AGP Executive Report
Last update: 11 hours agoExchange Security: Mercado Bitcoin plans to reopen account access on Nov. 9, but users will initially only be able to view balances; trading and withdrawals remain suspended pending security checks. Separately, Elliptic says Binance attackers swapped about $175 million in stolen altcoins into roughly 2,300 BTC. Market Pressure: Bitcoin hovered near $76,000 after spot BTC ETFs lost $1.28 billion in a week. XRP fell 7.1%, and its ETFs recorded no inflows for four straight sessions as a tech selloff weighed on risk assets. Washington Watch: Democrats’ midterm sweep could complicate crypto legislation and bring tougher scrutiny. A proposed rule allowing retirement plans to consider crypto investments has reached White House review, but does not require employers to offer them. Industry Shift: Core Scientific plans to leave Bitcoin mining by year-end, while TeraWulf reported that AI and high-performance computing leases generated 83% of third-quarter revenue. Ethereum: Grayscale says Ethereum leads smart-contract networks in stablecoins and tokenized assets, even as developers delay a Glamsterdam testnet step to address gas-accounting risks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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