With Crenshaw gone, there’s no institutional voice pushing back on the exemption’s scope or implementation details.
The broader regulatory picture is also shifting. The Senate is scheduled to hold hearings in January on the CLARITY Act—landmark legislation designed to end years of turf warfare between the SEC and CFTC by clearly dividing jurisdiction over different crypto products. [3][7] White House crypto adviser David Sacks said in December the bill is “closer to passage than at any point in the past.” [3] These aren’t minor procedural tweaks. They represent a fundamental reordering of how Washington approaches digital assets.
The real action starts immediately. Watch for the innovation exemption announcement—it could drop with minimal fanfare. Then track the Senate hearings on CLARITY in January. If that bill moves to a floor vote and passes, the crypto industry will have concrete answers about regulatory jurisdiction for the first time in years. Markets have been pricing in regulatory clarity for months. Crenshaw’s departure removes one of the last obstacles to delivering on it.
The post SEC’s Pro-Crypto Shift Accelerates as Key Skeptic Crenshaw Exits appeared first on The Coins Post.
PEPE just ripped 26% higher on January 2, hitting $0.000005106 as trading volume exploded past $800 million.
That’s no thin pump—retail’s back, Robinhood holders sitting on 8.3% of supply, and a Hyperliquid whale named James Wynn dropped a bombshell prediction: $69 billion market cap by end-2026. If you’re trading memes, this is your wake-up call. Why now? New year FOMO meets bold calls in a market where BTC chills at $88k.

PEPE’s ERC-20 on Ethereum. No fancy DeFi twist here—just pure meme liquidity. Volume spiked 370-400% in 24 hours, open interest jumped 82% to $446.5 million on derivatives. RSI hit 67, screaming bullish momentum after breaking $0.0000042 resistance.
Whales aren’t dumping. That official “We ride at dawn” tweet lit socials on fire—crypto Twitter’s buzzing. Supply’s fixed at 420.69 trillion tokens. If Wynn’s right, that’s $0.000164 per PEPE. Math checks out. But Ethereum gas? Still a killer for small trades.
Total crypto cap up 1.07% to $2.99T. BTC +1.21% at $88,765, dominance slipping to 59.22%—alts eating its lunch. PEPE led top gainers, outpacing Story (+25%) and Mog. Volumes hit $164B market-wide. No massive liqs reported, but meme sector OI surging means leveraged degens are in.
BTC’s post-halving year ended red for first time ever—down 6% in 2025 despite $126k ATH. ETFs pulled $348M, but macro liquidity rules now. PEPE doesn’t care—it’s riding retail hype while big boys consolidate.
James Wynn, that Hyperliquid ser, straight-up said PEPE hits top meme status like SHIB did last cycle—if bull market holds. “We ride at dawn” from @pepe went viral. Community’s pumping: “PEPE to the moon” threads everywhere. No official team—it’s anon dev vibes.
Exchanges? Volumes exploding on Binance, MEXC. No rugs spotted. Traders on X calling for $0.000026 ATH retest. Sarcasm alert: Great timing for memes while BTC whales accumulate quietly. Holders care about flips, not halving myths.
But is this sustainable? Meme pumps fade fast.
Don’t get rekt. PEPE’s been rugged before—no premine, but watch whale wallets. Use hardware for big bags; software wallets fine for sub-$1k. Check Etherscan for suspicious transfers. Avoid leverage over 5x—OI spike means liqs incoming on pullbacks.
Actionable: Set stops below $0.0000042. DCA if you believe Wynn. DYOR on Hyperliquid perps for leverage without CEX KYC. Phishing’s rampant post-pumps—double-check links. If you’re aping memes, keep it under 5% portfolio. Skin in the game matters, but don’t YOLO rent money.
$0.000005 close today flips structure fully bullish. Watch BTC dominance drop—alts feast. Wynn’s $69B? Ballsy. If ETH L2s cut fees, PEPE volumes could 10x. Macro: Fed liquidity print January 2nd might juice risk assets.
Pullback to $0.0000045? Buy dip. Break $0.000006? Targets $0.00001 easy. Meme season back? You tell me. Trade smart—2026’s rewriting rules.
The post PEPE Explodes 26% in 24 Hours—James Wynn Calls $69B Market Cap by Year-End, Meme Degens Pile In appeared first on The Coins Post.
The XRP Ledger (XRPL) activated a new amendment on Nov. 4, addressing a potential security weakness that could allow unauthorized token issuance while introducing improvements to automated market makers (AMMs) and lending.
Bitcoin miner Riot confirms liquidation of 10,599 BTC, 79% of its crypto holdings, to finance a historic 15-year, $28 billion AI infrastructure deal.

Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized stocks.

Bitcoin miners pivoting to AI face new uncertainty over power access and construction permits, while companies with approved projects could benefit from tighter supply.
Changpeng “CZ” Zhao, the founder of Binance and its former CEO, has warned about a growing number of cyberattacks increasingly fuelled by AI. In an interview with Yahoo Finance, he said there is always a possibility of a hack and that there is “no 100% security”. At the same time, he urges that companies should use AI to boost their defence against potential future attacks.
AI has made hacking so much easier now and the AI so far has not made defence a lot easier. […] And now the industry, the whole global financial system needs to catch up on the AI defence. And we have to use AI as well.
Changpeng “CZ” Zhao, Binance founder In a separate interview on the Talking Tokens podcast, CZ went even further and called for tighter collaboration. He said the industry should be “forming some kind of industry alliance on security”, which would allow the industry to learn from mistakes made and “share the best practices, cross audits, help each other freeze funds very quickly, etc.”
Zhao pointed to the interconnection of the whole finance industry, stressing that what’s happening in crypto is not happening in isolation.
What’s bad for crypto on this scale has real economic impact elsewhere.
Changpeng “CZ” Zhao, Binance founder While he said he hadn’t talked to Trump or any other US official, he welcomed government assistance.
Read more: Strive CEO Says Binance Hack Doesn’t Change Bitcoin Investment Case
The Binance incident, in which hackers linked to North Korea by the FBI stole US$6.3 billion (AU$9 billion), is still unfolding. In a Tuesday report, Binance revealed how well planned the attack was, describing it as a “sophisticated, multi-stage campaign”.
According to the exchange’s initial report, the attackers ran a layered campaign, using fake recruitment, tampered software, and stealthy malware. In June 2026, while attempting to install an AI coding tool, an engineer downloaded a tampered installer, exposing information about his role and colleagues despite a quick response.
In September, another engineer was lured by fake interviewers into downloading a “test assignment” that contained malware that evaded detection. The company also blocked 57 other suspected North Korea-linked attempts this year.
Richard Teng, co-chief executive officer of Binance, said: “This was not a single mistake or a single breach. It was a campaign built over many months.”
Read more: Strategy and Strive Load Up on Bitcoin as Treasury Rankings Race Heats Up
The post CZ Urges Greater Crypto Security Cooperation Following Binance Hack appeared first on Crypto News Australia.
Bitcoin (BTC) is sliding closer towards the US$76K (AU$109.2K) mark. At the time of writing, it was trading for US$76,249 (AU$109,559), down 0.7% over the past day and 5.8% over the past week. This comes after the Binance hack, in which US$6.3 billion (AU$9 billion) was stolen, and users withdrew US$4.7 billion (AU$6.6 billion) following the restart of the exchange.
Further potential downside pressure comes amid the Middle East crisis and high energy prices worldwide. There are also the US midterms, which are causing uncertainty in the markets, as well as elevated inflation fears and uncertainty around the US Fed’s next interest-rate decision in December.
The US midterms are a developing story, and at the time of writing, vote counts were still underway. Early reporting suggests, though, that the Democrats are projected to take over the House, while control of the Senate remains uncertain. Ahead of the elections, prediction markets favoured the Democrats over the Republicans, with around a 76% chance of a Senate win and a 95% chance of a House win.
A shift towards the Dems could have implications for crypto. Democrats would likely dominate key committees overseeing crypto regulation in whichever chamber they control, potentially affecting the progress of crypto legislation.
Read more: Brazil’s Largest Crypto Exchange Hit by Security Breach Days After Binance Hack
Meanwhile, US spot Bitcoin ETFs continue to see large net outflows. While Monday’s US$398.6 million (AU$572.7 million) in net outflows were lower than Friday’s US$643.2 million (AU$924.1 million), the individual funds tell an interesting story. Combined, the funds recorded over US$1 billion (AU$1.4 billion) in net outflows across the two trading sessions.
Fidelity’s FBTC had US$6.7 million (AU$9.6 million) in net inflows, while BlackRock’s IBIT saw US$405.3 million (AU$582.3 million) in net outflows. It was IBIT’s largest daily net outflow since June, when the fund lost US$444.5 million (AU$638.6 million) in a single session.
So IBIT saw substantial net redemptions while FBTC attracted additional investment, although in much smaller amounts.
All other funds saw zero net flows on Monday, with most figures for Tuesday not yet fully reported.
