Crypto Market This Week: Bitcoin Holds $75K as Altcoins Slide

Gold-coloured physical bitcoin coin resting on a silver laptop keyboard (crypto market this week)

Bitcoin sat at $75,734 on November 8, 2026, down 2.62% in seven days, and most big altcoins fell harder. That is the crypto market this week in one line, based on CoinGecko data: BTC also lost 7.86% over 30 days, and its share of the market rose to 59.32% as money either left crypto or moved into Bitcoin.

MEXC FinCEN Order: What It Means for Your Funds

Aerial view of the US Treasury Building in Washington with American flags (MEXC FinCEN order)

FinCEN is cutting MEXC off from U.S. finance over at least $16 billion in alleged illicit flows. The MEXC FinCEN order, issued on Friday, November 6, 2026, will bar U.S. financial institutions from sending money or crypto to or from MEXC Global once it takes effect.

Gnosis Pay Breach, Binance Hack, Gopax: What to Do Now

Hand swiping a blue payment card through a countertop card terminal with keypad (Gnosis Pay breach)

The Gnosis Pay breach, detected on November 3, exposed card numbers, home addresses and linked wallets. If you hold a crypto card, that’s the incident to act on this week. It came alongside new laundering moves from the $6.34 billion Binance hack and a withdrawal and trading freeze at South Korean exchange Gopax. Below I cover what happened in each case and the checklist I’d work through today.

What Is PENGU Coin? Pudgy Penguins’ Token Explained

Emperor penguin leaping out of icy water onto snow while its colony watches (PENGU coin)

PENGU coin trades at about $0.0063 on November 8, 2026, roughly 91% below its December 2024 peak. It’s the official token of Pudgy Penguins, the cartoon penguin NFT brand. It launched on Solana in December 2024 as a community airdrop, and holders get no equity, no dividends and no voting rights.

What Is NEAR Protocol? Why It’s Trending After a 15.74% Drop

Long white server cabinet aisle inside a brightly lit modern data center (what is NEAR Protocol)

NEAR fell 15.74% in seven days to $3.69, and that drop is why it’s trending on CoinGecko. So what is NEAR Protocol? It’s a proof-of-stake Layer 1 that splits its work across shards, gives users readable account names, and now pitches itself as “the blockchain for AI.” As of November 8, 2026, it ranks 21st by market cap on CoinGecko.