Crypto is recovering, with BTC at $80,194.20 (+2.3%), ETH at $2,416.44 (+3.9%), SOL up 3.1% and XRP up 2.4% over 24 hours. Spot bitcoin ETF flows turned positive on November 4 at +$74.6M after -$115.6M the day before.
BTC+1.8%$79,624
ETH+3.4%$2,391
SOL+2.8%$95.11
XRP+2.1%$1.30
BTC ETFsUS session+$75Mnet flow, Nov 4
News mood
Leaning bearish19% bullish · 50% bearish
What's happening
The dominant driver is the fallout from the $5.7 billion Binance hack, the largest to date, which initially pushed bitcoin back to $79,000 before Binance pledged to cover losses and said withdrawals would resume within 48 hours 12. Institutional selling added pressure, as BlackRock sold $405M of bitcoin amid IBIT redemptions 3. US midterm results favored Democrats, with BTC edging lower and S&P 500 futures down 0.6% as votes were counted 4. In politics, the crypto PAC Fairshake won 29 of 34 decided races 5.
More than $2 billion in Ethereum (ETH) and tokens left Binance hot wallets on Thursday for an address created hours earlier and funded through Tornado Cash, Etherscan data shows.
The investigator says funds withdrawn from multiple exchange accounts were being swapped into ETH and routed through instant exchanges, Monero and cross-chain bridges....
South Korea’s ruling Democratic Party lawmakers have agreed to recommend another postponement of the country’s cryptocurrency income tax, with a two-year delay until 2029 emerging as the preferred option.
XRP millionaire wallets hit their highest count of 2026 despite price weakness, while a whale built a $14 million Zcash long ahead of the NU7 hard fork and Polygon proposed a hard fork to recover 70.49 million POL 789.
Riot Platforms posted $181.4M in Q3 revenue and signed a $28B Corsicana lease, American Bitcoin Corp. reported a quarterly profit, and Block faces a $764 million DOJ settlement as its bitcoin profit halved 101112.
South Korea lawmakers are pushing for another crypto tax delay until 2029, Hong Kong passed OECD crypto tax reporting rules effective 2027, and Arkansas joined lawsuits against Kalshi over illegal gambling 131415.
The Binance hack involved $6.4 billion in stolen funds undergoing automated laundering, Coinbase disclosed that over 99% of customer crypto sits in cold storage, BitMart confirmed a hack linked to the Mercado Bitcoin attack, and Binance revoked SignalPlus API keys after a security warning 16171819.