Crypto news, 10 November 2026: bitcoin below 73,000 dollars after US inflation data, MARA sells 13,597 bitcoin and crypto firms back the CFTC
US October inflation beats forecasts and bitcoin slips below 73,000 dollars, bitcoin and ether ETFs lose more money, MARA sells 13,597 bitcoin, six firms back the CFTC on stock perps and Elliptic describes laundering through meme coins.
Tuesday, 10 November 2026. According to CoinGecko, at around 18:20 Swiss time bitcoin is trading around 72,996 dollars (-2.4% in 24 hours) and ether around 2,024 dollars (-4.8%).
Markets: US inflation above forecasts, bitcoin at its lowest since August
The Bureau of Labor Statistics reported that the consumer price index (CPI) rose 0.4% in October on a seasonally adjusted monthly basis, after 0.6% in September; the index excluding food and energy rose 0.3%. According to CoinDesk, forecasts were 0.3% and 0.2%. After the release bitcoin fell below 73,000 dollars for the first time since August, while ether, XRP and solana lost about 6% in 24 hours. CoinDesk reports that, according to CME FedWatch, rate markets now price in a Federal Reserve rate increase in December.
ETFs: a seventh session of redemptions for IBIT
According to Farside Investors, US spot bitcoin ETFs recorded net outflows of 201.0 million dollars on Monday, 9 November: BlackRock's IBIT lost 213.2 million and ARKB 9.9 million, while Morgan Stanley's MSBT took in 22.1 million. It was IBIT's seventh negative session in a row. Ether ETFs lost 184.6 million, 119.3 million of it from ETHA. Over the seven sessions from 30 October to 9 November the balance is -2,125.9 million for bitcoin ETFs and -705.5 million for ether ETFs; for both, the only positive day was 4 November.
MARA sells 13,597 bitcoin and repays its secured loans
In its third-quarter shareholder letter, filed with the SEC, MARA Holdings says that after the end of the quarter it sold 13,597 bitcoin at an average price of about 81,039 dollars, for roughly 1.1 billion. It used 750 million to fully repay its bitcoin-collateralised loans, releasing 17,477 bitcoin that had been pledged. On 30 September the company held 34,012 bitcoin. MARA intends to keep monetising bitcoin, among other things for artificial intelligence infrastructure and share buybacks.
United States: six firms side with the CFTC on stock perps
Coinbase, Kalshi, Payward (Kraken's parent company), DRW, Jump Trading and Paradigm filed a brief on Monday evening with the federal court for the Southern District of New York in support of the Commodity Futures Trading Commission. The lawsuit was brought by the Capital Markets Alliance, backed among others by Citadel Securities and Cboe, which argues that perpetual contracts on single stocks are security-based swaps under the SEC's jurisdiction. The firms argue instead that they are security futures and that both regulators have treated them that way. The applications by Coinbase, Kalshi and Payward to list these contracts were deemed approved on 2 November.
Security: meme coins created to launder funds from the Binance attack
Elliptic has published an analysis of the laundering of the roughly 6.4 billion dollars stolen from Binance in October, an attack attributed to the North Korean group TraderTraitor. Between 5 and 7 November at least six meme-style tokens were created on the NEAR blockchain, each paired with NEAR in its own liquidity pool: one set of wallets bought the tokens with stolen funds, another sold them back and collected NEAR. About 117,000 NEAR, around 430,000 dollars, passed through this way. The transactions remain traceable on-chain; according to Elliptic, about 11.8 million NEAR from the attack have not yet moved.
Sources
- Bureau of Labor Statistics, October 2026 CPI: https://www.bls.gov/news.release/cpi.nr0.htm
- CoinDesk, markets after the inflation data: https://www.coindesk.com/markets/2026/11/10/live-news-traders-price-in-fed-rate-hike-for-december-as-bitcoin-and-gold-retreat
- CoinGecko, bitcoin price: https://www.coingecko.com/en/coins/bitcoin
- Farside Investors, bitcoin ETF flows: https://farside.co.uk/btc/
- Farside Investors, ether ETF flows: https://farside.co.uk/eth/
- MARA, Q3 2026 shareholder letter (SEC): https://www.sec.gov/Archives/edgar/data/1507605/000150760526000026/q326shareholderletter.htm
- CoinDesk, crypto firms back the CFTC: https://www.coindesk.com/policy/2026/11/10/coinbase-kalshi-kraken-parent-back-cftc-in-legal-fight-over-stock-perpetual-futures
- CoinDesk, arguments in the stock perps brief: https://www.coindesk.com/policy/2026/11/10/crypto-teams-up-with-u-s-government-to-defend-stock-perps-in-legal-fight
- Elliptic, meme coins and Binance laundering: https://www.elliptic.co/insights/north-korea-meme-coins-binance-hack/
