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2026/11/06

Gold Falls Below 4100 Amid Pre-NFP Selling Pressure

CoinEx News — On Friday in Asian trading, spot gold failed to hold above the 4,100 level, continuing its pullback from a two-week high seen in the previous session. U.S. Treasury yields edged up from a two-month low, helping the dollar recover from its lowest level since late September, putting pres

Elizabeth Warren May Chair Senate Banking Committee, Impacting Crypto Legislation

A long-time crypto critic may soon control the committee that shapes digital asset legislation.Elizabeth Warren may be set to chair the U.S. Senate Banking Committee, according to multiple reports published Thursday. The committee holds jurisdiction over banking, securities, and increasingly, digita

Institutional Forecasts for the U.S. October Unemployment Rate Released

BlockBeats news: On November 6, the U.S. October unemployment rate data will be released at 21:30 Beijing Time. Institutional forward-looking data are as follows:1. BNP Paribas: +4.1%; Capital Economics: +4.1%; Danske Bank: +4.1%; High Frequency Economics: +4.1%; Barclays: +4.1%;2. JPMorgan: +4.1%;

Pro-crypto candidates win in both parties, Ripple CEO says 67 million U.S. users won't leave

Odaily Planet Daily reports that on November 4, Brad Garlinghouse posted that pro-crypto candidates won elections across both major parties, stating, "The 67 million and growing U.S. cryptocurrency users won't go away." A report released by the U.S. National Cryptocurrency Association on May 13 show

Institutions forecast a U.S. October ADP employment increase between 35,000 and 100,000.

ChainThink reports that on November 6, institutional forecasts for the U.S. seasonally adjusted non-farm payroll employment change in October ranged from an increase of 35,000 to 100,000, with Reuters expecting an increase of 65,000, compared to the prior value of an increase of 29,000.ABN AMRO pred

AI-driven stock sell-off spills into credit market, SoftBank leads decline in Asian dollar bonds

ChainCatcher report: As AI-related stock sell-offs intensified and spread to the credit markets, SoftBank Group led declines in Asian dollar bonds on Friday. Data shows that SoftBank’s 2032-due dollar bonds fell 0.9 cents, marking their largest single-day drop in 10 weeks, making SoftBank bonds amon

Fed’s December rate path in question as nonfarm payrolls data becomes key factor

Odaily Planet Daily reports: The Federal Reserve maintained its target range for the federal funds rate at 3.75%-4.00% last week, while acknowledging that inflation remains elevated. The market currently expects the Fed may further raise interest rates in December.Investment analyst Michael Kramer b

Galaxy CEO Buys $9.9 Million in Company Shares Amid 2% Share Repurchase Plan

Odaily Planet Daily reports that Michael Novogratz, CEO of Galaxy Digital, purchased 760,000 shares of the company’s Class A stock through Galaxy Group Funding ECI U LLC, for a total transaction value of approximately $9.9 million, with an average purchase price of about $12.98 per share. According

Ripple CEO: Pro-crypto candidates win in both parties; industry won't leave the U.S.

ChainCatcher report, according to Bitcoin.com News, Ripple CEO Brad Garlinghouse posted on X on November 4 that pro-crypto candidates won across both major parties, stating, “67 million (and growing) Americans who use crypto won’t go away,” and urging the new Congress to continue the same mission: c

Institutional Forecasts for U.S. October ADP Employment Change Released

Odaily Planet Daily report: Institutional forecasts for the U.S. seasonally adjusted non-farm payroll employment for October are as follows:1. ABN AMRO: +35,000; Jefferies Group: +40,000; Mizuho Securities: +40,000; TD Securities: +40,000; Spartan Securities: +48,000;2. High-Frequency Economics: +49

U.S. Oak Ridge National Laboratory Collaborates with IBM and AMD on Quantum Error Correction Platform

CoinMarketCap reports:IT Home, November 6: The Quantum Science Center at Oak Ridge National Laboratory, funded by the U.S. Department of Energy, announced on the 5th locally that it has partnered with IBM and AMD to launch a new quantum error correction co-design platform.The platform's initial depl

Baird Medical Shares Drop 33% After Hours Following Regulatory Submissions by Alpmed

Baird Medical Investment Holdings Ltd (NASDAQ:BDMD) shares dropped 33% in Thursday's after-hours trading after Baird Medical announced regulatory submissions by strategic partner Alpmed. Baird Medical said on Thursday that Alpmed filed an FDA 510(k) premarket notification for an irreversible electro

Nomura Says South Korea's KOSPI Index Is Oversold

Huo Xing Finance reports, according to Jin Shi, Cindy Park-led analyst team at Nomura Securities stated that the South Korean KOSPI index currently appears to be oversold. In a research report, the analysts noted that global equity markets have been weighed down by rising interest rates, high oil pr

Samsung and SK Hynix market caps have dropped 54.52% since their June highs.

Odaily Planet Daily report: The Korea Composite Stock Price Index (KOSPI) retreated from its historical closing high of 9,114.55 points set on June 22, briefly falling below 5,000 points, causing the market capitalization of South Korea’s two semiconductor giants, Samsung Electronics and SK Hynix, t

Goldman Sachs lowers its 2026 gold price forecast to $4,150 per ounce

BlockBeats news, on November 6, Goldman Sachs analysts Lina Thomas and Daan Struyven, in their November 5 report titled "Precious Metals Analyst Report: Long-Term Bullish on Gold, But Not Now," lowered their year-end 2026 gold price forecast from $4,650 per ounce to $4,150, and reduced their year-en

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