THE IMF HAS FLAGGED $1.4 TRILLION IN CIRCULAR AI DEALS. Big Tech is funding its own customers so they can keep buying from Big Tech. Here is every known AI circular financing loop right now: 1. Nvidia ↔ OpenAI: Nvidia invested $30 billion in OpenAI and guarantees up to $105 billion of its Ohio data center leases. OpenAI fills those data centers with Nvidia chips. 2. Oracle ↔ OpenAI: OpenAI signed a $300 billion cloud deal with Oracle. Oracle is borrowing heavily to build the data centers for it. 3. Microsoft ↔ OpenAI: Microsoft owns about 27% of OpenAI. OpenAI committed $250 billion to Microsoft's Azure cloud. 4. SoftBank ↔ OpenAI: SoftBank invested $64.6 billion in OpenAI. OpenAI rents data centers from SoftBank's SB Energy. 5. Amazon ↔ OpenAI: Amazon is investing up to $50 billion in OpenAI. OpenAI expanded its Amazon cloud deal by $100 billion. 6. AMD ↔ OpenAI: AMD gave OpenAI the right to buy up to 160 million AMD shares for $0.01 each. In return, OpenAI buys AMD chips. 7. Google ↔ Anthropic: Google is investing up to $40 billion in Anthropic. Anthropic committed at least $121 billion to Google Cloud. 8. Amazon ↔ Anthropic: Amazon is investing up to $33 billion in Anthropic. Anthropic committed at least $110 billion to Amazon's cloud. 9. Broadcom ↔ Anthropic: Banks lent $63 billion to a special company that buys Broadcom chips and leases them to Anthropic. Broadcom backs the chips' resale value. 10. Microsoft + Nvidia ↔ Anthropic: They are investing up to $15 billion combined. Anthropic committed at least $44.9 billion to Microsoft's cloud. 11. SpaceX ↔ Anthropic: SpaceX borrowed $40 billion to buy Nvidia chips and sells the computing power to Anthropic. Nvidia is a SpaceX shareholder. 12. Nvidia ↔ CoreWeave: Nvidia owns about 11% of CoreWeave and agreed to buy $6.3 billion of its unused capacity. CoreWeave buys Nvidia chips. 13. Nvidia ↔ neoclouds: Nvidia agreed to buy $36 billion of cloud capacity from smaller AI cloud companies. They use that guaranteed income to borrow and buy Nvidia chips. 14. Microsoft ↔ Nscale, Nebius, IREN: Microsoft signed up to $70.9 billion in contracts with them. They use the money to buy GPUs. 15. Google ↔ former bitcoin miners: Google guarantees billions in leases at TeraWulf and Cipher and gets their shares in return. 16. Meta ↔ Blue Owl: A $27.3 billion data center was built through a joint company, with Meta backing it with a $28 billion guarantee. 17. Anthropic IPO: Its chip and cloud suppliers, Nvidia, Google, AMD, Micron, Broadcom and Microsoft, are buying $26 billion of its shares. Anthropic owes those same companies hundreds of billions in future spending. When money keeps flowing, these loops make everyone's revenue look strong. $NVDAB $MSFTB $AMDB #NVIDIA #WhatWillDriveCryptoandStocks’NextRebound? #BinanceSquareTalks #SpaceX #Microsoft
Alaya $AGT is set to unlock approximately 164.17 million tokens on November 16 at 12:00 AM (UTC+8), worth an estimated $4.07 million, according to ChainCatcher, citing RootData.
🚨ONE BANK FAILURE HAS NOW TURNED INTO A NATIONAL CRISIS IN PARAGUAY.
24 hours ago, the central bank shut down ueno bank, a bank used by 60% of the country's adults.
Now the damage is spreading.
• 13 mutual funds run by 5 different firms have frozen withdrawals because their money was invested in ueno
• Trading in all of ueno's bonds has been suspended
• $380M from the state pension fund is stuck, along with money from the state power company and the Itaipú dam
• 2 out of every 3 card payments at big stores ran through ueno, and Paraguay's main importers' association says retail is now "semi paralyzed"
Customers can only get back up to $1,700 for now, with no date given.
The political fallout is just as big.
The central bank chief, who used to run ueno, has resigned. President Peña cancelled a foreign trip to deal with the crisis, and authorities have ordered the arrest of 8 bank executives.
The anger has now reached the streets and Widespread protests are happening now.
The central bank says this is a one-off.
But in October, Paraguay's 14 private banks had already asked it to report on the solvency of other lenders.
1. Gold can be created in a lab. 2. China’s AI bubble popped, erasing trillions. 3. Google crashed -13%, erasing $482 billion in a single day, its worst drop ever. 4. US plans another operation against Iran. 5. Crypto exchange Binance got hacked for $5.6 billion, the largest heist in human history.
❄️ ❄️ ❄️ A total of 2.37 Billion in $USDT and $USDC has been frozen the past 40 minutes. Impressive reaction time by the #Binance, #Tether and #Circle teams!
Binance got hacked. Here's how it compares to the Bybit hack last year.
▶️ Bybit (Feb 2025) About $1.5B was stolen, and none of it came back. BTC dropped 4.5% that day and ETH 7.7%. Both bounced back the next day. Later that week they fell much further, because of tariffs and a weak market.
▶️ Binance (now) About $5.6B left Binance. That's the biggest crypto hack ever, more than 3x Bybit. Tether and Circle froze around $2B of it. That still leaves over $3B stolen, including about $1.5B in BTC. The first drop was bigger: BTC fell 3.2% and ETH 4.5% in the first hour. Right now BTC is about 2% down and ETH about 3%.
What this tells us The hack causes the first drop. The big drops usually come from the wider market, not the hack itself.
What I'm watching BTC needs to hold $77.7K. Getting back above $80K would be a good sign.