Bitcoin Slips Below Pre-Election Level as AI-Led Stock Selloff Hits Crypto
Bitcoin fell 5.4% to $75,871 as a sharp selloff in AI and semiconductor stocks dragged crypto majors lower, with over $1.1 billion in longs liquidated.
Read articleBitcoin fell 5.4% to $75,871 as a sharp selloff in AI and semiconductor stocks dragged crypto majors lower, with over $1.1 billion in longs liquidated.
Ethereum core developers have delayed implementing the Glamsterdam upgrade on the Hoodi testnet until security concerns involving eight smart contract invariants are resolved.
Bitcoin fell below $76,000 after a rebound above $80,000 failed to hold, as spot buying remained weak and US spot Bitcoin and Ether ETFs recorded $530.1 million in combined outflows.
A Wall Street sell-off and U.S. midterm elections drove sharp volatility in bitcoin, while XRP fell below $1.20 and Hyperliquid's HYPE token tumbled 15% on the week.
Sui's USDC integration with Samsung Wallet is set to launch later in November for eligible US Galaxy users, offering fee-free transfers that do not require holding SUI tokens.
The Opentensor Foundation has introduced three post-quantum signing algorithms for TAO transfers, staking, and validator operations, though the feature is not yet live on mainnet.
More than 90% of the stocks initially targeted by OKX and NYSE-backed OKXICE face issuer objections, while a $92 median liquidity figure highlights challenges for round-the-clock tokenized trading.
The Trump-backed DeFi project says it will use fees from its USD1 stablecoin reserves to buy back its WLFI token, as House Democrats signal potential investigations.
TeraWulf reported $76.2 million in Q3 revenue, with HPC leases contributing about 83%, and reaffirmed its annual capacity growth target.
Strategy founder Michael Saylor said Bitcoin is rebounding from its 200-week moving average and could enter a two- to three-year bull market, citing rising dominance, ETF inflows, and institutional demand.