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According to Serenity, Jensen Huang is almost irreplaceable for Nvidia. Serenity stated that this is similar to how Tesla's valuation and market confidence could collapse if it lost Elon Musk.Serenity mentioned that Jensen Huang bet on CUDA before the explosion of artificial intelligence and began building the Neocloud ecosystem; he locked in key supply chain capacity years in advance and launched rack-level systems that integrated components like CPUs and networking devices. Jensen Huang also transformed the competitive threat posed by ASICs into new development opportunities by investing in companies like Marvell and MediaTek, competing with Broadcom, while incorporating these partners into Nvidia's NVLink ecosystem.Serenity also stated that Jensen Huang almost single-handedly built the financial and industrial ecosystem surrounding the current AI investment boom, growing Nvidia from a startup into a company with a market value exceeding $5 trillion, with an expected future growth rate of 70% by fiscal year 2028. Serenity indicated that even if Nvidia's actual revenue or product roadmap does not undergo substantial changes in the next two years, simply replacing Jensen Huang could have catastrophic effects on Nvidia's long-term development.

CryptoQuant analyst Darkfost stated that within less than a month, the open interest of BTC on the Binance platform has decreased from 10.6 billion dollars to 8.8 billion dollars, a drop of 17%. Meanwhile, its 180-day moving average has risen from 8.4 billion dollars to 8.6 billion dollars. As the open interest falls below the moving average, new signals of deleveraging are emerging in the market. In a bull market phase, this signal typically appears when market corrections are nearing their end, reflecting that traders are reducing their leveraged exposure, which includes both voluntary liquidations and forced liquidations due to insufficient margin.Aside from the fact that this process may last for months in a bear market, a similar signal last appeared in June of this year when the BTC price was below 60,000 dollars, subsequently rebounding to above 87,000 dollars, with an increase of over 45%. Currently, as the open interest declines, the market is also experiencing large-scale liquidations. Low volatility seems to encourage some traders to take on higher risks to compensate for the insufficient returns brought about by the narrowing price fluctuations, making them more susceptible to market reversal shocks. Over the past three months, the monthly liquidation scale on Binance has reached new highs since 2021: over 1.4 billion dollars in August, 1.1 billion dollars in September, and 1.3 billion dollars in October. This trend appears to continue into November, with the liquidation scale exceeding 520 million dollars before the end of the first half of this month.These data highlight the potential losses that leveraged trading can bring to investors. In a market environment with low volatility and shrinking trading volume, blindly increasing risk exposure due to a lack of patience can quickly lead to heavy costs. However, the deleveraging phase also helps improve the market environment. Reducing leveraged positions can lower the risk of cascading liquidations, allowing spot demand to play a greater role in market pricing, thereby helping Bitcoin establish a more robust market structure.

According to Jiemian News, Tongxin Intelligence has completed hundreds of millions in seed and angel round financing, with investors including Tsinghua Alumni Seed Fund, Beijing General Artificial Intelligence Research Institute, Songlin Technology, Pingzhi Information, Anwu Intelligence, and Yuzizhangquan.The funds from this round will mainly be used for core architecture design and research and development before chip tape-out. Tongxin Intelligence was founded in April 2026 by artificial intelligence scientist, president of Beijing General Artificial Intelligence Research Institute, and chair professor at Peking University and Tsinghua University, Zhu Songchun. Its first product is positioned to support AGI algorithm inference chips, aimed at applications such as large models, world models, and general intelligent agents, with plans to start FPGA prototype verification in early December this year.

According to The New York Times, German industrial robot company Agile Robots has raised $500 million in a new round of financing led by SoftBank, with investors including Nvidia, bringing its valuation to $8.5 billion. Agile Robots founder Zhaopeng Chen stated that the funds will be used for expansion in the United States, increasing production in Germany, and entering new markets, preparing for a potential IPO in the future.The company is collaborating with partners such as Google DeepMind, with total financing reaching $2 billion. Agile Robots was founded in 2018 and is dedicated to combining artificial intelligence with robotics to help factories increase productivity and reduce costs. Zhaopeng Chen mentioned that physical AI is one of the solutions for Europe to close the gap with AI in the United States and China and to revitalize its industry.

According to Catcher Predict monitoring, the win rate of the "Yes" option in the sub-market "Franz Wagner: Points O/U 39.5" for the "Magic vs. Jazz" event on the Polymarket has experienced a sharp fluctuation, dropping from 40% an hour ago to the current 14% (a fluctuation of 26%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, the probability of the "Yes" option in the sub-market "Desmond Bane: Points O/U 9.5" for the "Magic vs. Kings" event on the Polymarket is experiencing significant fluctuations, dropping from 82.5% an hour ago to the current 66% (a fluctuation of 16.5%). Please note the impact of related breaking news.

BIT Securities announced the launch of a dollar-cost averaging feature for U.S. stocks starting today, covering all stocks and ETFs in the U.S. market. Users only need to set the investment amount (starting from a minimum of US$10) and the period (daily, weekly, or monthly), and the system will automatically buy according to the plan without the need to place manual orders each time. Users can activate the plan with one click when viewing individual stock details or the "Assets" page, and can adjust, pause, or terminate it at any time; additionally, the dollar-cost averaging plan can also choose to use margin funds for purchases.Compared to a one-time investment, dollar-cost averaging spreads the investment over different time points, helping to average out the holding costs and reduce timing pressure.Currently, BIT Securities supports trading in U.S. and Hong Kong stocks, and covers various investment methods including U.S. stock options, margin trading, and stock dollar-cost averaging. Elio Cui, the head of BIT Securities, stated: "We always hope that users with different investment styles can find suitable tools at BIT. The essence of dollar-cost averaging is long-term investment, which aligns with the group's long-termism philosophy. We hope to accompany users in combating volatility with discipline and growing together with quality assets."BIT Securities is also launching new user benefits: new account holders can enjoy commission-free trading for U.S. stocks, a US$100 platform fee rebate card, and a real-time market data card, with tasks completed earning rewards worth up to US$320; a transfer incentive campaign is also ongoing, with rewards worth up to US$300. Details of the activities are subject to BIT's official announcements.Risk Warning: Dollar-cost averaging does not guarantee profits and is not necessarily superior to other investment methods. Investors should formulate investment plans based on their own financial situation and risk tolerance.

