Here's how analysts are reacting to the new blue Congress
Your day-ahead look for Nov. 4, 2026
CoinDesk
1439 stories · all sources
Bitcoin rebounds from midterm dip as DeFi leads gains
Bitcoin recovered from a dip to around $75,600 as Democrats won Congress, while DeFi tokens led gains and Trump-linked coins fell.
ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds linked to the theft.
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade
Texas election result raises fears of data centre restrictions, while Musk and Palihapitiya draw attention to the space economy.
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28.
Zcash grants committee drops plan to redirect 98,000 ZEC to future mining rewards
The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system.
Bitcoin rises to $78,300 in V-shaped comeback as midterm election uncertainty fades
Crypto prices reversed overnight losses following the Blue Wave landslide for the Democratic Party.
Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
U.S.-sanctioned Moscow Exchange to list bitcoin and Tether’s USDT in December
Russia’s main bourse wants back the crypto trading Russians do abroad, and one of the coins it's listing is issued by a company that freezes wallets on the U.S. sanctions list.
South Korea's ruling party wants to delay its crypto tax again
South Korea's ruling party wants to delay crypto tax by about two years, as it waits for global tax-sharing rules and new digital assets law.
Democrats surge toward Senate, House majorities, with crypto braced for new direction
The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.
Bitcoin briefly sinks to $75,700 as bets on a Democratic sweep rattle markets
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress.