Today's Crypto and Bitcoin News

PANews, November 4: Stablecoin issuer Circle (CRCL) cut approximately 5% of its workforce—around 55 roles—as part of a third-quarter restructuring aimed at improving efficiency and aligning operations. Circle currently has about 1,100 employees and is still hiring for 96 positions. Earlier reports i

Odaily Planet Daily reports that Fox Business’s crypto journalist posted on X that, during this election cycle, AI has emerged as a significant political spender, but its spending is still far below that of the crypto industry, which spent approximately $100 million more. Political action committees

According to Eleanor Terrett, during this U.S. midterm election, the AI industry emerged as a significant political spending force, with related political action committees (PACs) spending approximately $72 million—still below the $170 million spent by the three major crypto industry PACs. Both indu

CoinDesk reports:Anthropic’s CEO, Dario Amodei, once wrote that creating sufficiently powerful AI is like having a nation of geniuses inside a data center. But the company’s recently filed IPO prospectus further reveals the fragile financial structure required to turn this vision into reality.This w

According to Zhitong Finance APP, prior to the opening of U.S. markets on November 4, McDonald's (MCD.US) reported its third-quarter 2026 results. The earnings report showed that McDonald's revenue for the quarter was $7.157 billion, a year-over-year increase of only 1%, below the expected $7.29 bil

The Ethereum Economic Zone (EEZ) unveiled three cross-chain “firsts” at Devcon in Mumbai, showing how rollup apps can synchronously interact with Ethereum mainnet inside a single transaction. The demonstrations—covering a decentralized-exchange trade using mainnet liquidity, coordinated multisig own

Odaily Planet Daily reports: Michael Saylor, founder and chairman of Strategy, posted on X that Florida’s newly elected Republican governor supports the establishment of a strategic Bitcoin reserve in the United States, while Texas’s newly elected Democratic U.S. senator previously voted in favor of

Article by Bu Shuqing, Wall Street JournalThe Democratic Party achieved a decisive victory in the U.S. midterm elections, reclaiming control of both chambers of Congress and making gains in several traditional Republican strongholds. The U.S. political landscape has undergone a significant shift, an

Circle Internet Group, the New York-based issuer of USDC, reduced its workforce by about 5% in the third quarter. Circle disclosed the reductions in an earnings footnote. The reductions generated $9.1 million in costs, primarily for severance and notice pay. Circle's filing attributed the reductions

Technical patterns in Bitcoin dominance and Ethereum suggest a possible shift toward altcoins. However, market capitalization and stablecoin dominance indicate that traders remain cautious. The Altcoin Season Index registered 39 on November 4, below the 75 threshold for altcoin season. Confirmation

BitGo Holdings, a digital asset infrastructure company, announced BitGo Global Markets on Wednesday as a new business serving institutions. The division combines global liquidity with execution, financing, derivatives and settlement services. A company statement named former NYDIG executive Pete Jan

CoinDesk reports:Key pointsCrown New Materials surged as much as 787% on its first day of trading on the Shenzhen stock exchange.This remarkable surge made former elementary school teacher Mai Michael and her sister billionaires.Despite a strong first-day performance, Crown's profits are declining.O

According to Zhitong Finance APP, prior to the U.S. market open on November 4, Emerson Electric (EMR.US) announced its fourth-quarter financial results for fiscal year 2026. The report showed that the company’s net sales for Q4 amounted to $5.201 billion, representing a year-over-year increase of 7%

Palantir Technologies shares fell despite quarterly revenue and earnings exceeding expectations and the company increasing full-year sales guidance. Palantir provides AI-driven analytics and is known for military work. The muted reception for a former retail-investor favorite reflects a shift from e

Huo Xing Finance reports that, according to official announcements, Gnosis Chain will end its independent L1 operations in spring 2027 and join the Ethereum Economic Zone (EEZ), becoming the first general-purpose Zone to settle on Ethereum.The Gnosis Chain will migrate on-chain state via a hard fork