BeInCrypto FI

In Brief
Investors see a Republican Congress as Bitcoin's best path to $100,000 this year
With Democrats in control, 71% of respondents expect Bitcoin to end 2026 lower
Even in a bull market, 7 in 10 doubt that Bitcoin's price will exceed $100,000.
Read the original story, “Wall Street Says One Election Outcome Gives Bitcoin Its Best Shot at $100,000,” by Lockridge Okoth on fi.beincrypto.com

In Brief
North Korean hackers stole over $8 billion from Binance, Bybit, and Bitget in 20 months
Hackers exploited compromised devices and third-party software to trick exchange systems into approving fraudulent withdrawals without stealing private keys.
Coinbase builds security-critical software in-house and uses multiparty computation (MPC), splitting private keys across different machines.
Read the original story, “Is Coinbase Safe After the $6 Billion Binance Hack?”, by Lockridge Okoth on fi.beincrypto.com

In Brief
On Sunday, Saylor posted an even more orange chart, his usual pre-purchase signal.
Strategy did not buy bitcoin last week as oil prices remained above $100.00
Bitcoin is now only 2.73% above cost. Why buy more?
Read the original story: Oil, Inflation, and Fed Risk: Why Does MicroStrategy Still Want More Bitcoin Now? by Lockridge Okoth on fi.beincrypto.com

In brief
The Chinese Communist Party urged anti-corruption investigators to track bribes paid in cryptocurrency
Officials’ families, intermediaries, and offshore money under closer scrutiny
The same decision deepens the party’s oversight of technology and platform companies.
Read the original story, “China Adds Cryptocurrency to Its Anti-Corruption List,” by Lockridge Okoth on fi.beincrypto.com

In Brief
Mark Tilbury says a $99.99 copy of GTA 6 could save players up to $5,000 compared with going out for the evening
With an 80-hour story, GTA 6 costs about $1.25 per hour, and additional content could bring that figure down even further
Critics say the comparison assumes people would otherwise spend $100.00 every single night of the week.
Read the original story Millionaire Says GTA 6 Could Save You $5,000. How? by Luis Blanco on fi.beincrypto.com

In brief
Binance began restoring withdrawals on November 1, starting with the Bitcoin network at 06:20 UTC.
The exchange said it had covered about 95% of the $6.3 billion in stolen funds using its SAFU fund and its own reserves.
The FBI linked the October 29 Binance hack to North Korea’s TraderTraitor hacking group
Read the original story Binance Resumes Cryptocurrency Withdrawals After Record-Breaking Hack, 95% of Losses Covered by Luis Blanco on fi.beincrypto.com

In Brief
Hedge funds have cut their equity exposure by over 8% since June, the biggest reduction since 2017
Goldman data shows funds erased all AI buying since the start of 2025 in five sessions
Memory chipmakers lost over $700 billion as funds sold shares they already owned
Read the original story: U.S. Hedge Funds Just Sold All the AI Stocks They Bought After 2025, by Lockridge Okoth on fi.beincrypto.com

In brief
Whale Alert spotted $2 billion leaving Binance as withdrawals reopened
Binance says every withdrawal now goes through new wallets.
The trader predicted Sunday's rally. Bitcoin is nevertheless near $78,000.
Read the original story: $2 billion moves in the first three hours after Binance reopened withdrawals, by Lockridge Okoth, on fi.beincrypto.com

In Brief
CZ considers SpaceX a long-term investment hours after its price closed below $135.00.
Analysts see 86% upside, while options pricing predicts 14% volatility.
The last locked SpaceX shares can be sold starting December 8.
Read the original story “SpaceX Stock Price Falls Below IPO Price, but Binance’s CZ Is Bullish,” written by Lockridge Okoth, on fi.beincrypto.com

