Live news: Bitcoin faces fifth weekly loss as midterm elections weigh on markets
A fifth straight weekly decline would mark bitcoin’s joint thirdlongest losing streak, as oil rebounds and Apple’s margin warning adds to investor caution…
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. Source:CoinDesk
Bitcoin’s price chart is flashing a red signal
The Guppy Multiple Moving Average bands signal a bearish momentum, even as seasonality and postmidterm history lean bullish. Source:CoinDesk
BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June
BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows. Source:Cointelegraph
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a topup, and the exchange hasn’t said when it will refill…
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.…
Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower. Source:CoinDesk
AI poses greater threat to Bitcoin than quantum computing, Swan founder says
The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts. Source:Cointelegraph
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source:Cointelegraph
Mercado Bitcoin wallets keep moving funds after $46M hack
Brazil’s exchange Mercado Bitcoin paused deposits and withdrawals after a security breach, saying customer funds and data were safe. Source:Cointelegraph
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
Bulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms. Source:CoinDesk
Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.…