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AI stocks fall as Texas governor result raises data center risks
AI‑related stocks declined following the Texas gubernatorial election outcome, which highlighted heightened risk for data centers in the state and sparked investor concerns.
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DescriptionNews
AI‑related stocks declined following the Texas gubernatorial election outcome, which highlighted heightened risk for data centers in the state and sparked investor concerns.
News
On 29 October Binance posted an update titled "Initial Findings & Response Update" about a recent security incident, sharing its initial findings and describing the steps taken in response while emphasizing transparency, security, and urging users to stay informed and vigilant.
News
Experts say that targeted attacks on substations could cause blackouts lasting 14 to 20 hours per day this winter, even though nuclear power plants remain operational. They note that the power generation capacity exists but cannot be transmitted due to the attacks. Businesses are already buying electricity at 17 hryvnias per kilowatt‑hour.
Update
ZEC is the only significant mover with a 8.2% increase on $183 million of volume. BNB and LINK are among the losers, with BNB down 0.2% and LINK down 1.4%. Fear & Greed index is at 34 (Fear), up from 26 the previous day. Mercado Bitcoin's withdrawal freeze is a potential wildcard for the market.
Exchange Listing
Bitget, a cryptocurrency exchange, has announced the listing of KOR Protocol (KOR) in the spot market. Trading will open on November 4, 2026, at 14:00 UTC, with withdrawals opening on November 5, 2026, at 15:00 UTC. More details are available on Bitget's support page.
All Time High
Bhutan's King signed a decree allowing Gelephu Mindfulness City to have a central bank authorized to manage monetary policy and potentially launch its own currency.
Hacking News
The Venus Protocol reminds users to be vigilant against phishing attempts and impersonation of Venus Protocol or its team. They advise not to provide private keys or seed phrases to anyone, and to always access the official Venus decentralized application (dApp) at when interacting with the protocol. Users are also advised not to click on suspicious links and to verify the identity of anyone claiming to be a Venus Protocol team member before continuing communication.
Price Prediction
An analyst predicts XRP could reach $5 to $8 by 2027, but anticipates short-term weakness before the year's end. Currently trading around $1.25, XRP has seen significant declines over the past month and year, with concerns about potential further drops unless it regains the $1.30 support level.
News
South Korea's ruling party seeks to postpone the implementation of crypto tax regulations by approximately two years, citing the need for global tax-sharing rules and a new digital assets law.
News
Democrats have won control of the US Senate, according to the Associated Press. This shift could reshape the outlook for the stalled CLARITY Act and bring more congressional scrutiny of Trump-linked crypto businesses. The result could also affect confirmation of future presidential nominees to regulatory posts.
Update
Cryptocurrency derivatives exchange Bitmex co-founder and Maelstrom chief investment officer Arthur Hayes linked bitcoin's next rally to renewed dollar liquidity from commercial banks or the Federal Reserve. His outlook includes bitcoin potentially reaching $1 million and a money-creation-driven crypto bull run.
News
Democrats are expected to gain control of the Senate and House in the midterms, signaling a shift in government branches dominated by Republicans. The crypto industry will likely experience changes in policy and regulations as a result.
News
The Democratic Party regained control of both the Senate and House of Representatives in the midterm elections, reversing the anticipated Republican gains. Bitcoin's price dropped to $76,700 following the election results, reflecting negative sentiment towards a party historically less favorable to the crypto industry. Despite the setback with the Clarity Act being blocked, analysts believe that regulatory clarity could still be achieved through actions by the SEC and CFTC, suggesting a resilient outlook for the crypto sector.
News
Live updates report that the 2026 midterm elections resulted in Democrats gaining control of both the Senate and the House, marking a significant shift in congressional power.
News
Leaders from Saudi Arabia and Turkey are calling for Trump to extend diplomatic efforts with Iran. Netanyahu pushes for a U.S.-Israeli military operation against Iran, influenced by the upcoming U.S. midterm elections.
Update
Kalshi and Polymarket US both achieved all-time monthly volume records in October. Hyperliquid: Kraken parent Payward is set to be the first CFTC-regulated HIP-3 deployer. Initia halted its network due to a security incident, with an attacker reportedly minting tokens. HSBC launched its first HKD stablecoin, RedCoin, for retail users.
