Crypto news highlights for November 9, 2026:
Market Drivers
Nvidia-led tech selloff weighs on crypto: Nvidia (NVDA) dropped more than 4% in pre-market trading after reports of CEO Jensen Huang’s relationship with a suspected Chinese spy, prompting a company investigation. This risk-off mood spilled into crypto, with most major coins declining and only a few top-100 tokens (e.g., ARB, RNDR, PEPE, QNT, GT) up 1% or more.
Heavy liquidations: Crypto futures saw over $1.1–1.2 billion in liquidations (mostly longs), with Ethereum accounting for a large portion (~$500 million). Futures volume surged more than 200%.
Binance
ETF outflows: U.S. spot Bitcoin ETFs recorded about $1.28 billion in net outflows last week (worst since June), flipping 2026 flows negative in some tallies. Ethereum ETFs also saw continued pressure.
Key Stories
NYSE picks Avalanche for tokenized securities: The New York Stock Exchange plans to use Avalanche for clearing and settlement on a new 24/7 tokenized stock platform (pending regulatory approval). AVAX reacted positively.
Solana security proposal: Developers proposed deprecating the “durable nonces” feature exploited in the earlier $270 million Drift Protocol hack.
SpaceX AI project: SpaceX proposed a $24 billion Texas AI supercomputer (with its own power plant), valued at roughly 17 times its reported Bitcoin holdings.
Security incidents: Reports of a Keplr wallet compromise affecting social logins (Google/Apple), plus a supply-chain attack on Swarm development packages that could steal node wallets.
Ongoing fallout: Lingering concerns from the late-October Binance hot-wallet hack (~$6.3 billion, attributed by some to North Korean actors) and related customer withdrawals. Binance is also closing accounts in certain EU countries by year-end.