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AI cloud computing company Nebius announced its third-quarter financial report, with revenue increasing by 571% year-on-year to $981 million, exceeding market expectations by about 8%; adjusted EBITDA reached $466 million, also higher than the expected $357 million. However, the company expects its full-year revenue for 2026 to fall at the lower end of the guidance range of $3 billion to $3.4 billion, below the market expectation of about $3.37 billion.What draws more market attention is that Nebius expects capital expenditures in 2027 to reach $40 billion to $45 billion, while providing a revenue outlook of $12 billion to $13 billion, approximately four times that of 2026. The company stated that customer prepayments and investment-grade contract asset-backed financing are expected to cover 75% to 85% of next year's capital expenditures, with the scale of prepayments expected to increase from about $10 billion this year to $17 billion to $20 billion.The company's CEO stated that since the third quarter, the total value of newly signed contracts has exceeded $12 billion, with Databricks, Datadog, Palantir, and Snowflake all signing multi-year agreements with the company for the first time. Despite significantly exceeding expectations, the full-year revenue guidance fell short of expectations, and the capital expenditure plan of up to $45 billion next year has raised market concerns about AI infrastructure expansion and financing pressures.

According to Brazilian media Portal do Bitcoin, Ailton de Aquino Santos, the Director of Regulation at the Central Bank of Brazil, stated that about 30% of the applications for licenses from cryptocurrency service providers have issues with registered capital not meeting regulatory requirements, and many applying institutions have not submitted audited financial statements.The Central Bank of Brazil previously announced 120 cryptocurrency license applications, of which 119 are still under review, and 1 has been rejected. According to the new regulations, the minimum capital requirement for cryptocurrency trading and intermediary service providers can reach 37.2 million reais (approximately 7 million USD). Currently, the regulatory authority has not disclosed the list of non-compliant companies, and the 30% non-compliance ratio does not mean that the same proportion of applications will ultimately be rejected.

According to Crypto Briefing, Dubai-based Cequire Capital announced plans to invest $100 million in early-stage Web3 companies and liquid digital assets, using its own funds to support projects in five areas of blockchain infrastructure and fintech.This three-year funding will cover stablecoins and stable chains, AI and autonomous agent payments, tokenized real-world assets, privacy technology, and post-quantum security. Cequire plans to allocate 60% of the funds to venture capital, 30% to liquid assets, and 10% to co-investments, leading or co-leading seed and pre-seed rounds with investments ranging from $500,000 to $2 million. The company stated that the first $50 million is ready to be deployed, with deployment expected to be completed by the end of the next quarter.

According to Forbes, data infrastructure company Edelbyte has completed a $45 million Series A funding round, reaching a valuation of $500 million, led by Quiet Capital, with all existing investors participating. New investors include QP Ventures, Startpoint Capital, and Cerca Partners.The company had previously completed a $25 million seed round led by Sequoia, with Greenoaks and Swish Ventures participating, bringing total funding to $70 million. Edelbyte was founded in November 2025 by four former Microsoft engineers to provide a data platform for increasingly complex query workloads in the AI era.Co-founder and CEO Avner Aharoni, CTO Evgeney Ryzhyk, VP of Engineering Alexander Sloutsky, and VP of Platform Engineering Yoni Leibowitz all worked at Microsoft for about 20 years and have over a decade of experience working together.Among them, Ryzhyk and Sloutsky were part of the founding team of Microsoft's internal data platform Kusto, which later became the foundation for products like Azure Data Explorer. Edelbyte's platform integrates traditional analytics, text search, spatial queries, and AI workloads on the same infrastructure and can be deployed in public cloud, private cloud, and on-premises environments.

