Over $1 billion in bullish bets liquidated while ETF flows suggest no help in spot market
Your day-ahead look for Nov. 6, 2026
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Your day-ahead look for Nov. 6, 2026
The Nasdaq gained just 1.1%, while the S&P 500 only edged higher, and the DJIA lost more ground.
Bitcoin bounced from around $75,200 after Thursday’s AI-led selloff, which drove more than $1 billion in liquidations, as traders await the U.S. jobs report.
Bitcoin recovered above $76,000 Friday after dropping below that level during Thursday's tech-driven market rout.
Investors will have 12 months to declare past crypto gains without late-filing penalties, though questions remain over crypto-to-crypto swaps.
The crypto venture may use fees from its USD1 stablecoin reserves to fund token purchases as it seeks to boost governance.
NU7 cuts the target time between blocks to 25 seconds, reduces the work wallets must do to find private payments and sets aside fees for future miners.
The company said it's trying to establish a U.S. "futures commission merchant" with full compliance for activity with U.S. clients, though the timing is uncertain.
Anyone trying to move vulnerable bitcoin would have to put up matching collateral, giving prepared owners a chance to take both.
The new DOJ task force will aid the recently designated U.S. "SI Force" by warding off bad actors backed by other nations, criminal groups or corporate fraud.
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
The hacking group has been behind some of the crypto industry's most recent high-profile thefts.