BloFin News

Insights into the biggest events shaping the crypto industry.

  1. 1

    World Liberty Financial Launches WLFI Token Buyback

    Trump-backed World Liberty Financial announced a token buyback program for its WLFI token, which may include fees generated from its USD1 stablecoin reserve. The news was shared by crypto commentator Scott Melker.

  2. 2

    Copper Hits July Low on Washington Political Shakeup

    Copper prices fell to their lowest level since July amid a political shakeup in Washington. The turmoil threatens to weaken two key bullish drivers for the metal: the rapid expansion of AI infrastructure and the risk of US import tariffs on copper.

  3. 3

    Core Lightning Urges Node Operators to Install v26.06.10

    Core Lightning maintainers are urging node operators to upgrade to version 26.06.10, which includes fixes for channel-security and remote-access vulnerabilities. Operators are also advised to replace any unaccounted-for remote-command credentials and bind them to the intended node.

Cardano Drops 6.3% While 58% of ADA Remains Staked

Cardano's ADA fell 6.3% in 24 hours to $0.185, its lowest daily close since mid-August, amid a broad Nasdaq and crypto sell-off that triggered over $1 billion in leveraged liquidations. Despite the decline, 58.5% of all circulating ADA (21.54 billion tokens) remains delegated to stake pools, indicating long-term holders have largely held firm. ADA is down 65% from its November 2025 annual high of $0.59.

Nasdaq Correction Deepens as AI Trade Unravels

The Nasdaq 100 fell 14.7% below its October 6 record, closing at 26,630 on November 5 after a 6.4% single-day drop, as investors unwound AI and chip positions following US midterms. Bitcoin is 39.6% below its all-time high of $126,080, while the S&P 500 sits 5.9% off its peak. Rising oil prices near $99 and the Fed holding rates at 3.75-4.00% add further pressure on risk assets.

Google Launches Gemini Omni 1.2 Flash Video Model

Google has rolled out Gemini Omni 1.2 Flash, an updated AI video generation model capable of creating clips up to 15 seconds, compared to 10 seconds with the previous Omni 1.1 version. The new model also offers improved reference adherence and costs 30% less than its predecessor.