Cointime reports: Short-term Bitcoin holders transferred 28,690 BTC in profit to exchanges over the past 24 hours, analyst Darkfost said on November 5, as BTC broke above $80,000. Despite the profit-taking, Bitcoin closed the day above $80,000 and held above its 21-day and 50-day exponential moving averages, a positive short-term technical signal.
Cointime update: Federal Reserve official Hammack said reducing the FOMC’s annual policy meeting frequency from eight to six would be a modest change. The remark addresses a proposed adjustment to the central bank’s meeting calendar, which currently schedules eight rate-setting meetings per year.
Cointime reports: The Nasdaq Composite has fallen more than 10% from its record closing high set on October 6, moving into correction territory. The Nasdaq 100 dropped more than 4% in the same stretch. The decline marks a sharp pullback for the tech-heavy index from its early-October peak.
Cointime reports: Anthropic analyzed 207,000 Claude conversations to study how artificial intelligence is being used in scientific research. The review covers real user sessions on the Claude model and examines the role of AI in research workflows. The findings focus on research applications rather than commercial or general-purpose use.
Cointime reports: Democratic sweeps in Congress and state governor races have sent shares of so-called neocloud data center providers sharply lower, as investors and management teams reassess risks of higher costs and construction delays. Investors said the election marks a shift, with victories by data center-skeptical candidates raising the threshold for development in those areas. The volatility also hit chipmaker Nvidia and power equipment firm GE Vernova ahead of potential IPOs by Aggreko and SB Energy.
Cointime update: Democrats in the U.S. Congress plan to investigate JPMorgan Chase’s relationship with Jeffrey Epstein once they take control of the Senate. The probe would examine the bank’s ties to Epstein, the disgraced financier. No further details on timing or scope were provided.
Cointime reports: Meta Platforms dropped 3.3%, Amazon slipped 1.2% and Microsoft fell 2.1%. The declines mark a weaker trading stretch for the group, with Meta posting the steepest loss of the three.
Cointime reports: Tesla shares extended losses to 10%, while SpaceX, the space exploration company owned by Elon Musk, fell 7.5%. The declines mark a sharp selloff in Musk-linked assets.
Cointime update: Codelco reported a tailings leak at its Andina Division, the Chilean state copper miner said. The company disclosed the incident at the Andina operation without providing further details on the volume of material released or the cause. Andina is one of Codelco’s major copper divisions in Chile.
Cointime reports: The Polish zloty weakened 0.2% against the euro on Thursday as National Bank of Poland Governor Adam Glapinski delivered remarks. The move came during Glapinski’s speech, with the currency losing ground versus the common currency. No further details on the content of his remarks were provided.
Cointime update: Huobi HTX listed the FTNT/USDT perpetual contract on November 5, offering up to 20x leverage for both long and short positions. The exchange announced the listing in an official notice, with the contract supporting 1x to 20x leverage. FTNT is now available for trading on the platform’s derivatives market.
Cointime reports: Israeli parties that have declared support for former IDF Chief of Staff Gadi Eisenkot, leader of the Honesty Party, to form a government now hold 67 seats in the Knesset, above the chamber’s 60-seat majority threshold, Israeli media reported on the 5th. The tally gives Eisenkot a prospective coalition majority in the 120-seat parliament.
Cointime update: MUJI Japan’s MUJI App suffered a customer data breach, MUJI China said in a response, stating the incident is confined to MUJI Japan. MUJI China’s member data is stored on separate servers and is not transferred overseas in line with local regulations, the company said, adding that the breach will not affect the information or experience of MUJI members in China.
Cointime update: Petrobras will import 600 million liters of diesel in November, equivalent to about 125,000 barrels per day, after planned refinery maintenance reduced output and stronger demand changed its outlook, logistics and marketing director Angelica Laureano said. The state-run oil company had expected to need almost no imports in November following heavy purchases in October.
Cointime reports: BondBloxx Investment Management senior investment strategist Joanne Bianco said investors view the US midterm election results as supportive for bond and equity markets, since the outcome raises the bar for further fiscal spending and increases the likelihood of more checks on policy. A more fragmented policy environment should make it harder to expand the fiscal deficit further and could improve the fiscal outlook, she said, adding that focus will shift back to geopolitics and whether the US economy can stay resilient.
Cointime update: China’s National Radio and Television Administration (NRTA) on the 5th reaffirmed its position on the relationship between live-action and AI-generated micro-dramas, stating it will support live-action productions while regulating AI ones. A relevant official restated the policy in Beijing, describing the administration’s stance as clear and unambiguous. No further details on specific regulatory measures were given.
Cointime update: Russia has advised its citizens to avoid traveling to Iran, Interfax reported. The advisory gives no further details on the reason for the warning or any specific security concerns cited by Moscow. It was not immediately clear whether the guidance affects other countries in the region.
Cointime reports: The semiconductor ETF fell 4.28% in early US trading, leading declines among sector ETFs. The global tech index ETF and tech sector ETF dropped as much as 2.99%, while the internet index ETF lost 1.31%. Energy, financials, regional bank and banking ETFs rose as much as 1.65%. The S&P tech sector fell 2.58%, while telecom, financials and energy sectors gained over 1%.
Cointime reports: Asian markets closed lower on Nov. 5 as AI-regulation concerns hit Japanese and South Korean equities. The Nikkei 225 fell 1,110.73 points, or 1.79%, to 61,077.90, while South Korea’s KOSPI dropped 300.15 points, or 5.28%, to 5,383.65. The KOSDAQ lost 5.11%, with sidecar mechanisms triggered and program trading briefly halted; SK Hynix fell 9.45% and Samsung Electronics 7.56%.
Cointime update: Israel’s Arab-majority political alliance, the Joint List, said on March 5 that it will recommend to President Isaac Herzog that former IDF chief of staff and Yashar party leader Gadi Eisenkot be tasked with forming the next government. The announcement marks the alliance’s formal entry into coalition consultations with the president.