NEWS DAILY · Daily News
2026.11.04 Wednesday
🧭 Crypto Market
1️⃣ BTC and the midterm elections: Around election day, BTC repeatedly tested the $76,000–$78,000 range and briefly fell below $77,000, hitting a one-month low. Several analysts pointed out that the $75.8k–$76k realized price for short-term holders provided support, prompting a rebound. $79k is key resistance overhead, while the longer-term outlook remains bullish.
2️⃣ The CFTC was sued after approving single-stock perpetual futures. The plaintiffs argue that these should fall under the SEC’s jurisdiction. What was supposed to be good news has hit another snag—the officials saw crypto as a juicy prize and immediately dropped the pretense, going straight to a turf war.
3️⃣ Binance is making progress on restoring withdrawals, with withdrawals for more assets becoming available (including ETH and SOL across multiple chains). Binance also released its investigation report on the recent hack. I think this was a very good move, serving as a warning to other institutions and exchanges.
4️⃣ The number of PEPE holders has surpassed 600,000. Including cross-chain addresses, the total number of holders has grown further, seen as a sign of long-term organic growth for meme coins (“the frog leaps again”). It remains a bright spot amid a sluggish market.
5️⃣ BitGo is offering Bitcoin staking to eligible custody clients through Stacks (the assets remain in custody). Brazil’s Mercado Bitcoin disclosed a security incident involving around $38 million, pledged to fully reimburse users, and suspended withdrawals. I wonder how the scam in Brazil happened—could it have been a private key leak?
📌 U.S. Stock Market
1⃣ The three major indexes posted mixed results on election day: the Dow fell nearly 200 points, while the Nasdaq rose 0.83%. Semiconductor stocks rebounded across the board (Nvidia +2.29%).
2⃣ Apple’s earnings missed expectations, making it the biggest decliner despite the broader market trend. AAPL came under pressure after hours, as expectations for AI consumer hardware took a hit.
3⃣ Semiconductor stocks rebounded across the board, with memory names MU/SNDK also recovering; AMD rebounded as well.
4⃣ Tesla, Google, and others diverged; CRCL came under pressure as BTC fluctuated around $77,000, while SPCX held up relatively well.
5⃣ Nvidia led heavyweight AI stocks higher (+2.29%). International oil prices fell, while tech stocks sold off and diverged late in the U.S. session. The midterm election count and the 11/5 White House talks on Russia and Ukraine are key events this week.
🌍 International Headlines
1⃣ Russian and Ukrainian representatives will meet at the White House on November 5, as Trump pushes for mediation.
2⃣ Trump said a small-scale attack on Iran had been launched—a major sign of escalation in U.S.-Iran tensions. How many times have they drafted this damn thing already?
3⃣ Vote counting is underway in the U.S. midterm elections, with the balance of power between the two parties under close scrutiny.
💻 IT · AI Technology
1⃣ Arm’s neural network technology was selected as a case study by the World Internet Conference, with AI graphics processing efficiency improving by up to 4x.
2⃣ AI applications from Google, OpenAI, and Amazon are expanding from workplace use into everyday life, further broadening the industry’s reach.
#Bitcoin #Ethereum #Solana #Crypto #AI
https://x.com/flyiiawei/status/2117787943154880639
Beginners are advised to watch more and trade less. If buying crypto, only buy $BTC
2026.11.04 Wednesday
🧭 Crypto Market
1️⃣ BTC and the midterm elections: Around election day, BTC repeatedly tested the $76,000–$78,000 range and briefly fell below $77,000, hitting a one-month low. Several analysts pointed out that the $75.8k–$76k realized price for short-term holders provided support, prompting a rebound. $79k is key resistance overhead, while the longer-term outlook remains bullish.
2️⃣ The CFTC was sued after approving single-stock perpetual futures. The plaintiffs argue that these should fall under the SEC’s jurisdiction. What was supposed to be good news has hit another snag—the officials saw crypto as a juicy prize and immediately dropped the pretense, going straight to a turf war.
3️⃣ Binance is making progress on restoring withdrawals, with withdrawals for more assets becoming available (including ETH and SOL across multiple chains). Binance also released its investigation report on the recent hack. I think this was a very good move, serving as a warning to other institutions and exchanges.
4️⃣ The number of PEPE holders has surpassed 600,000. Including cross-chain addresses, the total number of holders has grown further, seen as a sign of long-term organic growth for meme coins (“the frog leaps again”). It remains a bright spot amid a sluggish market.
5️⃣ BitGo is offering Bitcoin staking to eligible custody clients through Stacks (the assets remain in custody). Brazil’s Mercado Bitcoin disclosed a security incident involving around $38 million, pledged to fully reimburse users, and suspended withdrawals. I wonder how the scam in Brazil happened—could it have been a private key leak?
📌 U.S. Stock Market
1⃣ The three major indexes posted mixed results on election day: the Dow fell nearly 200 points, while the Nasdaq rose 0.83%. Semiconductor stocks rebounded across the board (Nvidia +2.29%).
2⃣ Apple’s earnings missed expectations, making it the biggest decliner despite the broader market trend. AAPL came under pressure after hours, as expectations for AI consumer hardware took a hit.
3⃣ Semiconductor stocks rebounded across the board, with memory names MU/SNDK also recovering; AMD rebounded as well.
4⃣ Tesla, Google, and others diverged; CRCL came under pressure as BTC fluctuated around $77,000, while SPCX held up relatively well.
5⃣ Nvidia led heavyweight AI stocks higher (+2.29%). International oil prices fell, while tech stocks sold off and diverged late in the U.S. session. The midterm election count and the 11/5 White House talks on Russia and Ukraine are key events this week.
🌍 International Headlines
1⃣ Russian and Ukrainian representatives will meet at the White House on November 5, as Trump pushes for mediation.
2⃣ Trump said a small-scale attack on Iran had been launched—a major sign of escalation in U.S.-Iran tensions. How many times have they drafted this damn thing already?
3⃣ Vote counting is underway in the U.S. midterm elections, with the balance of power between the two parties under close scrutiny.
💻 IT · AI Technology
1⃣ Arm’s neural network technology was selected as a case study by the World Internet Conference, with AI graphics processing efficiency improving by up to 4x.
2⃣ AI applications from Google, OpenAI, and Amazon are expanding from workplace use into everyday life, further broadening the industry’s reach.
#Bitcoin #Ethereum #Solana #Crypto #AI
https://x.com/flyiiawei/status/2117787943154880639
Beginners are advised to watch more and trade less. If buying crypto, only buy $BTC
