Fidelity prefers Bitcoin over gold, US Treasury sanctions Canadian firms, and crypto liquidations top $1B.
View in browser Choose Rich Live Weekend Update · Saturday, November 7, 2026 BTC $75,827 · ETH $2,239 · SOL $89.67 |
Headlines | • | Fidelity's Jurrien Timmer says he still prefers Bitcoin over gold despite downturns | | • | US Treasury sanctions eight Canadian financial firms over Iran-linked crypto transactions and offers up to $20M for nuclear intel | | • | FinCEN orders US banks to cut off crypto exchange MEXC over [$16B] in illicit transactions | | • | Microsoft winds down Oracle deal to rent [AI cloud capacity] running on older Nvidia chips | | • | Tesla will wind down Cybertruck output in mid-2027 to expand [Cybercab] production |
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Crypto | • | Bitcoin falls to $75,208 as a tech rout triggers $1.26B in crypto liquidations | | • | Labor Department sends rule easing crypto in [$10.1T] 401(k) market to White House | | • | Bitcoin dips to [$74,871] as more than $1.1B in crypto long positions are liquidated | | • | PBOC shuts down [Solana events] and advertising in Shanghai, launching a regulatory probe | | • | Keplr Wallet pauses [social logins] after reports of unauthorized transactions |
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AI | • | US intelligence assesses Nvidia CEO Jensen Huang had a relationship with an alleged Chinese spy | | • | Anthropic plans November IPO targeting up to [$100B] raise at up to $1.75T valuation | | • | Over 100 protesters storm [Microsoft data center] site in Amsterdam over AI expansion | | • | TSMC weighs entering [3D DRAM] memory chip manufacturing at Nvidia's request | | • | Google executive Donald Harrison resigns from SpaceX board after more than a decade |
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