Crypto Today: November 14, 2026

Each fact links to the outlet that reported it: check the original before relying on it. Not investment advice.

Bitcoin fell to its lowest level since mid-August, with ETF outflows and a stronger dollar adding pressure, and the whole market sold off. Alongside it, Binance’s hack recovery, a custody-bypass hack at Unocoin, a federal-versus-state fight over prediction markets and the sudden exit of Nvidia’s CEO all drew attention.

The simple explanation

Crypto prices dropped sharply. Bitcoin, the biggest coin, fell to about $63,400 late on Saturday, roughly 15% lower than a week earlier. Big investment funds that hold bitcoin for ordinary investors (ETFs) kept seeing more money pulled out than put in, and higher interest-rate expectations made risky assets less appealing.

Separately, the exchange Binance says it has replaced customer money lost in a huge October hack, though some withdrawals are still being switched back on. US authorities have also won court permission to go after $1.2 billion of the stolen funds. A smaller exchange, Unocoin, has stopped all services after hackers used a backup route around its security provider.

Markets snapshot

• BTC: $63,423.00 (-7.1% over 24 hours)
• ETH: $1,741.72 (-9.5% over 24 hours)
• SOL: $69.01 (-11.3% over 24 hours)

Prices as of Saturday, November 14, 2026.

Markets

Bitcoin falls to a three-month low as ETF outflows deepen and the broader market slides

Bitcoin dropped about 14% in a week to roughly $65,000 on Saturday, its weakest since mid-August, as spot ETF outflows continued and rate-hike expectations and a strong dollar weighed. By the 23:00 UTC snapshot it was at $63,423, with ether near $1,742 and solana near $69.

• Bitcoin traded near $75,750 on Nov. 7, fell below $72,000 after Nvidia CEO Jensen Huang resigned on Thursday, and hit about $67,555 around midnight Eastern on Friday. (Bitcoin Magazine)
• Friday’s US producer price index rose 0.3% in October against 0.4% expected, which lifted bitcoin above $70,000 only briefly. The 10-year Treasury yield reached 5.17% and the dollar index held at a 19-month high. (Bitcoin Magazine)
• Boston Fed President Susan Collins and San Francisco Fed President Mary Daly signalled that more tightening or a rate hike is likely, and traders fully priced a quarter-point hike at the Dec. 8-9 meeting. (Bitcoin Magazine)
• Selling resumed after 8 a.m. ET Saturday, taking bitcoin to about $65,000 and below Friday’s low. An analyst, James Check, described it as a fourth capitulation wave, meaning holders selling at a loss. (Bitcoin Magazine, CoinDesk)
• US spot bitcoin ETFs lost $185.4 million on Friday, $143.5 million of it from BlackRock’s IBIT and $41.9 million from Fidelity’s FBTC. That took two-week outflows to $2.35 billion and extended IBIT’s losing streak to 11 sessions. (Cointelegraph)
• Bitcoin ETFs lost about $1 billion for a second straight week. US spot crypto ETFs lost about $1.55 billion combined, and Avalanche funds’ $227,000 was the only weekly inflow among the 15 categories tracked by SoSoValue. (The Block)
• Bitcoin’s mining difficulty fell 9.13% early Saturday, the largest cut since June, easing pressure on miners. (Bitcoin Magazine)

Context: Spot bitcoin ETFs are funds that hold bitcoin and trade on stock exchanges, so their flows show demand from traditional investors. Higher interest rates make non-yielding assets such as bitcoin less attractive relative to bonds. At the 23:00 UTC snapshot, bitcoin was down 14.8% on the week and 7.1% on the day, ether 20.4% on the week, solana 21.5%, and bitcoin’s share of the total market was about 58.7%.

Why it matters: ETF outflows remove a key source of buying, and weekend trading is thinner, so price swings can be sharper. The drop has also been steeper in ether and solana than in bitcoin.

Disputed or unconfirmed: Bitcoin Magazine says the Nvidia shake-up could potentially be behind part of the drop, but this is speculative, and it also cites rates and the dollar as drivers. The $65,000 low in the articles was later undercut by the snapshot price of $63,423.

Watch next: The Fed’s Dec. 8-9 meeting, and Nvidia’s quarterly results on Tuesday, which are its first since Huang stepped down.

