Today's Crypto and Bitcoin News

Key takeawaysEthereum plunges 8% as cryptocurrency selling intensifiesSpot ETH ETFs record nearly $100 million withdrawalsLosing $2,200 could expose $2,100 supportEthereum fell more than 8% toward $2,200 on November 6, reversing its post-election recovery as institutional withdrawals, leveraged liqu

A final Labor Department rule that would shield employers who add private equity, real estate, and crypto to 401(k) plans reached the White House on Thursday. The review is the last step before the rule is published.Employer savings plans such as 401(k)s held $15 trillion at the end of June, Investm

Odaily Planet Daily reports that, according to Odaily monitoring, a contract address has accumulated profits of approximately $30.23 million. Between 22:43 and 23:32 on November 6, it increased its short position in SKHX by 5,482.071 tokens, valued at approximately $4.66 million at the reference pri

CoinDesk reports:After the S&P 500 posted its largest single-day decline in over a year, selling pressure in U.S. stocks eased slightly on Friday. Bargain hunters began entering the market, providing support to previously hard-hit artificial intelligence-related stocks. However, other markets remain

Key takeawaysBitcoin retreats toward $75,000 after failed recoverySpot Bitcoin ETFs lose $430 million dailyBreaking $75,000 could expose $72,000 supportBitcoin fell toward $75,000 on November 6, surrendering its post-election recovery above $80,000 as another wave of institutional selling pushed cry

Huo Xing Cai Jing reports that, on November 6, according to CNBC, the probability of Anthropic announcing an IPO before December 1, as tracked by the prediction market Kalshi, fell from nearly 90% to 57% over the past week; the probability of an IPO announcement before January 1, 2027, also dropped

Wall Street's Cboe Volatility Index (VIX) surged nearly 70% on Thursday and finished at 28.18. Barchart ranked the increase as the third-largest in VIX history. Stock sentiment readings now indicate greater fear than crypto readings, reversing the usual relationship.The Nasdaq Composite declined 5.5

Wall Street's Cboe Volatility Index (VIX) surged nearly 70% on Thursday and finished at 28.18. Barchart ranked the increase as the third-largest in VIX history. Stock sentiment readings now indicate greater fear than crypto readings, reversing the usual relationship.The Nasdaq Composite declined 5.5

According to Huoxing Finance, on November 6, the latest financial reports from Coinbase, Robinhood, and Circle revealed that new business growth has yet to alleviate pressures from the cryptocurrency market cycle. Coinbase’s third-quarter trading revenue fell 23% year-over-year to $590 million, with

Following the Democrats’ victory in the US midterm elections, which secured control of both the House of Representatives and the Senate, markets experienced sharp declines.At this point, a sharp sell-off occurred in US technology stocks. US President Donald Trump blamed the Democrats for the sharp d

Wall Street’s fear gauge jumped nearly 70% on Thursday as the Nasdaq crashed 5.52%. Sentiment readings now place US stocks in deeper fear than crypto, flipping the usual order.CNN’s Fear and Greed Index for stocks sits at 20, in extreme fear. The crypto version reads 28, yet it lost 22 points in one

TL;DRSolana completed two protocol upgrades in October, cutting target slot times to 200 milliseconds on October 9 and activating Alpenglow on mainnet on October 21.Alpenglow replaced TowerBFT and targets transaction finality of roughly 150 milliseconds, while the slot-time reduction halves Solana’s

Coinbase said on Nov. 6 that customers can now borrow USDC against PAX Gold (PAXG) through the Morpho lending protocol on Base, giving holders of tokenized gold access to liquidity without selling their tokens.The addition extends a borrowing service that began with bitcoin collateral in January 202

Farside Investors recorded $430 million in withdrawals from US spot Bitcoin ETFs on Nov. 5, Thursday. A Nov. 2 report from 21Shares put third-quarter ETF purchases at 79,800 BTC, compared with mining production of 41,300 BTC. The figures cover the quarter ending Sept. 30. According to 21Shares, Aug.

Odaily Planet Daily reports: Recent financial reports from Coinbase, Robinhood, and Circle show that new businesses such as stablecoins, payments, and prediction markets have expanded, but have not yet offset pressures from the cryptocurrency market cycle. Coinbase’s third-quarter trading revenue fe