Today's Crypto and Bitcoin News

ME News reports that on November 6 (UTC+8), according to the Kaia blog, as Kaia transitions to a permissionless network, KAIA in existing public delegations must be migrated to the new staking contract. KAIA that is already staked will not be automatically migrated; users must manually withdraw thei

Tether's quarterly disclosure reveals the scale of the stablecoin business and makes the details of reserve management worth examining further.Written by: CorundumWith $100 held in an account, some people leave it in the bank, while others convert it to USDT. For users, the difference between these

Biyu News, according to Yonhap News, South Korea’s Deputy Prime Minister and Minister of Science and ICT, Bae Kyung-hoon, stated on the 6th that, amid growing global concerns over declining AI investment, South Korea should not delay investments in AI data centers. Bae emphasized, “South Korea must

Fidelity's funds led the reversal as combined Bitcoin and Ether ETF redemptions topped half a billion dollarsUS spot Bitcoin and Ether ETFs posted combined outflows of approximately $530 million, according to Cointelegraph. The figure signals a sharp pullback after weeks of renewed investor interest

ChainCatcher report: On-chain analyst nooman posted on X that the trend of meme coin platforms transitioning to perpetual contracts is accelerating. On Thursday, the number of daily active traders for perpetual contracts on FOMO and Pump.fun both saw significant growth. FOMO’s perpetual contract dai

Huo Xing Cai Jing reports that the on-chain trading platform GMX has posted on Twitter that the proposal “GMX Market Making Fund Phase 2: Emergency Reserve,” which allocates additional funding to the $10 million GMX market making fund, is now live on the governance platform Tally, urging token holde

Huo Xing Finance reports, according to Yonhap News, the Financial Supervisory Service’s electronic disclosure system shows that Lee Tae-moon, Representative Director and Head of the DX Division at Samsung Electronics, purchased 3,000 ordinary shares of the company on November 6 at an average price o

Wellington Altus Chief Market Strategist James Thorne attributed Thursday's AI stock selloff to excessive leverage and worsening sentiment, rather than a collapse in demand. Thorne compared investors' anxiety with last year's claims that software was dying. Thorne argued that investors were confusin

Central Bank of Nigeria pairs new capital rule with tighter oversight of peer-to-peer crypto tradingThe Central Bank of Nigeria has set a capital requirement of 15 billion naira, about 11.16 million dollars, for foreign stablecoin issuers. The figure applies to companies offering stablecoin services

ME News reports that on November 6 (UTC+8), ABB stated that Chinese government authorities have blocked SoftBank Group’s $5.4 billion acquisition of its robotics business. SoftBank said the Office of the Foreign Investment Security Review Mechanism under the National Development and Reform Commissio

ChainCatcher report: On-chain trading platform GMX has posted on X that the proposal “GMX Market Making Fund Phase 2: Emergency Reserve,” which allocates additional funding to the $10 million GMX market making fund, is now live on the governance platform Tally, urging token holders to vote or delega

ChainCatcher report: Robinhood co-founder and CEO Vlad Tenev hosted a 45-minute public AMA on X, titled "Let's Talk Robinhood Chain," directly engaging with developers and the community to share the latest updates and long-term vision for Robinhood Chain. During the AMA, Vlad Tenev announced that st

BlockBeats news, on November 6, amid sharp fluctuations in the U.S. stock market following the midterm elections, President Trump posted two contrasting statements on Truth Social.At noon local time on November 4, he said the stock market hit another all-time high, with 91 trading days setting new r

Huo Xing Finance reports, according to Coinglass data, that over the past 24 hours, $1.26 billion in total positions were liquidated across the network, including $1.116 billion in long positions and $144 million in short positions. Of this, $300 million in Bitcoin long positions were liquidated, $3

CoinDesk reports:According to a person familiar with the matter, Palo Alto Networks is in talks to acquire Clutch Security for $500 million in cash plus additional milestone-based payments. Clutch is a startup that provides security for AI agents accessing corporate systems.According to the source,