U.S. Democratic sweep could be the final nail in the ‘Clarity Act’s coffin’
Industry experts warn the Clarity Act is likely dead in its current form as incoming Democratic majorities eye tighter scrutiny of crypto markets and tokenized…
Wall Street rethinks AI data center boom as Texas election raises new risks
Bitcoin miners pivoting to AI face new uncertainty over power access and construction permits, while companies with approved projects could benefit from…
Bitcoin hits $80.5K as US stocks rally on midterm election results
Bitcoin climbed toward $80,500 as risk assets rallied on Democrats’ midterm election gains and oil prices fell. Source:Cointelegraph
Crypto Long & Short: ICE is betting on retail’s appetite for quick outcomes
Retail traders increasingly want trades that resolve fast, from prediction markets to sameday options. Andy Baehr of GSR argues perpetual futures belong in…
THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot
North Korea’s TraderTraitor is routing Binance hack proceeds through THORChain, swapping ether for bitcoin after an earlier wave of conversions from Tron.…
Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
SEC staff’s noaction letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status. Source:Cointelegraph
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.…
Bitcoin rebounds from midterm dip as DeFi leads gains
Bitcoin recovered from a dip to around $75,600 as Democrats won Congress, while DeFi tokens led gains and Trumplinked coins fell. Source:CoinDesk
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
Zcash grants committee drops plan to redirect 98,000 ZEC to future mining rewards
The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system.…