Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack
Key Takeaways Bitmine reached 99% of its ether accumulation goal, purchasing another 8,573 ETH to bring its holdings to 6.06 million tokens, worth approximately $13.7 billion. Chairman Tom Lee downplayed the market impact of the Binance hack, arguing that ether’s…
Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack
Key Takeaways Bitcoin held above its 50-week average for a 7th week despite the $6.3B Binance hack. Glassnode says BTC could fall to $75.8K and still preserve its broader technical setup. The resilience suggests much of bitcoin’s speculative excess may…
Bitcoin ETFs Lose $203M as Friday Rout Wipes out Weekly Gains
Key Takeaways Bitcoin ETFs lost $202.59M last week after Friday erased four straight inflow sessions. Ether shed $431.53M, and solana posted a record $71.47M weekly outflow. Zcash stayed resilient, showing institutional crypto demand is narrowing rather than disappearing. Bitcoin’s Friday…
Hyeperliquid’s Top Two Traders Are Betting $1B on Crypto Falling
Key Takeaways Hyperliquid’s top trader 0x5b5d holds $617.5M in shorts across 22 markets, led by $224M in ETH. A second whale, 0xb83d, is short $439M, bringing the pair’s combined bearish exposure to about $1.06B. The 0x5b5d account is up $99.1M…
Binance Hacker Moves All $293M in Stolen XRP as $242M Slips out Through Tron
Key Takeaways The Binance hacker split 233.46M XRP across six fresh wallets between 03:52 and 04:00 UTC on Nov. 2. Trackers say about $242M already moved through Tron routes after Tether froze 378.7M USDT. Over $3B in stolen assets remains…
He Paid 75 Cents for a Record at a Street Sale. It Was a One-of-a-Kind Velvet Underground Acetate
Key Takeaways A 75-cent sidewalk impulse buy turned into a one-of-a-kind piece of music history. Provenance and scarcity, not the music itself, drive what collectors will pay. Public bidding exposed a huge gap between a bid and a closed deal….
This Week in Crypto Law (November 1, 2026)
The opinion editorial below was written by Michael Handelsman for Kelman.Law. This week brought significant developments concerning prediction markets, offshore exchanges, digital-asset taxation and international crypto fraud. The United Kingdom advanced two tax reforms intended to treat certain digital-asset transactions…
Blackrock, JPMorgan and Visa Bolster Grayscale’s Crypto Growth Case
Key Takeaways Blackrock and JPMorgan are expanding access to tokenized investment funds. Visa’s annualized stablecoin settlement volume surpassed $25 billion. Grayscale estimates 80%-85% of global crypto activity occurs overseas. Blackrock and JPMorgan Expand Tokenized Fund Access Blackrock, JPMorgan, and Visa…
Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
Key Takeaways Bitcoin miners face mounting pressure as market conditions deteriorate. October’s mining figures reveal an unexpected financial contradiction. November could expose deeper vulnerabilities across the mining industry. Bitcoin Mining Hashprice Slides 17.54% as Profit Margins Tighten Bitcoin hashprice is…
CZ Praises US Authorities for Halting $6B Binance Hack Fallout
Key Takeaways CZ praised U.S. agencies like the FBI for tracking and freezing funds after Binance’s $6B security breach. This swift law enforcement response prevented a deeper bitcoin market crash despite $1.5B in liquidations. Wall Street analysts dismissed long-term impacts,…
