News
Currency Rates Change on November 4
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 / Archive
Earlier crypto stories
Stories from the past month. Subscribers see every story as it happens, and the full history.
Page 91
DescriptionNews
Abu Dhabi Finance Week
Planned for Dec 7‑10 in Abu Dhabi, BeInCrypto team will be on site.
News
Binance Blockchain Week
Occurs Nov 28‑29 in Bangkok, with BeInCrypto NewsDesk presence.
News
Finance Magnates London Summit
Set for Nov 24 in London, BeInCrypto will attend for coverage.
News
Digital Assets Forum New York
Scheduled for Nov 13 in New York City, featuring BeInCrypto NewsDesk interviews with industry leaders.
Update
Shiba Inu Stalls Despite Large Inflow Surge
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 Launches Unified AI Model Access Platform
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 Rebounds After Midterm Elections
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 Orders Crypto Wallet Lockdown
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
AI Data Centers Drive Electricity Cost Debate in US Elections
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
Senator Rubio on Russia's Role in G20 Negotiations
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 cancels $7 billion AI chip leasing deal with Tencent amid US pressure
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.
Hacking News
BitMart Hacked: $391,000 Stolen
BitMart, a cryptocurrency exchange, has confirmed a hack where approximately $391,000 has been drained from customer accounts. The founder, Sheldon Xia, stated the amount is small. The hack occurred on November 2, the same day as a similar attack on Brazilian exchange Mercado Bitcoin. BitMart halted trading in August and is currently undergoing restructuring with unresolved customer withdrawals.
All Time Low
UMXM/USDT Price Hits New Low
UMXM/USDT trading pair's price has dropped to 0.00900 USDT, marking a 23.65% decrease from its previous high of 0.01320 USDT over the past 24 hours.
Funding
Bitget Affiliate Program Launches with 600 USDT Reward Pool
Bitget has launched a new affiliate program with a 600 USDT reward pool for new applicants. Applicants must complete their application and share their status in the Bitget affiliate community using the hashtag #BitgetAffiliateChallenge. The program offers up to 50% rebates and 600 USDT as a trading gift. Applicants must also invite one new user to complete identity verification to receive additional benefits such as VIP1 trial passes, lifetime 40% rebates, and 10% commission boost for the first month. The promotion is exclusive to invited users and is subject to eligibility and campaign rules.
Update
FinChain Partners with Plume to Launch Yield Product
FinChain and Plume have launched FLEX & FINO, a leveraged FUSD yield strategy targeting an annual percentage yield (APY) of up to 7.2%, with a 90% utilization cap and integration with KuCoin.
Update
Bitcoin Recovers Above $76,000 Amid Political Uncertainty
Bitcoin recovered above $76,000 on Wednesday, recovering from a brief drop below $76,000. The market saw gains in other cryptocurrencies such as Ethereum, with Bitcoin up 1.62% at $77,984 and Ethereum up 1.99% at $2,301. The market cap was $2.73 trillion, with Bitcoin maintaining a dominance of 57.6%. The Fear & Greed Index stood at 34 (Fear).
Update
Zcash Committee Withdraws Funding Plan
The Zcash grants committee has withdrawn its proposal to redirect 98,000 ZEC to future mining rewards due to community backlash. Competing plans to cut funding or preserve the grants system are now in play.
Event
Legend of YMIR Cup Season 3 World Championship Scheduled for November 2026
The WEMIX PLAY team announced the schedule for the Legend of YMIR Cup Season 3 World Championship taking place in Seoul. The semifinals for the World Championship and the Colosseum Tournament will occur on November 28, 2026. The finals and special Legend Matches will take place on November 29, 2026. The Legend Matches will feature winning servers from the World Championship and Colosseum Tournament competing against the Korean service champion team. The event will be broadcast live globally on platforms including YouTube, Facebook, and Twitch.
News
Fed December Rate Hike Probability Rises to 76.9%
The probability of a Federal Reserve rate hike taking place in December has risen to 76.9 percent as Democrats won control of Congress. CME is noted as a related asset to this report.
All Time High
USDD TVL and Circulating Supply Hit New All-Time Highs
USDD's circulating supply surpassed 1.81 billion, while TVL exceeded $2.51 billion, setting new all-time highs twice in a single week. The USDD × BinanceWallet Strategy Season 9 campaign continues to offer users ultra-low stability fees, with just 0.5% for TRX Vault and 1% for sTRX Vault. USDD also participated in TOKEN2049 Singapore 2026, where visitors could claim exclusive USDD merchandise.
