Today's Crypto and Bitcoin News

Key takeawaysCoreWeave default insurance exceeds 1,200 basis points amid concernsNasdaq rebounds despite continuing stress in AI credit marketsNovember 10 earnings will test CoreWeave's debt-heavy growth strategyCoreWeave's cost of protection against debt default surged above 1,200 basis points as i

CoinDesk reports:IT Home, November 7 — According to Reuters, a global race to build AI infrastructure is driving billions of dollars into advanced packaging, a previously overlooked technical segment that has now become a critical bottleneck in developing the world’s most advanced processors.“In the

Key takeawaysMicrosoft reportedly stops renewing Oracle AI computing capacityOlder Nvidia GPUs no longer satisfy Microsoft's requirementsOracle insists demand remains strong despite contract changesMicrosoft is reportedly winding down its agreement to rent artificial intelligence computing capacity

Elon Musk's Q4 2026 revenue forecast has reignited debate over SpaceX's valuation on private and tokenized markets.Elon Musk has forecast a 70% increase in SpaceX revenue for the fourth quarter of 2026, CoinGape reported. The projection has sparked fresh discussion about the aerospace company's valu

Hyperliquid [HYPE] fell below the $80-mark, a week after reclaiming the level as support. In fact, institutions are continuing to sell the altcoin too. Even though the team has been countering the selling pressure through token burns.In the last 24 hours alone, HyperLabs distributed over 179K HYPE w

TL;DR: Ethereum developers have postponed the next Glamsterdam hard-fork step on the Hoodi testnet after researchers identified applications that may depend on gas-accounting assumptions the upgrade would change. The Ethereum Foundation is asking teams to audit code before the process advances.Ether

For the first time since 2007, the yield on the U.S. 5-year Treasury has reached 5%, prompting discussions about potential impacts on real estate investment trusts (REITs). This development highlights the sharp rise in intermediate-term borrowing costs, which may affect the attractiveness of REITs c

BlockBeats report: On November 7, according to a U.S. Department of Justice announcement, former FBI agent Patrick Steven Yaroch pleaded guilty on November 5 to wire fraud and money laundering. He abused his official access to obtain cryptocurrency credentials collected during FBI investigations, ex

Just a day after the post-election relief rally, Wall Street suffered one of its most violent sessions in years, with S&P 500 companies wiping out roughly $3 trillion in market value as the Nasdaq posted its steepest daily drop since the pandemic era.The scale of the destruction also produced a ...

A former FBI counterintelligence agent has pleaded guilty to wire fraud and money laundering after admitting that he stole nearly $2.5 million in cryptocurrency by abusing access to sensitive FBI systems. Patrick Steven Yaroch, 37, used his position to conduct unauthorized transfers connected to act

IREN and Terawulf accelerate exit from Bitcoin mining, shifting focus to AI computing services. According to SEC filings on November 7, IREN mined only 402 Bitcoin last quarter, down from 2,039 Bitcoin in the same period last year, with its hash rate dropping from 45.3 EH/s to 8.8 EH/s. Mining reven

Key takeawaysEthereum stabilizes near $2,245 after sharp declineSpot ETH ETFs lose $365 million weeklyLosing $2,200 could expose deeper downside supportEthereum is attempting to stabilize near $2,245 on November 7 after a sharp market correction, but another week of institutional selling has raised

Huo Xing Cai Jing reports that, according to The Verge, the U.S. government has approved the Chinese company New Matrix to purchase NVIDIA H200 AI chips; however, the registered office address for the company is vacant, raising concerns about whether the review of chip sales was thorough. The report

Zcash price has rallied for the past 10 months, while Bitcoin and Ethereum have largely struggled. In fact, ZEC gained 147% year-to-date. However, the privacy coin is now showing selling pressure on its short-term charts. After a sustained rally, ZEC traders have accumulated gains they may want to p

Key takeawaysBitcoin stabilizes near $75,900 after sharp selloffSpot Bitcoin ETFs lose $1.28 billion weeklyBreaking $75,000 could expose deeper downside supportBitcoin stabilized near $75,900 on November 7 after testing the $75,000 support level, but another wave of institutional withdrawals has rai