⚡ DAILY RECAP — NOVEMBER 10, 2026
The crypto market is ending the day under pressure from macroeconomic factors, fund outflows, and debates over trading rules. Meanwhile, banks and payment companies continue to test blockchain infrastructure. The key news from 00:00 to 21:00 Minsk time.
BITCOIN, ETH AND U.S. INFLATION
On the morning of November 10, Bitcoin was trading around $74,000–75,000 after falling to $73,708 the previous day. Ethereum was also under pressure. These are levels recorded by sources at the relevant time, not quotes at the time of reading. U.S. inflation data published later came in above expectations: consumer prices rose 0.4% in October month over month, versus a forecast of 0.3%. U.S. bond yields rose, while stock indexes fell. For the crypto market, this adds to uncertainty about the Fed's future rate decisions, but does not prove that there was a single cause of the price movements.
Source: Reuters, November 9–10, 2026.
BITCOIN ETF OUTFLOWS
According to Bloomingbit on November 10, U.S. spot BTC ETFs saw net outflows of around $201 million during the November 9 trading session. This extends a period of caution among institutional investors, but does not mean that all Bitcoin holders are selling their coins. The figure refers specifically to the previous trading session.
Source: Bloomingbit, November 10, 2026.
COMPANIES CHANGE THEIR RESERVE STRATEGIES
Miner MARA reported selling 13,597 BTC for approximately $1.1 billion over six weeks. The company used $750 million of the proceeds to repay loans backed by Bitcoin. MARA is also considering further BTC sales to fund artificial intelligence infrastructure and other corporate needs. This marks a notable shift away from accumulating all of its mined coins unconditionally.
Strategy, by contrast, reported buying another 1,036 BTC for $81.9 million, bringing its reserve to 850,364 BTC. Two major market participants are demonstrating opposing approaches to managing Bitcoin assets.
Sources: CoinDesk, corporate announcements by MARA and Strategy, November 9–10, 2026.
BANKS AND STABLECOINS
PNC and Coinbase announced a limited pilot allowing the bank's corporate and institutional clients to accept USDC and subsequently convert it into dollars. This is not yet a mass launch for all customers. According to industry publications on November 10, Visa has included Monad in its stablecoin settlement program for participating partners. Specific terms and availability depend on integration, not on a single announcement.
Sources: Reuters, November 9; Cryptonomist and Altcoin Buzz, November 10, 2026.
STOCK TOKENIZATION AND NEW PLATFORMS
Robinhood has no objection to the potential tokenization of its shares in a project by OKX and Intercontinental Exchange, while most issuers initially notified opposed it. This does not mean trading has already launched. At the same time, a Plume subsidiary obtained broker-dealer registration and FINRA approval to work with regulated securities rights on blockchain infrastructure. Market participants continue to seek lawful ways to move traditional assets on-chain.
Sources: CoinDesk, November 9–10, 2026.
REGULATION OF PERPETUAL FUTURES
Coinbase, Kalshi, and other crypto industry participants backed the CFTC in a legal dispute over the regulator's authority over perpetual futures on certain stocks. Opponents are challenging the agency's approach. The legal proceedings are ongoing: supporting one side is not the same as a final court ruling. It is important to distinguish these derivatives from ownership of actual shares.
Sources: Reuters, November 9; CoinDesk, November 10, 2026.
EXCHANGES AND PROTOCOLS
South Korean exchanges Upbit and Bithumb announced the listing of Hyperliquid's HYPE token on November 10. The exchanges specified their own trading pairs, start times, and restrictions; when transferring tokens, choosing a supported network is especially important. XRP Ledger developers presented a proposal to protect wallets against future quantum threats, but a proposal does not mean that an upgrade has been implemented.
Sources: BeInCrypto, Upbit, Bithumb, and industry reports, November 10, 2026.
SUMMARY
November 10 highlighted a contrast: in the short term, the market responds to macroeconomic risks and fund outflows, while long-term infrastructure projects by banks, payment networks, and blockchain companies continue to develop. It is important to distinguish plans, pilots, regulatory decisions, and actual launches.