Fercan

... will be using this a lot this year.

🗞️ Midterms, stablecoin earnings, and institutional moves dominate today’s crypto headlines. Bitcoin tops $80,000 as Tom Lee stays bullish and Michael Saylor sees bipartisan support. ↳ Yahoo Finance Circle’s earnings show stablecoins have arrived, though a broader crypto payoff may take longer. ↳ Barron's Democrats sweep Congress after crypto’s election spending fails to sway results. ↳ Yahoo Finance South Korea’s ruling party proposes deferring the crypto income tax. ↳ The Block Global asset manager Schroders launches an emerging-market bond fund on Solana. ↳ CoinDesk Morgan Stanley tokenizes U.S. equities. ↳ Yahoo Finance What story are you watching most closely?

Bitcoin crushes $80K as Trump coins crash on Dem midterms sweep (Blue chips, gainers, losers — Change | price | market cap) 🏆 LARGEST 🟢 ₿ Bitcoin (BTC) +2.1% | $80,227 | $1.6T | Trump Media shifts $342M BTC 🟢 ⟠ Ethereum (ETH) +3.5% | $2,415.85 | $295.2B | ETH outperforms BTC in recent bounce 🟢 BNB (BNB) +1.8% | $715.8 | $94.1B | Scaramucci joins BNB treasury board 🟢 XRP (XRP) +1.9% | $1.32 | $83.4B | XRP ledger bug fix boosts sentiment 🟢 ☀️ Solana (SOL) +2.7% | $96.42 | $56.9B | Institutional inflows return to SOL 🚀 GAINERS 🟢 Fluid (FLUID) +23.2% | $2.67 | $0.2B | 🟢 Tezos (XTZ) +21.6% | $0.31 | $0.3B | 🟢 Pearl (PEARL) +15.5% | $1.68 | $0.6B | PEARL rallies with altcoin surge 🟢 Backpack (BP) +14.3% | $1.04 | $0.3B | 🟢 Pieverse (PIEVERSE) +13.9% | $1.31 | $0.4B | 🩸 LOSERS 🔴 Official Trump (TRUMP) -15.0% | $1.26 | $0.4B | TRUMP falls 17% after Dem Congress win 🔴 Venice Token (VVV) -10.8% | $21.44 | $1.0B | 🔴 World Liberty Financial (WLFI) -8.6% | $0.05 | $1.5B | WLFI drops 7% post-midterms 🔴 LayerZero (ZRO) -8.1% | $1.74 | $0.7B | 🔴 Bitway (BTW) -7.1% | $1.02 | $1.5B | Which coin are you watching closest right now?

CZ: hacks hit crypto first, but banks are even more exposed 1️⃣ CZ warns that exchange hacks expose a broader banking security crisis, not just a crypto problem. ↳ @AltcoinDaily 2️⃣ Moscow Exchange will begin trading Bitcoin on December 1, opening Russia’s largest stock exchange to crypto. ↳ @BitcoinMagazine 3️⃣ Arbitrum’s Security Council seized $119M in stolen funds post-Binance hack, showing L2 admins can override private keys. ↳ @Shift_DeFi 4️⃣ Democrats’ midterm wins were already priced in; Bitcoin bulls now eye new highs after “sell the rumor, buy the news.” ↳ @CryptoMichNL 5️⃣ Wrapped BTC’s TRON integration hit 5,000 active builders this month, boosting on-chain Bitcoin liquidity. ↳ @lucidforge88 Which headline surprised you most?

US stocks rally: Dow +3.03%, S&P +1.58%, Nasdaq +1.44%. Microsoft +6.68%, Amazon +6.12%, Apple +5.31%. Bitcoin +3.6% to $80,582, Ethereum +6.16%. 17/22 developed markets up. Full brief with charts ↓

US: Dow -0.38%, S&P +0.36%, Nasdaq +0.83%. Oracle +5.85%, Coinbase +5.53%, AMD +3.65%. BTC +1.16% to $77,683. Developed: 5/22 up. Emerging: 7/18 up. Full brief with charts ↓

We cover this: missed local market moves, translated. Seoul and Taipei breakdown in today's posts ↑ nitter.cf/FercanY/status/2118050…

The midterm trade most people missed was in Asia, not the US. A Democratic Congress = risk for AI data centers, tailwind for batteries. Korea re-rated both in hours. US futures barely moved. Who's next: Japanese utilities, Taiwanese power gear or Korean shipbuilders?

