Tag: Bitcoin
Bitcoin rebounded above $80,000 after briefly falling to a seven-week low near $75,600 as Democrats swept the U.S. midterm elections.
Democrats secured control of both the House and Senate, with Sen. Elizabeth Warren expected to chair the Senate Banking Committee, further jeopardizing the CLARITY Act that failed a 49-50 procedural vote in September.
Crypto industry PACs spent roughly $176-200 million this cycle, including more than $60...
Block Shares Rise on Raised Profit Outlook as Firm Details $764M DOJ AML Settlement
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Block reported Q3 net income of $566 million, up from $462 million a year earlier, and raised its full-year 2026 gross profit outlook to $12.63 billion.
Shares of XYZ rose about 6% in after-hours trading following the results and guidance raise.
The company disclosed an agreement in principle for a $764 million net settlement with the DOJ over anti-money-laundering program deficiencies.
Bitcoin ecosystem gross profit fell 50% year-over-year...
Crypto Markets Lick Wounds After Record Binance Hack as BTC Holds Near $78K
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Bitcoin is trading near $78,000 as the cryptocurrency market absorbs the aftermath of the largest reported crypto exchange hack. A CoinMarketCap-based snapshot published by Pintu put total crypto market capitalization at $2.63 trillion at 04:56 UTC on November 2. Bitcoin recovered from an intraday low near $76,190 on October 30 but remains below its pre-hack levels.
Source: Pintu / CoinMarketCap snapshot.
Main Analysis: The Binance Hack...
Spot Bitcoin ETFs Record $643 Million Outflow After Record Binance Hack as Exchange Sees $3.64 Billion Withdrawals
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U.S. spot Bitcoin ETFs recorded $643.3 million in net outflows on Friday, the largest single-day total since June.
Binance processed a net outflow of $3.64 billion in the first 9.5 hours after reopening withdrawals on Sunday.
The FBI attributed the $6.3 billion theft to North Korea’s TraderTraitor group.
Bitcoin recovered to around $78,600 early Monday amid stabilizing markets.
U.S. spot Bitcoin exchange-traded funds recorded their largest...
Bitcoin Dips Below $80K as Traders De-Risk Ahead of Fed Meeting
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Bitcoin traded around $79,800–$80,200 on October 26, 2026, after slipping below the $80,000 level over the weekend, as traders reduced risk ahead of the Federal Reserve’s Wednesday meeting. Ether fell toward $2,300, XRP to about $1.28, and Solana hovered near $100. More than $404 million in leveraged long positions were liquidated in a short window, while U.S. spot Bitcoin ETFs recorded roughly $636 million in net outflows on a recent day,...


