Today's Crypto and Bitcoin News

Asian stock markets are deepening their sell-off, with more than $1 trillion in market value wiped out today, after losing over $550 billion yesterday. Japan, South Korea, China and Taiwan all faced heavy losses, while Wall Street suffered a $2.5 trillion wipeout. The crypto market did not escape th

Following the U.S. midterm elections, U.S. tech stocks experienced a sharp sell-off, especially after investors grew increasingly anxious over the political and economic landscape and questioned whether heavy capital flow into AI infrastructure could generate returns in the near term.The Nasdaq drop

Article by Teresa Xie, BloombergCompiled by Saoirse, Foresight NewsEditor’s Note: The crypto industry has poured massive resources into the 2026 midterm elections, hoping to secure more favorable and relaxed regulation—but underestimated public resistance to corporate influence in politics. Teresa X

Odaily Planet Daily reports that digital asset management firm Hyperliquid Strategies has applied for its subsidiary to become a Futures Commission Merchant (FCM), aiming to bring Hyperliquid-based perpetual contract markets to the United States. Both the application and the proposed market are subj

ChainCatcher report: Stablecoin infrastructure company OSL Group (HKEX: 863) and fintech platform Reap have announced a partnership to drive real-world adoption of stablecoins through everyday payments. This collaboration will combine OSL’s expertise in stablecoin infrastructure, liquidity, and comp

ChainCatcher report: The cryptocurrency tax framework passed by the Greek Parliament establishes a 12-month window for investors to declare historical crypto gains, allowing eligible individuals to avoid penalties and interest for late filing, with taxes due within 60 days of declaration. Investors

According to Huoxing Finance, on-chain analyst nooman posted on X that the trend of meme coin platforms transitioning into perpetual contracts business is accelerating. On Thursday, the number of daily active traders for perpetual contracts on both FOMO and Pump.fun saw significant growth. FOMO’s pe

An XRP Ledger sample showed substantially less funded Bitstamp-issued USD inventory than the advertised offers suggested for XRP sellers. Validated ledger 108120236 closed on November 4, 2026, at 23:59:51 UTC. The sample contained 1,280,737.430925749 quoted Bitstamp-issued USD tokens, with only 56,8

Technology stocks continued falling in Asian trading on Friday after a selloff overnight in the United States. Fears that Democrats' US midterm victory will bring tighter AI oversight and slower data centre expansion drove the decline. Japan's Nikkei dropped 6%, marking the index's largest daily dec

ME News reports that on November 6 (UTC+8), according to the Kaia blog, as Kaia transitions to a permissionless network, KAIA in existing public delegations must be migrated to the new staking contract. KAIA that is already staked will not be automatically migrated; users must manually withdraw thei

Tether's quarterly disclosure reveals the scale of the stablecoin business and makes the details of reserve management worth examining further.Written by: CorundumWith $100 held in an account, some people leave it in the bank, while others convert it to USDT. For users, the difference between these

Biyu News, according to Yonhap News, South Korea’s Deputy Prime Minister and Minister of Science and ICT, Bae Kyung-hoon, stated on the 6th that, amid growing global concerns over declining AI investment, South Korea should not delay investments in AI data centers. Bae emphasized, “South Korea must

Fidelity's funds led the reversal as combined Bitcoin and Ether ETF redemptions topped half a billion dollarsUS spot Bitcoin and Ether ETFs posted combined outflows of approximately $530 million, according to Cointelegraph. The figure signals a sharp pullback after weeks of renewed investor interest

ChainCatcher report: On-chain analyst nooman posted on X that the trend of meme coin platforms transitioning to perpetual contracts is accelerating. On Thursday, the number of daily active traders for perpetual contracts on FOMO and Pump.fun both saw significant growth. FOMO’s perpetual contract dai

Huo Xing Cai Jing reports that the on-chain trading platform GMX has posted on Twitter that the proposal “GMX Market Making Fund Phase 2: Emergency Reserve,” which allocates additional funding to the $10 million GMX market making fund, is now live on the governance platform Tally, urging token holde