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npub109vfayn7595xzzxj5wd7kzgh5pygvf76cl72zmh8mqdvv8hdvrssme9kfa PlebUnderground.com - home of independent Bitcoin Pleb media
PlebUnderground.com youtube.com/@plebundergrou… Joined July 2022
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🟠 PLEB UNDERGROUND WEEKEND ROUNDUP 🟠

The week's biggest Bitcoin stories + dev updates. Week of Nov 2-7, 2026.

A wild midterm week — let's go 👇

📉 PRICE: BTC ends the week ~$75.8K, down ~2% — a fifth straight weekly loss. ~40% below the Oct 2025 ATH near $126K. Fear & Greed: 25 (Extreme Fear), down from 30 last week.

🗳️ MIDTERMS: Democrats took both chambers of Congress on Nov 3. BTC spiked to ~$81K on the result, then gave it all back. Crypto legislation now faces a very different Congress.

📉 THURSDAY ROUT: BTC fell 5.5% on Nov 5 — its worst day since June — sliding to ~$75.1K. Over $1.27B in crypto positions liquidated in 24h, ~$1.1B of them longs.

💼 JOBS: Oct payrolls came in hot — 165K vs 65K expected. Traders now price ~80% odds of a Dec Fed hike. Hot jobs, hawkish Fed, headwind for BTC.

📊 ETF EXODUS: Spot BTC ETFs lost ~$1.28B this week, 4 of 5 sessions red. 2026 flows have now flipped negative: -$502M YTD (SoSoValue). Every dollar of this year's inflows, gone.

🏦 TREASURIES BUY THE DIP: Strategy resumed buying — 811 BTC for $65.5M (avg $80,846), now holding 849,327 BTC. Strive stacked 15,124 BTC in Oct. Treasuries buy while ETFs sell.

🧑‍💻DEV: Core Lightning 26.06.10 is out (Nov 4) — a strongly recommended security update fixing flaws across splicing, dual funding, gossip + HTLC handling. Node operators: upgrade.

DEV: Core dev Cory Fields proposed "quantum landmines" (Nov 4): future quantum thieves would have to post matching collateral to steal vulnerable BTC. Early idea, but clever.

⚡ DEV: A new proposal would let multiparty wallets (FROST/MuSig2) use Silent Payments safely — opening Bitcoin's stealth-address privacy to multisig + institutional wallets. Still research-stage.

🎬 That's the week. Five red weeks, extreme fear — and the builders keep building. Follow + repost if this was useful. 🟠