Binance News

Anthropic still plans to list before Thanksgiving at a $1.25T-$1.75T valuation, raising $80B-$100B despite the tech sell-off. US stocks closed mixed Friday as chips rebounded (Philadelphia Semiconductor Index +4.21%), while October payrolls of 165,000 beat expectations and lifted December hike odds to 78% from 70%. Tuesday’s October CPI is the next test, with consensus at 3.7% headline and 2.5% core. Bitcoin ETFs saw $412M in outflows, $403M from IBIT. China’s central bank extended its gold-buying streak to two years.Anthropic Still Plans Pre-Thanksgiving IPO, Targeting Up to $1.75 Trillion ValuationAnthropic plans to list before US Thanksgiving, targeting $1.25T-$1.75T and proceeds of $80B-$100B, per the Financial Times via ChainCatcher. The midpoint of about $1.5T is below the $2T some investors had expected, as tech stocks sell off. Investors said it hopes to list on schedule even at a lower valuation. Q3 revenue grew nearly 50% to about $17B, and the annualized run rate is about $81B, up from $65B at end-July. It plans about $900B of compute and infrastructure spending over the coming years and holds nearly $150B in cash and liquid investments. JPMorgan is expected to brief potential investors on November 13.Mixed Close as Chip Stocks Rebound, Microsoft Winds Down Oracle AI Computing DealThe Dow fell 0.46% to 51,285.73, the S&P 500 rose 0.31% to 7,376.86 and the Nasdaq gained 1.09% to 24,579.42. The Philadelphia Semiconductor Index rose 4.21%: AMD over 11%, Intel over 7%, TSMC over 6%. Thursday’s data center slowdown fears had wiped out $1T from the Magnificent Seven in a day. Democratic lawmakers, including Texas governor-elect Gina Hinojosa, called for curbing data center expansion, though they take office in January. Microsoft is reportedly winding down its arrangement to rent AI computing power from Oracle. December WTI rose 0.34% to $90.83 and January Brent to $98.32. October payrolls added 165,000 jobs, well above expectations, with unemployment at 4.1%, and December hike odds rose to 78% from 70%.U.S. October CPI in Focus as Markets Weigh December Rate Hike ProspectsOctober CPI is due Tuesday, November 10, followed by PPI on Friday. Consensus is +0.3% monthly headline, +0.2% core, with annual headline steady at 3.7% and core easing to 2.5% from 2.6%. Survey data points to upside risk: ISM Services Prices Paid at 73, and S&P Global PMIs showed selling prices rising at their fastest pace since August 2022. LSEG data showed a 75% probability of a December 9 hike. Monex’s Nick Rees said that without a significant downside surprise in CPI or the November jobs report on December 4, a hike could be almost fully priced in. Seeking Alpha’s Damir Tokic argued AI bubble concerns could eventually outweigh inflation data and shift the Fed toward easing.Bitcoin ETFs See $412M in Net Outflows, With BlackRock's IBIT Losing $403MSpot Bitcoin ETFs recorded $412M in net outflows on November 6 (US Eastern Time), per PANews citing SoSoValue. IBIT posted the largest outflow at $403M, while Fidelity’s FBTC had the largest inflow at $42.8M.China’s Gold-Buying Streak Reaches Two Years as Prices FallChina’s central bank added to gold reserves in October, extending its buying streak to two years, per Bloomberg. Gold fell almost 7% in the month and ended below the $4,000 support threshold.Two flags: story 4’s source text was cut off mid-sentence, so I used only the figures before the cut. And story 2 says Hinojosa is “governor-elect” of Texas per the source; verify before publishing.

According to ChainCatcher, Ethereum co-founder Vitalik Buterin said in an October 29 interview on the Silicon Valley 101 podcast that he did not expect his SHIB donation to be worth hundreds of millions of dollars and would have made a different decision had he known. He recalled investing $25,000 in DOGE, which later grew in value to more than $10 million. The SHIB project had sent half of its total token supply to his public wallet. Buterin sold some of the tokens for about $70 million in ETH but held a large remainder because of limited market liquidity, then donated it to an Indian COVID relief organization and the Future of Life Institute. He had expected the recipients to cash out at most just over $20 million.

Tom Lee, chairman of Bitcoin treasury company Bitmine, said in an interview with CNBC that the AI investment boom is far from over. According to Odaily, Lee said increased use of tokens could drive continued growth in demand for computing resources, tightening supply again and pushing related prices higher. He said bottlenecks in AI infrastructure could return to focus. Many U.S. states and local communities welcome the economic benefits of AI investment but also seek to shape projects according to local conditions and strengthen AI safety oversight.

