🏙 MIDDAY UPDATE — Monday, Nov 09 · Nov 09 · 04:05 UTC · 13:05 KST
Nvidia chaos roils markets as AI spending surges and crypto volatility spikes midday.

🕐 BTC $74,864 (-1.4%)
ETH $2,140 (-4.4%)
BNB $688 (-1.2%)
F&G 29 Fear

🌍 TOP STORIES
• US firms nearly doubled AI spending, Atlanta Fed survey reveals. — Crypto Briefing +1
• China's top-rated firm faces distress, testing rating agency credibility. — Bloomberg🔒 +1
• Senator Blumenthal demands Binance and Tether records by January 4. — Crypto Briefing +1

₿ CRYPTO
• Bitcoin drops then recovers as Nvidia scandal and Iran talks trigger swings. — CoinDesk
• Trader closes BTC and ETH shorts, booking $2.75 million profit. — PANews
• Fairshake crypto PAC spent $154.5M on midterms, backed winners won 92%. — PANews
• Zcash's shielded transactions explained: how privacy coins work fundamentally. — The Block +1

📈 MARKETS
• China's wholesale inflation hits four-year high while consumer prices stall. — Binance News +1
• Chipmaker credit costs now exceed hyperscaler protection in market shift. — Crypto Briefing
• Trump signals openness to AI guardrails, says risks are manageable. — Reuters +1

🤖 AI
• Nvidia CEO's affair engulfs AI giant amid Chinese spy investigation. — Bloomberg🔒
• AI agents processed 6.4 million payments, but institutions still hesitate. — Binance News
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