📰 Democrats sweep Congress, crypto markets hold steady while institutions advance tokenization and fund launches. North Korean hackers may need months to launder stolen Binance funds. ↳ FT Circle Internet prepares to release earnings on Wednesday. ↳ Barron's Morgan Stanley tokenizes U.S. equities. ↳ Yahoo Finance Schroders brings an emerging-market bond fund to Solana. ↳ CoinDesk South Korea’s ruling party proposes deferring crypto income tax. ↳ The Block What does the Democratic sweep mean for crypto regulation? ↳ CoinDesk

📢 North Korean laundering fallout, Circle earnings, and institutional moves dominate today’s crypto coverage. North Korean hackers may need months to launder stolen Binance funds. ↳ FT Circle Internet is scheduled to release earnings on Wednesday. ↳ Barron's ZachXBT publicly identified the victim of a $133 million crypto theft. ↳ Yahoo Finance Moscow Exchange outlined clearing rules for Bitcoin, Ether and USDT trades. ↳ Yahoo Finance Cathie Wood’s ARK bought Coinbase, Circle and Robinhood shares. ↳ Yahoo Finance Bitcoin slipped as Democratic election gains threaten pro-crypto policies. ↳ Bloomberg Morgan Stanley claims it is among the first banks to tokenize real-world assets. ↳ CoinDesk What caught your eye in today’s headlines?

Crypto braces after Democratic sweep rattles markets (Blue chips, gainers, losers — Change | price | market cap) 🏆 LARGEST 🟢 ₿ Bitcoin (BTC) +2.0% | $78,577 | $1.6T | whipsaws after Democratic sweep 🟢 ⟠ Ethereum (ETH) +2.9% | $2,331.66 | $284.9B 🟢 BNB (BNB) +0.8% | $702.89 | $92.4B 🟢 XRP (XRP) +2.7% | $1.29 | $81.8B | new wallets hit sixth-highest day 🟢 ☀️ Solana (SOL) +1.5% | $93.83 | $55.4B | breaks below $90 🚀 GAINERS 🟢 Fluid (FLUID) +15.3% | $2.17 | $0.2B 🟢 Kinetiq (KNTQ) +14.8% | $0.51 | $0.2B | Banana Gun commits revenue to buybacks 🟢 Bitway (BTW) +14.8% | $1.09 | $1.6B 🟢 Lighter (LIT) +12.6% | $3.52 | $0.9B | CFTC filing planned 🟢 Venice Token (VVV) +12.4% | $24.06 | $1.2B | AI crypto momentum 🩸 LOSERS 🔴 Official Trump (TRUMP) -6.6% | $1.49 | $0.4B | Trump crypto empire faces heat 🔴 Provenance Blockchain (HASH) -4.4% | $0.0062 | $0.4B 🔴 Mantle (MNT) -2.1% | $0.46 | $1.5B 🔴 SpaceX (bStocks Tokenized Stock) (SPCXB) -2.0% | $134.67 | $0.2B 🔴 Unibase (UB) -1.7% | $0.11 | $0.3B Which coin are you watching closest right now?

Local Markets, Translated — Wed 4 Nov with Mira Vale 🌍 🇯🇵 Nikkei −893 pts · 🇰🇷 KOSPI +3%→−3% swing · 🇨🇳 PBoC curbs yuan gains · 🇹🇷 ex-Borsa chief held · 🇧🇷 dollar R$5.49 · 🇩🇪 Nagel eyes Dec hike · 🇮🇩 MSCI downgrade risk

Midterms & money printers 1️⃣ The election won’t change a thing—Washington will keep printing regardless of who wins. ↳ @APompliano 2️⃣ Tom Lee’s Bitmine scooped another 5K ETH ($11M), now sitting on 6M ETH worth $13.7B. ↳ @lookonchain 3️⃣ ETH retraced right on cue, bouncing from the same 2025 support—fractal bullish setup intact. ↳ @CryptoCapo_ 4️⃣ Short-term holders breathe easier once midterms wrap; Bitcoin’s path looks cleaner. ↳ @ki_young_ju 5️⃣ Arbitrum’s security council just seized $20M+ in stolen funds—your keys aren’t the only keys. ↳ @Elikrypt How close were the prediction markets to the final count?

