rad

UPBIT will launch Sanctum (SANC) trading on November 13 at 13:00, supporting KRW, BTC, and USDT markets. Users must complete their deposits within 1 hour after the announcement is made, and the trading support time may be delayed due to insufficient liquidity.

ChainCatcher reports, according to RootData market data, South Korea KOSPI Composite intraday: 5421.99 points, today's open: 5452.41 points, down 0.6%.

ChainCatcher reports, according to RootData market data, Nikkei 225 intraday: 61720.02 points, today's open: 61223.41 points, up 0.8%.

According to a report by Crypto Briefing, Grayscale's research indicates that the correlation between crypto assets and Bitcoin is decreasing, with Bitcoin currently explaining only about 50% of the return volatility across various crypto sectors.The report breaks down the annualized volatility and the impact of Bitcoin-related factors by sector: the annualized volatility of the currency sector is 49%, with 43% attributed to Bitcoin; the annualized volatility of the smart contract platform sector is 58%, with 38% attributed to Bitcoin; the annualized volatility of the finance sector is 59%, with 30% attributed to Bitcoin; the annualized volatility of the utilities and services sector is 67%, with 30% attributed to Bitcoin; the annualized volatility of the consumer and culture sector is 76%, with 46% attributed to Bitcoin; the artificial intelligence sector has the highest annualized volatility at 85%, with only 35% attributed to Bitcoin.The research points out that Bitcoin's own annualized volatility has recently been around 43%, while the volatility of all sectors tracked by Grayscale is higher than that of Bitcoin. The report suggests that lower correlation does not imply lower risk, but the fact that Bitcoin explains only half of the return volatility means that the other half is driven by factors specific to each sector, providing investors with a reference for assessing which sectors can offer true diversification.

Cryptocurrency exchange Gemini announced its third-quarter financial report, with total revenue for the quarter at $40.9 million, a year-over-year decrease of 19% and a quarter-over-quarter decrease of 10%, compared to $50.6 million in the same period last year. The net loss narrowed to $58.6 million, down from nearly $160 million in the same period last year and $107.7 million in the second quarter. After the financial report was released, Gemini Space Station Inc. (GEMI) saw its stock price rise 6.5% in after-hours trading to $2.79, but the cumulative decline for the year remains around 75%.The trading business is under significant pressure. Affected by the drop in trading volume from $16.4 billion in the same period last year to $4.5 billion, exchange business revenue fell 47% to $13.4 million, although trading volume increased by 18% quarter-over-quarter. Revenue from credit card operations decreased by 4% quarter-over-quarter to $15.5 million, while platform assets grew from $8.4 billion in the second quarter to $13.4 billion. Operating expenses decreased by 30% year-over-year to approximately $120 million. CEO Tyler Winklevoss stated that operating expenses have decreased for the third consecutive quarter, maintaining spending discipline while investing in growth.Forecasting market operations became a highlight, contributing $800,000 in revenue for the quarter, a quarter-over-quarter increase of 52%. The company is pushing to open its exchange and clearinghouse to brokers wishing to offer event contracts and signed a letter of intent with Apex Fintech Solutions in August to provide cryptocurrency event contracts, although this deal has not yet been finalized. President Cameron Winklevoss stated that Gemini 2 bets on platforms that can sustain themselves long-term will control the underlying regulated infrastructure.

Arbitrum cites EVEDEX data stating that the total value locked on this perpetual contract trading platform has increased by 418% over 12 months.

Intel (INTC.O) announced a collaboration with RadixArk to advance open AI inference on the Intel platform.

Injective announced on the X platform that the Injective Veyra mainnet upgrade is now open for voting. This is the last major upgrade for Injective in 2026, which will introduce institutional-grade RWA infrastructure, expand enterprise gateways, and lay the foundation for native privacy through CypherOS.

ChainCatcher reports, according to RootData market data, US stocks intraday chip stocks down: NVDA.O down 13.1%, MRVL.O down 7.5%, ARM.O down 6.3%, MU.O down 5.3%, INTC.O down 4.9%, AMAT.O down 4.4%, TSM.N down 3.6%, KLAC.O down 3.1%, LRCX.O down 2.9%, ASML.O down 2.2%.

