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With a valuation comparable to OpenAI and surpassing SpaceX and ByteDance, Tether has attracted significant attention.
No need for chart analysis, macro research, or even inputting the amount of funds.
The US government shutdown has entered its 36th day, leading to a decline in global financial markets. The shutdown has prevented funds from being released from the Treasury General Account (TGA), draining market liquidity and triggering a liquidity crisis. Interbank lending rates have soared, while default rates on commercial real estate and auto loans have risen, increasing systemic risk. The market is divided over future trends: pessimists believe the liquidity shock will persist, while optimists expect a liquidity release after the shutdown ends. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model is updated.
Nvidia CEO Jensen Huang stated bluntly that, thanks to advantages in electricity prices and regulation, China will win the AI race. He added that overly cautious and conservative regulation in Western countries such as the UK and the US will "hold them back."
As Wall Street grows increasingly concerned about an AI bubble burst, OpenAI's CFO is instead calling for "more enthusiasm." She also stated that going public is currently not in the company's plans.
The Federal Reserve's ongoing interest rate cuts continue to inject liquidity into the market, which should, in theory, boost the prices of risk assets. However, why does the crypto market continue to decline? In particular, why did BTC experience a significant breakdown yesterday? This article will explore the underlying reasons and present key observation indicators.
- 08:49Data: The whale who bought the dip in ETH on October 11 and held for 34 days has given back $6 million in profits, recently chasing the rally and ending up losing $7.8 million.ChainCatcher News, according to monitoring by HyperInsight, at 1 a.m. today, the whale (0xb9f) who was "once firmly long on ETH" turned back to ETH long positions, holding $43.74 million with an average price of $3,432, and an unrealized loss of $660,000 (about 40%). The ETH short position opened by this whale last night has been fully closed, with a realized loss of $1.38 million. According to previous reports, this address had previously held an ETH long position for over 34 days, which ended in a loss of $2.04 million in the early hours of yesterday. At its peak, the position had an unrealized profit of over $6 million (about 300%), and was once ranked second in ETH contract long positions on Hyperliquid. The whale then quickly switched sides and opened an ETH short position.
- 08:43Trump: Hopes to Make the United States a "Bitcoin Superpower"On November 6, it was reported that during the first day of the "American Business Forum" held in Miami, Florida (at 1:00 p.m. local time on November 5), Trump called for the United States to embrace crypto assets (virtual currencies) and demonstrated his ambition to pursue leadership in this field. Trump stated, "We are gathered here in Miami today to embrace a crucial industry. I signed a historic executive order that ended the federal government's war on crypto assets. The crypto industry was once surrounded, but that's no longer the case. Because this is a huge industry, a massive industry. I have many outstanding people around me, excellent entrepreneurs, who are not only engaged in other businesses but are also actively involved in the field of crypto assets." In addition, he said, "Crypto assets can greatly ease the burden on the dollar and bring many positive effects, and we are focused on promoting this. We want to make the United States a bitcoin (BTC) superpower and the global center for crypto assets."
- 08:41CARDX Genesis Card Pack Presale Sold Out in 10 MinutesChainCatcher reported that the genesis card pack pre-sale launched by CARDX today was sold out within 10 minutes. Previously, the CARDX S1 testnet ended on October 31, attracting over 210,000 users and achieving 2.5 million interaction records, with a total deposit exceeding 17,000 SOL. Users could exchange points for whitelist spots to participate in this genesis card pack pre-sale. According to official sources, CARDX will soon launch its second season testnet, featuring new gameplay centered around mining mechanisms and simultaneous $CX token rewards, continuing to explore the integration of card collecting and blockchain technology. As a Solana-based card collection platform within the FO ecosystem, CARDX combines traditional card games, digital collectibles, yield mechanisms, and free trading functions to bring users a brand new Web3 interactive experience.