GM, bitcoiner — November 5, 2026

gm

Your morning Bitcoin brief: bitcoin and gold rally after US elections, Lightning Labs ships LND mitigation for a critical Linux kernel flaw, Cory Fields floats quantum landmines for post-quantum migration and other bitcoin news

Network Stats

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As of Nov 5, 2026, 5:03 AM EST

MARKET
  Price       $80,401  (+2.69%)
  24h volume  $35.7 bn
  Dominance   60.1%
  Sats / $    1,244

NETWORK
  Block       #974,655
  Hashrate    1,031 EH/s
  Difficulty  -2.61%
  Retarget    8 days
  Halving     523 days  (64.1%)

MEMPOOL
  Fee    3 sat/vB
  TX     56,756
  Size   17.6 MB
  Queue  18 blocks

LIGHTNING
  Capacity  2,531 BTC
  Channels  22,680

Price & Market

Bitcoin and gold rally after US elections, but a $378 million short squeeze casts doubt on the debasement trade

Bitcoin rebounded above $81,000 from about $75,600 on Nov. 4, while gold futures rose 3.4% to $4,061.10, their biggest daily gain in three months. cryptoslate.com

Regulation & Policy

House Democrats discuss their own crypto market structure bill with a bigger SEC role

The bill under discussion would build on Rep. Maxine Waters’ rejected Clarity Act amendments, giving the SEC a bigger role and the CFTC a smaller one, and adding new ethics limits. bitcoinmagazine.com

Democrats reportedly plan to target Trump’s crypto ventures after midterm wins

Democrats are reportedly preparing subpoenas over World Liberty Financial ties, its $500 million Emirati stake and the Changpeng Zhao pardon. Reuters estimates Trump family crypto ventures have generated at least $2.3 billion. news.bitcoin.com bitcoinmagazine.com

Block (XYZ) sets aside $764 million for DOJ settlement as its bitcoin profit halves

Block agreed in principle to a deferred-prosecution deal over anti-money-laundering failures at Cash App; the sum exceeds its $566 million third-quarter profit. bitcoinmagazine.com

Institutions & Treasuries

Strategy’s STRC hits $100 par for the first time since May after over $2 billion in buybacks

The preferred stock reached par on Wednesday after billions in buybacks, a 12% dividend rate and a switch to daily payouts. bitcoinmagazine.com

American Bitcoin (ABTC) posts about $126 million Q3 profit as its bitcoin holdings gain $197 million

The company swung to third-quarter net income on a $197.3 million gain on its bitcoin holdings, reversing a $57.2 million loss in the prior quarter. bitcoinmagazine.com

Security & Privacy

Matt Corallo flags critical Linux kernel flaw; Lightning Labs ships LND mitigation

CVE-2026-98432, highlighted on October 30, is a use-after-free in the Linux kernel’s IPv4 TCP handshake code, scored CVSS 9.8. bitcoinmagazine.com

Core Lightning v26.06.10 fixes security vulnerabilities; developers urge upgrade

The point release fixes reported flaws in dual funding and splicing, onchaind HTLC resolution, gossip limits, connectd, runes and commando, plugin hooks and hsmd; tests for the fixes are temporarily withheld. github.com

Bisq v2.1.15 sandboxes its bundled Tor; update required to keep trading

The security update also includes the latest Tor security release and Java security updates, and Bisq now runs its bundled Tor on Linux as well as macOS and Windows. github.com github.com

Mining

Riot Platforms sells $750M in BTC as Hut 8 sells $250M

Both miners disclosed the sales in third-quarter earnings reports on Wednesday; Riot sold more than 10,000 BTC during the quarter to finance its data center expansion. news.bitcoin.com

Bitcoin miners’ daily revenue per unit of computing power falls 8.7%

Nearly flat implied network growth offers limited relief while hedges still leave miners exposed to costs and delivery. cryptoslate.com

Technology & Development

Cory Fields floats “quantum landmines” and vulnerable coin auctions for post-quantum migration

In a bitcoindev post framed as thought experiments, he sketches a commit/reveal scheme that pays out on proven theft, assuming a quantum-safe output type and new soft-fork rules after Q-day. mailing-list.bitcoindevs.xyz mailing-list.bitcoindevs.xyz

StartOS v0.4.1.2 reworks signing-key management

The release lets users control trust separately for package and StartOS-update signers, fixes migration from StartOS 0.3 and removes the Podman dependency. github.com

Lightning & L2

Average new Lightning channel size reaches 2026 high of 0.45 BTC in October

October saw 6,892 channels opened with 3,102 BTC, and 86.1% of closes were cooperative, the highest share this year; 1,567 public channels opened in the week of Oct. 26–Nov. 1, up 7%. x.com amboss.space

Dave Lund revises his design for a K-of-N Lightning node

Correcting an earlier post, he concludes that channel opens and updates need all N signers, with only closing K-of-N, and switches to the VPSS1 scheme from Komlo and Goldberg’s Arctic (PKC 2025). delvingbitcoin.org delvingbitcoin.org

Funds & ETFs

Bitcoin and Ether ETFs draw $128M as the market rebounds after midterms

Fidelity led bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. cointelegraph.com

Community

Librería de Satoshi rebrands as ISMOS, launches platform aiming to train one million Bitcoin developers

Dulce Villarreal’s Latin American project launched a multilingual open-source platform for Bitcoin and freedom tech developers. bitcoinmagazine.com

Bitcoin Rap Sheet

Convicted murderer wins back bitcoin wallet while serving a life sentence

The court ruling covered a laptop seized after William Sandeson’s arrest, while cash seized from him remained withheld. news.bitcoin.com

Today in history

Bitcoin Obituary

On November 5, 2014, the article "Bitcoin is Dead" was published.

"Unlike gold or tulips, bitcoin has no alternative use. Therefore, when the price crashes, there is no 'natural floor' below which bitcoin cannot fall."