Daily Crypto News

Bitcoin crashes below $70,000, reaching the $68,000 range as nearly $1.5 billion in leveraged cryptocurrency positions are reportedly liquidated. Ethereum falls below $2,000, Bitcoin ETFs continue seeing outflows, and the Crypto Fear & Greed Index drops to 20.Matt Diemer examines whether Bitcoin is finally entering a deeper bear market and what the latest sell-off could mean for investors.Meanwhile, reports about Nvidia CEO Jensen Huang's future raise questions about leadership, innovation, and whether Nvidia could face the same challenges Apple experienced after Steve Jobs. Matt also explores Anthropic's rumored $1.4 trillion IPO, Tesla and SpaceX valuations, and the national-security risks of relying on privately controlled technology infrastructure.Plus, Polymarket and Kalshi compete for prediction-market dominance, Washington prepares for new SEC and CFTC appointments, and reports of North Korean cryptocurrency thefts and AI-assisted cyberattacks highlight the industry's security challenges.Also in today's episode: Daily Crypto News announces its upcoming $5/month ad-free podcast and newsletter subscription. The regular ad-supported podcast will remain available.Subscribe and read more at https://dailycryptonews.netHappy Hodling!

Bitcoin continues struggling below $74,000 as U.S. spot Bitcoin ETFs reportedly record a fourth consecutive session of outflows, October inflation reaches a reported 4%, and Zcash plunges 16% in just 24 hours.Matt Diemer examines the pressure on cryptocurrency markets, the Federal Reserve's increasingly difficult decisions, and why an economy can appear healthy on paper while Americans feel financially and personally worse off.Meanwhile, Nvidia continues facing controversy surrounding CEO Jensen Huang and allegations involving Chinese intelligence. Matt revisits the debate over whether the U.S. government should restrict American companies from selling advanced AI chips overseas, including a response from Daily Crypto News listener Spencer.Plus, Anthropic reportedly prepares for a potential $1.4 trillion IPO, Tom Emmer moves into Republican House leadership, a federal judge rules against prediction-market company Novig, and cryptocurrency security incidents involving Initia and Across Protocol raise new concerns about centralized infrastructure.We also examine Zcash's dramatic sell-off, reported short positions, and what traders should watch as market sentiment moves closer to extreme fear.Read the newsletter and follow Daily Crypto News at https://dailycryptonews.netHappy Hodling!

Bitcoin slips below $74,000 as another $201 million reportedly leaves U.S. spot Bitcoin ETFs, Ethereum continues falling, and Bitcoin miner MARA sells approximately 13,597 BTC to repay hundreds of millions in debt.Matt Diemer examines the controversy surrounding Nvidia CEO Jensen Huang and allegations of a Chinese intelligence operation. But beyond the personal scandal lies a bigger question: Should the U.S. government control which countries American companies can sell their most advanced AI technology to?We also discuss reports of Anthropic preparing for a potential trillion-dollar IPO, Elizabeth Warren's growing influence over cryptocurrency regulation, and why having 241 supposedly pro-crypto members of Congress might mean very little when party leadership starts demanding votes.Plus, the Ethereum Foundation and Vitalik Buterin face reported litigation, Polygon considers reversing transactions to recover $70 million in stolen tokens, and Coinbase, Kalshi, and Kraken's parent company enter the fight over derivatives regulation.Finally, Matt examines whether cryptocurrency PACs will shift their political spending toward Democrats as Washington's balance of power changes.Get the latest Bitcoin prices, market analysis, cryptocurrency news, AI developments, and political commentary.Read the newsletter: https://dailycryptonews.netHappy Hodling!

Bitcoin struggles to hold $75,000 as more than $1 billion in leveraged cryptocurrency positions are reportedly liquidated over the weekend and Bitcoin ETFs suffer $1.28 billion in weekly outflows.Craig Cobb from The Grow Me Co joins Matt Diemer for his weekly technical analysis, examining Bitcoin's critical $74,000 support level, the breakdown in its weekly trend, and why the longer-term three-month chart could be signaling a potential market bottom.Meanwhile, Nvidia CEO Jensen Huang faces an independent investigation into allegations involving a suspected Chinese intelligence operation. Matt examines why the potential national security implications matter far more than the personal scandal, and what the controversy could mean for America's AI infrastructure and the broader economy.Plus, Polymarket faces questions about potentially informed election betting and a reported security breach, while the U.S. Treasury moves to cut MEXC Global off from the American financial system over $16 billion in alleged illicit transactions.We also discuss Wall Street's growing interest in perpetual futures, Tuesday's inflation report, Federal Reserve expectations, and the cryptocurrency market levels investors should watch.Craig Cobb: The Grow Me Co | X: @TraderCobbWatch Craig's charts and subscribe: DailyCryptoNews.netHappy Hodling!