Security & Hacks

Binance says stolen funds are replaced as US courts target $1.2 billion of the haul

Binance says it has replaced customer assets lost in the October hack and is reopening withdrawals in phases, while the DOJ has court authority to seize or restrain more than $1.2 billion of the stolen money. Victims should not expect quick returns from the seizures, since forfeiture must come first.

• The DOJ attributes the theft of more than $6 billion on or about Oct. 29 to North Korean military hackers known as TraderTraitor, who it says continue laundering funds via bridges, mixers and exchanges. (CryptoSlate)
• On Nov. 12 the DOJ disclosed court authorization to seize or restrain more than $1.2 billion, part of more than $2.7 billion frozen through government and private efforts. It gave no timetable for returning money and did not announce completed forfeiture. (CryptoSlate, The Block)
• Binance’s notice, signed Nov. 13, says replacement of affected customer assets is complete. On Nov. 4 it had put replenishment at about 98%. (CryptoSlate)
• Binance says it committed more than $6 billion of company funds from treasury, its SAFU emergency fund and part of its futures insurance resources. It also pledges to return SAFU to about $1 billion, which is not reported as done. (CryptoSlate)
• Binance says withdrawals reopened on 87 networks this week and it aims to restore the rest by the end of next week, warning of possible delays. (CryptoSlate)
• A reserve snapshot taken at 00:00 UTC on Nov. 12 covers 198 tokens, up from 44 earlier. Binance estimates 40 to 50 hours to generate the full zero-knowledge proof, which would let holders verify one-for-one backing. (CryptoSlate)
• A few affected tokens Binance no longer supports will be handled through its delisting process, with no stated method or date. (CryptoSlate)

Context: Binance is the world’s largest crypto exchange. Proof of reserves is a published check that an exchange holds enough assets to cover customer balances. Forfeiture is the legal step that lets the government take permanent ownership of seized assets, and only then can it consider paying victims.

Why it matters: The recovery is a test of whether Binance can restore normal access and prove its backing. The DOJ action shows recovery of stolen funds is possible, but it is slow and its recipients are undecided.

Disputed or unconfirmed: The claim that all customer assets are replaced comes from Binance and is not independently verified. The CryptoSlate report says the notice does not confirm that proof generation is complete, and the DOJ has not said how much of the $1.2 billion is seized versus restrained.

Watch next: Binance’s target of restoring all remaining networks and assets by the end of next week, and publication of the full zero-knowledge proof.

Unocoin halts all services after hackers bypass BitGo freeze with transfers signed outside the custodian

Unocoin says the disputed transfers were signed and broadcast outside BitGo, so the freeze on its BitGo account worked as far as it can tell. It suspects a backup access mechanism was exploited, and services remain suspended.

• Unocoin first detected unauthorized activity on Nov. 6 and asked BitGo and Fireblocks to freeze its enterprise accounts. (CryptoSlate)
• It suspended all services on Nov. 9 after seeing further unauthorized activity. (CryptoSlate)
• On Nov. 12 it reported outgoing transactions from an Ethereum address in its BitGo wallet setup, used to fund ERC-20 tokens, and said more than 90% of customer crypto was in cold storage. (CryptoSlate)
• On Nov. 13 it said the disputed transfers were signed and broadcast outside BitGo and that a backup mechanism meant to preserve access if BitGo is unavailable appeared to have been exploited. (CryptoSlate)
• It is still investigating how the mechanism was used, the cryptocurrency losses and any exposure of personal information, and says work to restore services continues. (CryptoSlate)

Context: BitGo is a crypto custodian whose wallets use three keys (user, backup and BitGo), of which two must sign a transaction. BitGo’s documentation says the user and backup keys can sign together without BitGo, and its withdrawal policies do not apply to such recovery transactions. Background: Unocoin is an India-based exchange.

Why it matters: The case shows a custodian freeze does not stop transactions that the wallet’s own keys can still sign. It raises the question of how well backup keys are protected.

Disputed or unconfirmed: The cold-storage figure is Unocoin’s own and does not settle the loss, which the exchange says it is still assessing. How the backup access was obtained is unconfirmed.

Watch next: Unocoin’s findings on losses, data exposure and when services can resume.