According to Fortune, AI sales startup Rox has completed a $100 million Series B funding round, with a valuation of $1.3 billion. This round was co-led by General Catalyst and March Capital, with Sequoia and GV continuing to invest, and Prosperity7 joining as a new investor.Rox stated that its AI agent can research customer accounts, recommend priority follow-up targets, and prepare customer outreach efforts.Rox co-founder Ishan Mukherjee said the new funds will be used for more AI research and product development, and the company plans to expand its sales, marketing, and business teams in the U.S. fivefold next year.

According to on-chain analyst Yu Jin's monitoring, as the price of ZEC has significantly dropped and fallen below 1000 USD, Abraxas Capital holds ZEC short positions at two addresses on Hyperliquid—Abraxas Capital related address (0xb83...6e36) and Abraxas Capital related address (0x5b5...8c060)—with an unrealized profit of 34.98 million USD from ZEC positions alone.The total unrealized profit of the two addresses with open positions is 118 million USD.

John Higgins, an analyst at Capital Economics, stated that following the release of higher-than-expected inflation data, U.S. Treasury yields may face further pressure in the short term. The 2-year U.S. Treasury yield has risen more than the 10-year yield, reflecting an increased market expectation that the Federal Reserve's policy will become more tightening.Capital Economics expects that if the recent stock market rebound cannot be sustained, the trend in yields may reverse.

According to DefiLlama data, Bitget ranks second among centralized exchanges (CEX) for net capital inflows in the past 24 hours, 7 days, and 30 days. Specifically, the inflow in the last 24 hours was approximately $116 million, about $166 million in the last 7 days, and around $699 million in the last 30 days.The capital inflow may be driven by the platform's high-yield financial activities. It is reported that Bitget recently launched the "Financial Carnival Season," where users can complete net recharge of specified cryptocurrencies and subscribe to corresponding flexible products, with USDT enjoying a maximum of 10% APR, ETH and XAUT a maximum of 5% APR, and BTC a maximum of 3% APR.

The cryptocurrency venture capital firm Multicoin Capital's co-head of venture capital, Spencer Applebaum, pointed out that AI has greatly lowered the threshold for protocol development, leading to rapid homogenization of pure software, while the core barriers of financial services remain outside of code.Applebaum believes that the relevant barriers mainly include three aspects: first, distribution channels centered around sticky customer relationships and order flow; second, balance sheets and capital scales that AI cannot create out of thin air, such as cross-currency prime brokers with risk resistance capabilities, and reserves backed by the protocol; third, proprietary data underwriting involving offline proprietary data and non-public risk control, such as OnRe reinsurance or GPU collateralized loans.He also stated that underlying general L1 and L2 are losing their native distribution and capital monopoly advantages. The key for startup teams to break through lies in entering high-risk tolerance markets that traditional giants are unwilling to touch due to compliance or reputation concerns, and gradually building the aforementioned barriers.

According to PR Newswire, Marble, an institutional multi-asset trading and computing credit company founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and completed a $11 million seed round financing, led by Polychain Capital, with participation from institutions such as Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and several angel investors in the AI field.Marble operates through two business lines. Marble Compute focuses on building private credit channels for AI infrastructure, connecting institutional lenders with neoclouds and GPU operators; Marble Markets builds an institutional trading platform covering digital assets, real-world assets, prediction markets, and computing power.The two founders serve as co-CEOs: Ballensweig was the global trading head at BitGo, and Marshall was the CEO of Galaxy Digital's European operations.

DeFiLlama data from November 10 shows that Huobi HTX had a net capital inflow of over 436 million USD in the past 24 hours, ranking first among mainstream centralized exchanges worldwide.It is reported that Huobi HTX launched 20 stock tokens and ETF-related assets including SNDK, SOXL, SPCX, CRCL, MSTR, SKHY, MU, TSLA, NVDA, etc. on November 9, and initiated a series of welfare activities such as zero transaction fees for limit orders.