According to monitoring by Lookonchain, after the news of Jensen Huang stepping down as CEO of Nvidia was announced, a trader's long position in NVDA contracts was completely liquidated, involving 9,959 units, worth approximately 1.54 million dollars.

According to Gate Market, U.S. chip stocks continued to decline in pre-market trading after Jensen Huang announced his resignation as CEO. Intel (INTC.O) fell 3.7%, Marvell Technology (MRVL.O) fell 5.2%, Micron Technology (MU.O) fell 5.2%, Arm (ARM.O) fell 4.1%, SK Hynix (SKHY.O) fell 5.1%, and TSMC (TSM.N) fell 3.5%.

According to Unfolded, citing CFTC position report data, as of November 3, the net short position of leveraged funds in CME standard Bitcoin futures has decreased to 12,955 BTC, down 89% from the peak of 115,985 BTC on December 17, 2024, marking the lowest level since February 2023, indicating that hedge funds have significantly closed their Bitcoin basis trades.Unfolded stated that the arbitrage buying that previously boosted ETF inflows has essentially disappeared, and the capital flow into spot ETFs will more reflect genuine directional demand, with structural buying that can act as a buffer during price declines also decreasing.

The Non-Small Number AI officially launched the trading module, supporting wallet creation, and added a position page, thus extending AI services from information and market viewing to trading and position management. The trading module supports Hyperliquid perpetual contracts, BSC spot trading, and cross-chain bridges.At the same time, the Non-Small Number main site information module integrates over 100 authoritative Web3 content sources, with content deduplicated by AI before aggregation, enhancing the capabilities of its Web3 expert model.The Non-Small Number AI has added an independent information page that can synchronize real-time with the main site information; an independent market page has been added, currently used for viewing market data, which has laid the necessary groundwork for the upcoming trading features.It is reported that the Non-Small Number trading system is under development and will be launched soon.

According to the official announcement, Binance has launched a new feature called SquareLeaderboards (Trading Leaderboard) in Binance Square. This feature aggregates trading rankings and supports browsing shared futures trades, smart money signals, and trading results. Users can also generate personal ranking posters and achievement posters for the past 7 days or 30 days to share.

According to Jinshi Data, Bank of America Global Research has lowered the target price for Nvidia from $350 to $280. Investment bank Evercore ISI has downgraded Nvidia's rating from "Outperform" to "In Line" and has reduced the target price from $465 to $186.

According to official news, the on-chain smart money signals of the Binance wallet now support automated trading through Agentic Wallet. Users can utilize the "On-chain Copy Trading Skill" to allow the Binance Agentic Wallet to automatically buy when corresponding signals are detected, and simultaneously set stop-loss and take-profit rules.The operations listed by the official source include: configuring and installing the on-chain copy trading Skill for the Agent; selecting the on-chain smart money signals of the Binance wallet as the trading trigger source; setting the target blockchain, trading budget, position size, and take-profit and stop-loss rules; first conducting a free simulation run and observing the strategy's performance, adjusting parameters based on the results, and confirming before switching to live trading.The official source stated that the entire trading process can be fully automated and run around the clock. Once users set a trading strategy, subsequent copy trading will be executed automatically by the system.

According to the official announcement, Gate has launched 5 perpetual contracts for US stocks including FRHC (Freedom Holdings), DUOL (Duolingo), FISV (Fiserv), KMB (Kimberly-Clark), and MS (Morgan Stanley) in the stock derivatives section at 17:00 (UTC+8) on November 12. The underlying assets cover key sectors such as multinational comprehensive finance, online education, global payment technology, daily consumer goods, and international top investment banks, further enriching the platform's matrix of US stock contracts.The contracts launched this time are settled in USDT, support 1-20 times leverage for both long and short positions, and will open trading bot and copy trading functions within 1 hour after launch.