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Stories from the past month. Subscribers see every story as it happens, and the full history.
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DescriptionUpdate
The U.S. held midterm elections on November 3. On November 2, spot Bitcoin ETFs saw $399 million in outflows, following $643 million on October 30. Strategy bought 811 more BTC, bringing total holdings to 849,327 BTC.
Hacking News
Crypto scammers are using anti-Muslim posts on X (X) to attract followers and build audiences before promoting fraudulent investment opportunities in cryptocurrencies XRP and XLM. The Center for the Study of Organized Hate (CSOH) identified over 220 accounts suspected of financial or sexual bait scams. These accounts first promoted political content and warnings about a banking collapse or financial reset, before directing users to XRP and XLM investments. The accounts, which referenced President Donald Trump and political movements, did not have direct ties to the referenced individuals or entities.
Funding
Bitget has launched Wall Street channels for the Anthropic IPO, offering allocations ranging from 40-80% of the rTokens. The channels are open to all users and include VIP subscription options with higher subscription caps and exclusive rewards for new users who register and make a first deposit. The public round closes the day before the IPO, which is estimated to list on November 18. VIP and public round allocations are expected to be delivered within 3-5 working days after the IPO.
Hacking News
Binance's SAFU emergency reserve, which held 15,000 BTC, lost half of its 7,500 BTC holdings to a hot-wallet hack. The remaining 7,500 BTC were moved to an unlabeled, high-volume address. The coins have since been transferred to a seasoned wallet with 2,400+ transactions, and 9,346 BTC were sent to a single output. The Binance incident report attributes the hack to a tainted developer install and an abused internal wallet service, but does not mention SAFU. The fund's rule to refill SAFU to $1B from BTC price moves has not been triggered due to spending, and the exchange has not disclosed who currently holds the remaining coins.
News
SpaceX and Tesla shares dropped about 4% after Democrats secured a major electoral victory, while stocks of AI data center companies also declined. The market movement reflects investor reaction to the political outcome.
Update
Crypto analysts identify key resistance levels and potential price targets for SUI, AAVE, and Chainlink (LINK) after their prices rebounded from an October selloff. The buy signals suggest a possible price increase for these altcoins.
Update
Google has committed $15 billion to expand its data centers in Malaysia, building on its existing Selangor cloud region, Port Dickson campus, and water project. The investment includes plans for two more campuses in Selangor, with a total capacity estimate ranging from 500 MW to 1 GW. Google has also committed $160 million to shared water infrastructure in Negeri Sembilan, including an off-river storage reservoir and a water treatment plant to provide potable water for the campus and the surrounding community. The project is contracted to Gamuda Berhad, a Malaysian construction group.
News
The GENIUS Act establishes a federal framework for issuing payment stablecoins but does not eliminate money‑transmission regulation for firms that handle them. Exchanges, wallets, payment processors and remittance companies may still need to register with FinCEN and obtain state money‑transmitter or virtual‑currency licenses. State‑law preemption applies only to qualified payment stablecoin issuers and certain subsidiaries, not to third‑party service providers. The OCC’s final rule takes effect on January 18, 2027, yet existing licensing obligations remain. State‑qualified issuers receive limited protections while consumer‑protection laws continue to apply.
News
U.S. Senator Marco Rubio stated that former President Trump has not made a decision regarding new military strikes against Iran. Rubio emphasized that the U.S. is willing to address concerns with Iran, but only in ways that serve Washington's interests.
Update
Gate Square is running a campaign where users can earn 1 $GT by sharing market views, trading strategies, or trade recaps on their platform. Each day, 3 top creators receive a 100 $USDT position trial voucher, and quality posts have a chance to receive a surprise 1 $GT reward. Participation counts towards weekly bonus draws.
New Coin Listing
Top privacy sector assets now live on Zcash (ZEC) futures trading. Users can claim 3 USDT on their first trade and win up to 8,000 USDT with volume rankings. VIP users receive additional rewards up to 20 USDT. Users can register for the platform at
News
Markets are closely watching the ADP Employment Report and the ISM Services PMI to gauge labor-market conditions and business activity. Investors will also monitor Qualcomm and Arm earnings for signals about semiconductor demand, AI adoption, and technology-sector growth. Economic data could influence Federal Reserve rate expectations, the U.S. dollar, Treasury yields, and gold prices.
Hacking News
French bank Crédit Mutuel Arkéa reports over $133 million stolen, with funds reportedly moved out of multiple accounts on exchanges starting from November 1. The bank has neither confirmed nor denied the theft.
New Web Product
THORWallet Terminal now allows users to bond their $RUNE and receive rewards in their favorite asset, such as $RUNE, $USDC, $BTC, $ETH, or $SOL. Users can choose to grow their bond or get paid out in the desired asset.
