Today's Crypto and Bitcoin News

Headline: IREN plummets as Bitcoin mining revenue collapses 58% — AI cloud boom offsets the hit as company pivots away from miningKey takeaways- IREN’s Bitcoin-mining revenue plunged 58% quarter-over-quarter to $28 million in Q1 FY27 (quarter ended Sept. 30).- AI cloud revenue nearly tripled (+182%)

ME News reports that on November 6 (UTC+8), 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 rates in December.Investment analyst Michael Kr

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

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

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%;

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

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

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

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

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

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

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

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 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

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