BeInCrypto FI

In brief
MicroStrategy wants to become the world's Bitcoin bank, says CEO Phong Le.
Bitcoin's entire blockchain is 780 GB and still fits on a 1 TB drive.
Developers disagree about how quickly the blockchain should be allowed to grow.
Read the original story “Bitcoin Doesn't Need a Bank, but MicroStrategy Wants to Become One” by Phil Haunhorst on fi.beincrypto.com

In brief
Kevin O'Leary keeps a red Michael Jordan card in his Tiffany chain.
His group paid $500,000–$600,000; he now estimates its value at over $2 million.
The record public sale for the same card is close to $1.47 million.
Read the original story Kevin O’Leary Says His Michael Jordan Card Is Worth $2,000,000 by Phil Haunhorst on fi.beincrypto.com

In Brief
Four snack and restaurant company stocks have outperformed Bitcoin over the past six months.
Cheesecake Factory leads the group with a gain of over 70%.
Bitcoin still performed better than Nvidia over the same period.
Read the original story Bitcoin and Nvidia Lose to Restaurant Chain Stocks in 2026 by Phil Haunhorst on fi.beincrypto.com

In brief
Zcash shows short-term weakness despite outperforming Bitcoin and Ethereum over the past month
ZEC loses the $1,249 support level, which could signal stronger selling pressure across the crypto markets
Bitcoin and Ethereum face key support tests as traders watch to see whether Zcash’s weakness spreads.
Read the original story Zcash Price Gives a Warning Signal to Bitcoin and Ethereum by Phil Haunhorst on fi.beincrypto.com

In brief
Bitcoin developer Cory Fields proposes hidden quantum explosives to protect vulnerable BTC from future quantum hackers
Hackers would have to lock up their own Bitcoin as collateral before moving vulnerable coins, risking losses if they are caught.
- Legitimate owners could reveal secret proof of ownership to recover stolen BTC and claim the hacker’s deposit.
Read the original story, “Bitcoin Developer Proposes a Quantum Trap for Hackers,” by Luis Blanco on fi.beincrypto.com

In Brief
The PS5 Pro is sold out at major US retailers at a price of $899.99.
GTA 6 preloads open on November 10 and require at least 212 GB on PS5
Sony shares fell on Friday despite a record earnings forecast
Read the original story PS5 Pro Is Sold Out Everywhere as GTA VI Preloading Begins Next Week by Phil Haunhorst on fi.beincrypto.com

In Brief
JST, XMR, and LEO maintain bullish structures as Bitcoin tests $75,800
JST consolidates below $0.144 while XMR defends $600 as support
LEO trades in a narrow range around 11% below its all-time high.
Read the original story 3 Altcoins Defy the Crypto Market Plunge by Jakub Dziadkowiec on fi.beincrypto.com

In Brief
Elon Musk says the viral post about Binance’s market share is made up.
CZ marked the post as false before Musk replied in the thread.
A fake message urged users to transfer funds after a $6.3 billion hack
Read the original story “Elon Musk Says He Never Urged Binance Users to Transfer Funds” by Phil Haunhorst on fi.beincrypto.com

In brief
Tom Lee says he's buying AI stocks after Thursday's $2.3 trillion plunge
He sees a 15% Nasdaq rally, echoing the S&P 500's gains since August.
Hot jobs data revived Fed rate-hike bets. Can his rebound thesis hold?
Read the original story: Tom Lee and JPMorgan exec call AI dip normal: Is Nasdaq up 15%? by Lockridge Okoth on fi.beincrypto.com

In brief
After Thursday’s 5.5% Nasdaq drop, the Nasdaq 100 rebounded 2.06% at Friday’s open, as markets regained about $850 billion.
NoLimit, who has over 1.5 million X followers, named Amazon, Alphabet, Vistra, Uber, NVIDIA, and Netflix as long-term top picks.
The investor expects most of these stocks to trade significantly higher within two or three years and considers them long-term investments.
Read the original story 6 US Stocks to Watch After Wall Street’s $2.5 Trillion Crash by Luis Blanco on fi.beincrypto.com

In brief
U.S. Bitcoin ETFs attracted $25.6 billion in 2026 but lost $26.1 billion
Net outflows stand at $502 million at the time of writing, according to SoSoValue.
Ethereum ETFs are also seeing outflows, removing one major buyer from crypto markets.
Read the original story, “$26 Billion in Bitcoin ETF Selling Wipes Out Every 2026 Investment,” by Lockridge Okoth on fi.beincrypto.com

In Brief
Elon Musk Says SpaceX Will Cancel All Federal Contracts Washington Doesn’t Want
He puts government work at under 10% of revenue, compared with one-fifth in 2025.
Texas restrictions on data centers could have a greater impact on SpaceX’s AI business.
Read the original story Elon Musk Offers SpaceX a Chance to Cancel Government Contracts: Can the Stock Survive Without Them? by Lockridge Okoth on fi.beincrypto.com

In brief
Final rule easing access to crypto and private equity in 401(k) plans reaches the White House
Employers’ savings plans held $15 trillion at the end of June, according to ICI data.
The draft was approved by the same office in 10 weeks. Then employers decide.
Read the original story Trump’s plan to allow 401(k) accounts to hold crypto is nearly ready: When can savers buy? by Lockridge Okoth on fi.beincrypto.com

In brief
Stocks now show deeper fear than cryptocurrencies after Thursday’s Nasdaq crash
VIX rose nearly 70 percent to 28.18 as chip stocks fell
Crypto sentiment fell from 50 to 28 in a single day.
Read the original story, “Wall Street Now Fears More Than Crypto Traders After a 70% Surge in the Fear Index,” by Jakub Dziadkowiec on fi.beincrypto.com

In Brief
Elon Musk says OpenAI Stargate investor SoftBank is defaulting on its turbine orders.
The cost of insuring SoftBank’s debt against default rose to its highest level since October 2022
Musk did not cite a source, and SoftBank has not responded publicly.
Read the original story: Elon Musk claims SoftBank is defaulting on its wind turbine orders, by Phil Haunhorst, on fi.beincrypto.com

In brief
A viral list put 43 countries in bear market territory. Only 27 are holding up.
Japan joined the fray this week as AI chip stocks sold off broadly around the world
Only 7 of the 27 hit record highs this year. The U.S. isn’t among them.
Read the original story: “27 Stock Markets Worldwide Are in Bear Market Territory. Why Is America Missing?” by Lockridge Okoth on fi.beincrypto.com

In brief
Peter Schiff says the Bitcoin bubble, not the AI bubble, is the one to fear.
He calls Trump the Bitcoin president and ties BTC’s fate to the GOP.
BTC’s post-election price rally reversed course within a day as AI stocks fell
Read the original story Peter Schiff Finds the Final Pin for the Bitcoin Bubble, Again by Phil Haunhorst on fi.beincrypto.com

In Brief
Gold and Bitcoin fell as U.S. payroll data beat forecasts by around 100,000.
The dollar index rose to 102.22 before settling near 102.14.
Traders priced in a 77% probability of a Fed rate hike in December following the data.
Read the original story, “U.S. Jobs Data Beat Expectations, Dragging Gold and Bitcoin Lower,” written by Lockridge Okoth on fi.beincrypto.com

In brief
SanDisk stock fell 22% in a single day, returning to its March 20 level.
Record returns failed to dispel data center fears after the election
Hedge funds have wiped out all their AI stock purchases since the start of 2025, Goldman data show
Read the original story SanDisk stock crashes 22%, wiping out gains made since March. Is a fund collapse next? by Jakub Dziadkowiec on fi.beincrypto.com