Crypto Daily Brief — November 11, 2026

Nvidia shares fell as much as 8% on Monday after its board opened an independent investigation into reports that CEO Jensen Huang had a relationship with an executive U.S. intelligence believes was recruited by China's Ministry of State Security. Sources differ on the size of the loss, with Decrypt citing an intraday drop of up to $350 billion in market value and CryptoPotato citing a 4.3% close and about $190 billion erased.

House Oversight Chairman James Comer opened a formal investigation into prediction market operators Polymarket and Kalshi and sent document requests to both CEOs. The probe follows reports of trades that may have used non-public information, including the arrest of a U.S. soldier and a New York Times review of more than 80 suspicious trades.

Federal Reserve Governor Christopher Waller said on November 10 that he supports a 25 basis point rate increase at the December 8-9 FOMC meeting, and Bitcoin fell toward $74,000 that day. Waller also said a 50 basis point hike should be considered if core CPI rises 0.3% or more month over month.

Coinbase, Kalshi, Payward and three trading firms asked a federal court to accept a brief defending the CFTC's authority over single-stock perpetual futures. The filing responds to a suit by the Capital Markets Alliance Association, which argues the products fall under SEC jurisdiction, and a federal judge has already declined to halt the approvals on an emergency basis.

Fourteen publicly listed companies have sold about 108,247 BTC in 2026, worth roughly $8.08 billion, according to Lookonchain. MARA Holdings and Riot Platforms account for more than half of the total, with proceeds tied to debt repayment and AI and data center buildouts.