According to the Binance Research November 2026 market monthly report summary, the total market capitalization of the cryptocurrency market fell by 9.1% in October to $2.70 trillion. The report links the market correction to inflationary pressures, expectations of interest rate hikes by the Federal Reserve, and declines in technology stocks. During the same period, the net outflow from the US spot BTC ETF was approximately $516 million, while the net outflow from the ETH ETF was about $1.6 billion.The report also mentions that the five major AI investment companies had a total capital expenditure of $230 billion in the third quarter, which is 2.2 times their operating cash flow, with a total free cash flow turning negative to about -$32 billion. Demand for AI inference continues to grow, but the revenue scale of related cryptocurrency inference service providers remains small. In addition, the tokenized stock product bStocks reached $1 billion in assets under management within 125 days of its launch, with an on-chain utilization rate of 18.54%, higher than the industry average of 13.91%.

According to Jinshi reports, Moon Pursuit Capital founder and managing partner Utkarsh Ahuja stated that persistently high inflation may limit the Federal Reserve's ability to provide monetary policy support, even as technology stocks weaken. He pointed out that recent comments from San Francisco Fed President Mary Daly regarding the possibility of further interest rate hikes in the future remind investors not to take for granted that the Federal Reserve will step in to support the market soon.Ahuja mentioned that for capital-intensive AI projects, even if market demand meets expectations, higher financing costs and longer approval cycles may reduce project returns. He also added that for companies with existing projects that have not yet generated cash flow but need to raise new funds, they face not only project execution risks but also uncertainties regarding future financing conditions.

According to The Block, Capital B purchased 12 BTC for 840,000 euros (approximately 943,000 dollars), increasing its total Bitcoin holdings to 3,550 coins. The company reported a BTC return of 2.23% year-to-date, with BTC earnings of approximately 4.2 million euros (about 4.7 million dollars) during this period.

According to Fortune, Ajay Agarwal of Bain Capital Ventures invested in the then-revenue-less, product-less, and customer-less warehouse robotics company Kiva Systems in 2004. Bain Capital later led its first round of financing, and Staples became the first customer.

According to OnchainLens monitoring, the nominal value of the open positions of Abraxas Capital's address on Hyperliquid is approximately 451.85 million USD, with short positions amounting to about 451.68 million USD and unrealized profits of approximately 30.77 million USD.The largest short positions of this address include approximately 158.66 million USD in BTC, 77.6 million USD in HYPE, 75.27 million USD in ETH, and 63.51 million USD in ZEC.

According to La Gazzetta dello Sport, Tether, which holds approximately 11.5% of Juventus shares, will participate in the €250 million capital increase plan proposed by major shareholder Exor, contributing €28.8 million (approximately $32.16 million) in accordance with its shareholding ratio.At the shareholders' meeting, Tether abstained from voting on other ordinary resolutions, including the approval of the financial report showing a loss of €66 million, the appointment of directors, and the executive incentive plan. In December 2025, Tether had proposed to acquire all shares of Juventus from the Agnelli family's holding company but was rejected.

Former Moore Capital Management portfolio manager Paul Yablon is returning all external funds from the digital asset hedge fund Room40 Capital, opting to manage his own capital and that of an institutional partner, while expanding the investment strategy from cryptocurrencies and digital assets to macro trading.Paul Yablon admitted that the $6.3 billion hacking incident at Binance highlights the ongoing security challenges faced by the cryptocurrency industry, while clarifying that Room40 Capital does not hold any assets from Binance. The main reason for this exit is the asymmetric risk-reward ratio and the fact that favorable cryptocurrency investment opportunities have become very scarce. According to informed sources, Paul Yablon will return to Moore Capital as a macro portfolio manager.

The U.S. stock market is experiencing a sell-off, and the artificial intelligence industry is influencing the direction of financial markets and the macroeconomy. As of November 3, the market capitalization of the S&P 500 index has increased by nearly $32 trillion, with half of the gains coming from 10 AI-related companies. Approximately 44%, or $610 billion, of U.S. pension holdings are linked to the technology sector.