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Election 2026: CoinDesk live blog

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 11/03/202677,453.86
Change that session+0.83%
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  • Prime Minister: “After many years, electricity prices are finally falling, based on a very careful assessment of EVN’s financial situation”

    At the regular October government session, Prime Minister Lê Minh Hưng acknowledged basic achievements but flagged challenges in controlling inflation and reaching double-digit growth, including low disbursement rates at some ministries and key projects. He stressed that controlling inflation is the top priority for the final two months of the year, warning that growth will not spread to the economy and people if inflation is not contained. On electricity, he said prices are finally falling after many years, based on a careful review of EVN’s financial situation, while fuel tax measures introduced early this year have strongly affected budget revenue. The Ministry of Finance was tasked with monitoring prices, updating inflation scenarios, accelerating VAT reform and proposing CPI targets for localities from 2027, and a decree on petroleum business is to be finalized in November 2026.

    CafeF·▼ NT2▼ POW▼ PPCinflationelectricityfuel prices
  • Can Marine Systems Named an Authorized Reseller of Amazon Leo

    Singapore-based Can Marine Systems has signed an agreement to become an authorized reseller of Amazon Leo, Amazon’s low Earth orbit satellite constellation. It will deliver Amazon Leo connectivity through its Canopus™ Platform as part of managed maritime connectivity and onboard IT services, combining satellite and cellular networks with onboard network policies, crew access controls and remote management. Can Marine remains the customer’s service partner from network design and installation through ongoing support. Amazon Leo’s initial constellation includes more than 3,000 satellites. Director Lim Ding Liang said the goal is to make new networks work within how customers operate their vessels.

    Yahoo Finance·Amazontelecommunicationssatellites
  • Ministry of Finance outlines price management measures, targets CPI of around 4.5%

    At the October regular government press briefing, Deputy Finance Minister Nguyễn Đức Chi said average CPI for the first 10 months rose 4.57%, above the full-year 2026 target of around 4.5%. The Ministry of Finance proposed measures including monitoring and forecasting prices, ensuring supply of essential goods such as fuel, food and medical supplies, coordinating monetary and fiscal policy, cautiously managing state-set prices especially fuel and electricity, and tightening inspections against hoarding and price manipulation. The special consumption tax on gasoline is cut to 0% from Nov. 1, 2026 to March 31, 2027, which is expected to reduce state budget revenue by nearly 7,000 billion VND, while average retail electricity prices fall 2%. The ministry estimates these measures could lower CPI by about 0.5 percentage points in November 2026 versus October and by about 0.08 percentage points in the 2026 average CPI.

    CafeF·• VNINDEXinflationfuel priceselectricity
  • Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress

    Bitcoin fell to $75,618 on Bitstamp, a seven-week low, as Democrats won control of both the House and Senate in the US midterm elections, then rebounded to $78,039 within three hours. Total crypto long liquidations over 24 hours reached $288 million. Talos’s Kelly Ye said Bitcoin moved about 1.7% after the polls closed, close to the roughly 1.8% priced in by options, so markets had largely prepared for the result. S&P 500 and Nasdaq 100 futures were both down about 0.3%. Analysts said Bitcoin must defend its 50-week moving average, at $75,733, to avoid a deeper correction, while Ameriprise Financial’s Anthony Saglimbene linked the reaction to concerns over data-center and AI capital spending.

    Cointelegraph·▲ BTC/USDTbitcoincryptomidterm elections
  • Warren Buffett Is "Ahead of His Time" Again: Portfolio's Largest Stock Up 25%, Generating Double the Free Cash Flow of Four Top Global Companies Combined

    Apple generated about 136 billion USD in free cash flow in the fiscal year ended September 2026, up 38% and well above its 111 billion USD record in 2022, nearly double the combined total of Microsoft, Meta, Alphabet and Amazon over the last four quarters (about 67 billion USD). The gap stems largely from spending: those four firms put over 600 billion USD into fixed assets, mostly AI chips and data centers, while Apple spent only about 9 billion USD, down nearly 30%. Apple shares rose about 25% year to date as of November 2, and Warren Buffett's Berkshire Hathaway still holds 227.9 million Apple shares worth about 66 billion USD, 22% of its equity portfolio as of end-June 2026, though that stake is down about 75% from mid-2023.

    CafeF·AppleWarren BuffettBerkshire Hathaway
  • Billionaire Stanley Druckenmiller Is Backing the Company Bringing Hyperliquid to Wall Street. Here's What It Means for Investors.

    Billionaire Stanley Druckenmiller said he has invested in TradeXYZ, the newly announced partner of Intercontinental Exchange (ICE) that plans to launch Hyperliquid-based perpetual futures markets in the US pending regulatory approval, and that he plans to trade those markets himself. Under Hyperliquid’s HIP-3 feature, third-party deployers stake 500,000 HYPE tokens, and fees on their contracts are split 50/50 between Hyperliquid and the deployer. About 99% of trading fees on Hyperliquid go to a fund that buys HYPE on the open market, permanently removing 49.9 million tokens, roughly 5% of maximum supply, as of Oct. 30. Through the Duquesne Family Office, Druckenmiller also holds a $23.1 million stake in Hyperliquid Strategies as of June 30. The article says Hyperliquid has strong traction but is not necessarily a safe investment, given competition from Robinhood Markets, Coinbase Global and others.

    Yahoo Finance·▲ HYPE/USDTcryptoHyperliquidfutures

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