Hong Kong’s Securities and Futures Commission said it will expand its list of restricted titles and establish a mechanism to update it more quickly. According to Odaily, the proposed amendments received broad market support, and regulatory coverage will also extend to virtual assets.

Cyber, a social data protocol, said it repurchased approximately $13 million worth of CYBER tokens over the past year. According to Foresight News, the protocol said it would continue supporting the growth and development of its ecosystem.

A smart-money wallet beginning with 0x32c spent $19.62 million on-chain to buy 8,773.52 ETH three hours ago, at an average cost of $2,236.75 per ETH. According to Foresight News, citing monitoring by @ai_9684xtpa, the wallet previously bought 7,543 ETH at the March low of $2,048.69.

Spot Bitcoin ETFs recorded $412 million in net outflows on November 6 (U.S. Eastern Time), with BlackRock's IBIT posting the largest outflow at $403 million. According to PANews, citing SoSoValue data, Fidelity's FBTC recorded the largest net inflow, at $42.8 million, bringing its cumulative net inflows to $10.266 billion. IBIT's cumulative net inflows stood at $65.101 billion.

According to ChainCatcher citing the Financial Times, Anthropic plans to move ahead with an IPO before U.S. Thanksgiving, targeting a valuation of $1.25 trillion to $1.75 trillion and proceeds of $80 billion to $100 billion. The expected midpoint is about $1.5 trillion, below the $2 trillion some investors had previously anticipated, as technology stocks face a steep sell-off.
Investors familiar with the matter said Anthropic hopes to list on schedule even if it must accept a lower valuation. The company’s third-quarter revenue grew nearly 50% to about $17 billion, while its latest annualized revenue run rate was about $81 billion, up from $65 billion at the end of July.
Anthropic plans to spend about $900 billion on computing capacity and infrastructure over the coming years. It currently has nearly $150 billion in cash and liquid investments. JPMorgan is expected to hold a briefing for potential investors on November 13.

On Nov 07, 2026, 10:28 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 76,000 USDT and is now trading at 75,963.90625 USDT, with a narrowed 0.23% decrease in 24 hours.

Hong Kong’s Securities and Futures Commission has issued consultation conclusions proposing amendments to two ordinances to restrict unauthorized entities from using certain terms that could lead the public to believe they are regulated by the SFC or affiliated with an exchange, clearing house, or virtual asset trading platform. According to Odaily, the proposed restrictions cover terms such as “crypto” and “exchange.”

U.S. inflation data due next week will be closely watched as investors assess whether persistent price pressures could prompt the Federal Reserve to raise interest rates again in December. However, growing concerns over the AI investment boom and its potential impact on economic growth add uncertainty to the policy outlook.
The Bureau of Labor Statistics is scheduled to release October's Consumer Price Index (CPI) report on Tuesday, November 10. The data will be followed by October's Producer Price Index (PPI) report on Friday, as well as speeches from Fed officials.
According to a market analysis published by Seeking Alpha, consensus expectations point to a 0.3% monthly increase in headline CPI and a 0.2% rise in core CPI, excluding food and energy. Annual headline inflation is expected to remain at 3.7%, while core inflation could ease to 2.5% from 2.6% in September.
However, recent economic surveys suggest inflation could come in hotter than expected. October's ISM Services Prices Paid index stood at 73, indicating persistent cost pressures in the sector. S&P Global's October PMI surveys also showed that selling prices for goods and services rose at their fastest pace since August 2022.
Businesses cited higher energy and fuel costs, tariffs, raw material shortages, freight expenses and wages as contributing factors.
Housing inflation is another area to watch. According to Zillow's latest forecast, annual rent inflation could reach approximately 3.1% by the end of 2026, while owners' equivalent rent could approach 3.4%. The stabilization and potential recovery in rents could limit further declines in shelter inflation.
December Rate Hike Expectations
Stronger inflation and recent employment data have strengthened expectations for another Fed rate increase. According to LSEG data cited by Dow Jones Newswires on November 6, money markets were pricing in a 75% probability of a 25-basis-point hike at the Fed's December 9 meeting.
Nick Rees, head of macro research at Monex, said that without a significant downside surprise in the October CPI report or the November jobs report due December 4, a December rate hike could become almost fully priced in before the meeting.
ING analysts also expect both headline and core CPI to rise 0.3% month over month in October, a reading that could further support the case for tighter monetary policy.
AI Investment Risks Add to Market Uncertainty
Despite the renewed focus on inflation, the outlook for technology investment could also influence market expectations for Fed policy.
In a November 6 analysis, Seeking Alpha contributor Damir Tokic argued that concerns over a potential AI investment bubble could eventually outweigh backward-looking inflation data. He pointed to credit concerns surrounding CoreWeave and developments in China's semiconductor industry as signs of growing pressure on the sector.
A broader pullback in AI infrastructure spending could weigh on business investment and economic growth, potentially increasing recession risks and shifting the Fed's attention toward monetary easing.
For now, however, the October CPI report remains a key near-term catalyst. A stronger-than-expected reading could reinforce expectations of a December rate hike, while weaker data may ease pressure on the Fed. Investors will also monitor energy prices and developments in the AI sector as they assess the outlook for equities, bonds and cryptocurrencies.