Price Prediction
Bitcoin, Ethereum, and XRP are showing different signs of resilience in the cryptocurrency market. Bitcoin has gained some ground after facing rejection near $82,420, with buyers targeting $80,500. Ethereum and XRP face stronger selling pressure, trading below their major daily moving averages. Bitcoin's recovery follows selling pressure near $82,420, where sellers previously interrupted the upward move. The 0.618 Fibonacci level at $77,927 provides immediate support, but Bitcoin still trades below its 20-day EMA at $79,717 and 50-day EMA at $80,054. The Directional Movement Index (DMI) indicates a relatively strong directional trend with buyers currently holding the short-term advantage.
Hacking News
THORChain, a decentralized exchange, was hacked, resulting in the freezing of approximately $1.4 million in Tether (USDT) across four of its vaults. THORChain's co-founder, Chad Barraford, interviewed on the issue, stating that while the freezing of DEX pools would be suicide for a stablecoin, the protocol's permissionless nature allows it to still hold assets whose issuer can freeze them. The interview discusses the decentralized governance model and the power dynamics in blockchain networks.
Update
Block Inc., the payments company formerly known as Square, added 120 Bitcoin to its corporate balance sheet during the third quarter of 2026, bringing its total holdings to 9,237 BTC. The purchase was funded by reinvesting part of the gross profit generated by its Bitcoin ecosystem, which runs mainly through Cash App transactions. Despite a 50% year-over-year decline in Bitcoin ecosystem gross profit to $52 million, Block's overall gross profit for the quarter increased by 22% to $3.24 billion. The company, trading on the NYSE under the ticker XYZ, has been accumulating Bitcoin since October 2020 for its corporate treasury, with a strategy based on profit generation rather than speculative trading.
Update
The crypto market experienced liquidations of about $435 million in 24 hours, with Bitcoin and Ethereum being the hardest hit. Total liquidations reached $440 million, affecting 91,821 traders. Longs took the biggest hit with $269 million, while shorts accounted for $171 million. Liquidations were reported on major exchanges such as Binance and OKX, with the largest single liquidation on Binance's ETHUSDT market at $5.03 million.
News
On November 4, the average exchange rate for the dollar decreased by 3 kopecks in buying and selling. The euro's rate increased by 2 kopecks in buying and by 1 kopeck in selling.
News
Planned for Dec 7‑10 in Abu Dhabi, BeInCrypto team will be on site.
News
Occurs Nov 28‑29 in Bangkok, with BeInCrypto NewsDesk presence.
News
Set for Nov 24 in London, BeInCrypto will attend for coverage.
News
Scheduled for Nov 13 in New York City, featuring BeInCrypto NewsDesk interviews with industry leaders.
Update
Shiba Inu (SHIB) continues to struggle below key resistance levels despite a massive 92 billion SHIB inflow surge into exchanges. The surge, while significant, has not triggered a meaningful recovery due to weak buyer demand. Exchange reserves have increased, but the actual market impact remains limited given the low price of SHIB and the relatively small percentage of total reserves involved.
Update
Gate.AI, a unified AI model access and management platform, has been launched. The platform connects to over 200 leading AI models through a single API, including GPT, Claude, Gemini, and DeepSeek. It features intelligent routing, enterprise governance, cost management, and data privacy controls. The platform is designed to simplify AI integration, optimize performance, and maintain control over costs and operations for businesses.
Update
Bitcoin dropped to a 7-week low of $75,600 following the US midterm elections, but quickly rebounded to over $78,000. Analysts suggest the recent price action may indicate a local bottom, with support around $75,800 potentially leading to further upward movement if it can reclaim the $80,000 resistance level.
Update
South Korea's Financial Services Commission (FSC) requested domestic crypto exchanges to hold more customer assets offline in response to the Binance hack. Additional measures include transfer monitoring and extra response staff.
News
The expansion of AI data centers has become a significant issue in recent U.S. state and local elections. Both voters and candidates express concerns over the impact on electricity bills. Data centers are estimated to account for a substantial portion of rising capacity-auction costs in the PJM grid region, leading to noticeable impacts on monthly electricity bills in states like Ohio and Maryland. This growing opposition suggests that data centers have become a politically viable topic, potentially influencing legislative actions and utility regulations. Discussions around data center moratoriums are ongoing in states such as Louisiana, Oklahoma, and Missouri, where key actors, including governors and state legislatures, may introduce bills or executive orders addressing the issue. The reaction of utilities and local governments to public opposition will also be critical in shaping future policy decisions.
News
U.S. Senator Marco Rubio mentioned that former President Donald Trump believes Russia's involvement in G20 negotiations is essential. Rubio also noted the U.S. is open to inviting Ukraine's President Volodymyr Zelensky to the G20 summit.
News
Oracle canceled a $7 billion, five‑year chip leasing contract with Chinese internet giant Tencent. The agreement would have provided Tencent with up to 100,000 advanced AI chips for data centers in Southeast Asia. The cancellation came after U.S. officials raised concerns and Beijing urged Tencent to use domestic chips. The move reflects heightened U.S.–China tensions over AI chip access. Stock reactions showed Tencent up 1.10%, Oracle down 1.18% and Nvidia down 0.30% after the news.