USDC circulating supply fell about $830 million in Circle’s November 5 transparency window. Circle issued about $12.66 billion of USDC over seven days and redeemed about $13.49 billion. Net, that leaves about $69.21 billion of USDC in circulation. Total reserves sit near $70.49 billion. That is the plain read. More USDC left the float than
Bitcoin’s largest corporate treasury accumulator, Strategy, announced its first major bitcoin sale over the last week. However, the market has taken it well. After reaching a cycle low of $57,803 on 1 July, following a period of extended downtrend, BTC has started July positively, and in line with the views we expressed in Bitfinex Alpha,
Strategy chairman Michael Saylor posted “Feeling ₿ullish” on X at 13:08 UTC on Thursday, November 5, with BTC USD at $79,541, and within three hours Bitcoin had fallen to $75,826 as a Wall Street chip-stock crash hit crypto. Few posts have aged faster. The picture shows Saylor in a dark suit, standing in front of
The Commodity Futures Trading Commission said regulated exchanges can’t cut off customers state-by-state, but firms like Kalshi are under court orders to do so. Source link
The U.S. Treasury’s Financial Crimes Enforcement Network issued a final order Friday that will cut offshore exchange MEXC Global off from the American banking system over alleged links to sanctions evasion by Iran, North Korea and Russia, the department said. FinCEN’s order, published as a PDF pending Federal Register placement, finds MEXC a “primary money
A FinCEN MEXC Global order issued on November 6, 2026, cuts the crypto exchange off from the US financial system. The Treasury Department cast the step as part of Operation Economic Outcast. US banks and other financial firms may no longer process funds that involve MEXC. Treasury says the platform helped move at least $16
Five trading days have passed since Federal Reserve Chairman Kevin Warsh’s hawkish Jackson Hole keynote. Since then, bitcoin has sat inside a three percent-band between $76,500 and $79,500, despite a further escalation in the Middle East conflict. This resilience is consistent with our view that BTC will continue to trade in a lower timeframe range.
Ripple XRP would have to climb 321% in the 55 days left in 2026 to touch $5, after a 9% drop on Friday, November 6, took it to $1.19. That is a tall order. $5 is 37% above XRP’s all-time high of $3.66 from July 2025, and it would value the circulating supply at about
Strategy, Coinbase, Circle and Robinhood are among six companies from the venture’s initial selection with no disclosed objection, after 90% of issuers opted out. Source link
Bitcoin Magazine Books opened a third-anniversary campaign Friday for Aaron van Wirdum’s The Genesis Book, offering a redesigned Collectors Edition limited to 333 hand-signed, individually numbered hardcovers in an exclusive Genesis Block slipcase. Each Collectors Edition hardcover is hand-signed and hand-numbered by van Wirdum, the former Bitcoin Magazine editor-in-chief whose book traces the people, projects
