Daily Market Highlights

Bitcoin (BTC) continued to weaken, trading at around $71,030 as of November 13. The U.S. Treasury plans to impose counterparty due diligence requirements on stablecoin issuers equivalent to those for banks. Kalshi terminates its advisory contract with Donald Trump Jr. after his venture capital firm increases its stake in Polymarket. Macro Events & Crypto Hot Topics The U.S. Treasury is advancing a plan to impose counterparty due diligence requirements on stablecoin issuers equivalent to those fo

NVIDIA founder Jensen Huang suddenly resigned as CEO, triggering sharp volatility in global financial markets. NVIDIA shares faced heavy selling at the open, but as investors bet that the leadership change would not upend the outlook for the entire AI industry, funds quickly shifted to other chip giants, helping the Nasdaq turn from losses to gains. On November 13, Bitcoin was at $70,928, falling below the $71k threshold. Jensen Huang’s resignation as NVIDIA CEO triggers heavy early selling in t

ADI PredictStreet, the FIFA World Cup’s official prediction market partner, removed references to using the WLFI-backed stablecoin USD1 from its website after the midterm elections, following multiple inquiries from Bloomberg, and replaced them with references to USDC. On-chain analysis commissioned by Bloomberg from TickerTracker found that PredictStreet actually uses USDC on its platform. Bloomberg-Commissioned On-Chain Analysis Finds No Transactions Showing PredictStreet Used USD1 According t

According to a Nov. 11 report by The New York Times, citing five people who had worked at NVIDIA, CEO Jensen Huang had an affair with a senior executive who reported to him, in addition to the previously scrutinized situation. The report identified the executive as Kimberly Powell, NVIDIA’s vice president of healthcare. The relationship had not been previously reported, and the sources requested anonymity. NVIDIA shares fell about 8% in after-hours trading. The New York Times cites five people f

Bitcoin (BTC) continued to weaken and fall, currently trading at around $73,860, as hawkish Fed officials called for at least two more rate hikes. The U.S. Treasury announced expanded sanctions against Cambodia’s Prince Group, adding 4 individuals and 41 companies. Texas lawmakers introduced HB 815, which would authorize cities and counties to invest up to $10 million in cryptocurrency. Macro Events & Crypto Hot Topics The U.S. Treasury further expanded sanctions against Cambodia’s Prince Group,

On Nov. 11, Bitcoin briefly fell below $73,000 before edging back up to $73,464; Ethereum neared the $2,000 mark. In CoinGlass’s overnight snapshot, total liquidations across the crypto market reached $705 million over the past 24 hours. The U.S. Consumer Price Index (CPI) rose 0.4% month over month in October, while core CPI increased 0.3%, indicating that inflation remained persistent. Bitcoin at $73,464, Ethereum at $2,015 The report said Bitcoin briefly fell below $73,000 in the early hours

Bitcoin (BTC) remains subdued, trading at around $75,135 on November 10. Huang Licheng closed his positions and emptied his Hyperliquid account, with cumulative losses of $37.46 million over a year and a half. Bitcoin miner MARA sold Bitcoin to repay $750 million in debt and approved $500 million in buybacks. Macro Events & Crypto Hot Topics On-chain analyst Ember monitored that after trading aggressively on Hyperliquid for a year and a half, Huang Licheng (Machi Big Brother) deposited funds aga

On November 10, Bitcoin remained subdued, last trading at $75,213. Negative news over the weekend added pressure, including NVIDIA CEO Jensen Huang admitting to an affair with a suspected Chinese spy and U.S.-Iran talks reaching an impasse. For Bitcoin, U.S. Spot Bitcoin ETFs saw total net outflows of $1.28 billion last week, including more than $1.2 billion in redemptions from BlackRock’s IBIT, while Fidelity’s FBTC bucked the trend with inflows of about $93 million. Bitcoin’s Correlation with

Bitcoin (BTC) rebounds slightly after a sharp drop, trading at around $74,810 as of November 9. South Korea’s ruling party has formally proposed delaying the cryptocurrency income tax, originally set to take effect in 2027, until 2029, arguing that priority should be given to establishing a Basic Digital Asset Act and resolving issues of fairness in cross-border taxation. Upbit encountered instability while resuming trading, pushing the restart time back to 07:00 Korea time. Macro Events & Crypt

Bitcoin fell to $73,532 on November 9 before rebounding to $75,436, weighed down by political uncertainty, weakness in tech stocks, and continued outflows from spot Bitcoin ETFs. After the results of the U.S. midterm elections were announced on November 3, Democrats flipped seven Senate seats, adding further uncertainty to the direction of cryptocurrency regulation. Bitcoin briefly touched around $76,500, with an intraday low of $73,532 Market reports said Bitcoin had held above $80,000 for most