Read also: XRP Ledger Set to Fix Token Creation Loophole After Two-Week Delay
The post Bitcoin Slides Toward US$76K As ETF Outflows and US Midterms Weigh on Markets appeared first on Crypto News Australia.
Tokenization enhances asset ownership tracking, addresses double-pledging challenges, and promotes faster, more reliable collateral management.
The post Can tokenization prevent ‘double-pledging’? appeared first on CoinGeek.
Bank of England consults on tokenized collateral for central counterparties, while FCA settles with HTX, and France greenlights CARF tax-reporting bill.
The post UK, France tighten digital asset rules; BoE studies tokenization appeared first on CoinGeek.
XRP wallets show rising whale accumulation as RLUSD supply on the XRP Ledger drops over 30%.
USELESS rallied following its LONG launch announcement, but mixed market signals left its recovery uncertain.
Voters across the United States backed measures to curb data centers, raising new obstacles for the infrastructure powering AI as electricity bills, water supplies, and public oversight dominate the debate.
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.
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Bitcoin Magazine

Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation
Bitcoin Core and Lightning developer Matt Corallo highlighted a severe Linux kernel vulnerability on October 30, criticizing Ubuntu’s delayed response to what he called “the most critical Linux vuln ever.” The bug, tracked as CVE-2026-98432, affects the kernel’s IPv4 TCP handshake code with a CVSS severity score of 9.8. Anthropic’s Frontier Red Team later showed it could be turned into a remote root exploit against systems exposing a Multipath TCP (MPTCP) listener.
Peter Todd echoed the warning the same day, advising anyone running LND on Linux with open ports to shut their Bitcoin Lightning nodes down until the kernel was patched or otherwise mitigated. The demonstrated exploit path relies on an MPTCP listener—something Go 1.24 and later enable by default. Because LND is written in Go, recent versions were listening with MPTCP on their peer, gRPC, and REST ports whenever the kernel had the feature enabled.
Lightning Labs responded the same day with emergency releases: lnd v0.21.6-beta and the backport v0.20.7-beta. Both disable MPTCP listeners by default, closing the demonstrated exploit path through LND. The project described the change as a mitigation, not a fix, and noted that only a patched kernel fully resolves the underlying issue. Other services on the same machine remain exposed until MPTCP is disabled host-wide or the kernel is updated. Olaoluwa Osuntokun and the official Lightning Labs account both recommended the update.
Security researcher Marcus Hutchins later reported internet-wide scanning activity consistent with threat actors looking for exposed systems. His scans found roughly 2.1 million servers reachable over MPTCP on port 443. International Cyber Digest amplified the finding on November 4, noting the scanning and Ubuntu’s slower patch timeline.
Canonical has since made fixed kernels available in the opt-in, proposed pocket for Ubuntu 22.04, 24.04, and 26.04, but they have not yet reached the regular updates channel. Red Hat shipped fixes for RHEL 8/9/10 on November 1; Debian, Amazon Linux, and others had already released patches earlier.
UmbrelOS 2.0.1 included the kernel fix on November 1st for x86 devices and applied a traffic-blocking mitigation on Raspberry Pi, where a fixed kernel was not yet available. No confirmed in-the-wild exploitation has been reported, and the vulnerability has not been added to CISA’s Known Exploited Vulnerabilities catalog. Anthropic’s remote-root demonstration remains unpublished.
The practical exposure is highest on internet-facing servers. Home desktop systems behind typical NAT and firewalls, without public TCP listeners, are far less affected. For Lightning operators on Linux, the LND releases remove the specific MPTCP listener path the public exploit used, but the broader kernel bug remains until a patched kernel is installed.
This post Matt Corallo Flags Critical Linux Kernel Flaw; Lightning Labs Ships LND Mitigation first appeared on Bitcoin Magazine and is written by Juan Galt.
Bitcoin Magazine

Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks
Strategy’s Stretch preferred stock touched $100 today for the first time since May, returning to the par value the company has spent over $2 billion in buybacks and five months of rate increases to defend.
STRC traded below $80 at times in June, a massive discount to its stated value. The climb back to $100 restores the price at which Strategy says it will resume issuing new shares, the mechanism that funds its bitcoin purchases. Chairman Michael Saylor had pledged to keep the stock at or above par and to hold the dividend at 12% until it got there.
Two changes landed in the past week. Shareholders approved daily dividends on STRC and three other preferreds on Oct. 28 by a 99.3% vote, removing the semi-monthly ex-dividend drops that had added volatility to the price.
The first daily payment went out Monday. And Strategy’s Oct. 29 filing set the November rate at 12% annualized, or $1 per share for the month.