Bitcoin Crashes, Democrats Take Congress, and the AI Bubble Faces a Reckoning | Daily Crypto News, November 6, 2026Bitcoin plunges toward $76,000 as cryptocurrency markets erase their post-election gains, technology stocks suffer a massive sell-off, and investors confront growing uncertainty surrounding artificial intelligence and Washington's next moves.In today's Daily Crypto News, Matt Diemer examines the economic implications of Democrats' historic election victory and whether the incoming Congress will prioritize affordability and economic stability or pursue policies that could disrupt cryptocurrency and AI investment.We cover the reported $500 million sale of AI data-center loans by ING, the sharp declines in AI infrastructure stocks, and the growing financial risks behind the enormous data-center construction boom.Plus, Elizabeth Warren is positioned to take control of the Senate Banking Committee, House Democrats are discussing cryptocurrency legislation that could expand SEC authority, and the CLARITY Act faces an uncertain future despite the election of hundreds of pro-crypto representatives.We also revisit Paraguay's banking crisis, examine reports of U.S. regulatory scrutiny following the Binance security incident, and discuss widespread banking outages in Japan.Finally, we break down the latest Bitcoin, Ethereum, and altcoin prices, ETF outflows, and the critical market levels to watch as fear returns to cryptocurrency markets.Happy Hodling!

Bitcoin briefly reclaims $80,000 following the U.S. elections as cryptocurrency markets rally and spot Bitcoin ETFs return to positive inflows.In today's Daily Crypto News, Matt Diemer covers Paraguay's growing banking crisis, where millions of customers are reportedly struggling to access their money, raising questions about financial stability and the growing demand for dollar-backed stablecoins.Plus, Trump Media transfers $342 million in Bitcoin, Zcash faces a controversial network upgrade that could leave $16 million in assets inaccessible, and new AI cybersecurity research highlights emerging threats to cryptocurrency infrastructure.We also cover Binance and SignalPlus security concerns, an XRP Ledger vulnerability fix, Riot Platforms' proposed $28 billion AI infrastructure agreement, Hong Kong's new crypto tax-reporting requirements, and the growing legal battle over Kalshi's prediction markets.Finally, we look at the latest Bitcoin, Ethereum, and altcoin prices, ETF flows, and what to watch as Bitcoin attempts to hold the $80,000 level.Happy Hodling!

Democrats have swept control of the U.S. House and Senate in a historic midterm election, and Matt Diemer examines what the results could mean for cryptocurrency, artificial intelligence, and financial markets. Bitcoin briefly fell toward $75,000 before recovering above $78,000, despite approximately $1.2 billion in Bitcoin ETF outflows over three sessions. Sherrod Brown returns to the Senate in Ohio, while James Talarico and Gina Hinojosa deliver major Democratic victories in Texas, raising new questions about cryptocurrency regulation, Bitcoin mining, and AI infrastructure.Matt also examines the uncertain future of the CLARITY Act, the cryptocurrency industry's substantial political spending, and whether campaign advertising eventually reaches a point of diminishing returns. Plus, the implications of recent cryptocurrency hacks for AI-powered cybersecurity. Matt closes with his reaction to the election results, the competing interpretations of the Democratic victory, and the challenge facing the party as it prepares to govern.Happy HODLing

It's Election Day in America, and Bitcoin is trading around $77,000 as investors wait to see who controls Congress. Matt examines historical stock market performance following midterm elections, why political gridlock could affect investor confidence, and more than $1 billion in Bitcoin ETF outflows over two trading sessions. Cathie Wood's ARK Invest is buying Coinbase, Circle, and Robinhood shares, while Consensys introduces new technology connecting institutional blockchain networks.The Binance investigation continues as North Korea denies responsibility for the $6.3 billion theft and the exchange reports that 95% of affected assets have been replenished. Another major security breach hits Brazil's Mercado Bitcoin, while Anthropic demonstrates how Claude can discover serious software vulnerabilities. Plus, cyberattacks disrupt supermarket refrigeration systems across Europe, NEAR moves to reduce token issuance, and Matt reviews the latest cryptocurrency prices and what to watch as election results arrive.Happy HODLing