Today's Crypto and Bitcoin News

The Democratic Party's sweeping victory in the U.S. midterm elections has stirred concerns over tighter regulation of AI data centers, sending ripples through the Seoul stock market like a stone cast into a calm lake. Both of South Korea’s key indices triggered trading halts due to sell-offs on the

Written by: Vicky Ge HuangCompiled by Chopper, Foresight NewsLast year, Ben Gagnon set out to transform a facility originally used for Bitcoin mining into an AI-powered computing data center, aiming to ride the wave of the artificial intelligence boom. This appeared to be a perfect path: avoiding th

Huo Xing Finance reports that Nasdaq-listed company SVRN, Inc. (ticker: SVRN) announced on November 4 the appointment of Patrick O'Kain as Chief Operating Officer, effective November 3. O'Kain will oversee operations, product strategy, and corporate development, including the integration of acquired

ChainThink reports that on November 5, Paradigm co-founder Matt Huang tweeted that election-related markets on the prediction platform Kalshi achieved a trading volume of $729 million on November 3.This trading volume is approximately three times the peak of $244 million on November 5, the day of th

What to KnowBitcoin (BTC) climbed 3.7% to $80,686.40, with trading volume reaching $35.02 billion as the broader cryptocurrency market recorded gains.Ethereum (ETH) surged 6.0% to $2,429.87, while XRP (XRP) and Solana (SOL) gained 2.7% and 3.8%, respectively, amid recovery.Dessa (DESSA) led smaller

ChainCatcher report: Nasdaq-listed company SVRN, Inc. (ticker: SVRN) announced on November 4 that Patrick O'Kain has been appointed Chief Operating Officer, effective November 3. O'Kain will oversee operations, product strategy, and corporate development, including the integration of acquired busine

ChainCatcher report: On November 5, Abu Dhabi-based digital asset specialty insurer Soter Insure announced that SC Ventures, the innovation and venture investment arm of Standard Chartered Bank, and Japanese financial group SBI Group have joined as strategic investors in its Series B round. Token Ba

CoinDesk reports:BitMEX co-founder Arthur Hayes warned that massive share sell-offs by major AI companies following their IPOs could weaken stock markets, tighten U.S. dollar liquidity, and pressure Bitcoin before any potential central bank intervention.Hayes warned that the large-scale lock-up expi

Breaking News from Beating AI: On the night of the U.S. midterm elections, the prominent Silicon Valley podcast All-In held a live stream where several tech investors discussed the potential impact of a Democratic victory on the AI industry. Host Chamath Palihapitiya expressed concern that AI invest

Arthur Hayes says share unlocks following listings will dilute the stock of SpaceX, Anthropic and OpenAI. The dilution could restrict AI credit and contract bank balance sheets, which Hayes credits with supporting crypto's August recovery. Hayes argues that changes in dollar liquidity transmit the e

Huo Xing Finance reports, according to on-chain analyst Ai Yi, a wallet (0x4AB...845b8) withdrew 3,000 ETH at $2,267.83 three days ago and repurchased 3,277 ETH at $2,429 just 17 minutes ago. Over the past three days, this address appears to have accumulated over $14.76 million worth of ETH at an av

The Kobeissi Letter said Alphabet, Amazon, Microsoft, Meta and Oracle together repurchased $4.4 billion of shares in the quarter ended in September. The Kobeissi Letter identified the total as the lowest since 2017. Combined repurchases were about 90% below the peak of roughly $45.9 billion in late

Bill Gates warned at the Financial Times AI Future Summit that open models could be used to create biological weapons, with risks potentially exceeding those of COVID-19, and criticized the White House for its absence in AI regulation and oversight.Author and source: AIBaseAt the AI Future Summit ho

Huoxing Finance reports that on November 5, after Bitcoin broke above $80,000, short-term holders (STHs) began taking profits. Over the past 24 hours, short-term holders transferred 28,690 profitable BTC to exchanges. Despite this short-term selling pressure, Bitcoin successfully closed above $80,00

Odaily Planet Daily reports, according to on-chain analyst Ai Yi, a certain address (0x4AB...845b8) withdrew 3,000 ETH three days ago at $2,267.83 and repurchased 3,277 ETH at $2,429 just 17 minutes ago. Over the past three days, this address appears to have accumulated over $14.76 million worth of