BITCOIN IMPACT
Bitcoin price today: Why BTC USD fell near $73,000 after US CPI report and could it crash to $70,000 next?
Bitcoin price today after CPI report: BTC USD slipped towards $73,000 after hotter-than-expected US inflation data revived fears of a bigger Federal Reserve rate hike in December. With Bitcoin funds seeing billions of dollars in withdrawals, traders are watching whether BTC can hold $73,000 or face another decline towards $70,000.
Trump Media's investors lost $2.2 billion while Trump holds $460 million stake
Ske Jarzenske and other Trump Media investors are facing severe losses as the company's stock value has plummeted. Many investors had high hopes for the social media platform, believing in its potential profitability under Trump's leadership. Instead, Trump Media's shares have lost significant value, and discontent among shareholders has grown. The company's revenue remains stagnant, leading investors to question management practices and investor trust.
Bitcoin rebounds with stocks despite threat to crypto agenda
Bitcoin rebounds more than 4% to above $81,000, tracking a broader recovery in financial markets after the US midterm elections. However, Democratic control of Congress threatens to stall crypto-friendly legislation and increase regulatory scrutiny. Investors are also weighing the impact of political uncertainty, Treasury yields and institutional adoption.
Why did the Dow Jones jump 1,250 points today after Democrats won Congress while Tesla, SpaceX and AI stocks struggled? Will a Democratic Congress slow the AI boom?
Wall Street took the election result well on Wednesday, yet some names missed the rally. Democrats won Congress, and the Dow climbed 1,245 points, or 2.40% by 10:44 am ET. The S&P 500 rose 1.52% and the Nasdaq gained 1.82%. But Tesla, SpaceX and data centre stocks fell, as investors worry tighter rules may slow the AI boom.
How are global stock markets reacting to the US midterm election results?
Following the midterm elections where Democrats took control of both Congressional chambers, global stock markets felt the impact. Initial hesitation in European stocks soon gave way to strength, driven by financial sector gains. Precious metals experienced a notable uptick, but defense stocks reeled from concerns over military expenditures. In Asia, markets showed volatility, underscoring investors' adaptative strategies to the altering political scenario.
Bitcoin price today: BTC USD near $77,000 as US midterm elections 2026 put crypto bill at risk - here's what traders need to know
Bitcoin struggled near $77,000 on US midterm election day as ETF outflows and concerns over the Binance security breach weighed on sentiment. Investors are also watching the proposed CLARITY Act, with the election potentially influencing the future of crypto regulation in the US.
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US midterms put Trump-era crypto boom and prediction markets at risk
The US midterm elections could threaten the crypto friendly regulatory environment created under President Donald Trump. A potential Democratic takeover of Congress may bring tighter oversight of digital assets and prediction markets, putting companies such as Coinbase, Strategy and Bullish under pressure as investors reassess the sector's regulatory outlook.
Binance hack raises crypto security fears: Why are Strategy and Bitmine still buying Bitcoin (BTC USD) and Ethereum (ETH USD)? What did Michael Saylor and Tom Lee say
Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million in ETH USD. The buying came as the crypto industry faced renewed security concerns following the massive Binance hack, with Bitmine chairman Tom Lee arguing that the market’s relatively muted reaction was “very constructive.”
Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
Binance sees net outflows of $3.64 billion after resumption of withdrawals
On November 1, Binance reported net outflows of around $3.64 billion as withdrawals resumed after a pause. During this period, withdrawal volumes reached over $4.64 billion while deposits amounted to $1.01 billion. The exchange stated that the percentage of outflows represented 2.1% of its total assets. Despite the large outflows, Binance highlighted that deposit volumes remained substantial and withdrawal volumes began to stabilize.
Binance to resume withdrawals after recovering bulk of $6 billion in stolen funds
Binance has announced the resumption of cryptocurrency withdrawals after recovering a significant portion of stolen assets. The exchange has identified a North Korean unit behind the theft and is actively working to recover remaining tokens. Law enforcement agencies are tracking the laundering of stolen assets into cryptocurrencies. Binance has committed to covering the financial losses incurred due to the hack.
FBI says North Korea behind $6 billion crypto theft from Binance
The FBI reported North Korea's involvement in a significant cyber heist from Binance. Binance announced that it is covering the losses with over $6.34 billion in company funds. Following the attack, the cryptocurrency market experienced a notable decline in prices, impacting major coins. The hackers, identified as TraderTraitor, are also linked to previous thefts and the notorious Lazarus Group.
Binance sets aside USD 6.34 billion to cover crypto hack losses, targets phased withdrawal resumption
In response to a significant security breach, cryptocurrency exchange Binance has earmarked USD 6.34 billion to cover losses incurred from unauthorised withdrawals amounting to about USD 6.3 billion. The company is committed to recovering these funds and restoring withdrawal services incrementally, having already safeguarded USD 5 billion in stolen assets.
What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft
Binance says hackers stole more than $6 billion in what is being described as the largest cryptocurrency heist on record, with blockchain intelligence firms linking the attack to North Korea’s TraderTraitor hacking unit. The exchange has set aside $6.34 billion to cover losses, frozen about $3 billion in affected assets with partners and says it will reimburse users while investigators trace the stolen funds.
Wall Street drops to its worst day since June after the sell-off for tech stocks deepens
Wall Street’s tech sell-off deepened on Friday as investors questioned whether massive spending on artificial intelligence will deliver enough returns to justify lofty valuations. The S&P 500 fell 1.8% and the Nasdaq 2.9%, with Intel plunging nearly 29% and Nvidia down 4.2%, while bitcoin also slid after a major hack at Binance.
