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ETH $2.3K · Binance misses Luna Classic burn after $6.3B hack ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #143 · Tuesday, November 3, 2026
Market mood  Fear · 26/100  ▼ from 37 yesterday
Bitcoin and Ethereum declined slightly as fear sentiment held, while major exchange and protocol incidents dominated institutional attention.
 
 

☀  The Numbers

Bitcoin (BTC)$77,292  -0.9%
-3.6% this week
Ethereum (ETH)$2,279  -0.5%
-2.1% this week
Total crypto market$2.59T  -3.0%
BTC dominance 59.8% · BTC 39% below its all-time high

☀  The Movers

Top gainers (24h)

STX Stacks+3.9%
WLFI World Liberty Financial+3.3%
ZRO LayerZero+2.4%
XRP XRP+2.3%

Top losers (24h)

BTW Bitway-9.5%
NEAR NEAR Protocol-5.6%
MORPHO Morpho-5.0%
KAS Kaspa-4.8%

From the top 100 coins by market cap.

☀  The Read

Where the chart sits — description, not prediction

Bitcoin sits between its 50-day ($81.9K) and 200-day ($73.2K) averages — a trend in transition. Over the past 30 days it has traded between $76.7K and $85.8K; today's price sits in the lower third of that range. RSI(14) is 29 — territory traditionally described as oversold.

See all nine coins on the daily markets page →

☀  The Brief

 Binance misses Luna Classic burn after $6.3B hack

Binance failed to execute its monthly LUNC token burn for the first time since 2023 as the exchange manages recovery from a record security breach. This affects LUNC holders who depend on the regular deflationary mechanism. (Decrypt)

 Liquid Network restores full bitcoin backing post-exploit

The Liquid sidechain confirmed full bitcoin reserves after September's $320 million exploit, with Blockstream providing recovery funds. The incident highlights risks in wrapped asset protocols and custodial dependencies. (The Block)

 France postpones crypto exit-tax budget proposals

France delayed its 2027 budget vote, scrapping proposed crypto exit-tax provisions that would have affected investors. The move signals potential regulatory reprieve but remains subject to future legislative action. (Cointelegraph)

 ETHGas proposes Wall Street-style block reservations on Ethereum

ETHGas introduced advance block reservation sales to institutional users, but validators currently face no penalty for failing commitments. The proposal raises questions about Ethereum's decentralization and validator accountability. (CoinDesk)

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Crypto 101

What's a crypto wallet?

Software or hardware that stores the secret keys proving you own your coins. The coins live on the blockchain; the wallet holds your ability to move them.

“The best time to learn about crypto is before you buy any.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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