Bitcoin Slips Near $77.5K Amid Midterm Vote and Hack
Summary: Bitcoin trades near $77,500 as U.S. midterms begin, pressured by a $6.3B Binance hack, ETF outflows, and Fed rate concerns.
CoinQi ·
Research
Bitcoin Traders Face Losses as $77.7K Support Flips to Resistance
Summary: Bitcoin trades below the $77,700 cost basis of recent buyers, risking resistance as short-term holder metrics approach breakeven levels.
CoinQi ·
North Korea Denies Binance Hack, Calls FBI Accusations Provocation
Summary: Pyongyang rejects FBI attribution of the $6B Binance theft, citing U.S. crypto reserve plans, while Binance reports stabilizing deposit flows.
CoinQi ·
Australia Raises Rates to 18-Year High as AI Boom and Energy Costs Fuel Inflation
Summary: Australia's central bank raised rates to 4.85%, an 18-year high, citing AI-driven tech price surges and energy costs as key factors keeping inflation elevated through 2027.
CoinQi ·
Investigator Flags Suspected $106M EU Exchange Theft and $786K Solana Bot Loss
Summary: ZachXBT flags a suspected $106M EU exchange theft laundered via Monero, while Onchain Lens reports a potential $786K loss from a Solana arbitrage bot.
CoinQi ·
Swan Founder: AI Poses Greater Threat to Bitcoin Security Than Quantum Computing
Summary: Swan Bitcoin founder Cory Klippsten warns that AI-powered hacking is a more urgent threat to crypto security than quantum computing, citing recent massive exchange breaches.
CoinQi ·
Margin Debt Growth Slows Sharply as BofA Warns of Market Peak Risks
Summary: Margin debt growth slowed to 31.4% in September from 53.7% in May, signaling potential market peaks as BofA warns of bubble risks in defensive sectors.
CoinQi ·
Gundlach Says Fed Is Behind Curve, Urges Hikes Amid Rising Inflation
Summary: Jeff Gundlach argues the Fed is behind the curve, urging immediate rate hikes due to rising CPI and commodity costs despite holding rates steady in October.
CoinQi ·
S&P 500 Historically Gains After Midterms, Though Macro Factors Remain Key
Summary: S&P 500 averages 13.7% gains one year after midterms, favoring divided government, though Fed policy and AI trends currently outweigh electoral history.
CoinQi ·
Texas Gubernatorial Race Tightens as Data Center Backlash Boosts Democrat's Odds
Summary: Texas Gov. Greg Abbott leads Democratic challenger Gina Hinojosa 60-40 on Kalshi, but her odds jumped from 8% in July amid voter backlash over AI data centers.
CoinQi ·
Claude Exploits Critical Linux Bug; Ubuntu Versions Remain Unpatched
Summary: Anthropic's Claude created an exploit for a 9.8-severity Linux bug; while Red Hat patched it, Ubuntu still lists versions 16.04–26.10 as vulnerable.
CoinQi ·
Morgan Stanley Cuts Coinbase Price Target by 53% to $120 Amid Slower Profit Recovery
Summary: Morgan Stanley cut Coinbase's price target by 53% to $120, citing slower profit recovery and market uncertainty following the Binance hack.
CoinQi ·
Mercado Bitcoin Confirms $46M Hack as Funds Move After Withdrawal Suspension
Summary: Mercado Bitcoin confirmed a $46M hack where funds kept moving after withdrawals were suspended, with $6.2M frozen by Tether and Circle amid ongoing investigations.
CoinQi ·
Bitcoin Falls Below $77K as Oil Slide Fails to Spark Crypto Rally
Summary: Bitcoin dropped below $77,000 as oil prices fell 7% on US-Iran diplomatic hopes, defying expectations of a crypto rally amid reduced geopolitical tension.
CoinQi ·
North Korea Laundering $6.43 Billion Binance Hack Loot at One Wallet Every 25 Seconds
Summary: North Korean hackers are laundering $6.43 billion stolen from Binance using 12,000 wallets, though Tether and Circle froze 44% of the funds.
CoinQi ·
Mercado Bitcoin Halts Withdrawals After Security Incident Linked to $40M Transfers
Summary: Mercado Bitcoin halted withdrawals after a security incident; Hypernative flagged over $40M in suspicious transfers, while Tether froze 4.5M USDT tied to the breach.
CoinQi ·
Bitwise Researcher Cites $197K Bitcoin Fair Value Based on Global Liquidity Model
Summary: Bitwise researcher André Dragosch argues Bitcoin is a 'liquidity canary,' using a global money supply model to estimate its fair value at $197,000 amid shifting Fed policies and recession risks.
CoinQi ·
BTCPay Orders Server Shutdowns After Attackers Drain Hot Wallets on Older Versions
Summary: BTCPay Server ordered merchants to shut down instances after attackers drained hot wallets on versions 2.4.1 or older, though no losses were reported for the latest 2.4.7 release.
CoinQi ·
Trezor Extends Passphrase Limit to 128 Characters After Coldcard Exploits
Summary: Trezor raises max passphrase length to 128 chars following Coldcard exploits, while separately advising users to migrate funds due to suspected hardware implants in devices sold by former reseller CryptoBilis.
CoinQi ·
OKX Draws $445M Inflows As Binance Faces $7B Outflows Post-Hack
Summary: OKX saw $445M in net inflows as Binance faced over $7B in outflows following the reopening of withdrawals after a $6.3B hack.
CoinQi ·