Daily digest · November 5, 2026
French Bank Credit Mutuel Arkea Hit by $133M Crypto Cyberattack
Credit Mutuel Arkea confirmed a hack tied to $133M in traced crypto theft, as bitcoin climbs 3.5% to $80,575 and 86 of the top 100 coins rise.
The market day
Bitcoin pushed to $80,575.39, up 3.49% on the day, with ether running ahead at 5.78%. Breadth backed up the move: 86 of the top 100 coins tracked were in the green, a clean day for anyone leaning bullish.
Raydium led gainers at 12.41%, while Official Trump was the day's worst performer, down 16.16%, a reminder that even a broad rally leaves some names badly behind.
The bigger story sat outside the price charts. Credit Mutuel Arkea, a French bank, confirmed a cyberattack that investigator ZachXBT linked to over $133 million in stolen funds moved through exchanges and stablecoin laundering routes, with Crypto.com blocking related funds and Tether and Circle freezing only a small slice of the total.
Named today: Raydium (RAY) predictions · Official Trump (TRUMP) predictions
Why is crypto down today? · November 5, 2026
Crypto is not down today: bitcoin is up 3.49% to $80,575.39, ether is up 5.78%, and 86 of the top 100 coins tracked are gaining.
On the days this question usually gets typed, the common triggers are exchange hacks and the ensuing loss of confidence, like the Credit Mutuel Arkea cyberattack and the $133 million in traced stolen funds now moving through crypto rails.
Other recurring causes are regulatory shocks, such as a new Congress threatening scrutiny of crypto ventures, and liquidity events like large spot ETF outflows, which hit $643 million in a single day earlier this week.
None of that is driving today's price action, since the market is broadly up, but these are the forces worth watching if the trend reverses.
Why is crypto up today? · November 5, 2026
Bitcoin's 3.49% jump to $80,575.39 anchors today's move, with ether's 5.78% gain running ahead of it and 86 of the top 100 coins tracked closing green.
Broad rallies like this often follow a stretch of bad headlines that the market decides to shake off. This week included a traced $133 million crypto theft tied to French bank Credit Mutuel Arkea, a $764 million DOJ settlement weighing on Block, and a Democratic midterm sweep raising questions about future crypto regulation.
Coinbase also moved to calm nerves after the Binance hack, disclosing that over 99% of customer assets sit in cold storage and that it was unaffected.
Days like this tend to show up when traders decide the known risks are priced in and shift back toward altcoins, which is consistent with Raydium's 12.41% gain leading the board today.
The stories that matter
French bank Credit Mutuel Arkea hit by $133M crypto-linked cyberattack
Credit Mutuel Arkea confirmed a cyberattack enabling fraudulent transfers, with ZachXBT tracing over $133 million in stolen funds through crypto exchanges and stablecoin laundering networks. Crypto.com has blocked related funds while Tether and Circle have only frozen a small fraction of the amount.
The prediction angle: A $133 million theft tied to a major bank is the kind of story that can spook sentiment fast if stolen funds keep moving undetected through exchanges, worth watching for follow-on selling pressure.
Sources: Bitcoin Magazine · Bitcoin.com News · Decrypt · CryptoPotato · CoinDesk · The Block · Cointelegraph
Block sets aside $764M for DOJ settlement as bitcoin profit halves
Jack Dorsey's Block agreed in principle to a $764 million deferred-prosecution deal over anti-money-laundering failures at Cash App, a sum exceeding its quarterly profit, while bitcoin gross profit fell 50% after fee cuts.
The prediction angle: A $764 million settlement eating into Block's profit, alongside a 50% drop in bitcoin gross profit, is a signal that payments firms tied to crypto still carry real regulatory risk.
Sources: Bitcoin Magazine · Cryptonews · CoinDesk
Democrats win Congress, plan to target Trump's crypto ventures
Democrats' midterm sweep gives them House committee control and subpoena power starting January 2027, with reports they'll scrutinize World Liberty Financial, its UAE stake and the CZ pardon; a new crypto market structure bill with expanded SEC power is also being discussed.
The prediction angle: Democrats gaining subpoena power and floating a new market structure bill with more SEC authority is a slow-moving but real variable for anyone predicting policy-driven volatility into 2027.
Sources: BeInCrypto · Bitcoin.com News · Bitcoin Magazine · Decrypt · Cointelegraph · The Defiant · CoinGape
Coinbase says 99% of assets in cold storage, unaffected by Binance hack
Coinbase disclosed that over 99% of customer crypto is held offline and confirmed it was not affected by Binance's $6.3-6.4 billion hot wallet hack, detailing split private keys and kill-switch controls.
The prediction angle: Coinbase publicly distancing itself from the Binance hack with cold storage numbers is a confidence signal that can matter for exchange-specific risk pricing.
Sources: Decrypt · The Block · CoinGape · Bitcoin.com News
ZachXBT flags suspected $106M theft from EU entity's exchange accounts
Investigator ZachXBT reported a suspected theft of over $106 million from an unidentified EU entity's multiple exchange accounts, with funds routed through ETH, Monero, and cross-chain bridges.
The prediction angle: A second large suspected theft, this time $106 million from an EU entity, adds to a pattern of exchange account compromises that can weigh on sentiment if it keeps recurring.
Sources: CoinDesk · BeInCrypto · The Defiant
Bitcoin ETFs post largest daily outflow in four months after Binance hack
US spot Bitcoin ETFs saw $643 million in outflows in a single day, their biggest since June, with October ending in net withdrawals following the Binance hack fallout.
The prediction angle: A $643 million single-day ETF outflow, the largest in four months, shows institutional money pulled back hard after the Binance hack, a flow worth tracking for whether it reverses.
Sources: Cointelegraph · The Block
On the BitPredict board
53.4% of yesterday's settled calls on BitPredict came in correct, with NEAR's upside call landing at 7.74%.
Today's Daily Call asset is Mira (MIRA), one shared question, up or down by midnight UTC. Think you can read this market? Put a timestamped call on record. It's free, and your accuracy is scored publicly.
Questions people are asking · November 5, 2026
Why is bitcoin moving today?
Bitcoin is up 3.49% to $80,575.39 and ether is up 5.78%, with 86 of the top 100 coins tracked also gaining on the day.
What happened with Credit Mutuel Arkea and why does it matter?
The French bank confirmed a cyberattack that investigator ZachXBT linked to over $133 million in traced stolen funds moved through exchanges and stablecoin laundering networks, with only a small fraction frozen so far.
Why did TRUMP drop 16.16% today?
No clear cause for the Official Trump token's decline was reported in today's coverage.
Updated Thu, 05 Nov 2026 06:21:43 GMTFree crypto calculatorsPredictions by coin