Market news: India, forex & crypto

The rotation out of tech is becoming a risk for the broader market

Artificial intelligence could be the market's source of near term pain, as investors dump stocks linked to the technology and instead move into other sectors.

Nikkei enters bear market as Asian stocks crash on AI sell-off; Kospi triggers circuit breaker

Japan's Nikkei 225 plunges 5.86%, approaching the 20% decline from its peak that defines a technical bear market. South Korea's Kospi falls 8.55%, triggering a circuit breaker, as Samsung Electronics and SK Hynix shed…

Musk's Tesla and SpaceX crash, lose over $420 billion in combined market cap

Shares of SpaceX and Tesla fell sharply after the US midterm elections, wiping out over 456 billion dollars in market cap and reducing Elon Musk's net worth below 800 billion dollars amid fears of str

Global bonds rally as Tech-equity carnage sparks flight to safety

Gate boasts 104% cold reserve coverage, but separate snapshot dates raise red flags

Its new hot-wallet loss test uses separate measurement bases, while independent verification of current PoSEC data remains in progress. Read the full story on CryptoSlate Understand the crypto stories that matter and…

Core Scientific to quit Bitcoin mining by year-end as AI business surges

The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.

US Stock Market Crash: 15 things to know about the worst day for Wall Street in 19 months

Thursday's sell-off resulted in the Nasdaq 100 wiping out $2.3 trillion in market capitalization, the worst single-day value erosion on record for the index. The Nasdaq 100 index is now down 16% from its peak and is…

Treasury bought back $6B in bonds, but dealers say bigger isn’t enough

The US Treasury bought back $6 billion of older government bonds on Nov. 4, hitting the full limit of its latest operation. On paper, that looks like a success for a program designed to make the Treasury market easier to…

Claude Gets Personal Finance—Anthony Pompliano Accuses Anthropic of Copying His Startup

Anthropic's Claude finance assistant analyzes spending from linked accounts in the U.S., and Anthony Pompliano has a big problem with it.

American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI

The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.

Dollar rebounds as global tech sell-off sparks haven bid

Nasdaq drops into correction territory — here’s what typically happens next

Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.

Asian crypto exchanges batten down the hatches as hacks surge: Asia Express

Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.

Bitcoin Fixes This? Paraguay President Resigns After Bank Lockout Hits 60% of Country

Ueno’s collapse trapped millions of Paraguayan depositors and triggered a president’s resignation, reviving Bitcoin’s argument for self-custody.

Hyperliquid Strategies files to become CFTC-registered FCM, posts $13.3 million in quaterly revenue

Hyperliquid Strategies posted $13.3M in revenue and $620.6M net income, and filed with the CFTC to become an FCM for U.S. HIP-3 perp markets.

investingLive Americas FX news wrap 5 Nov: Nasdaq 100 plunges 6.36% as AI selloff spreads

Nasdaq 100 suffers worst day since 2020 Magnificent 7: What are the technicals telling traders for each of those companies him WTI crude oil settles at $90.52, up 2.72% as buyers defend key support Non-farm payrolls…

Solana developers propose major overhaul to address hidden risk that could disrupt its network

The draft defines a common target while leaving starting-state trust, implementation testing and upgrade reviews to address. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch…

Financial & Forex Market Recap: Nov. 5, 2026

Nov. 5, 2026: AI investment concerns and chip weakness hit stocks and Bitcoin, while bonds and gold gained. Oil rebounded as Iran uncertainty persisted.

Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction

Bitcoin Magazine Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction Bitcoin price traded near $76,000 on Thursday afternoon, down more than 5% on the day after sliding through the mid-$75,000s as a…

Crypto ally French Hill wins reelection but set to lose House chair

Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in January.

OpenAI Promises to Foot AI’s Power Bill After Voter Revolt. Who Enforces It?

OpenAI wants to ease the backlash against AI campuses with promises on electricity, water and secrecy. Its new compact raises a tougher question: Who would make the company comply?

Nasdaq 100 suffers worst day since 2020

The Nasdaq 100 fell 6.36% on Thursday, its worst day since 2020, as investors sold everything from memory and storage stocks to chip equipment makers and data-center suppliers. The Nasdaq Composite fell 5.52%, the S&P…

Chinese firms’ profit margins trail global peers as domestic demand stays weak

Gate Pioneers Proof of Security (PoSEC), Achieving 104.58% Cold Storage Coverage to Solidify Asset Security

Gate has officially introduced Proof of Security (PoSEC), a new asset security verification framework, becoming the first digital asset trading platform in the industry to launch a PoSEC security verification system.…