Prediction Markets Favor Another Drop as Year-End Bitcoin Price Forecasts Sour
Key Takeaways Polymarket traders assign a 52% probability to bitcoin’s price touching $70,000 before 2027, compared with 24% for $90,000. Kalshi’s two leading year-end price brackets carry a combined 35.1% implied probability. November contracts favor a test of $72,500 over…
White House Reviews SEC Crypto Rules After Democratic Midterm Victory
Key Takeaways The SEC’s proposal, identified as RIN 3235-AN48, is undergoing White House regulatory review, with no public release date established. Four existing securities rules governing broker-dealer capital, customer protection and recordkeeping are under consideration. Democrats assume control of Congress…
Nubank and Mercadopago Suspend Crypto Withdrawals in Latam
Key Takeaways Mercadopago and Nubank paused crypto transfers, citing issues with an external risk monitoring provider. The sudden disruption sparked unconfirmed social media rumors of a cyberattack on their custodian, Paxos. This fuels regional crypto anxiety, coming just days after…
Bitcoin Mining Difficulty Has Never Stayed Below Its Peak for This Long
Key Takeaways Bitcoin difficulty peaked at 155.97T on Oct. 29, 2025, and has not returned there for 374 days. The streak beats 2011-2012’s 364 days and the 253-day gap after China’s 2021 mining ban. Mempool.space projects a roughly 3.7% difficulty…
Indian Enforcement Raids CoinDCX Over Claims Its Trades Ran Through Binance
Key Takeaways ED officers searched three Bengaluru premises tied to CoinDCX and Delta Exchange India on Nov. 4 and 5. The ED alleges rupee deposits became USDT sent to Binance, Kucoin and Bybit through a Costa Rica firm. Delta Exchange…
Former FBI Agent Pleads Guilty to Stealing $2.47M in Crypto Across 35 Cases
Key Takeaways Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing $2.47 million in cryptocurrency through approximately 100 unauthorized transfers involving wallets tied to 35 FBI investigations. Yaroch laundered the stolen funds through cryptocurrency transactions, used proceeds to pay…
French Crypto Holder Gets 30 Months in Prison for Shooting at Attackers
Key Takeaways A French crypto holder was sentenced to 30 months in prison after firing a gun at his attempted kidnappers. The prosecutor ruled the shot was an act of revenge, not self-defense, since the attackers were fleeing. The event…
Binance Pulls Kevin O’Leary, Michael Lewis Into $1.76B FTX Clawback Lawsuit
Key Takeaways FTX seeks to reclaim a payment made while it was allegedly insolvent. The evidence requests also reached accounting firm BDO and a former Forbes staffer. A July ruling allowed the recovery case against Binance and CZ to proceed….
CFTC Tells Prediction Markets to Drop State Geoblocks Within 30 Days
Key Takeaways The CFTC gave exchanges 30 days to end state-by-state geographic restrictions or explain why they can’t. Exchanges must also make sure brokers and other intermediaries don’t impose their own geoblocks. A judge ordered Kalshi on Nov. 4 to…
Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks – Bitcoin News
Key Takeaways Terawulf’s Q3 2026 HPC lease revenue reached $63 million, driving total revenue to $76.2 million. Bitcoin miners like Terawulf and IREN are shifting to AI cloud services as mining revenues plunge. Terawulf will expand its Muskie campus to…