Shares of Strategy (MSTR) were up over 7% today after bitcoin jumped above $80,000.
Stretch, the Variable Rate Series A Perpetual Stretch Preferred, launched in July 2025 at $90 with a 9% starting rate. Saylor called it the company’s “iPhone moment.” The design is a feedback loop: Strategy adjusts the dividend each month to hold the price near $100, sells new shares when it trades above par and uses the cash to buy bitcoin.
It became the largest tradable preferred in the world, with a market value above $8 billion and a holder base that CEO Phong Le has put at about 80% retail.
The loop broke earlier this year. STRC drifted below par in late January; Strategy raised the rate to 11.25% in February, 11.5% in March and 12% by summer, and the price kept sliding as bitcoin fell toward $65,000. At $89 the at-the-market program sat idle, cutting off the company’s cheapest funding.
In late May, Strategy sold 32 BTC for about $2.5 million to cover a Stretch distribution, its first bitcoin sale since 2022, and critics raised the prospect of a “death spiral” that analysts at Benchmark and TD Cowen disputed.
The fix was to buy the stock back. Strategy paused bitcoin purchases in the week of Oct. 19 and spent $204.9 million on STRC alone, part of the roughly $2.25 billion it has retired since the discount opened.
Each share bought below $100 shrank the float and reduced the dividend bill at the same time.
The recovery matters because of what sits beneath it. Strategy holds 849,327 BTC after adding 811 coins last week, at an average cost of about $75,446. With bitcoin near $78,300 on Wednesday, the position is about 4% above water.
The company reported $20.91 billion in third-quarter operating income, almost all of it unrealized gains, alongside a negative year-to-date BTC yield and a chief financial officer stepping down.
The preferred stack is the bill that comes due regardless. STRC, STRF, STRK and STRD together carry annual dividends in the hundreds of millions, and the quarter’s 5,552 BTC in sales went to fund them and the buybacks. A Stretch at par lets Strategy pay those obligations with new preferred issuance rather than coins. A Stretch at $89 does not.
The test now is whether the company reopens the ATM at $100 and whether buyers absorb it.
This post Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
CVS Health Corporation shares plunged 12.28% to $80.19 on Wednesday despite stronger third-quarter earnings and improved annual guidance. The healthcare giant reported higher revenue but also announced plans to divide its operations into two publicly traded companies. The selloff followed a major restructuring announcement that would reverse years of business integration.
CVS Health Corp., CVS
The stock lost $11.22 during Wednesday’s trading session as the company outlined its latest financial results and corporate plans. CVS reported stronger adjusted earnings and raised its full-year profit forecast following improvements across several business segments. However, the proposed separation introduced major changes to the company’s operating structure and future business strategy.
CVS Health reported third-quarter revenue of $108.4 billion, representing a 5.4% increase from $102.9 billion a year earlier. The company also recorded adjusted earnings per share of $2.09, compared with $1.60 during the previous year. Meanwhile, improved performance in its healthcare benefits business helped support stronger operating results.
Following these results, CVS increased its full-year 2026 adjusted earnings guidance to at least $8.20 per share. The company previously expected adjusted earnings between $7.90 and $8.10 per share before announcing the revised forecast. Additionally, management raised its operating cash flow outlook to at least $15.5 billion from the previous $11.5 billion target.
CVS also reported GAAP earnings of $1.68 per share, reversing a loss of $3.13 during the comparable quarter. The previous year’s results included a substantial goodwill impairment charge that affected reported profitability. Furthermore, stronger operating income contributed to improved earnings as the company continued executing its margin recovery strategy.
CVS Health announced plans to create two independent companies, separating its healthcare services operations from its retail pharmacy business. Under the proposed structure, CVS Health will retain Aetna, CVS Caremark, CVS Specialty, Oak Street Health, and Signify Health. Meanwhile, a separate company named CVS Pharmacy will manage the group’s retail pharmacy and community healthcare operations.
The new CVS Pharmacy business will include approximately 9,000 retail locations alongside MinuteClinic facilities and related healthcare services. This arrangement will establish distinct operating structures for the company’s insurance and retail businesses. Moreover, both companies will pursue their respective growth strategies while retaining opportunities for future commercial partnerships.
The separation represents a major reversal of CVS Health’s longstanding strategy of combining pharmacy, insurance, and healthcare services. Previously, the company expanded its healthcare operations through acquisitions and investments across several parts of the industry. Now, management expects the proposed division to improve business focus and allow each organization greater operational independence.
CVS Health expects to complete the proposed separation during the first half of 2028, subject to required approvals. The transaction would create two publicly traded businesses with separate leadership teams and independent operating priorities. However, both companies would continue serving different segments of the broader American healthcare market.
