Crypto news, 5 November 2026: bitcoin slips back below 76,000 dollars, France sets aside its stablecoin tax and Samsung Wallet switches on USDC
Bitcoin gives up its post-election gains alongside the Nasdaq, ETFs return to inflows, the French National Assembly drops the crypto amendments, Samsung Wallet switches on USDC on Solana and Anchorage Digital seeks swap dealer registration.
Thursday, 5 November 2026. We gather the relevant facts of the last 24 hours, each checked against a primary or reliable source. The day is shaped by a sharp tech sell-off that also drags down crypto, a vote in the French National Assembly and two developments for stablecoins and derivatives in the United States.
Markets: bitcoin loses its rebound alongside the Nasdaq
According to CoinDesk, bitcoin had climbed back above 80,000 dollars overnight after the dip tied to the midterm elections. In the afternoon, selling in semiconductor stocks pushed the Nasdaq down more than 5% and bitcoin fell below 76,000 dollars. Citing CoinGlass data, CoinDesk reports more than one billion dollars of leveraged positions liquidated in 24 hours, mostly long bets, while gold rose 1.1%. On CoinGecko, checked today at 18:09 (Zurich time), bitcoin trades around 76,100 dollars, roughly 62,000 Swiss francs (-5.5% over 24 hours). Ether is close to 2,254 dollars (-7.2%).
ETFs: the first inflow after three negative sessions
Farside Investors data show that on Wednesday 4 November US spot bitcoin ETFs took in a net 74.6 million dollars after three sessions of outflows. Fidelity's FBTC gathered 236.7 million, while BlackRock's IBIT lost 201.2 million. Ether ETFs took in 53.0 million, their first positive session after seven negative ones.
France: the crypto amendments in the 2027 budget fall away
On the evening of 4 November the French National Assembly rejected the revenue section of the 2027 budget bill at first reading by 458 votes to 0. According to Cointelegraph and Journal du Coin, the rejection also removes the crypto amendments adopted in the chamber: taxing conversions from crypto into MiCA-compliant stablecoins from 1 January 2027, approved on 16 October by 38 votes to 37, an obligation to declare self-custodied holdings of at least 100,000 euros, and higher penalties for platforms, from 10,000 to 50,000 euros. The Senate receives the government's original text and can still reintroduce the measures.
Stablecoins: Samsung Wallet switches on USDC on Solana in the US
Samsung has made a stablecoin account available in Samsung Wallet for eligible Galaxy users in the United States. According to The Block and Decrypt, the service lets users buy, hold, send and receive USDC on the Solana blockchain without a separate crypto app, on about 82 million compatible devices. The infrastructure comes from the custodian Bastion, with Coinbase as sub-custodian. Transfers to bank accounts in more than 60 countries are supported, credit card top-ups carry a 4% fee and New York residents are excluded. Samsung stresses that the account is a crypto wallet, not a bank account.
Derivatives: Anchorage Digital seeks swap dealer registration
According to The Block, Anchorage Digital has filed, through the National Futures Association, an application to register as a swap dealer with the CFTC, the US derivatives regulator. If approved, the firm plans to offer European-style options on bitcoin and ether with maturities of up to one year. Chief executive Nathan McCauley gave no timeline for a decision. Since 2021, Anchorage Digital Bank has been the first federally chartered digital asset bank, supervised by the OCC.
Sources
- CoinDesk, market updates of 5 November 2026: https://www.coindesk.com/business/2026/11/05/live-updates-bitcoin-steady-around-usd80-000-as-markets-rally-after-democratic-sweep
- CoinGecko, prices checked on 5 November 2026 at 18:09: 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/
- Cointelegraph, the French budget vote: https://cointelegraph.com/news/france-rejects-budget-revenue-sidelines-crypto-amendments
- Journal du Coin, the stablecoin tax: https://journalducoin.com/actualites/budget-2027-rejet-458-voix-taxe-stablecoins/
- The Block, Samsung Wallet and USDC: https://www.theblock.co/news/business/2026-11-05-samsung-wallet-launches-usdc-accounts-solana-us-galaxy-users-434523
- Decrypt, details of the Samsung service: https://decrypt.co/382586/stablecoins-samsung-wallet-adds-usdc-solana
- The Block, the Anchorage Digital application: https://www.theblock.co/news/business/2026-11-05-anchorage-digital-seeks-cftc-swap-dealer-registration-for-crypto-options-business-434437