In brief
An estimated 1.1 million BTC associated with Satoshi, worth $85 billion, remain untouched. Any movement could shake the markets.
AI uncovers clues about Bitcoin’s origins and raises new questions about its security and future
As AI heightens the threat of zero-day attacks, can Bitcoin survive next-generation threats?
Read the original story, “18 Years of Satoshi’s Paradox: Can Bitcoin Survive What’s Next?” by Luis Blanco on fi.beincrypto.com

In Brief
Pi Network Launches 4 New Developer and Business Tools 19 Days Before Its Summit
PI is around $0.078, down about 13% this month and 97% from its peak.
Pi’s last two major events were followed by falling prices, not a rally
Read the original story Pi Network Makes 4 Changes Before Its Biggest Ecosystem Expansion by Lockridge Okoth on fi.beincrypto.com

In brief
Tom Lee says Friday’s tech stock sell-off looked as if someone had been forced to sell.
Intel lost nearly a third of its value as the tech sector led Friday’s decline
Lee believes large buyers are waiting for Tuesday’s vote. Is he right?
Read the original story Tom Lee Believes One Investor May Be Behind Nasdaq Stock Price Crash by Lockridge Okoth on fi.beincrypto.com

In brief
Chainalysis, which tracks crypto thieves, says an attacker broke in with the help of AI agents
Customers' names, work email addresses, usernames, and job roles were taken
Chainalysis says there are no signs that passwords, login codes, or case data were accessed
Read the original story: Chainalysis, the company that hunts crypto hackers, was hacked with the help of AI agents, by Lockridge Okoth on fi.beincrypto.com

In brief
Trump says he has always thought digital money was a little dangerous.
His own disclosure shows over $1.4 billion in crypto income for 2025.
He called crypto a scam, then built his family fortune on it
Read the original story Trump talks about his family's crypto money – a little dangerous by Lockridge Okoth on fi.beincrypto.com

In brief
US spot Bitcoin ETFs lost $643.33 million in a single day on October 30.
BlackRock's IBIT led outflows with about $234 million.
Bitcoin is on track for a rare second consecutive losing October.
Read the original story, “Investors Pull $643 Million From Bitcoin ETFs After the Largest Crypto Hack in History,” by Lockridge Okoth on fi.beincrypto.com

In brief
The U.S. stock market lost $2 trillion, with major companies falling as much as 36% in a week.
Disappointing results, rising AI costs, and negative free cash flow at Google and Amazon fueled fears of an AI bubble
- Upcoming earnings reports from AMD and Nvidia could reveal whether demand for AI chips remains strong or whether the stocks face further selling pressure
Read the original story Why Did the U.S. Stock Market Crash? $2 Trillion Vanished by Mohammad Shahid on fi.beincrypto.com

In Brief
HYPE, LEO, and WBT remain near all-time highs, even as the broader crypto market fell after the Binance hack
HYPE could see a price rally toward $104.00, while LEO may retest its record high of $10.43 if key resistance levels are broken.
WBT is facing downward pressure, with a possible rebound toward $86.0000 or further declines toward $65.0000 if support fails.
Read the original story Bitcoin Is Down, but These 3 Altcoins Could Hit New Highs This Weekend by Jakub Dziadkowiec on fi.beincrypto.com

In brief
Seven Wall Street firms cut their Coinbase price targets as Q4 trading fees came in at $165 million
Barclays fell as low as $120.00, a quarter below Thursday’s closing price of $160.59.
Coinbase’s own July figures show that first-quarter figures have previously fallen short of targets.
Read the original story: 7 Banks Change Coinbase Stock Price Targets After Q3 Earnings, written by Lockridge Okoth on fi.beincrypto.com

In brief
CFTC Chair Michael Selig offers crypto exchanges a voluntary federal registration option
Binance lost more than $6 billion in about 20 minutes, TRM Labs says.
The option segregates customers’ funds, but it is voluntary and leaves foreign exchanges out.
Read the original story “Why the CFTC’s federal option for centralized exchanges is now harder to ignore” by Lockridge Okoth on fi.beincrypto.com