Today's Crypto and Bitcoin News
Get the latest updates on Bitcoin, altcoins, blockchain, Web3, cryptocurrency prices, DeFi, and more.
2026/11/05
Semiconductor stocks plunge amid doubts about AI investment
Odaily Planet Daily report: Semiconductor stocks plunged sharply, continuing their recent downward trend. As the Democratic Party performed strongly in the U.S. midterm elections, investors began to question the outlook for the artificial intelligence trading theme. The Philadelphia Semiconductor In
Hong Kong Passes Crypto Tax Reporting Law, Data Collection Starts in 2027
Under CARF, crypto-asset service providers must collect transaction information from 2027, with automatic exchanges beginning in 2028.Updated CRS rules take effect in 2028, expanding coverage to digital financial products, while information exchanges begin in 2029.Hong Kong’s Inland Revenue Departme
Ethereum, Chainlink, and Aave Highlight Strong Growth Potential in Crypto Market
Ethereum dominates DeFi activity with strong infrastructure and long-term growth potential.Chainlink powers blockchain data access and cross-chain communication for institutions.Aave is a leading lending protocol with token buybacks and limited supply.Crypto investors often search for projects that
Bitcoin’s 12-month returns have underperformed gold for 365 days, with historical data showing 58%–167% CAGR over the following three years after similar periods.
Odaily Planet Daily reports that Joe Burnett posted on X, stating that Bitcoin’s return over the past 12 months has now lagged behind gold for 365 consecutive days. Previously, this scenario occurred only twice, each lasting more than 350 days—between 2014 and 2015, and between 2022 and 2023. In the
OpenWorld tokenizes its own shares on Solana via Sunrise and Backpack
CoinDesk reports:Nasdaq-listed company OpenWorld is bringing its shares to Solana through Sunrise and Backpack Securities. This move extends the company’s tokenization strategy to its publicly traded shares, enabling investors to access tokenized OPNW.Tokenized OPNW, issued by Backpack Securities an
U.S. Midterm Election Results: Blue Wave Impacts Policy and Market Outlook
The Democratic Party gained control of both chambers of Congress, bringing significant changes to the policy space for the Trump administration's final two years.Article author: FrankSource: MSX MaTongOn November 3, the U.S. midterm elections concluded.The Democratic Party gained control of both the
AI Chips Speed Up, Data Centers Shift to Optical Networking
Key takeawaysFaster AI chips are overwhelming traditional copper connectionsCoherent revenue jumps 50% amid optical networking demandLight-based connections could reshape AI infrastructure economicsThe artificial intelligence industry has spent years making processors faster. Now, some of its bigges
The US VIX Volatility Index surges 47% to 24.44, the highest level since April 7.
Odaily Planet Daily reports, according to MSX.COM data, volatility in the U.S. stock market has risen significantly, with the S&P 500 Volatility Index (VIX) at 24.44, surging 7.83 points, or 47.14%, and reaching a intraday high of 24.44—the highest level since April 7. Meanwhile, all three major U.S
Dropbox to Acquire Tigris Data for $350 Million to Launch AI Infrastructure Platform DBX Agent Cloud
ME AI message, Dropbox has announced plans to acquire cloud technology company Tigris Data for $350 million, which could become its largest acquisition to date. The transaction is expected to close in the fourth quarter of 2026, aiming to enhance its AI infrastructure capabilities and support the de
Dropbox to Acquire Tigris Data for $350 Million to Enhance AI Infrastructure
ChainCatcher report, according to TechCrunch, Dropbox has announced plans to acquire cloud technology company Tigris Data for $350 million, which could become its largest acquisition to date. The transaction is expected to close in the fourth quarter of 2026, aiming to enhance its AI infrastructure
Bitcoin Falls Toward $77K as S&P 500 Slides 1.7%
Key takeawaysBitcoin's recovery weakens amid renewed stock market sellingS&P 500 drops 1.7% as technology shares tumbleBitcoin ETF inflows return despite fragile market sentimentBitcoin is facing renewed pressure after its post-election rebound above $80,000, as a sharp selloff in US stocks thre...
Canary Capital's INJ ETF Begins Trading on Nasdaq
Huo Xing Cai Jing reports, according to The Defiant, Canary Capital’s INJ-backed ETF began trading on Nasdaq on November 5 under the ticker symbol INJC. The fund holds INJ directly and is custodied by BitGo.The fund's securities registration statement became effective on November 4. The final prospe
Zilliqa to Transition from Independent Layer 1 to Ethereum Layer 2
ME News reports that on November 5 (UTC+8), Zilliqa announced its transition from an independent Layer 1 network to an Ethereum Layer 2 network, called Zilliqa Institutional Layer (ZIL), primarily targeting regulated institutions. Zilliqa stated that usage of its original blockchain was insufficient
Zilliqa to Transition to Ethereum Layer 2, ZIL Token to Remain
ME News reports that on November 5 (UTC+8), Zilliqa announced that its nine years of independent operation as a Layer 1 blockchain have not achieved the expected success, with insufficient usage, funding, and liquidity. Recent security incidents have further highlighted the high costs of maintaining
AI Data Center Restrictions May Boost Microsoft and Amazon Valuation
Key takeawaysAI construction restrictions could benefit existing cloud infrastructureMicrosoft and Amazon gain from potential capacity shortagesSmaller data center developers face greater financing risksRestricting artificial intelligence data center construction sounds like bad news for Microsoft a
