📌 Bitcoin recovers from early losses of 2.8% following Democratic gains in the U.S. Congress.
📍 The cryptocurrency rose 0.69% to $78,339.50, while Ethereum climbed 1.37% to $2,324.26, according to the latest market data.
📍 Democratic control of both chambers of Congress raises concerns regarding stricter regulation of cryptocurrencies and potential delays in passing legislation supportive of the sector.
📍 The "CLARITY" Act, aimed at regulating the digital asset market, is already stalled in the Senate; Democratic control of congressional committees may necessitate a renegotiation of the bill.
🇺🇸 Trump hints at using his veto power following Republican losses!
📌 Trump posted an image featuring the word "VETO" on the Truth Social platform, coinciding with his party's losses in the midterm elections.
📌 Despite the prospect of Democratic control over Congress, Trump retains his veto power and executive authority.
📌 He had previously suggested the possibility of exercising his veto for a month or two before reaching compromises with the Democrats.
Important alert for traders: The ISM Services PMI data for the U.S. is coming up shortly! 🇺🇸📊
At 10:00 AM Eastern Time (New York / Wall Street) — 30 minutes after the Wall Street market open — the most significant indicator for the services sector, which accounts for 80% of the U.S. economy, will be released!
📌 How should you interpret the figure upon its release?
🔴 PMI > 55.5 (Negative for stocks 📉): Excessive growth that fuels inflation and drives up bond yields and the U.S. dollar.
🟡 PMI (54.5 – 55.2) (Neutral ⚖️): Stable conditions; focus shifts back to election results.
🟢 PMI < 54.3 (Positive for stocks 🚀): A slowdown that eases inflationary pressure, potentially paving the way for an upward rebound in $SPY and $QQQ!
Keep your eyes on your screens as the session begins! 👀
November could be a strong month for technology stocks. The Nasdaq 100 index has just entered what is historically its best-performing month of the year; since 1985, November has been the index’s strongest month, with an average gain of 2.54%. However, there is a major cause for concern this time around. The Nasdaq 100 fell 6.65% in October—its worst monthly performance since March 2020 and its weakest October in eight years. This sell-off occurred as investors began to question whether the massive spending by major tech companies on artificial intelligence would actually generate sufficient returns. According to Nasdaq research, more than half of the index is directly linked to AI infrastructure and services, making the current earnings season particularly critical. If the results and forecasts prove strong, investors may return to buying tech stocks. Conversely, if AI spending continues to climb without a corresponding growth in revenue, the sell-off could persist. While November has historically been a very positive month for technology stocks, the sharp decline in October means this month will serve as a true test of investors' willingness to return to AI-related equities.
🚨 Breaking | Washington and Tehran on the verge of a major geopolitical shift! 🇺🇸🇮🇷
🔴 Reports cited by Al Jazeera indicate that the U.S. administration has approved a draft memorandum of understanding with Iran, amid talk of mutual concessions!
🔥 What does this mean for the markets?
🛢️ Oil: Potential downward pressure, with expectations of sanctions being eased.
🥇 Gold: A possible decline in demand for "safe-haven" assets as the risk premium fades.
₿ Bitcoin and Stocks: A potential boost to risk appetite if tensions subside.
⚠️ Take note! Approval of a draft is not a final agreement; markets could experience significant volatility with any new statement.
🏭 More than 140 racks of AI servers are being shipped daily from the Nvidia ecosystem!
The company states that it is shipping over 1,000 MGX racks per week, supported by a manufacturing network that spans 350 locations across 30 countries. 🌍
This figure reveals just how far the AI race has progressed. 👇
⚡⚡⚡
The MGX platform is the modular architecture upon which Nvidia servers are built—including the NVL72 systems, which house 72 GPUs in a single rack. Each rack requires a power capacity exceeding 120 kilowatts.
The JOLTS (US Job Openings) report is set to be released today at 10:00 AM ET (New York time). (This is the official release time designated by the US Bureau of Labor Statistics.)
