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2026/11/06

Bitcoin's Rate Cut Relief Stalls as US Services Inflation Rises

Persistent cost pressure in US services complicates the prospect of interest-rate relief that could support Bitcoin. The Institute for Supply Management's (ISM) services report, published November 4, showed October's headline PMI declining to 54.5 from September's 54.9. The PMI nevertheless exceeded

Dash Releases Core v24.0.0; All Nodes Must Upgrade

Dash releases Core v24.0.0, all nodes must upgrade. Gold Finance reports that on November 6, the privacy coin Dash tweeted that Dash Core v24.0.0 has been released. This is the first version in the 24.x series and includes the v24 network upgrade (hard fork); all nodes must upgrade. Key updates incl

Ripple CEO Says 67 Million U.S. Crypto Users Won't Leave Following Pro-Crypto Candidates' Election Wins

ME News reports that on November 4, Brad Garlinghouse posted that pro-crypto candidates won elections across both major parties, stating, “The 67 million American crypto users—and counting—won’t go away.” A report released by the U.S. National Cryptocurrency Association on May 13 showed that approxi

AI Infrastructure Investor Leopold Faces Massive Liquidation After Options Bet Fails

AI is still expanding, but it has first closed its position.David, DeepChain TechFlowAI stocks plunged again, and the market once again remembered the young man who left OpenAI and made his name by betting on computing infrastructure.Leopold Aschenbrenner, known in Chinese investment communities as

VET Recovery Faces Crucial $0.0076 Test as Market Outlook Remains Uncertain

VET’s latest rebound followed a sharp intraday dip, but the wider daily chart still shows a prolonged decline.The three wave advance does not establish a durable bottom and there remains a possibility that the next move will be down.A break above $0.0076 would offer an early bullish signal, while th

U.S. Nonfarm Payrolls Report Expected to Show Weak Growth but Stable Labor Market

Odaily Planet Daily report: At 9:30 PM Beijing time on Friday, the United States will release the October non-farm payroll data. Amid recent pullbacks in major tech stocks such as NVIDIA (NVDA.O) and rising market risk-off sentiment, investors have turned their full attention to this report. As a ke

BlackRock Ethereum ETF Sees $75.2M Outflows

BlackRock Ethereum ETF clients reportedly sold $75.20 million worth of ETH exposure.The reported selling could reflect weaker investor demand or portfolio adjustments.Ethereum ETF flows remain an important indicator of institutional market sentiment.Investors in BlackRock’s Ethereum exchange-traded

Japanese and Korean stock markets enter bear market territory

The Nikkei 225 Index closed down 3,666.99 points, or 6.00%, at 57,410.91 on Friday, November 6; the index has fallen more than 20% from its June closing peak, confirming entry into a technical bear market. The South Korean KOSPI Index closed down 324.15 points, or 6.02%, at 5,059.65; it initially dr

U.S. Federal Judge Issues Preliminary Injunction Against Kalshi for Sports Contracts on Tribal Lands

Odaily Planet Daily report: On November 4, U.S. District Judge Jacqueline Scott Corley of the Northern District of California granted the preliminary injunction request by the California tribe, prohibiting Kalshi Inc. and KalshiEX from offering sports event contracts on the tribe’s Indian lands. The

IREN Bitcoin Mining Revenue Drops 58% QoQ as AI Cloud Revenue Surges to $200M

Headline: IREN plummets as Bitcoin mining revenue collapses 58% — AI cloud boom offsets the hit as company pivots away from miningKey takeaways- IREN’s Bitcoin-mining revenue plunged 58% quarter-over-quarter to $28 million in Q1 FY27 (quarter ended Sept. 30).- AI cloud revenue nearly tripled (+182%)

Fed's December rate path remains uncertain as nonfarm payrolls data approaches

ME News reports that on November 6 (UTC+8), the Federal Reserve maintained its target range for the federal funds rate at 3.75%-4.00% last week, while acknowledging that inflation remains elevated. The market currently expects the Fed may further raise rates in December.Investment analyst Michael Kr

Gold Falls Below 4100 Amid Pre-NFP Selling Pressure

CoinEx News — On Friday in Asian trading, spot gold failed to hold above the 4,100 level, continuing its pullback from a two-week high seen in the previous session. U.S. Treasury yields edged up from a two-month low, helping the dollar recover from its lowest level since late September, putting pres

Elizabeth Warren May Chair Senate Banking Committee, Impacting Crypto Legislation

A long-time crypto critic may soon control the committee that shapes digital asset legislation.Elizabeth Warren may be set to chair the U.S. Senate Banking Committee, according to multiple reports published Thursday. The committee holds jurisdiction over banking, securities, and increasingly, digita

Institutional Forecasts for the U.S. October Unemployment Rate Released

BlockBeats news: On November 6, the U.S. October unemployment rate data will be released at 21:30 Beijing Time. Institutional forward-looking data are as follows:1. BNP Paribas: +4.1%; Capital Economics: +4.1%; Danske Bank: +4.1%; High Frequency Economics: +4.1%; Barclays: +4.1%;2. JPMorgan: +4.1%;

Pro-crypto candidates win in both parties, Ripple CEO says 67 million U.S. users won't leave

Odaily Planet Daily reports that on November 4, Brad Garlinghouse posted that pro-crypto candidates won elections across both major parties, stating, "The 67 million and growing U.S. cryptocurrency users won't go away." A report released by the U.S. National Cryptocurrency Association on May 13 show

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