News
Democrats' Midterm Victory Affects Bitcoin
Democrats' control of Congress following their midterm victory could delay the CLARITY Act and increase scrutiny on the crypto industry, but analysts predict Bitcoin will likely continue to rise in the long term. Bitcoin broke above $78,000 as Democrats took control of both chambers of Congress, strengthening their ability to oversee the Trump administration. The election result may affect the regulatory outlook, with a Democratic-controlled Congress potentially slowing market structure legislation and increasing scrutiny of the crypto industry.
Hacking News
Fake Police Calls and Ledger Emails Used to Steal Crypto Wallet Recovery Phrases
Crypto holders are being targeted by scammers posing as police officers and Ledger support staff. The callers claim victims' personal or wallet information surfaced during a criminal investigation and that their crypto accounts may be at risk. They use real automated emails from Ledger's support system to create a sense of urgency, tricking victims into revealing their 24-word recovery phrases or entering them on fake websites. Multiple Reddit users have reported similar calls, with some victims receiving a second call from an individual pretending to be from Ledger. The scammers exploit Ledger's genuine support ticketing system to make their calls appear legitimate, directing victims to lookalike diagnostic or recovery pages where the phrase may be asked for to validate ownership.
News
Bitcoin Bounces from 7-Week Low
Bitcoin price fell to a seven-week low of $75,618 on Wednesday, following the Democratic sweep of the midterm elections. The pair rebounded to $78,039 over the next three hours. Crypto markets saw $288 million in liquidations of long positions, with concerns over data-center and AI capital expenditure contributing to the adverse market reaction to the election outcome.
Price Prediction
Chainlink Price Prediction for November 2026
Chainlink (LINK) price prediction for November remains bearish, with the 200-day average at $11.01 needed to be reclaimed after October's 18.7% drop. The current price is $10.96, down 0.50% on the day and about 30% below its late-September high of $15.75. A daily close above $11.01 would put LINK back above its 200-day exponential moving average (EMA).
News
US Midterm Election Results Near a Close and Analysts Believe the Aftermath Would Be Positive for Crypto
US Midterm election results are nearing a close, and analysts believe the aftermath would be positive for #crypto. Analysts anticipate a volatile week, but believe the long-term outlook is positive for crypto. Trump's second term as President of the United States has seen several promises to the crypto community, though some analysts believe the next bull market surge will occur in 2027 instead of 2025. The analyst notes that the Republicans are losing in the US Midterm elections, but believes this will be good for crypto holders in the long-term. The analyst also suggests that if the Democrats win the house and senate, the USA will have a blue wave with the presidency as their goal, which Republicans would want to keep.
Update
Renault Megane 1.5 dCi vs Audi A6 2.5 TDI: Price Comparison
The Institute of Automotive Research compared the cost of driving 100 kilometers for popular models in Ukraine, ranging from 428 грн for Renault Megane 1.5 dCi to 846 грн for Audi A6 2.5 TDI. For the same budget of 1000 грн, the Renault Megane can travel approximately 233 km, while the Audi A6 can only travel about 118 km. The Institute also provided a calculator for the cost of 100 km for different types of vehicles.
Update
Gate Adds Weekend Trading for XAUUSD CFDs
Gate, a cryptocurrency exchange, has introduced weekend trading for XAUUSD CFDs (Contracts for Difference) to its closed beta clients. Previously, the market was closed daily from 21:00 to 22:00 (UTC). Now, clients can trade during weekdays and the newly added weekend hours, which are subject to account page display.
Update
KuCoin Crypto Loan Allows Users to Use Holdings as Collateral for Borrowing
KuCoin Crypto Loan allows users to use their crypto holdings as collateral to borrow other assets for trading or investment. Collateral assets continue to earn Hold to Earn yield while pledged. Users can also use borrowed assets from their Funding Account as collateral. The platform's Crypto Loan feature requires KYC Verification and supports multiple digital assets as collateral. Interest rates are calculated hourly and can change based on market supply and demand. The LTV ratio shows the amount borrowed compared to the value of collateral, with warning and liquidation thresholds defined to manage risk.
Event
CryptoFest 8th Edition
Date From: 20 November 2026 · Date To: 20 November 2026 · Venue: Cape Town, South Africa · Mode: Offline · Price: Free CryptoFest is a premier annual Web3 conference in Cape Town focusing on crypto, blockchain, and DeFi, featuring 220+ speakers from 120+ countries. The announcement promotes limited sponsorship slots, outlining benefits such as brand visibility, networking, and speaking opportunities, and notes that tickets are now available.