A critical indicator for the labor market—arriving on Election Day and just ahead of Friday’s weekly jobs report:
🔴 Job openings > 7.25 million ← Bearish for stocks
⚪ Job openings 7.00M – 7.20M ← Neutral
🟢 Job openings < 6.95 million ← Bullish for stocks
🎯 All eyes are on this release today—specifically, right after the market opens! ⚡
A "whale" injects $62 million into Ethereum in a single move.
While many hesitate to buy amid a market downturn, one major player has decided to go against the tide.
Today, a whale purchased $62 million worth of ETH.
Does this investor see an opportunity that most traders are missing?
Large-scale capital movements are rarely coincidental; perhaps this pullback is viewed as a golden opportunity by those with massive amounts of capital.
Are the whales buying the bottom before a rebound, or does the market still have some surprises in store?
🚨🚨 Urgent: Next week could turn into a nightmare for global markets.
More than $3 trillion evaporated from global markets on Friday, and what lies ahead for investors in the coming days could further inflame the situation.
We are facing a week in which economic, political, and military events are converging all at once:
🔴 Monday: US ISM manufacturing data, Apple’s earnings, and remarks from Federal Reserve official Goolsbee.
🔴 Tuesday: US midterm elections, JOLTS job openings data, and AMD’s earnings.
🔴 Wednesday: ADP employment data and ISM services sector data, amid reports and speculation regarding a potential US military escalation against Iran.
🔴 Thursday: Data on layoffs, jobless claims, and US labor productivity.
🔴 Friday: The Non-Farm Payrolls (NFP) report, the unemployment rate, wage growth, and consumer confidence.
Imagine all these events occurring in a single week, while markets are already suffering from clear weakness and widespread anxiety.
Tech company earnings could shake the stock market.
The elections could shift investor expectations, and employment data may influence Federal Reserve policy decisions.
As for any potential military escalation, it could open the door to volatility of unpredictable magnitude.
What happens if several pieces of bad news arrive simultaneously?
This could prove to be one of the most critical weeks for the markets this year.
ICE Partners with Trade[XYZ] to Bring Hyperliquid Perps to the US (Brief Summary)Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, announced a deal with Trade[XYZ] to launch regulated Hyperliquid-based perpetual futures (perps) for American retail traders.Background: In May 2026, ICE (along with CME) urged U.S. regulators to rein in Hyperliquid over concerns about market manipulation. It has now shifted to partnership and investment instead.Key details:
ICE is taking a strategic stake in Trade[XYZ] and will operate the regulated U.S. markets.
Trade[XYZ] designs the markets; Hyperliquid provides the underlying tech (via HIP-3).
Products: 24/7 perpetual contracts on crypto, equities, indices, commodities, and FX, with KYC/AML and access through licensed brokers (FCMs).
Subject to regulatory approvals.
This marks a major shift toward integrating on-chain perps into traditional regulated markets and boosted the HYPE token.
🚨 Trump weighs in on the Binance crisis; the situation could escalate into a global issue
Former U.S. President Donald Trump has stated that he is monitoring the alleged breach of the Binance platform—an incident with reported losses estimated at approximately $6.3 billion.
This is no ordinary security incident; it ranks among the largest financial thefts in history.
With the involvement of a former U.S. President, the level of attention surrounding the case has reached unprecedented heights.
Could the Binance crisis evolve from a disaster within the crypto world into an issue involving the highest levels of American politics?
According to data from DefiLlama, 12 crypto projects and platforms have been hit by hacks over the past week—with the reported losses reaching shocking figures!
Major losses include: 🔴 Binance: Approximately $5.78 billion! 🔴 X100: Around $4.75 million 🔴 Polymarket: $2.7 million 🔴 Initia: $2.6 million 🔴 Fence Finance: $1.01 million 🔴 Bloom Trading Bot: $953,000 🔴 zkLink Nova: $783,000 🔴 Predict.fun: $400,000
The list also includes Hifi Finance, Zilliqa X-Bridge, Myriad Markets, and Yapeswap.
It’s been a week full of hacks and losses, bringing the issue of security on crypto platforms back into the spotlight!