Marble Imaging, a remote sensing company based in Bremen, Germany, has secured 6 million euros in extended seed funding led by Cherry Ventures, bringing the total to 11.3 million euros, which will accelerate the construction of Germany's first commercial very high-resolution satellite constellation.

According to Crypto Briefing, Utkarsh Ahuja, founder and managing partner of Moon Pursuit Capital, stated that the rebound of Bitcoin after the U.S. midterm elections remains a fragile relief rally rather than a confirmed recovery. He pointed out that the rise on Wednesday reflects relief buying and short covering after the elections eliminated some political uncertainty, but selling pressure returned on Thursday, quickly reversing the recovery. Bitcoin briefly reclaimed $80,000 on Wednesday, then fell to around $75,000 on Thursday.Ahuja believes that the market may have digested part of the probability of a Democratic victory, and continued weakness in November would not be surprising. He maintains a constructive outlook for the long-term, suggesting that if liquidity improves and institutional demand continues to return, Bitcoin could rise to the range of $120,000 to $150,000 by the end of 2027. He stated that to confirm a sustained recovery, it is necessary to observe spot buying, inflows into Bitcoin ETFs, and whether Bitcoin can reclaim lost ground and hold during pullbacks. He also mentioned that Democratic control of Congress could delay or reshape legislation such as the Clarity Act, but global liquidity, interest rates, and institutional demand are more important for Bitcoin's long-term trend.

According to Catcher Predict monitoring, in the Polymarket event "Magic vs. Suns," the "Yes" option for the sub-market "Desmond Bane: Points O/U 9.5" has experienced significant fluctuations in winning probability, soaring from 59% an hour ago to the current 88.5% (a fluctuation of 29.5%). Please note the impact of related breaking news.

Agility Robotics, a humanoid robot manufacturer supported by companies like NVIDIA and Amazon, has completed its merger with special purpose acquisition company Churchill Capital Corp XI and has begun trading on NASDAQ under the stock ticker AGLT, becoming the first publicly listed humanoid robot manufacturer in the United States. This transaction values Agility Robotics at approximately $2.5 billion and is expected to raise about $465 million in funding.

According to Digital Asset, the Civil Division 63 of the Seoul Central District Court in South Korea dismissed all lawsuits filed by Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, against its competitor, the second-largest cryptocurrency exchange Bithumb, and ordered Dunamu to bear all litigation costs.Previously, Dunamu accused Bithumb of copying its API documentation and sought compensation of approximately 200 million Korean won (about 140,000 USD).

OpenAI founder Sam Altman posted on X, stating: Humanity should always be in control of the future. He expressed that OpenAI opposes the view that it is acceptable for humanity to be reduced to only doing "things that AI systems deem worthy for humans to do."Sam Altman also stated: Humanity should not cede control of the future to superintelligence, and this requirement should ultimately constrain AI progress. His account bio clearly states that OpenAI's mission is to ensure that general artificial intelligence benefits all of humanity.

Liquid Capital founder Yi Lihua stated that the short-term market has withstood this black swan event. Currently, the expectation for the midterm elections is that the Republican Party will lose both houses; if they can win one, it would be considered a positive. Additionally, the peak of U.S. Treasury yields has passed, so there is significant divergence at the current position.Many people are discussing the AI bubble, but the demand for AI is real and is completely different from the internet bubble of the past. A short-term adjustment period after overheating is very normal and does not reach the scale of a major bubble.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the "Magic vs. Raptors" event, the "Yes" option for the sub-market "Desmond Bane: Points O/U 14.5" has experienced a dramatic fluctuation in winning probability, soaring from 41% an hour ago to the current 67% (a fluctuation of 26%). Please note the impact of related breaking news.

According to a report from DeepMind Institute, Google DeepMind researchers Alex Imas, Andrew Koh, and co-founder Shane Legg stated that the enhancement of individual AI capabilities will only gradually affect wages and prices. It is only when the collaborative abilities of multiple agents surpass the "super-collaboration" threshold that market concentration, employment, and wages will experience a sudden change.The article divides the development of AI into four stages: minimal AGI, super-competent AI, super-collaborative AI, and ASI. The article points out that current AI has strong individual capabilities but weak collaborative abilities, and changes in wages and job positions will occur before changes in corporate structures. The authors call for the establishment of benchmarks to measure the organizational capabilities of multiple agents.

According to crypto journalist Eleanor Terrett, in response to claims that a Nasdaq representative attempted to dissuade listed companies from tokenizing stocks through OKXICE's TSV program, a Nasdaq spokesperson declined to comment.Nasdaq reiterated that it does not plan to participate in a trading platform operating under the SEC's innovation exemption, believing that this is not the best path to achieve tokenization. It will continue to promote a Nasdaq equity token model centered around issuers, achieving tokenization within the existing market framework.