BTC Daily Report: November 5, 2026 — Key News and Updates
Over the past 24 hours, BTC-related news clustered around three threads: price stabilization, institutional products, and security incidents. On the price side, Bitcoin rebounded from a six-week low and held steady near $75,000, though roughly $1 billion in ETF funds withdrew over the same period; falling oil prices were seen by the market as one factor behind recovery expectations, and the U.S. midterm elections also brought macro disruption. On the institutional side, Coinbase Prime launched crypto options and perpetual futures trading for institutional clients in the U.S. and other regions, connecting to Deribit liquidity and supporting more than 20 assets with BTC, ETH and USDC as collateral. Security incidents continued to unfold: Binance released a report on the $6.3 billion theft case, saying hackers breached multiple engineers' computers in a chain of attacks; the Binance hacker continued to convert SOL into BTC, and after THORChain restored swaps on 11 chains, all 41 related swaps were filled; a relay wallet linked to the Mercado Bitcoin hacker moved stolen tokens out and converted them into $10.55 million in ETH. In addition, Riot and Hut 8 sold thousands of bitcoin to fund AI businesses and share buybacks, Block set aside $764 million for a DOJ settlement, and Strategy's STRC touched $100 par for the first time since the buyback.
November 05, 2026 BTC News Roundup
- [11-04 19:19] Coinbase Prime launches crypto options and perpetual futures trading for institutional clients in the U.S. and other regions, connecting to Deribit liquidity (Wu Shuo)
Coinbase announced that it now offers crypto options and perpetual futures trading to institutional clients in the U.S. and other eligible regions through Coinbase Prime, connecting to Deribit liquidity and providing a unified liquidity pool for U.S. and global traders. The service supports more than 20 assets including BTC, ETH, SOL, XRP, AVAX and HYPE, with BTC, ETH and USDC usable as collateral, and more assets will be added in the future. Derivatives services in eligible jurisdictions are provided through licensed…
- [11-04 13:55] Converted into $10.55 million in ETH, Mercado Bitcoin hacker-linked relay wallet moves stolen tokens out (Odaily Planet Daily)
Odaily Planet Daily News: According to Arkham monitoring, the relay wallet associated with the Mercado Bitcoin hacker has converted the stolen tokens into ETH worth $10.55 million. A transaction that bridged about $650,000 in assets into BTC via Bridgers appears to have been intercepted. The accompanying image shows the entity tagged as the hacker involved holds about $31.23 million in assets.
- [11-04 11:54] Bitcoin Bounces Back From 6-Week Low Despite $1B ETF Exodus (CryptoNews)
Bitcoin bounced back above $78,000 just now after hitting a six-week low, even as U.S. spot Bitcoin ETF sheds $1.16 billion across three trading sessions. The recovery came as daily withdrawals slowed
- [11-04 09:26] After THORChain restores swaps on 11 chains, all 41 swaps related to the Binance hacker are filled (PANews)
PANews, November 4: According to an official THORChain announcement, THORChain has completed the 3