Machi was liquidated three times in the past three hours, resulting in losses exceeding $14.38 million.

- Bitcoin retests $100,000 support amid divided market views on consolidation vs. correction. - Technical analysts highlight $100,000 as a psychological and structural pivot point for institutional activity. - Institutional inflows contrast with declining retail participation as new addresses drop 15% above $110,000. - Macroeconomic uncertainty and Bitcoin's 0.3 S&P 500 correlation fuel debates over its systemic risk hedge potential. - Surge in put options and 30-day high fear index signal caution despite

- Zohran Mamdani's progressive policies as NYC's first Muslim mayor could reshape finance and crypto sectors, sparking debates on affordability and regulation. - Proposed 2% income tax on $1M+ earners and 11.5% corporate tax aim to fund housing and childcare, but may drive crypto firms to low-tax states like Texas. - Cuomo and Trump opposed Mamdani's agenda, while analysts debate his limited powers under state budget rules and potential regulatory pressures on crypto. - NYC's existing crypto regulations an

- Canaan Inc. secured $72M from Brevan Howard, Galaxy Digital , and Weiss to expand North American data centers, boost Bitcoin mining capacity, and fund R&D. - The investment follows a 50% YTD stock decline but strengthens its balance sheet, with CEO Zhang citing growing institutional confidence in its technology. - The deal aligns with industry trends as miners like CleanSpark and NIP Group pivot to energy-efficient AI infrastructure and diversified revenue streams. - Canaan paused 2025 equity sales, leve

- Ethereum's market cap fell below $400B on Nov 5, ranking 36th globally as liquidations and ETF outflows accelerated. - Over $1.1B in crypto liquidations hit Ethereum and Bitcoin , with ETF outflows exceeding $500M as institutions diversify holdings. - Macroeconomic pressures and regulatory uncertainty worsened the selloff, pushing Bitcoin near $100K and altcoins into steep declines. - Analysts warn of further $6B liquidations if Bitcoin breaks $106K, with Ethereum facing potential $1,700 drop by mid-2026