News
Live coverage provides real‑time updates on Jeffries' remarks following projections that Democrats will secure control of the U.S. House of Representatives.
News
Justin Sun has called for sanctions to be imposed on World Liberty Financial, a company linked to former President Trump. He alleges the firm has connections to the United Arab Emirates. The report was published by CoinDesk.
Hacking News
Binance has disclosed details of a security breach that resulted in a $6.34 billion loss. The attack involved fake job interviews, malicious software, compromised employee devices, stolen credentials, and the exploitation of internal AI tools. Binance has frozen or intercepted $2.85 billion and has replenished 98% of the impacted assets.
Update
Bitget, the world's largest Universal Exchange, is offering VIP subscription services for users who wish to trade with USDT or USDGO. The VIP subscription is available up to $3 million per user, and the historical allocation rate for the subscription is 40-80%.
Funding
Bitget, a cryptocurrency exchange, is launching two subscription rounds for its IPO Prime product. The VIP Round, running from November 5 to 9, offers a higher chance of receiving a larger allocation but with higher fees. The Public Round, from November 10 to 17, has lower fees and broader access but with less certain allocation. Users can subscribe using USDT and receive an rToken for their allocation in their Bitget account. The product is designed to give retail investors access to US IPOs through an institutional placement network.
News
AMD reported third-quarter revenue of $13.377 billion, up 45% year-over-year, setting a new quarterly record. The company guided for approximately $17 billion in fourth-quarter revenue, implying roughly 66% year-over-year growth and about 27% sequential growth. The stock rose more than 9% in after-hours trading.
News
Election updates indicate Talarico is projected to win the Texas Senate seat in the 2026 midterm elections, with live reporting of the developing results.
Update
DigiFinex, a cryptocurrency exchange, has announced the delisting of three tokens: VELO, DIMO, and DOLO. Trading, deposits, and withdrawals for these tokens have been affected. The exchange will continue to monitor all pairs and protect user interests.
Growth
XRP wallets holding at least 1 million tokens reached their highest count of 2026, according to Santiment. The analytics firm interpreted the increase during price weakness as a sign of accumulation, with stronger confirmation dependent on a sustained recovery. Santiment reported that XRP now has 2,147 wallets holding at least 1 million tokens, the highest count of 2026. The group gained 28 wallets over the preceding 10 days, including 18 during the final three days, accounting for nearly two-thirds of the overall increase.
News
Live updates report that Democrats have won a South Carolina Senate seat and are projected to secure a majority in the House in the 2026 midterm elections.
Update
GM, DeFi community! The article provides guidance on the first moves to take with $USDD, including holding stablecoins, exploring yield opportunities, swapping between stablecoins, and transferring to another wallet. The article is a reminder of the typical actions one might take with the stablecoin.
News
Iranian Foreign Minister Araghchi informed Al Jazeera that Iranian delegates have landed in Doha to participate in discussions regarding the nuclear program. Representatives from the U.S. and Iran could engage in direct talks after advancements in indirect negotiations mediated by Qatar and Pakistan. Iran is open to expediting the timeline for reopening the Strait of Hormuz if certain conditions are fulfilled, including sanctions relief and the unfreezing of assets.
News
The Commodity Futures Trading Commission (CFTC) faces a lawsuit over the approval of stock perpetual futures contracts. Five altcoins—Raydium (RAY), Ethena (ENA), Curve DAO (CRV), VeChain (VET), and Optimism (OP)—are drawing market attention amid growing regulatory uncertainty. The lawsuit challenges the CFTC's authority over these products, suggesting they should be regulated by the Securities and Exchange Commission (SEC).
News
AMD (AMD) reported strong Q3 2026 earnings, with total revenue of $13.377 billion, up 45% from the previous year. Data center revenue nearly doubled to $8.546 billion, while gaming segment revenue declined by 40%. The company raised its Q4 guidance to $17 billion, marking a significant upward revision. The stock surged over 9% in after-hours trading.