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2026/11/04

Trump-Linked Tokens and AI Data-Center Shares Drop After Democratic Midterm Sweep

Democrats' midterm election sweep unsettled politically exposed digital-asset investments, including Trump-linked cryptocurrencies and Texas data-center projects supporting former Bitcoin mining companies' valuations. CoinGecko data showed that WLFI, the token issued by Trump-co-founded World Libert

RBC Analyst Raises Block Price Target to $103 Amid Strong Growth and Product Launches

RBC Capital Markets analyst Daniel Perlin increased Block's price forecast from $95 to $103 in a Tuesday note while maintaining an Outperform rating. Perlin said Block's faster product launches and increased sales efforts support an encouraging preliminary outlook for fiscal 2027. Block shares were

French Hill's Reelection Race Too Close to Call as Democrats Take House Control

House Financial Services Committee Chair French Hill's reelection contest remained too close to call on Wednesday afternoon as Democrats took control of the House. The Associated Press reported that Hill and Democratic challenger Chris Jones were closely matched in Arkansas from Tuesday night into W

Crypto PACs Lose Key Races Despite $176M Spent in 2026 US Midterms

Crypto-focused super PACs spent more than $176 million across 100+ races in the 2026 US midterms.However, their biggest campaign ended in defeat after Democrat Sherrod Brown defeated Republican Jon Husted to win Ohio’s Senate contest despite a $64 million effort to stop him.Brown Beats Husted Despit

Riot Secures $28 Billion AI Lease, Hut 8 Reports Revenue Drop

Riot Platforms announced a $28 billion AI data center lease, the Bitcoin miner's largest agreement so far. Riot shares gained more than 13% on Wednesday following the announcement. The lease runs for 15 years and covers 910 megawatts at Riot's facility in Corsicana, Texas. Riot's future contracted d

US Voters Approve Data Center Restrictions in 29 Jurisdictions

The Washington Post reported that voters approved limits or bans on data center development in at least 29 US jurisdictions on Tuesday. The results create additional obstacles for infrastructure supporting artificial intelligence. The measures included complete bans and requirements to obtain furthe

Riot Secures $28B AI Lease, Hut 8 Reports Revenue Drop

Riot Platforms announced a $28 billion AI data center lease, the Bitcoin miner's largest agreement so far. Riot shares gained more than 13% on Wednesday following the announcement. The lease runs for 15 years and covers 910 megawatts at Riot's facility in Corsicana, Texas. Riot's future contracted d

SpaceX and Qualcomm Partner for Starlink Mobile Network

By William GavinThe deal adds to what a BNP Paribas analyst called an 'unprecedented' amount of news putting pressure on U.S. telecommunications operatorsQualcomm is set to report fiscal fourth-quarter earnings on Wednesday.A big deal with Qualcomm is the latest shot fired in SpaceX's burgeoning war

Nasdaq Approves Listing of Canary Staked INJ ETF, Ticker INJC

ChainCatcher report: According to SEC filings, Canary Capital’s Canary Staked INJ ETF has filed Form 8-A12B for listing. The filing states that the fund’s application for listing on Nasdaq has been approved, with the ticker symbol INJC. The fund intends to allocate at least 90% of its INJ to network

Sequoia Capital Announces Restructuring, Closes London Office, and Cancels Multiple Programs

CoinMarketCap reports:Sequoia Capital released a memo titled "The Sequoia of Tomorrow" on X Wednesday morning, containing several surprises. The firm stated it has raised approximately $10 billion in new funds, while closing its London office, discontinuing the Arc accelerator and Scouts programs, m

SEC Grants First Exemption Since March Interpretive Notice for Canton Coin

ME News reports that on November 5 (UTC+8), the U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance stated in a letter on Tuesday that it considers the native token of Canton Network, Canton Coin, to be a “digital commodity” and indicated it would not recommend enforcemen

Bitcoin Lightning Nodes Urged to Disable MPTCP Due to Critical Linux Kernel Vulnerability

Lightning Labs issued emergency releases lnd v0.21.6-beta and the backport v0.20.7-beta on October 30. Both releases turn off Multipath TCP (MPTCP) listeners by default, blocking the demonstrated route for remotely obtaining root access through LND. The underlying vulnerability, CVE-2026-98432, affe

Bitcoin Surges Past $80,000 Amid Democratic Midterm Sweep, Analysts Split on Outlook

Peter Schiff characterized Bitcoin's rally following the Democratic midterm sweep as "the most irrational" market response to the election outcome. Schiff predicted that a future Democratic White House would dispose of the entire Strategic Bitcoin Reserve. Schiff expects a Democratic Congress to opp

Opendoor Stock Rises 14.94% Ahead of Q3 Earnings Report

Opendoor Technologies shares gained 14.94% to approximately $2.00 at publication on Wednesday as investors positioned before the company's third-quarter earnings announcement. Opendoor will release the results on Thursday after market close. Wall Street forecasts a loss of 15 cents per share, compar

Alphabet to Invest $15B in Malaysia AI Infrastructure by 2028

Key insightsGoogle has set aside $15 billion for its Malaysia projects, with the spending scheduled for 2027 and 2028.New plans cover Selangor and Negeri Sembilan, where Google intends to add more data center capacity.Wall Street predicts GOOGL stock could reach $400, with Alphabet continuing to inv

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