The election changes Washington. The work on crypto continues
The next Congress inherits an unfinished assignment: establishing clear, lasting rules for digital assets that protect consumers and ensure American innovation…
Live updates: Bitcoin and stocks post big gains, reversing overnight plunge following Blue Wave landslide
The biggest losers, so far, are the AI data center stocks following victories for several candidates who campaigned expressly against the sector.…
Tesla and SpaceX shares slide as Musk’s political push falls flat
The billionaire spent hundreds of millions of dollars on the U.S. election. Now, investors are worried about less favorable policies under new Democratic…
Datadog’s stock extends steep declines in the wake of earnings
Datadog failed to top expectations with its revenue forecast. Source：MarketWatch
Global asset manager Schroders brings emerging market bond fund to Solana
The global asset manager, which oversees $1.1 trillion in assets, is bringing an actively managed bond strategy onchain through tokenization specialist…
Midterm elections deliver a ‘blue wave.’ The stock market sees green.
Wall Street finds reasons to cheer the Democrats’ sweep. Plus: Microsoft’s AIera buyouts and a retiree’s appetite for a “free lunch.” Source：MarketWatch
The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep
Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new…
ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds…
‘My life could be cut short’: I’m 55, married with $4.3 million and have a brain tumor. Should I buy a $210,000 custom Porsche?
“I also want to preserve the opportunity to leave a meaningful legacy for my two sons.” Source：MarketWatch
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade
Texas election result raises fears of data centre restrictions, while Musk and Palihapitiya draw attention to the space economy. Source：CoinDesk
Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.…
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28. Source：CoinDesk