U.S. Bitcoin and Ether ETFs have recorded $530.1 million in combined net outflows on Nov. 5, as AMINA Bank’s derivatives chief has pointed to renewed fund buying as the key to sustaining crypto gains into 2027. Summary Bitcoin ETFs lost $430.2 million on Nov. 5, while Ether funds shed $99.9 million. AMINA’s Andreja Cobeljic sees…
Tesla will end production of the Cybertruck at its Texas Gigafactory next year. It’s a uniquely toxic electric vehicle, between its divisive design and Elon Musk’s embrace of you name it. That toxicity certainly contributed to subpar sales, along with a number of recalls. But the end of the Cybertruck is also another sign that…
Zcash’s latest upgrade removes 60% of transaction fees from circulation. Zcash has activated its major network upgrade, NU7, on mainnet at block height 3,543,405 on November 5. NU7 cut Zcash’s target block times by threefold (from 75 seconds down to 25 seconds). Block rewards will also be adjusted to keep new ZEC entering circulation…
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round…
Key Takeaways The CFTC gave exchanges 30 days to end state-by-state geographic restrictions or explain why they can’t. Exchanges must also make sure brokers and other intermediaries don’t impose their own geoblocks. A judge ordered Kalshi on Nov. 4 to block sports contracts on the lands of California tribes that sued it. CFTC Says Geographic…