On November 7 Beijing time, the Thunder and Grizzlies meet in the NBA Cup group stage. Both teams enter the game with a 6-2 record. The Thunder are on a two-game winning streak, with Shai Gilgeous-Alexander scoring 40+ points in each of his last two games; the Grizzlies, meanwhile, have lost two straight after opening the season with six consecutive wins. On the surface, this looks like an evenly matched game. But the event market’s pricing shows a deviation worth examining: Gate event market da

As of November 6, 2026, Gate market data showed BTC briefly dipping to around \$75,200, down approximately 5%–6% from levels above \$80,000 the previous week. Over the same period, Strategy (MSTR) shares fell 9.29%, closing at \$129.30—nearly twice BTC’s decline. It is not surprising in itself that an asset long viewed as a “BTC stock proxy” shows greater volatility than the underlying asset during a downturn. The real question is this: with Strategy’s holdings now at 849,327 BTC, why is the equ

On November 5, 2026, Eastern Time, Brent crude repeatedly tested the $94–$98 range after plunging nearly 9% overnight. It is down about 20% so far this week, putting it on track for its biggest weekly drop since April 2020. On the same day, South Korea’s KOSPI closed down 6.02% at 5,059.69, hitting an intraday low of 4,911.28 and triggering a circuit breaker. The S&P 500 closed down 4.36% at 7,353.73, about 6.3% below its 52-week high of 7,844.52. Bitcoin was trading at $75,466.2, down 6.24% in

Bitcoin (BTC) has given back its overnight gains, trading at around $76,050 as of Nov. 6, amid a correction in the Nasdaq Composite. Bloomberg reported that the White House is reviewing a proposed revision to the U.S. Securities and Exchange Commission’s (SEC) crypto broker rules. The Binance hack has prompted reflection in the crypto industry, which may consider adopting Wall Street risk controls such as trading delays. Macro Events & Crypto Hot Topics Bloomberg reported that the White House Of

After the market close on November 5, 2026, Cloudflare (NYSE: NET) reported its third-quarter earnings for the period ended September 30: revenue of $782.5M, up 39% year over year; non-GAAP diluted EPS of $0.38, above the $0.34 market consensus; and non-GAAP operating income of $137.1M, with a 17.5% margin, continuing to expand from 15.3% a year earlier. On a GAAP basis, the operating loss was $67.9M, or 8.7% of revenue, mainly due to $174.1M in stock-based compensation and $11.0M in restructuri

U.S. tech stocks and crypto assets weakened in tandem on November 5. Bitcoin and Ethereum again fell below key levels in the early hours of November 6: Bitcoin hit an intraday low below $76,000, while Ethereum dipped to around $2,200. CoinGlass data shows that approximately 198,931 traders were liquidated across the market over the past 24 hours, with total liquidations of about $1.033 billion, including roughly $923 million in long positions. 24-Hour Liquidation Breakdown: Long Positions Accoun

At 11:00 a.m. Beijing time on November 6, 2026, the Golden State Warriors and Miami Heat will face off at the Warriors’ home court, Chase Center, in an NBA regular-season game. This is a head-to-head matchup between the teams in this season’s regular season, taking place in San Francisco. As the Warriors’ home court, Chase Center’s pace of play and rotation patterns may affect both teams’ opening strategies; the Heat, meanwhile, must contend with the physical demands of playing on the road and o

On November 5, 2026, Beijing time, MercadoLibre (NASDAQ: MELI) delivered its third-quarter results. On revenue alone, there was little to criticize: net revenue and financial income reached $10.75 billion, up 45% year over year; total payment volume (TPV) climbed to $109 billion, up 53%; and gross merchandise volume (GMV) came to about $23 billion, up 38%. With e-commerce penetration in Latin America still rising, this growth trajectory is enough to support its position as a regional leader. But

The November 3, 2026 midterm elections ended with Democrats reclaiming majority control of both the House and Senate. For the crypto industry, the most immediate question is not “bullish or bearish,” but a more structural one: when control of Congress changes hands, who really holds the power to determine the direction of regulation? The consensus among multiple organizations and experts interviewed points in the same direction—short-term impact will be limited, SEC and CFTC administrative rulem

On November 4, 2026, Arm Holdings (NASDAQ: ARM) reported its second-quarter fiscal 2027 results. Total revenue was $1.44 billion, up 27% year over year and a record high for the same period; licensing and other revenue was $773 million, up 50%; and non-GAAP earnings per share were $0.52, up 33%. Taken on their own, these three figures make this an almost flawless earnings report that beat expectations.。 But the market’s response was less enthusiastic. According to Gate s