Today's Crypto and Bitcoin News
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2026/11/08
BTC drops 2.77% ahead of weekly K-line close, $715M in long positions liquidated within one hour
Huo Xing Finance reports that on November 9, according to market data, Bitcoin experienced a sharp flash crash just before the daily and weekly candlesticks closed, dropping 2.77% within 15 minutes and briefly falling to $73,510 before gradually recovering to near its initial decline level; it is cu
Polymarket account dubdubdub2's chain data does not support speculation regarding premature poll access.
ME News reports that on November 9 (UTC+8), on-chain analysis targeting the Polymarket account dubdubdub2, which was questioned by The New York Times, revealed that the trader has long engaged in large-scale speculative and DeFi transactions, holding relevant election positions until settlement rath
Threshold Resumes tBTC Bridge Onchain, App Still Paused
Threshold Network said Nov. 8 that its tBTC bridge had resumed onchain after security maintenance, nine days after the pause began, but its app remained closed to new deposits, minting and Bitcoin redemptions.Operators are reconnecting on patched systems, and the bridge will “return to full operatio
China Approves Lithium Hydroxide and Sunflower Oil Futures; Trump Comments on Possibility of War with Iran
Review today's market trends and stay on top of market dynamics. Good morning, listeners. Today is Monday, November 9, 2026. Welcome to Futures Morning Peak. Futures Morning Peak—the top choice for millions of futures professionals!Futures Morning Rush - Audio VersionFemale Mandarin versionDownload
Vitalik Buterin Proposes ETH as Store of Value, Crypto Markets Drop After US Election
This roundup covers Vitalik Buterin's proposed direction for Ethereum and the US election's consequences for cryptocurrency markets and regulation. Ethereum creator Buterin argues that the network should present ETH as a store of value instead of relying on fee burning to establish value. Buterin sa
Major Earnings Scheduled Before Monday's Market Open
Major earnings expected before the bell on Monday include:Barrick Mining Corporation (B)Constellation Energy Corporation (CEG)KKR & Co. (KKR)NRG Energy (NRG)Global Ship Lease (GSL)Other earnings slated for release before Monday's open include:AAON, AIOT, AMG, CECO, CEVA, CGEN, CN...
Tether CEO: The USDT contract contains only 300 lines of code and serves over 730 million users.
ME News reports that on November 9 (UTC+8), Paolo Ardoino, speaking at the 2026 Lugano Plan ₿ forum, stated that USDT is essentially a smart contract consisting of only about 300 lines of code, transforming the lives of hundreds of millions of people. Tether currently has over 730 million users, add
Bitcoin Slides for Five Weeks as AI Stock Sell-Off Spills Into Crypto
Bitcoin has closed lower for five straight weeks, and last week’s sharp selloff in AI stocks added to the pressure. The price now sits between its 50-day moving average at $81,800 and its 200-day average at $73,200, trading around $75,950 on November 8.AI Stock Selloff Spreads to CryptoThe Nasdaq Co
Tether CEO Reveals USDT Contract Has Only 300 Lines of Code and Serves Over 730 Million Users
[Tether CEO: USDT Contract Is Only About 300 Lines of Code, Serving Over 730 Million Users] Gold Finance reports that Tether CEO Paolo Ardoino delivered a speech at the 2026 Lugano Plan ₿ Forum. He stated that USDT is essentially a smart contract consisting of only about 300 lines of code, yet it ha
AVAX Falls 28% in Four Weeks, Underperforming Bitcoin and Ether
Avalanche’s AVAX fell 27.6% over the 28 days to Nov. 8, 2026, dropping below $8 as the token’s autumn outperformance gave way to deeper losses than bitcoin and ether.CoinGecko’s dollar price series puts AVAX at $7.85 at 5 p.m. ET on Nov. 8, down from $10.85 at 6 p.m. ET on Oct. 11. Over those identi
Bitcoin falls below the strategy's average buy price, holding a floating loss of $500 million.
ChainCatcher report, according to The Defiant, Bitcoin fell below Strategy’s average purchase cost of $75,451 per coin on November 8 Eastern Time. The trading price for BTC-USD on Coinbase was $74,862.89 at 05:54 Beijing Time on November 9. Strategy previously disclosed that, as of November 1, it he
Bitcoin Drops Below $76,000 as Crypto Liquidations Exceed $1 Billion
A sharp selloff across digital assets triggered widespread forced position closures on leveraged trading platforms.Bitcoin slid under $76,000 on November 8, extending a decline that rattled the broader digital asset market. The drop came alongside a wave of forced liquidations across crypto exchange
Ripple Engineering Chief Hints at Major XRP Ledger Upgrade in 2027
CoinDesk reports:Ripple’s engineering lead, Vijay Khanna, directly confirmed that the company is preparing a “big plan” for the XRP Ledger by 2027. This statement came amid debates over the blockchain’s speed, with critics comparing XRP Network’s throughput of approximately 1,500 transactions per se
Ethereum's EIP-8037 State-Gas Rules Force dApp Developers to Update Billing Logic
A testnet delay for the Glamsterdam upgrade highlights gas-accounting risks tied to the proposal.Ethereum's core developers are moving forward with EIP-8037, a proposal that reworks how state access is priced in gas fees. The change has prompted builders of decentralized applications to revisit how
Bitcoin Falls Below Strategy's $75,451 Average Purchase Price
Bitcoin traded below Strategy’s disclosed average purchase price on Sunday, Nov. 8, putting the bitcoin treasury company’s holdings underwater against their acquisition cost ahead of the U.S. equity futures reopening.Coinbase’s BTC-USD market recorded a trade at $74,862.89 at 4:54:36 p.m. ET, about