According to ChainCatcher, ARK ETF Trust filed registration documents with the U.S. Securities and Exchange Commission for 14 thematic ETFs covering areas including artificial intelligence, robotics, biotechnology and tokenized-market infrastructure. The preliminary prospectus is dated November 6 and is expected to become effective 75 days after filing.
One proposed fund, the ARK Tokenized Market Infrastructure ETF, would invest in companies providing infrastructure for real-world asset tokenization and on-chain capital markets, including tokenization platforms, stablecoin issuers, exchanges, brokers, custodians and settlement networks. The other proposed funds are ARK Neobanks ETF, ARK Agentic Cyber Defense ETF, ARK Neoclouds ETF, ARK Frontier AI Labs ETF, ARK AI Agents ETF, ARK Orbital Data Centers ETF, ARK Robotaxis ETF, ARK Humanoid Robots & Physical AI ETF, ARK Brain Computer Interfaces & Surgical Robotics ETF, ARK Longevity ETF, ARK Peptides ETF, ARK AI Factory ETF and ARK Functional Cures ETF. Tickers have not been determined, and the SEC has neither approved nor rejected the securities.

The U.S. Securities and Exchange Commission (SEC) submitted a proposal for crypto broker-dealer rules to the White House for regulatory review on November 3, 2026. According to Odaily, the proposal covers four provisions under the Securities Exchange Act: Rules 15c3-1, 15c3-3, 17a-3 and 17a-4. They concern net capital requirements, customer asset protection, recordkeeping and record retention. No draft or publication timeline has been made public.
An SEC staff statement issued in December 2025 provided guidance on some crypto asset custody arrangements but did not amend the rules or establish comprehensive custody standards.
Democrats won majorities in both chambers of Congress in the November 3, 2026, midterm elections and are expected to take control when the new Congress begins on January 3, 2027. Congressional Democrats could oversee the proposal through hearings, document requests and funding negotiations. Its adoption will depend on subsequent regulatory proceedings.

BNB Chain announced on X that its Red Alarm service flags potentially high-risk decentralized applications (dApps) and contracts, providing users with more information. The chain described user safety as ongoing work across crypto and said Red Alarm contributes to that effort.

Wintermute has accumulated $222 million in profits on Hyperliquid and holds $125.87 million in open positions, including $115.76 million in short positions. According to Odaily, Onchain Lens data shows Wintermute earned $18.83 million over the past 30 days and has $3.46 million in unrealized profits. Its largest short positions are ETH at $26.16 million, BTC at $19.79 million, HYPE at $15.23 million and SOL at $12.72 million.

According to ChainCatcher, Tether CEO Paolo Ardoino disclosed that Tether’s technology stack will support Bluetooth. He also released a demonstration video showing a model car being controlled through a phone interface.

According to ChainCatcher, more than six members of Blockworks’ research team announced their departures on social media on November 6. Those named included senior research analyst Jake Koch-Gallup, research analysts Nick Carpineto and Kunal Doshi, senior protocol strategist Silvio Busonero, and founding research team member Westie Revacc. The posts did not specify reasons for the departures. Koch-Gallup linked them to a strategic shift at Blockworks, saying the company was moving its focus away from research and toward other areas.
On November 3, Blockworks announced that its MCP product was open to all users, allowing them to connect Blockworks to Claude, ChatGPT, Cursor, or other MCP clients to build agents. In June, Blockworks announced its acquisition of crypto research platform Messari.

Fundstrat’s Tom Lee said he would buy the AI-stock dip and expects a 15% Nasdaq rally, while JPMorgan Asset Management portfolio manager Jack Caffrey called the selloff normal. The Nasdaq-100 fell 6.36% and erased $2.3 trillion in value a day earlier, according to BeInCrypto. Caffrey said companies he met this week had 12- to 24-month order backlogs. On Friday, US payrolls rose 165,000 in October, versus roughly 65,000 expected, lifting bets on a December Fed rate hike.

Dash urged users not to use Eclipse, saying some users lost funds while attempting trades and have not been fully compensated. According to Odaily, Dash recommended platforms such as Maya Protocol and NEAR Intents, where swap processes can be viewed through block explorers.

