The USDC Treasury issued 250 million new USDC tokens on the Solana network.

Lombard Systems, a tokenized securities financing infrastructure, has raised $4 million in seed funding, led by Ethereal Ventures, with participation from ALPS Capital, First Commit, Veris Ventures, and ATKA. Lombard Systems provides financing infrastructure for tokenized securities and maintains the Delivery-to-Lock (DvL) standard. This standard allows banks, brokers, and transfer agents to accept tokenized and digital assets as collateral without removing the assets from their original securities accounts. The assets remain locked in the owner's name, and the lender obtains an enforceable collateral interest proven by a cryptographically signed certificate of credit.

Nasdaq-listed Core Scientific has announced its complete exit from the Bitcoin mining business. The company has a market capitalization of $370 million and previously held 3.5% of the Bitcoin network's total hashrate. (Bitcoin Archive)

US President Trump said the stock market experienced one of the worst trading days in history due to the election results, resulting in a decrease in 401(k) retirement accounts. Trump claimed that the stock market crash was not caused by Republicans, but by Democrats.

[Deribit Options Worth Approximately $2.86 Billion Expiring, BTC's Biggest Pain Point is $79,000] At 08:00 on November 6th, approximately $2.86 billion worth of BTC and ETH options expired on the Deribit platform. The notional value of BTC options was approximately $2.64 billion, with a put/call ratio (P/C) of 0.38 and a maximum pain point price of $79,000. Open interest was concentrated around the strike prices of $82,000 and $85,000. The notional value of ETH options was approximately $224.5 million, with a P/C ratio of 1.27 and a maximum pain point price of $2,350. Open interest was mainly concentrated around $2,100.

The Nikkei 225 index fell below 58,000 points, down 5.06% on the day. The TOPIX index also fell by 5%.