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Bitcoin breaks above $76,000, up 0.31% on the day
Bitcoin broke above $76,000 and was trading at $76,000.40 a coin, up 0.31% intraday, according to OKX market data.
South Korea to waive brokers' 140% margin loan collateral rule for three months
South Korea will waive the 140% margin loan collateral requirement for brokers for three months from 9 November.
Previous related news
- US 'Magnificent Seven' lose about $1.04tn in a day as AI optimism fades
- AI bubble fears spark $5.7tn US stock sell-off after midterm results
- Wall Street sell-off spread from retail to hedge funds, Vanda Research strategist says
Yi He says CoinMarketCap has verified Binance's new addresses
Binance co-CEO Yi He said CoinMarketCap has checked Binance's new addresses with the exchange and now shows accurate asset data, and invited other platforms to contact Binance to update their addresses.
Goldman Sachs says gold's slide is driven by speculative unwinding, not real rates
Goldman Sachs attributes gold's recent decline mainly to large-scale liquidation by speculative funds rather than changes in real interest rates. CFTC data show speculators sold about $8bn of gold positions from 20 to 27 October, $5.2bn from long liquidation and $2.8bn from new shorts, with $19.5bn of net outflows over five straight weeks since 22 September.
South Korea to unveil Digital Asset Basic Act draft this month
South Korea plans to publish a draft of its Digital Asset Basic Act this month, with a grace period favoured for the cap on exchange ownership.
Web3Auth publishes Keplr recovery addresses, says transfers are not attackers'
Web3Auth has published verified recovery wallet addresses across networks including Cosmos Hub, Osmosis, Celestia, Akash, Noble, Injective, dYdX, Babylon, Axelar, Saga and Agoric, plus EVM addresses on eight chains, saying some recovery transfers were mistaken for attacker activity. It says the addresses are not attacker-controlled and more will follow.
Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause
Chamath Palihapitiya said on an All-In Podcast episode aired on 8 November that the SpaceX-Anthropic compute supply contract includes a 90-day mutual exit clause, which could let SpaceX reprice supply at two to three times spot if state permit freezes tighten capacity. Democratic midterm wins led several new governors to suspend new data centre permits pending rules, and Nvidia, Tesla, AMD and Micron shares fell sharply.
Previous related news
- Sequoia's Shaun Maguire says SpaceX is on the eve of Nvidia-style growth
- Musk is gradually turning SpaceX's AI business into renting compute to Anthropic and Google…
- SpaceX agrees GPU equipment lease with Apollo worth $40bn in principal
JD Coinlink website appears offline as Hong Kong registration remains
The website of JD Coinlink appears to be offline and cannot be accessed, while company records show JINGDONG Coinlink Technology Hong Kong Limited remains registered. JD had announced a Hong Kong-issued stablecoin pegged 1:1 to the Hong Kong dollar, and Coinlink was a participant in the HKMA's stablecoin issuer sandbox but was not among the first licensed issuers.
Galaxy's Alex Thorn says key digital asset legislation may stall after midterms
Galaxy Research warned that a Democratic sweep of both chambers could bring stricter congressional oversight of crypto, with Elizabeth Warren chairing the Senate Banking Committee and Maxine Waters leading House Financial Services. Research head Alex Thorn expects no substantive progress on key digital asset legislation, though the SEC, CFTC and bank regulators can keep shaping rules under existing authority.
Trust Wallet CEO Felix says wallet unaffected by Web3Auth issue
Trust Wallet chief executive Felix said on X that Trust Wallet was not affected by a security issue at Web3Auth, which has temporarily suspended its embedded wallet service for some third-party users.
Stop Dirty Data Centres says protests across Europe target AI data centre expansion
Demonstrations against data centre expansion continued in several European cities on 7 November, with about 2,000 marchers in Dublin and about 1,300 in Helsinki, where protesters walked to Google's offices and the parliament. The Stop Dirty Data Centres coalition, made up of local democracy and climate groups, called for a pause on construction until the public decides democratically how projects should serve society and the environment.
Linda Xie says six angel returns above cost all came from crypto
Scalar Capital co-founder Linda Xie says six of her 50 personal angel investments have returned more than their initial outlay, all in crypto, while her highest paper return is an AI company. Twelve companies have shut down or exited via talent acquisitions, seven of them with zero return.
Tether to take part in Juventus capital increase with about $32.2m
Tether, which holds about 11.5% of Juventus, will join the €250m capital increase proposed by majority owner Exor and contribute €28.8m (about $32.2m) in line with its stake. At the shareholders' meeting Tether abstained on other ordinary resolutions, including approval of a €66m loss and board appointments.
Binance tells some European users to withdraw as accounts close on 31 December 2026
Binance is telling users in Spain, France, Italy and Poland to withdraw their crypto assets, with remaining balances charged 0.025% a month or 10 USDC, whichever is higher, from 29 November. A Binance spokesperson said affected accounts will close on 31 December 2026 as the firm curtails services after the EU's MiCA transition period; deposits are restricted but withdrawals remain open.
Bitcoin and ether funding rates stay neutral as market steadies, CoinGlass data show
Bitcoin traded at $75,953.19, up 0.09% over 24 hours, with its open-interest-weighted funding rate at 0.0087% and volume-weighted rate at 0.0081%, both neutral, CoinGlass data show. Ether's rates rose to 0.0068% and 0.0064%, easing bearish sentiment.
Centrifuge launches tokenised Schroders emerging markets bond feeder fund on Solana
Centrifuge, through its asset management affiliate Anemoy, has launched a tokenised feeder fund for Schroders' SISF emerging markets bond fund on Solana. Subscriptions and redemptions settle in USDC, with a $100,000 minimum for non-US professional investors.
Previous related news
- Schroders launches first tokenised investment strategy on Solana as SISF
- Schroders emerging-market bond fund on Solana run by 40 specialists
- Schroders to tokenise emerging-market bond strategy on Solana with Centrifuge
He Yi says Binance Pay transfers will add three-step confirmation
Binance co-founder He Yi said Binance Pay transfers will add three-step confirmation after users sent funds to the wrong account via two separate apps. She said she would personally cover the losses of the affected user.
CZ says infighting in crypto is pointless as assets move together
Meta Financial AI said exchange tokens are hit first in major crises, citing FTX, WazirX and Bitget, and noted Binance's $6.3bn hack on 29 October. CZ replied that most crypto assets move largely in step, so infighting is pointless, calling for the industry to be 'decentralised but united'.
Morgan Stanley says add exposure over next two to three weeks after US tech slide
Wall Street sees a buy-the-dip opportunity after a US tech slide, with Morgan Stanley saying investors should add exposure over the next two to three weeks.
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