Regulation & Policy

CFTC sues Louisiana over a state judge’s ban on 31 prediction markets

The CFTC sued Louisiana on Friday to block a state judge’s order banning 31 prediction markets, including Kalshi and Polymarket, in the state. Louisiana’s attorney general responded with sharp criticism of the CFTC chair.

• On Friday, Nov. 13, the CFTC filed suit against Louisiana. (The Block)
• The suit seeks to block a state judge’s order banning 31 prediction markets from operating in the state, including Kalshi and Polymarket. (The Block)
• Louisiana’s attorney general responded by calling the CFTC chair an obsequious standard bearer for prediction markets. (The Block)

Context: Background: The CFTC is the federal regulator of derivatives, and prediction markets let users trade contracts on the outcome of real-world events. Kalshi and Polymarket are the best-known platforms. States and the federal government have been disputing who has authority over them.

Why it matters: The case puts federal authority over prediction markets against state power to restrict them, and the outcome could affect whether these platforms can operate nationwide.

Disputed or unconfirmed: The CFTC and Louisiana’s attorney general are in direct conflict. The attorney general’s characterization of the CFTC chair is an opinion from an interested party.

Watch next: The court’s response to the CFTC’s request to block the order.

AI & Crypto

Nvidia CEO Jensen Huang resigns amid spy allegations, prompting testimony requests

Huang resigned from Nvidia on Thursday after 33 years amid reports of suspected Chinese intelligence ties, and officials disagree on the evidence. Congressional testimony has been requested from Huang and Commerce Secretary Howard Lutnick.

• Huang resigned on Thursday, Nov. 12. Decrypt describes it as following reports of affairs and suspected Chinese intelligence ties, and says it left Nvidia leaderless and its stock reeling. (Decrypt, Bitcoin Magazine)
• The Post reported that Secretary of State Rubio recast a CIA report in a memo that preceded Huang’s exit. The report does not settle the espionage allegation or show Rubio invented it. (The Defiant)
• CNN reported that US officials remain divided over the evidence, and David Sacks called the spy narrative collapsing and asked for a leak investigation. (The Defiant)
• Scott asked Huang to appear on Dec. 3 and Lutnick on Dec. 10 on Nvidia exports. A Commerce spokesperson says Lutnick has agreed to testify voluntarily. (The Defiant)
• Colette Kress is interim CEO and Nvidia reports third-quarter results on Tuesday. AI stocks sold off after the resignation, and chip stocks fell further on Friday. (Bitcoin Magazine)

Context: Nvidia makes the chips behind the AI boom, and its exports to China are politically sensitive. The articles do not identify Scott’s full title or the full detail of the allegations.

Why it matters: The leadership change at a market-leading AI company has hit AI and tech stocks, and crypto traded down with them. The dispute also puts US chip export policy under congressional scrutiny.

Disputed or unconfirmed: The espionage allegation is unresolved. CNN reports officials are divided, Sacks says the narrative is collapsing, and the Post says Rubio reframed the CIA report. Huang’s testimony is requested, not confirmed.

Watch next: Nvidia’s results on Tuesday, then requested testimony on Dec. 3 (Huang) and Dec. 10 (Lutnick).

Quick hits

• Deutsche Bank’s crypto custody service is live for paying clients in Europe, supporting bitcoin, ether and three stablecoins, with stablecoin conversion and tokenized instruments to come later. (The Defiant)
• Cursor links a tampered Claude Code extension, which may have reached up to 5,000 users, to exposed credentials and urges affected teams to check machines and rotate credentials. (The Defiant)
• MegaETH’s parent is cutting 20% of staff as it pivots toward AI, with DeFi value locked on the network down from over $245 million to $8.8 million. (CoinDesk)
• Nakamoto, a bitcoin treasury company, got a year’s extension on 60 million USDT of its Kraken loan, leaving no principal due this year, and Kraken now counts derivatives value toward collateral. (Unchained)
• Paraguay’s cheap power contracts for bitcoin miners, about 4% of global mining, expire Dec. 31, 2027, as the state utility signs a 15-year deal for an AI campus. (CoinDesk)
• A Satoshi-era wallet served in a $260 billion lawsuit moved 75 BTC, about $5 million, held since 2011. (CoinDesk)