Morning edition · November 10, 2026
Warren Readies Senate Probes for Trump Crypto Ventures
Incoming Senate Banking Committee leadership signals a return to investigative hearings targeting family-linked crypto ventures and prediction markets.
- 1
Warren Prepares Senate Probes Into Trump Crypto Ventures
Sen. Elizabeth Warren will investigate Trump-affiliated crypto firms and prediction markets after she assumes the Senate Banking Committee chairmanship in January [8]. Federal appellate judges on Nov. 3 declined to halt New York and Connecticut actions against
- 2
Market Shakeout Wipes $1.2B in Derivatives Longs
Crypto platforms liquidated $1.2 billion in derivative positions over 24 hours, with long closures making up $1.04 billion of the total [6]. $BTC trades near $74,685 ahead of the October inflation report [6].
- 3
Trump Media Posts $409.7M Net Income on Digital Asset Gains
Trump Media reported a $378.1 million digital asset markup that pushed Q3 net income to $409.7 million, obscuring a $23.6 million operating loss [5]. The firm holds 15,649 Bitcoin, primarily pledged to covered options and note collateral [5].
- 4
Strategy Buys 1,036 Bitcoin and Repurchases Preferred Stock
The firm sold 2.05 million MSTR shares for $283.8 million to finance an $81.9 million $BTC purchase and a $188.3 million preferred stock buyback [4]. Strategy acquired the tokens at an average price of $79,012 [4].
- 5
NYSE Affiliate Selects Avalanche for Tokenized Securities Venue
An upcoming digital alternative trading system affiliated with the New York Stock Exchange will use the $AVAX blockchain as its core ledger [7]. The planned venue aims to offer 24/7 continuous trading and atomic settlement for tokenized equities [7].
- 6
Institutional Custodians Warn of Disruptions Over Solana Update
A technical proposal aims to remove durable nonces from $SOL, which institutional custodian Fireblocks warned could break existing safeguards in major decentralized finance protocols [3].
Numbers
$BTC trades at $74,136 with total market capitalization at $2.45 trillion, as ETH gas fees register at 0 gwei and market sentiment sits at a fearful 32.
Watch
Bureau of Labor Statistics' release of October CPI inflation figures on Nov. 10 · Sen. Elizabeth Warren's formal assumption of the Senate Banking Committee chair in January · Shareholder vote on the Trump Media and TAE Technologies merger scheduled for Dec. 14
Income angle
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Full text
Incoming Senate Banking Committee leadership signals a return to investigative hearings targeting family-linked crypto ventures and prediction markets.
Warren Prepares Senate Probes Into Trump Crypto Ventures Sen. Elizabeth Warren will investigate Trump-affiliated crypto firms and prediction markets after she assumes the Senate Banking Committee chairmanship in January [8]. Federal appellate judges on Nov. 3 declined to halt New York and Connecticut actions against Kalshi and Coinbase [8].
Market Shakeout Wipes $1.2B in Derivatives Longs Crypto platforms liquidated $1.2 billion in derivative positions over 24 hours, with long closures making up $1.04 billion of the total [6]. $BTC trades near $74,685 ahead of the October inflation report [6].
Trump Media Posts $409.7M Net Income on Digital Asset Gains Trump Media reported a $378.1 million digital asset markup that pushed Q3 net income to $409.7 million, obscuring a $23.6 million operating loss [5]. The firm holds 15,649 Bitcoin, primarily pledged to covered options and note collateral [5].
Strategy Buys 1,036 Bitcoin and Repurchases Preferred Stock The firm sold 2.05 million MSTR shares for $283.8 million to finance an $81.9 million $BTC purchase and a $188.3 million preferred stock buyback [4]. Strategy acquired the tokens at an average price of $79,012 [4].
NYSE Affiliate Selects Avalanche for Tokenized Securities Venue An upcoming digital alternative trading system affiliated with the New York Stock Exchange will use the $AVAX blockchain as its core ledger [7]. The planned venue aims to offer 24/7 continuous trading and atomic settlement for tokenized equities [7].
Institutional Custodians Warn of Disruptions Over Solana Update A technical proposal aims to remove durable nonces from $SOL, which institutional custodian Fireblocks warned could break existing safeguards in major decentralized finance protocols [3].
Numbers: $BTC trades at $74,136 with total market capitalization at $2.45 trillion, as ETH gas fees register at 0 gwei and market sentiment sits at a fearful 32.
Watch:
- Bureau of Labor Statistics' release of October CPI inflation figures on Nov. 10 [6].
- Sen. Elizabeth Warren's formal assumption of the Senate Banking Committee chair in January [8].
- Shareholder vote on the Trump Media and TAE Technologies merger scheduled for Dec. 14 [5].
Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.