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Concerns that regulation of the AI industry could tighten after the U.S. midterm elections are affecting the crypto market as well as tech stocks, according to an analysis by Santiment. Santiment said Bitcoin has shown a high correlation with tech stocks and remains sensitive to shifts in risk appetite. Investors are concerned that a Democratic victory in both chambers of Congress could slow AI industry expansion through tighter data center permitting, construction rules and changes to tax incentives. Santiment added selling pressure could ease if data center restrictions do not translate into actual policy, while downside pressure on AI infrastructure-related stocks and the crypto market could persist if the regulations are implemented.

The U.S. SEC has submitted proposed amendments to rules on the financial responsibility, recordkeeping and reporting requirements for crypto brokers to the White House for review, Bloomberg reported. Separately, the U.S. CFTC also submitted a proposal to the White House Office of Management and Budget this week to strengthen consumer protection measures for prediction markets.

Zcash said, citing a notice from the Zcash Foundation, that the NU7 mainnet upgrade is scheduled to activate at block height 3,543,405 on Nov. 6. The foundation advised node operators to run Zebra version 7.0.0.

Hollywood studios and production companies are drawing up guidelines that bar employees from using insider information to place bets on prediction markets, according to Decrypt. The restrictions cover wagers based on nonpublic information about studio performance, casting, release dates and revenue. Some companies also run anonymous hotlines for reporting suspected betting by co-workers.

Whale Alert reported that 271,930,802 USDC has been transferred from Coinbase Institutional to Coinbase. The transaction is valued at about $272 million.

U.S. Bitcoin miner Core Scientific (CORZ), which emerged from bankruptcy protection in early 2024, announced plans to fully suspend its Bitcoin mining business by the fourth quarter. Starting in 2027, the company is expected to operate solely as a high-performance computing colocation provider, according to Solid Intel.

Strategy could buy more than 190,000 additional BTC by the third quarter of next year, bringing its total holdings to 1.04 million BTC, BitcoinTreasuries reported, citing U.S. investment bank Siebert. As of early November, Strategy held about 849,000 BTC. Siebert also maintained a Buy rating on Strategy and set a $350 price target. According to BitcoinTreasuries, Siebert’s $350 target for MSTR is based on two assumptions: a Bitcoin price of $175,000 by the third quarter of next year and a market net asset value multiple of 1.1x.

Greece’s parliament has passed a bill imposing a 10% tax on cryptocurrency income, Crypto Briefing reported. The first €500 ($545) of annual net profit after loss calculations will be exempt, according to the report. Greece’s government had previously proposed a 15% rate but lowered it to 10% after a public comment process.

A Binance hacker is moving stolen funds through a Chinese money-laundering network, Bloomberg reported.

Ondo Finance said NEAR Intents now supports all seven Ondo Intelligent Portfolios. Supported features include confidential execution, integration through the 1Click API, and cross-chain access across more than 35 chains.

The Nasdaq’s intraday decline widened to 4.83% in U.S. stock trading. The S&P 500 was down 3.64%, while the Dow Jones was off 2.84%.

Democratic wins in both chambers of Congress may delay passage of the Clarity Act and bring tougher scrutiny on the industry, but the impact on cryptocurrency trading is likely to be limited, Bitget Wallet analyst Lacie Zhang said, according to Crypto Briefing. Zhang said there would be no immediate effect on existing regulations because federal agencies still fall under the Trump administration. Zhang added the election result would likely have only limited short-term impact on retail crypto investors and would more likely affect the pace of legislation. Zhang also said the Clarity Act is unlikely to pass in its current form during the remainder of the current congressional session or after Democrats take the majority in January, adding that further compromises on investor protection and ethics provisions would be needed for the bill to advance.

Blockchain.com has launched a 24/7 API trading service for institutional clients, according to Crypto Briefing. Institutional customers can use a single interface to access automated around-the-clock trading in cryptocurrencies and stablecoins.

