Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap selloff, reversing postelection gains. Source:Cointelegraph
A record number of first-time home buyers now pay in cash. Here’s where they get the money.
Allcash buyers are becoming more common, despite a housing market that’s been struggling with affordability issues. Source:MarketWatch
This is the secret sauce for the economy — and it’s showing up in faster U.S. growth
Americans are unhappy about the economy, they’re worried about artificial intelligence and they took their frustration out on Republicans in the U.S. midterm…
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.…
Kraken parent Payward and its clients buy AAVE tokens in DeFi investment push
The investment follows talks first reported by CoinDesk in June that included a proposed equity stake in Aave Group. Source:CoinDesk
Blockchain is ‘perfect solution’ for AI agent trust, VeChain CEO says
Sunny Lu said AI agents would need identity and reputation systems, making the case while promoting agentbuilding platform VeWorld.ai. Source:Cointelegraph
Google could take stake in bitcoin miner TeraWulf’s $19 billion AI project if Anthropic defaults
A $19 billion datacenter agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.…
Binance cuts SignalPlus access after security warning, urges users to check accounts
The exchange says its systems are unaffected but has removed trading connections to the thirdparty platform as a precaution. Source:CoinDesk
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote. Source:CoinDesk
Bitcoin is resilient, but leverage is missing and demand still tepid
Your dayahead look for Nov. 5, 2026 Source:CoinDesk
An Anthropic IPO when the AI trade is this turbulent? Godspeed!
Wall Street takes a harder look at AI costs after historic midterm results. Plus, the upside to Apple’s lack of artificialintelligence spending.…
A strategist draws a 1980s parallel to argue bipartisanship could power a ‘bull stampede’
In the 1980s, a Republican president, a Democrat Speaker of the House and an inflationfighting Federal Reserve chairman powered a stockmarket rally.…