Daily Market Wrap | Nov. 10

Hot Topics

• Bitcoin rebounds 4.2% to $106K, Ethereum up 7.4% to $3.6K, and Polymarket bets on U.S. shutdown ending soon via Senate funding deal.
• CFTC confirms Nasdaq, Cboe, and others to launch regulated spot and leveraged BTC/ETH trading next month post-shutdown, aiming to bring trillions in offshore volume onshore.
• Trump promises at least $2,000 tariff dividend payments directly to Americans from tariff revenue, excluding high earners, to reward taxpayers and cut $38T+ debt amid legal challenges.

Market Updates

• Ledger eyes New York IPO or fundraise next year amid record revenues and surging hardware wallet demand driven by 2025's $2.17B crypto thefts.
• Zenrock's zenZEC wrapped Zcash token surpasses $15M trading volume on Solana since Oct. 31 launch, blending privacy with DeFi speed via MPC.