TREE NEWS reports: Democrats plan to push a broader crypto market structure bill following sweeping US midterm results, with analysts saying the path for the Clarity Act has become tougher. Advocacy group Stand With Crypto has so far endorsed 27 winning candidates.
TREE NEWS reports: Iran is evaluating “many detailed proposals” regarding its nuclear program. No further details on the proposals, their origin or a timeline for a decision were provided. The development comes amid ongoing international scrutiny of Tehran’s nuclear activities.
TREE NEWS update: China launched the Yaogan-51 07-09 satellites at 23:58 on November 5 from the Xichang Satellite Launch Center aboard a Long March 2C rocket, placing them into their planned orbits. The satellites will be used for scientific experiments and electromagnetic environment detection. The mission marked the 675th flight of the Long March rocket series.
TREE NEWS reports: The U.S. Treasury auctioned four-week bills at a high yield of 3.890% with a bid-to-cover ratio of 2.46, and eight-week bills at a high yield of 3.975% with a bid-to-cover ratio of 2.68. The auctions set the latest short-term government borrowing rates.
TREE NEWS reports: Germany’s DAX 30 index fell 0.69% to 26,255.95 in its preliminary close, while Italy’s stock index dropped 1.34% and its bank index lost 1.14%. France’s index edged up 0.13%, the UK index declined 0.47%, and the Dutch market fell 0.79%.
TREE NEWS reports: Bitcoin dropped nearly 5% as AI stocks sank and Democratic midterm wins raised fresh policy questions, erasing a Wednesday rally that had been partly fueled by short covering. Forced liquidations wiped out $428 million in crypto long positions during the move.
TREE NEWS update: Bank of Canada Governor Tiff Macklem said he is optimistic about being able to push the United States to reduce tariffs. He also said he does not rule out the possibility that trade problems between Canada and the US could worsen before they improve.
TREE NEWS update: Sony Group released the MDR-3R, a $60 wired earphone modeled on the pair bundled with the original Walkman in 1979, on Thursday. The retro-styled model keeps the same 23mm driver units as its 1980s inspiration but with tuning adjusted for modern listeners. Sony also launched an $80 Stranger Things edition with custom packaging and the show’s title engraved on the hardware.
TREE NEWS reports: WTI crude oil rose 3.0% on the day to trade at $90.79 a barrel. The intraday move marks a sharp single-session gain for the U.S. benchmark. No further details were immediately available.
TREE NEWS reports: The Philadelphia Semiconductor Index fell 11.2% on Monday, putting it on course for its largest single-day decline since March 2020. The drop marks a sharp selloff in US chip stocks, with the index extending losses through the session. No further details on the cause were immediately available.
TREE NEWS reports: European chip stocks extended losses to 4.35% on Monday as a broader semiconductor selloff accelerated, putting the sector on course for its biggest single-day decline since April 2025. The move reflects a sharp reversal in chip shares, with the drop deepening during the session.
TREE NEWS update: Nvidia proposed a full-stack co-design approach across GPU, CPU, networking, storage and software to ease rising GPU memory pressure as AI models grow and HBM supply tightens and prices rise, rather than simply adding GPU memory capacity. The company said that in SemiAnalysis AgentX tests, GB300 NVL72 delivered up to 10x the inference throughput per unit cost of H200 on certain workloads, while Vera Rubin NVL72 delivers up to 30x that of GB300 NVL72 with only about 3% more HBM capacity per GPU.
TREE NEWS reports: Shares of U.S. mortgage giants Fannie Mae and Freddie Mac have extended their cumulative decline since the U.S. midterm elections to 25%. The two government-sponsored enterprises have been under sustained selling pressure in the period following the vote, with the cumulative drop now reaching the quarter-mark.
TREE NEWS reports: Shield AI’s valuation is set to reach $28.8 billion. The defense-tech and autonomous-systems developer is reportedly being valued at that level in its latest financing. No further terms of the deal were disclosed.
TREE NEWS update: Hackers took $6.43 billion from Binance on Oct. 29. Within about an hour, Tether and Circle, the issuers of USDT and USDC, had frozen most of the stolen dollars. That evening, a council overseeing the Arbitrum network moved the hackers’ ether, raising questions about how decentralized crypto really is when issuers and councils can intervene.
TREE NEWS update: Anchorage Digital has applied for swap dealer registration with the U.S. Commodity Futures Trading Commission, the crypto custodian said. If approved, the firm plans to offer European-style bitcoin and ether options. The registration would bring its derivatives business under direct CFTC oversight.
TREE NEWS update: Arkansas Attorney General Tim Griffin filed a consumer protection lawsuit against Kalshi, arguing that the prediction market’s bets on Razorbacks games constitute gambling. The suit points to Kalshi’s self-exclusion and deposit-limit features as evidence the platform knows it is running a betting business.
TREE NEWS update: The Federal Reserve Board announced the termination of its enforcement action against Allegiant United Holdings, LLC, Nano Financial Holdings, Inc. and Nano Banc. The announcement gave no further details on the terms or the original action. The move lifts the Fed’s enforcement measures against the three entities.
TREE NEWS reports: Bloom Energy shares fell 20.2% on the day. The drop marks a sharp single-session decline for the fuel-cell maker’s stock.
TREE NEWS update: A shooting at a post office in Iowa on the 5th injured multiple people, police said. The suspect has been taken into custody. The incident occurred at a postal facility in the US state, and authorities have not released further details on the number of victims or their conditions.