Canada has introduced a regulatory framework for fiat-backed stablecoins under Bank of Canada oversight, allocating CA$10 million over two years starting in 2026, according to the country's 2025 federal budget released November 4. The initiative includes CA$5 million in annual operating costs to be recovered from regulated issuers. The Retail Payment Activities Act will be amended to bring stablecoin payment service providers under formal supervision.

Spot Bitcoin and Ethereum exchange-traded funds in the United States recorded a combined net outflow of $797 million on Tuesday, according to SoSoValue data. Bitcoin ETFs posted $577.74 million in outflows, marking the largest single-day exit since August 1. Ethereum ETFs saw $219.37 million leave the funds during the same period.

Bitcoin dropped to an intraday low of $100,050 on Tuesday while Ethereum fell below its January 1 opening price of $3,285, wiping out year-to-date gains. Major smart contract platforms including BNB Chain and Solana declined over 7.8% amid broader market weakness. The selloff triggered $1.37 billion in leveraged liquidations across the sector.

Cryptocurrency markets declined amid weakening macroeconomic conditions, with Bitcoin falling 0.9% alongside traditional benchmarks. Bitcoin miners IREN and Cipher Mining posted substantial gains following announcements of high-performance computing agreements with Microsoft and AWS valued at $9.7 billion and $5.5 billion respectively. The deals highlight bitcoin mining companies' pivot to AI infrastructure hosting partnerships with major technology firms.

Bitcoin dropped 2.5% to $103,952 on Tuesday as investors pulled back from risk assets amid mounting concerns over artificial intelligence stock valuations. Ether declined 2.5% to $3,503, bringing its two-day losses to over 10%. A $100 million security breach at Ethereum-based protocol Balancer added to selling pressure.

A consortium led by SBI Holdings and major trust banks will launch round-the-clock trading of blockchain-based shares in 2026. The platform will allow investors to purchase tokenized versions of publicly listed companies starting at 1 Japanese yen, removing the current 100-share lot requirement. The system represents the first global venue enabling continuous on-chain equity trading.

Bitcoin traded around $103,900 on November 4, 2025, down 3.7% in 24 hours. Total cryptocurrency market capitalization fell 4.3% to approximately $3.46 trillion. Over $1.34 billion in leveraged positions were liquidated during the period, with long positions representing roughly $1.18 billion of the total.

Balancer DeFi protocol suffered an exploit on November 3, 2025, with estimated losses ranging from $100 million to $120 million. The attack targeted V2 Composable Stable Pools, while V3 remained unaffected. Early analysis suggests the vulnerability traces back to a similar rounding error first identified in August 2023.