Democrats to Push Broader Crypto Market Structure Bill After Sweeping US Midterms: Report
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Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty.
Bitcoin Rebounds After Democratic Midterm Sweep, But Crypto Faces Tougher Fight in Washington
Bitcoin bounced back after Democrats won control of Congress, but a stalled market structure bill and heavy industry campaign spending reveal crypto’s exposure to shifting US political power.
US midterms: Prediction markets favor Democrats in key crypto races
Kalshi and Polymarket price a 75% chance of a Democratic sweep, days after markets misjudged Brazil’s runoff.
Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow
Robinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of the $0.55 expected, as bets on sports and elections grew to $173 million and crypto edged up.