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2026/11/07

US Adds 165,000 Jobs in October; Bitcoin Traders Watch Fed Response

TL;DR: The US economy added 165,000 payroll jobs in October while unemployment stood at 4.1%, according to the Bureau of Labor Statistics’ November 6 release. The data complicate hopes of quick monetary easing, but the report by itself cannot establish what the Federal Reserve will do next or where

FinCEN and Fed Withdraw Plan to Lower Cross-Border Crypto Reporting Threshold

Odaily Planet Daily reports that Bitcoin News posted on X that FinCEN and the Federal Reserve will withdraw a proposal introduced in 2020. The proposal aimed to lower the recordkeeping and travel rule thresholds under the Bank Secrecy Act from $3,000 to $250 for fund transfers originating or termina

SanDisk Stock Drops 65% Amid Memory Industry Sell-Off, Announces 8-for-1 Stock Split

SanDisk shares have declined 65% from this year's peak and reached the lowest price since April 9. SanDisk's market capitalization has fallen to $118 billion from a record $347 billion. The sell-off has continued for several months alongside declines elsewhere in the memory industry. The Roundhill M

Provenance Chain RWA Surpasses Ethereum with $26.3 Billion in Real-World Assets

Provenance blockchain’s RWA volume reaches $26.3 billion, surpassing Ethereum. According to Jinsecai, the Provenance blockchain, developed by Figure using the Cosmos SDK, now has a tokenized real-world asset (RWA) volume of $26.3 billion—more than 1.7 times Ethereum’s $15.3 billion RWA total. Among

Nvidia Faces Congressional Scrutiny Over Chip Sales to Sanctioned Chinese Entities

Key Insights:A new report shows that two of the entities approved for Nvidia H200 sales are not at their listed physical addresses and are linked to sanctioned entities.The company CEO, Jensen Huang, has also been summoned by Congress over a relationship with a Chinese spy.Nvidia stock is recovering

Zcash's New Security Fund Is 99.7% From Unclaimed Subsidy and Fees

Zcash's new reserve for future block rewards derived about 99.7% of its early observed balance from previously unclaimed subsidy and transaction fees. Zakura's NU7 monitoring dashboard API recorded a Network Sustainability Mechanism (NSM) balance of 369.7 ZEC on November 7, 2026. The observation occ

TeraWulf Q3 Revenue: 83% from AI Leasing as Bitcoin Mining Declines

TL;DR: TeraWulf’s November 6 earnings release shows $63 million in third-quarter high-performance-computing lease revenue, around 83% of its $76.2 million total. The company is increasingly an AI infrastructure business, although large non-cash gains and long-dated construction plans require careful

BitFuFu's BTC Output Drops to 137 in October Amid 11.8% Network Difficulty Rise

Headline: BitFuFu’s October BTC haul falls to 137 despite steady 19.5 EH/s — rising difficulty to blameTL;DR — BitFuFu reported mining 137 BTC in October (down from 167 in September) even though its managed hashrate was essentially unchanged at ~19.5 EH/s. An 11.8% jump in Bitcoin network difficulty

Strive Buys 15,124 BTC and Raises $609M in Preferred Shares

Strive’s balance sheet just got a lot bigger — and more complex.In its Nov. 6 Q3 filing, the Nasdaq-listed bitcoin-treasury firm reported $509 million in GAAP net income for the quarter ended Sept. 30 and disclosed a rapid expansion of its BTC holdings. Strive says it bought 8,136 BTC during Q3 and

Polymarket predicts a 52% chance Bitcoin will reach $70,000 by 2026

According to ME News, as of November 8 (UTC+8), Polymarket data shows that the implied probability of Bitcoin reaching $70,000 before 2027 is 52%, $90,000 is 24%, and $100,000 is 9%. As of November 7, Bitcoin was trading at $75,723, down 2.4% over the past seven days and down 6.6% over the past mont

Sony to End Game Discs by 2028, Risking Exclusion of Low-Income Gamers

Headline: Sony’s Move to Ditch Game Discs by 2028 Could Deepen a Digital Divide — Experts WarnSony’s decision to stop producing physical PlayStation game discs from 2028 will disproportionately hurt low-income and regionally underserved gamers, industry experts told Decrypt. For many players, especi

Solana Chain RWA Total Market Cap Reaches $4.8 Billion

The total market capitalization of RWA on Solana reaches $4.8 billion. According to Token Terminal data as of November 8, the total market cap of real-world assets (RWA) in the Solana ecosystem has reached $4.8 billion. By category, tokenized funds lead with $3.7 billion, followed by tokenized stock

SEC and CFTC Clarify Regulatory Roles in U.S. Crypto Market

The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are U.S. financial-market regulators with different jobs. The SEC oversees securities offerings and securities markets; the CFTC supervises commodity derivatives and can pursue fraud and manipulation in comm

Prediction markets assign a 52% probability to Bitcoin reaching $70,000 by 2026.

Odaily Planet Daily reports that according to Polymarket data, the implied probability of Bitcoin reaching $70,000 before 2027 is 52%, $90,000 is 24%, and $100,000 is 9%. As of November 7, Bitcoin was trading at $75,723, down 2.4% over the past seven days and down 6.6% over the past month.In Kalshi’

XRP Community Criticizes Ripple Executives Over Token's Performance

Tensions within the vast XRP community have intensified following a highly emotional post directed at Ripple CEO Brad Garlinghouse and CTO Emeritus David Schwartz, which was later reposted by several other accounts.The criticism centers on a familiar concern among some holders: that Ripple’s rapid e

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