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Evening Wrap · November 5, 2026

Evening Wrap: Bitcoin Slides Toward $76K; Samsung Wallet Activates Solana USDC

A tech-led rout triggers $428 million in liquidations, while Samsung integrates USDC on Solana across 82 million US devices.

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November 5, 2026basisdesk.news
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Story 1 of 5

Bitcoin Slides Toward $76,000 as Tech Slump Triggers $428M in Liquidations

$BTC fell to approximately $76,500 amid a broader technology selloff, liquidating $428 million in crypto longs within an hour.

November 5, 2026basisdesk.news
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Story 2 of 5

Samsung Wallet Activates Solana USDC Accounts Across 82M US Devices

Eligible US Galaxy users can hold and transfer $USDC on $SOL without managing private keys. The integration utilizes Bastion and Coinbase Prime Vault infrastructure, bypassing platform transfer fees, though New York…

November 5, 2026basisdesk.news
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Story 3 of 5

Former Ethereum Foundation Lead Sues Vitalik Buterin Over Termination

Former Protocol Support lead Kayleen Fulton sued Stiftung Ethereum and Vitalik Buterin, alleging wrongful termination. According to the lawsuit, Fulton was dismissed after disclosing an illness and organizing staff…

November 5, 2026basisdesk.news
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Story 4 of 5

CFTC Faces Deadline in Lawsuit Over Kalshi and Coinbase Stock Perpetuals

A federal judge ordered the CFTC to defend its statutory authority over equity perpetual futures by Nov. 6. A trade group sued the agency, alleging it encroached on SEC jurisdiction after Kalshi and Bitnomial launched…

November 5, 2026basisdesk.news
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Story 5 of 5

Amundi Tokenizes STOXX Europe 600 Equity Fund on Ethereum

Europe's largest asset manager launched a tokenized share class of its STOXX Europe 600 equity fund on $ETH alongside infrastructure provider CACEIS.

November 5, 2026basisdesk.news
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The numbers

Bitcoin fell 5.2% over 24 hours to $75,983, dragging the total crypto market capitalization down 4.4% to $2.56 trillion, while Solana dropped 5.3% to $89.79.

November 5, 2026basisdesk.news
BasisDesk

What to watch

  • The CFTC's opposition filing on Nov. 6 regarding retail equity perpetual futures jurisdiction.
  • The October jobs report on Friday and the Federal Reserve's December interest rate decision.
  • Samsung's deployment timeline for in-store point-of-sale stablecoin checkout features.
November 5, 2026basisdesk.news
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November 5, 2026basisdesk.news
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