The restructuring follows years of expansion that transformed CVS from a pharmacy retailer into a diversified healthcare company. Its acquisition of Aetna strengthened its insurance operations, while other investments expanded its healthcare delivery services. Consequently, the proposed separation would reorganize businesses that previously formed the foundation of its integrated healthcare strategy.
Despite stronger quarterly figures, CVS shares declined sharply as the company announced its restructuring and revised financial outlook. The stock’s 12.28% drop contrasted with revenue growth, improved adjusted profitability, and higher annual earnings expectations. The planned separation now represents a significant milestone in CVS Health’s corporate strategy through the first half of 2028.
The post CVS Health Corporation (CVS) Stock: Sinks Despite Raising 2026 Earnings Guidance After Q3 Results appeared first on Blockonomi.
CoreWeave, Inc. plunged 10.08% to $48.33 on Wednesday, shedding $5.42 amid growing concerns over AI infrastructure expansion. Democratic election victories across major technology hubs raised fears of tighter restrictions on new data center construction. Falling bond prices added pressure as the company’s borrowing costs and expansion plans faced renewed scrutiny.
CoreWeave, Inc. Class A Common Stock, CRWV
The selloff followed Democratic victories in Texas, Ohio, and Georgia, where incoming governors have challenged rapid data center development. CoreWeave’s unsecured debt suffered sharp losses as financial markets assessed the potential impact on future construction. The political shift has intensified existing concerns about the company’s financing needs and ambitious growth targets.
Texas became a major focus after Democrat Gina Hinojosa defeated Republican Governor Greg Abbott in the November 3 election. Her victory ended more than three decades of Republican control over the state’s governorship. Hinojosa campaigned for a moratorium on new data centers, bringing potential construction restrictions into focus.
The political shift also extended to Ohio and Georgia, where Democratic candidates secured important gubernatorial victories. Ohio Governor-elect Amy Acton supported restrictions on data centers that fail to meet labor and energy standards. Georgia’s Keisha Lance Bottoms also entered office amid growing public opposition to unchecked infrastructure expansion.
These developments threaten companies that depend on securing land, electricity, and permits for large computing facilities. Growing concerns about electricity costs and water consumption have strengthened opposition to new projects across several states. As regulatory requirements could increase development expenses and delay the delivery of computing capacity.
CoreWeave’s debt market also weakened sharply as bondholders responded to the changing political environment and potential construction delays. According to Bloomberg pricing data, its unsecured notes maturing in 2031 fell to 79.5 cents per dollar. The decline placed those securities among the weakest performers in the high-yield corporate bond market on Wednesday.
The company’s obligations maturing in 2030 and 2032 also recorded substantial declines during the trading session. Yields on those securities exceeded 15%, reflecting elevated borrowing costs and growing concerns about repayment risk. Such financing conditions could complicate future capital raising as CoreWeave continues expanding its artificial intelligence computing infrastructure.
The company relies on significant financing to develop facilities and deploy advanced computing equipment for enterprise customers. Consequently, higher borrowing expenses can reduce financial flexibility while increasing the cost of delivering contracted computing services. These pressures have added to concerns about whether projected revenue growth can support the company’s expanding debt obligations.
Technology analyst Dan Ives estimated that political changes could prevent approximately 10% of planned American data centers from proceeding. His assessment covers between 800 and 1,000 proposed facilities, suggesting potential cancellations of 80 to 100 projects. Moreover, these restrictions could affect smaller cloud providers more directly because their growth depends heavily on new computing capacity.
CoreWeave faces substantial expansion requirements as it works to meet rising demand for artificial intelligence computing services. Analysts project revenue growth from $5.13 billion in 2025 to approximately $43.6 billion by 2028. Achieving those forecasts requires additional power connections, completed facilities, and continued access to financing.
The company operated 1.5 gigawatts of active capacity by June 30, compared with 4.2 gigawatts under contract in August. American customers accounted for approximately 93.6% of its 2025 revenue, increasing exposure to domestic infrastructure policies. CoreWeave’s stock decline reflects these pressures as political restrictions threaten expansion schedules and rising financing costs challenge profitability.
The post CoreWeave, Inc. (CRWV) Stock: Sinks as Democratic Election Wins Spark AI Infrastructure Fears appeared first on Blockonomi.
SpaceX stock falls below its IPO price despite 92% revenue growth as Thursday’s lock-up expiry threatens to add insider supply.
For over 350 years (roughly since 1661 when the first banknotes appeared in Europe), the relationship between gold and paper money has shaped global finance.