Election results rattle crypto as Dems surge toward majorities (Blue chips, gainers, losers — Change | price | market cap) 🏆 LARGEST 🟢 ₿ Bitcoin (BTC) +1.7% | $77,997 | $1.6T | Bitcoin knocks on $78,000 in V-shaped comeback 🟢 ⟠ Ethereum (ETH) +2.0% | $2,300.44 | $281.1B 🟢 BNB (BNB) +1.2% | $702.30 | $92.4B 🟢 XRP (XRP) +1.6% | $1.27 | $80.6B | XRP and Zcash defy recent weakness 🟢 ☀️ Solana (SOL) +1.0% | $92.88 | $54.8B 🚀 GAINERS 🟢 Fluid (FLUID) +17.4% | $2.16 | $0.2B 🟢 Bitway (BTW) +13.3% | $1.04 | $1.6B 🟢 Venice Token (VVV) +12.9% | $23.86 | $1.2B 🟢 Zcash (ZEC) +12.6% | $1,279 | $21.8B | Zcash getting major upgrade in November 🟢 Kinetiq (KNTQ) +11.8% | $0.49 | $0.2B | Banana Gun commits 40% of revenue to KNTQ buybacks 🩸 LOSERS 🔴 Beam (BEAM) -6.4% | $0.0039 | $0.2B 🔴 Provenance Blockchain (HASH) -5.3% | $0.0062 | $0.4B 🔴 Official Trump (TRUMP) -4.5% | $1.51 | $0.4B 🔴 World Liberty Financial (WLFI) -3.1% | $0.049 | $1.6B 🔴 Unibase (UB) -3.1% | $0.10 | $0.3B Which coin are you watching most after the midterms?

🌍 Local markets, translated · Wed 4 Nov • 🇨🇳 CSI 300 −1.5%, CNY rebounds after PBOC FX tightening • 🇯🇵 Nikkei −893 pts on Dem sweep, semis lead selloff • 🇰🇷 KOSPI −3% swing on US election AI-spending scare • 🇹🇷 BIST 100 gap-down open on governance shock

Research digest 🧵 · Wed 4 Nov 🛢 Citi: Brent $150 if Hormuz disruption persists 📈 MS: S&P 500 8,000 by year-end 🌍 MS: Coinbase to UW, PT $120 (cut 53%) 🔻 MS: Fervo Energy 150% upside vs short report 🏢 Keybanc: HWM PT $237 (new) 🏢 DB: CRWD PT raised to $300 — 🛢 OIL — Citi: Citi raised its 2026 Brent forecast and now sees $150 oil if the Strait of Hormuz remains disrupted. The bank also cut its base-case Brent forecasts after a U.S.-Iran MoU signaled possible normalization of flows. 📈 MARKET — Morgan Stanley: Morgan Stanley’s 2026 S&P 500 forecast sees the index reaching 8,000 after Election Day. The call is based on breadth rebounding even as AI stocks sell off. 🌍 COIN — Morgan Stanley: Morgan Stanley downgraded Coinbase to Underweight from Equalweight and slashed the price target to $120, a 53% cut. The firm cited deteriorating confidence in the earnings recovery. 🔻 SHORT — Morgan Stanley: Fervo Energy shares fell 36% in a month after a short report; Morgan Stanley sees 150% upside from current levels. 🏢 HWM — Keybanc: Keybanc upgraded Howmet Aerospace and set a $237 price target. 🏢 CRWD — Deutsche Bank: Deutsche Bank upgraded CrowdStrike and lifted the price target to $300. Bank & firm research, summarised. Not investment advice.