US producer prices rose 6.5% y/y in October, the highest since Nov 2022 (BLS via Breitbart, Rio Times). The monthly +0.3% was below the 0.4% forecast, but goods are up 10.2% y/y and food +1.3% m/m. Truck freight (+3.9%) drove most of the services rise. #Inflation#PPI#Fed
US 10-year yield hit ~5.12%, up ~26 bp this week, the sharpest weekly jump since April 2025. A Dec hike is priced; Saxo says ~88 bp of hikes by mid-2027. Dollar near an 18-month high, gold ~$3.9K, BTC dipped under its 200-week average. #Bonds#Fed#Bitcoin
DOJ says a court authorized it to seize or restrain $1.2B+ of the $6B+ stolen from Binance on Oct 29, which the FBI blames on North Korea's TraderTraitor. $2.7B+ is frozen. DOJ also seized FaceStealer cloud servers, tied to $400M+ in thefts. #Binance#Crypto#Hack
Bitcoin fell ~7% in 24h to $68.4K, the lowest since Aug 20; ether dropped below $2,000 for the first time since August. ~$1.47B was liquidated, ~89% longs (CoinGlass). Cited: Dec Fed hike bets, thin books, Nvidia's CEO exit. No single trigger confirmed. #Bitcoin#Ethereum#Crypto
Nvidia says Jensen Huang resigned as president, CEO and director, effective immediately. CFO Colette Kress is interim CEO; Harvey Jones is first board chair. No reason given; earnings still Nov 17. NVDA fell as much as 14% to $148.80, then recovered to ~$164. #Nvidia#NVDA#AI
Bitcoin is back below its 50-week average (~$75.2K): BTC ~$73.6K, about 2% under. Galaxy's Alex Thorn says his bullish technical case holds if it's reclaimed within a month. US spot BTC ETFs: five straight outflow days, ~$1.44B. #Bitcoin#BTC#ETF
WSJ reports Nvidia's board is preparing to remove CEO Jensen Huang; Reuters says it met late Wednesday. Nvidia has not confirmed. NVDA closed +2.9% at $173.73, then fell more than 8% after hours. Earnings are Nov 17. #Nvidia#NVDA#AI
MSCI confirmed it will delete Strategy (MSTR) from its USA index, and so from World and ACWI, after the Nov 30 close. Metaplanet and Upexi go too; SharpLink is on a watchlist. MSCI gave no flow estimate; Strategy says MSCI funds hold ~13M shares (~$1.6B). #Strategy#MSCI#Bitcoin
Stablecoin supply fell $6.7B in the week to Nov 7, the steepest weekly drop since Terra/UST in 2022 (DefiLlama), and is down ~$15B in 30 days. CryptoQuant: USDT's market cap shrank $6.6B in 60 days, over 2x the post-FTX drop in dollars. No depeg. #Stablecoins#Tether#Bitcoin
MSCI is due to publish today which non-operating companies leave its indexes (effective after the Nov 30 close). Flagged: Strategy, Metaplanet, Yellow Cake, Upexi. If Strategy goes, passive funds could sell ~$1.6-2.8B of MSTR shares (not its BTC). #MSCI#Strategy#Bitcoin
Bloomberg: 21 institutions, incl. Goldman, Citi, BofA and Deutsche, committed ~$270M to a joint stablecoin company. It covers five years of operating costs, not reserves.
A USD token comes first, targeted for H1 2027. USDT and USDC hold ~85% of supply.
#Stablecoins#GENIUSAct
Telegram's Pavel Durov says 700,000+ self-custodial wallets were created in 48 hours (718,080 in his screenshot). A wallet opens when a user receives GRAM.
Today he wrote "only GRAM rose 8%" in a dismal market and called it undervalued. GRAM: $1.12, +8% in 24h.
#Telegram#GRAM
NYSE's planned 24/7 tokenized stock venue will use Avalanche as the core ledger for clearing and settlement. NYSE keeps its matching engine.
It still needs regulatory approval (WSJ: Q4 target). AVAX rose ~7-10% Monday.
#Avalanche#AVAX#NYSE#Tokenization
MARA just sold 13,597 BTC, about 40% of its stack, for ~$1.1B (avg ~$81K) and used $750M to repay BTC-backed loans.
It says it will keep selling, while BTC trades near $73K, ~10% below that sale price.
#Bitcoin#MARA#BTC#Miners
US October CPI came in hot: headline +0.4% m/m vs +0.3% expected, core +0.3% vs +0.2%. No annual rate was published (no Oct 2025 data). The 2-year yield jumped 12 bp to 4.68%. Fed's Waller had flagged a half-point hike in December if core ran hot. #CPI#Fed#Inflation#Bitcoin
BitMine added 9,587 ETH last week and now holds 6,070,092 ETH, 4.97% of supply, about 40K ETH short of its 5% goal. Spot ETH ETFs lost $365M last week, a sixth straight weekly outflow. ETH is near $2,116. #Ethereum#ETH#BitMine
US October CPI is due at 8:30 AM ET today. Consensus: headline +0.3% m/m (Sept +0.6%), core +0.2% (Sept +0.3%). No annual rate this time: the 2025 shutdown left no October 2025 prices to compare. Traders price ~80% odds of a Fed hike on Dec 9. #CPI#Fed#Inflation#Bitcoin
@BitcoinMagazine The math checks out: 1,454 BTC x ~$74.5K = ~$108M. For scale, BitFuFu reported ~1,960 BTC at end-Sept 2025, so the stack is ~26% smaller than a year ago. The Oct update doesn't say why, only that holdings rose 66 BTC in the month.
@Cointelegraph Schiff is right about the divergence: on Monday the S&P 500 rose 2.35% and gold ~1.7% while BTC slipped under $75K, to ~$74.4K now. But "crash" is a call, not data. BTC's low was ~$73.5K, and ETF outflows were $1.28B last week. CPI today (8:30 ET) may matter more.
@cryptorover 80% is a price, not a decision: Kalshi still has hold at ~20%. Dec 9 is 29 days away. A softer CPI than the ~+0.2-0.3% m/m expected today could trim the odds, a hot print could push them higher.