Jito said JTX has begun trading tokenized U.S. and overseas stocks from Backpack and Ondo. The platform offers an issuer-direct request-for-quote, or RFQ, model, real-time pricing, and aggregated stock data features.

Citi Wealth has introduced spot Bitcoin ETFs to clients as a way to invest in Bitcoin through brokerage accounts alongside stocks and bonds, Bitcoin News reported.

Leap, a startup from Solana Labs, has launched early access for a mobile trading app, according to layer-one blockchain Solana. The app was introduced as covering a range of assets from tokenized stocks to memecoins, while providing background information beyond chart data and profit-and-loss, or P&L, information that reflects all positions.

Lending protocol Alchemix said it has temporarily suspended deposits into the Transmuter on Base as it adjusts contracts for Base’s 10-fold reduction in block time on Nov. 6, and plans to resume them after the Denim network upgrade is completed. Because the Transmuter period in Alchemix v3 is measured in blocks, conversions of existing positions and repayments for vault positions will proceed 10 times faster. For vault users, faster deleveraging means less time to secure leveraged yield before it exceeds the initial borrowing cost. Alchemix said it is building a large vault position with a 65% loan-to-value ratio to absorb the increased repayments, eliminating repayment fees for borrowers, and depositing treasury funds into Base USDC MYT. Vault users can raise leverage again now, with the cost covered by MYT donations, while mainnet and other deployment environments are not affected by the change.

A specific address was liquidated for a total of 201 BTC across eight rounds amid a sharp market drop, according to Lookonchain. The liquidations were worth about $15.6 million.

Algorithmic stablecoin project Frax Finance (FRAX) said it is aware of the reported op-reth incident and that Frax assets and smart contracts remain unaffected and are operating normally. It added that all user and protocol funds remain safe. LayerZero temporarily suspended some cross-chain routes as a precaution, and those routes are expected to resume soon.

FLOKI said it is investigating an exploit discovered early on Nov. 5, has halted bot operations, and is identifying affected users while taking steps to protect remaining user funds. The project said it plans to provide affected users with new secure wallets and transfer remaining funds into those wallets. Until further notice, FLOKI advised users not to deposit funds into bot wallets and said anyone who exported a private key and still has funds in that wallet should move them to a wallet controlled only by the user. The FLOKI team added it will not send direct messages first or ask for a seed phrase or private key, and urged users to ignore any contact offering refunds or fund recovery.

GromaCorp has introduced the issuance and redemption of real estate assets directly on the Uniswap protocol using the Permissioned Pools Hook, according to decentralized exchange Uniswap (UNI). Uniswap said this is the first time permissioned assets have gone live on its automated market maker.

Major exchanges have seen $279 million worth of futures liquidated in the past hour. In the past 24 hours, $1,053 million worth of futures have been liquidated.

U.S. asset manager Canary Capital has launched a staking INJ ETF on Nasdaq under the ticker INJC. The product is designed to provide exposure to INJ and offer staking rewards.

Crypto bank Anchorage Digital has filed an application with the U.S. Commodity Futures Trading Commission for swap dealer registration to expand its institutional crypto options business, The Block reported. The application is awaiting review by the National Futures Association, and the timeline for completing the process remains unclear. If approved, the company plans to offer European-style options on Bitcoin and Ethereum for institutional clients. The options would allow exercise only at expiration, with maturities of up to one year.

OlympusDAO said it has completed the migration of the official OHM bridge to Chainlink’s CCIP, a move approved under on-chain proposal OIP-198. The decentralized reserve asset protocol shifted OHM bridging on Arbitrum, Base, Berachain and Optimism from LayerZero to CCIP, while adding support for Robinhood Chain for the first time. Including Solana and Ethereum, which were already connected through CCIP, the migration now links all seven chains that support OHM. Holders on those networks do not need to take any action, and token addresses will remain unchanged. OHM sent from Ethereum is locked in an Ethereum pool and released when it returns, so the total OHM supply does not change when tokens move across chains.