Crypto's biggest-ever heist: How hackers stole $6.3 billion in Binance in just 20 minutes
Binance, on Friday, reported a significant security breach that resulted in the theft of $6.3 billion in cryptocurrencies. An initial investigation revealed that a compromised laptop enabled unauthorized withdrawal transactions. Approximately half of the stolen assets were stablecoins, which issuers have reportedly frozen to limit the attackers' activities. Blockchain analysis firms suggested that the breach shares similarities with previous North Korean hacker operations.
Binance hack update: Will you lose your Bitcoin? Who stole the money, where has the stolen $6.3 billion gone, and how much has been recovered?
Binance crypto hack news: Binance suffered a massive $6.3 billion cryptocurrency security breach, with investigators linking the attack to North Korea's TraderTraitor hacking group. Around $2.7 billion worth of stolen assets has reportedly been frozen. Here's where the stolen money went, which cryptocurrencies were affected and whether Binance customers risk losing their Bitcoin.
Global Market: Binance breach rekindles fears over cryptocurrency security
A reported $6.3 billion breach at Binance, described as the largest crypto heist on record, has renewed concerns about digital-asset security. Binance has located about $3 billion in affected assets and pledged to cover losses. The incident joins major attacks on Bybit, Ronin Network, Wormhole and other platforms, highlighting persistent vulnerabilities across exchanges, wallets, blockchain bridges and DeFi services.
Bitcoin hits 6-week low, drops below $78,000 as Binance’s $6 billion hack rattles crypto markets. What should investors do?
Bitcoin fell more than 4% to a six-week low below $78,000, while Ether and BNB also slumped after a reported $6.3 billion security breach at Binance rattled crypto markets. Analysts flagged key support levels and advised investors against panic selling or aggressive dip-buying, favouring staggered entries and smaller positions.
Biggest crypto heist in history: How Binance’s $6 billion hack rattled markets and what it means for investors?
Binance is investigating a reported security breach estimated to have caused $6.3 billion in losses, with North Korea-linked hackers suspected by TRM Labs. The exchange says user funds are safe and has pledged to cover all losses.
Binance hit by $6.3 billion crypto hack: Here’s what you need to know
Binance has reported a substantial security breach resulting in estimated losses of $6.3 billion. The breach was linked to a compromised laptop of a DevOps engineer facilitating unauthorized transactions. Global cryptocurrency firms have responded by freezing assets totaling nearly $2.4 billion. Additionally, Binance stated that user funds remain safe due to its Secure Asset Fund for Users.
From $1.46 billion in Ether being stolen to hackers returning money: Here’s a look at some of the largest crypto heists as Binance hit with largest in history
Binance has reported a significant hack that resulted in $6.3 billion being compromised. The company froze nearly $3 billion and promises to cover all losses incurred. Investigations indicate that a North Korean hacking group might be responsible for this breach. Additionally, other notable hacks in the cryptocurrency sector highlight ongoing vulnerabilities and the challenges faced by exchanges.
Binance flags 'potential security issue,' says approximately $6.3 billion impacted
Binance is currently investigating a security incident that reportedly involves unauthorized transactions exceeding $6 billion. The company has stated that user funds remain secure despite the alarming situation. To mitigate risks, Binance has temporarily suspended all deposits and withdrawals on its platform. In collaboration with law enforcement, blockchain partners have already frozen a substantial amount of affected assets.
Tech firms take fresh hit as earnings misses fan AI fears
Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom. "The concern isn't that AI demand has already slowed.
JPMorgan Asset Management sees Bitcoin beating stocks, but with a big catch
JPMorgan Asset Management has introduced Bitcoin into its long-term capital market assumptions for the first time. The firm forecasts annualized returns of 10% over the next decade, alongside significant volatility of 55%. This volatility may undermine Bitcoin's attractiveness on a risk-adjusted basis compared to traditional investments. Despite the potential returns, JPMorgan has not incorporated Bitcoin into its main portfolio models due to instability.
Bitcoin hovers near $83K as Asian stock sell-off triggers over $800 million in crypto liquidations
Bitcoin hovered around $83,300 on Wednesday as a sharp sell-off in Asian equities triggered over $800 million in crypto liquidations. Broader macroeconomic uncertainty, softening institutional ETF demand, and rising tech volatility continue to weigh on investor sentiment despite large-scale accumulation at lower support levels.
Bitcoin trades near $83,000 as macro headwinds and US political uncertainty weigh on sentiment
Bitcoin consolidated near $83,000 as rising US bond yields, dollar strength, and ETF outflows weighed on sentiment. Analysts highlight Wednesday's US CPI inflation data as the next key catalyst, with strong support holding near $81,000 and major resistance positioned at $84,000.
Bitcoin price prediction: Why BTC USD can drop before a Fed rate hike and rally after
Bitcoin price prediction: BTC USD fell ahead of the Fed’s rate hike but rebounded afterward. Here’s why interest rate expectations, investor sentiment and market conditions can influence Bitcoin’s price before and after a Federal Reserve decision.
Gold prices near Rs 1.5 lakh/10 grams; silver rises as dollar eases from multi-month high. What lies ahead?
Gold and silver prices gained on MCX on Thursday, supported by a weaker dollar and expectations of another US Fed rate hike. MCX December gold rose Rs 557 to Rs 1,49,660 per 10 grams, while December silver gained Rs 327 to Rs 2,23,888 per kg.
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