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2026/11/06

VET Recovery Faces Crucial $0.0076 Test as Market Outlook Remains Uncertain

VET’s latest rebound followed a sharp intraday dip, but the wider daily chart still shows a prolonged decline.The three wave advance does not establish a durable bottom and there remains a possibility that the next move will be down.A break above $0.0076 would offer an early bullish signal, while th

U.S. Nonfarm Payrolls Report Expected to Show Weak Growth but Stable Labor Market

Odaily Planet Daily report: At 9:30 PM Beijing time on Friday, the United States will release the October non-farm payroll data. Amid recent pullbacks in major tech stocks such as NVIDIA (NVDA.O) and rising market risk-off sentiment, investors have turned their full attention to this report. As a ke

BlackRock Ethereum ETF Sees $75.2M Outflows

BlackRock Ethereum ETF clients reportedly sold $75.20 million worth of ETH exposure.The reported selling could reflect weaker investor demand or portfolio adjustments.Ethereum ETF flows remain an important indicator of institutional market sentiment.Investors in BlackRock’s Ethereum exchange-traded

Japanese and Korean stock markets enter bear market territory

The Nikkei 225 Index closed down 3,666.99 points, or 6.00%, at 57,410.91 on Friday, November 6; the index has fallen more than 20% from its June closing peak, confirming entry into a technical bear market. The South Korean KOSPI Index closed down 324.15 points, or 6.02%, at 5,059.65; it initially dr

U.S. Federal Judge Issues Preliminary Injunction Against Kalshi for Sports Contracts on Tribal Lands

Odaily Planet Daily report: On November 4, U.S. District Judge Jacqueline Scott Corley of the Northern District of California granted the preliminary injunction request by the California tribe, prohibiting Kalshi Inc. and KalshiEX from offering sports event contracts on the tribe’s Indian lands. The

IREN Bitcoin Mining Revenue Drops 58% QoQ as AI Cloud Revenue Surges to $200M

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%)

Fed's December rate path remains uncertain as nonfarm payrolls data approaches

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

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

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