据金十数据报道，Meta Platforms(META.O)在Muse应用中推出Spaces功能。

Bitcoin mining difficulty has remained below its all-time high for 374 consecutive days, setting a record for the longest such period in the network’s history. According to Odaily, the stretch exceeds the 364 days after the 2011 market crash and the 253 days following China’s 2021 mining ban.
Economist Saifedean Ammous said neither the 95% Bitcoin price decline in 2011 nor China’s mining ban in 2021 led to a longer period of low mining difficulty. The metric fell to 124.93T in mid-June 2026, about 20% below its 155.97T peak, recorded on October 29, 2025, before recovering to 148.36T in October. Mempool.space estimates the next difficulty adjustment will occur around November 13 and could bring a decline of about 3.7%.

Hyperliquid News said the minimum amount for transferring USDC from HyperEVM to HyperCore is now 1 USDC. According to Odaily, transfers below 1 USDC will not be credited to HyperCore.

According to ChainCatcher citing SoSoValue, U.S. spot ZEC ETFs recorded total net inflows of $1.77 million on Nov. 6 (U.S. Eastern Time). Zcash ETF (ZCSH) was the only fund to post inflows that day, bringing its cumulative net inflows to $209 million. As of publication, the ETFs had $772 million in total net assets, with a ZEC net asset ratio of 3.40% and cumulative historical net inflows of $209 million.

The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board withdrew a proposal to lower the information-collection threshold for certain cross-border crypto transfers from $3,000 to $250. According to Odaily, the agencies received nearly 3,000 comments, most opposing the lower threshold over concerns about compliance costs for smaller institutions and privacy risks from retaining more personal information.
The joint withdrawal notice was submitted on November 6 and is set to take effect on November 9. The agencies said they would seek public comment again before issuing a final rule if they pursue similar changes in the future.
The agencies also cited developments in the crypto industry and changes to the legal framework, including the payment stablecoin regulatory framework established by the GENIUS Act. The act took effect on July 18, 2025, establishing federal rules for payment stablecoin issuers.

Wall Street’s AI rout sent US markets and then Asian markets tumbling, renewing questions about the sustainability of the global AI boom and where the next opportunities lie, according to Bloomberg.

Former FBI agent Patrick Steven Yaroch admitted stealing about $2.47 million in cryptocurrency and pleaded guilty to wire fraud and money laundering on November 5. According to Foresight News, the U.S. Department of Justice said Yaroch used credentials obtained through his position to make about 100 fraudulent transfers involving 35 separate investigations.
The stolen assets came from wallets controlled by investigation subjects and hostile state actors, as well as at least one wallet the FBI created for an operation. Court documents say Yaroch concealed the funds’ origins through asset conversions and repeated transfers, and used some of the money to pay personal debts. The Justice Department said his conduct damaged investigations and related intelligence sources and methods. Sentencing is scheduled for March 4, 2027, and Yaroch faces up to 20 years in prison.

Bitdeer sold 258.6 BTC this week and maintained zero bitcoin holdings. According to Odaily, the company’s weekly update said it produced 258.6 BTC as of November 6, sold all of it, and had no net additions; its holdings remained at zero, excluding customer deposits.

Hyperliquid said on Discord that it will upgrade its network around 4:15 PM on November 7. According to Foresight News, services are expected to be paused for about 10 minutes.

Circle minted 250 million USDC on Solana, and Solscan data shows the transaction was executed by Circle’s minting address. According to Odaily, Whale Alert recorded the mint at 6:06 (UTC+8).

U.S. stocks stabilized Friday with the three major indexes closing mixed. Dip-buying buoyed the market as chip stocks rebounded, offsetting concerns that the Federal Reserve will hike rates in December. The Dow fell 237.32 points, or 0.46%, to 51,285.73; the S&P 500 rose 23.13 points, or 0.31%, to 7,376.86; and the Nasdaq gained 264.42 points, or 1.09%, to 24,579.42, according to Sina Finance.
Among the "Magnificent Seven," Tesla rose 4.23%, Nvidia gained 2.78%, Meta Platforms added 0.84%, Google rose 0.78%, Amazon fell 0.35%, Apple declined 0.52%, and Microsoft dropped 0.99%. Semiconductors led gains, with the Philadelphia Semiconductor Index up 4.21%. AMD surged over 11%, Intel over 7%, TSMC over 6%, and Qualcomm and ASML over 5%. Concerns over a potential slowdown in data center construction had hammered U.S. stocks on Thursday, wiping out $1 trillion in combined market value from the "Magnificent Seven" in a single day.
Democratic lawmakers called for curbing data center expansion after sweeping elections. Texas governor-elect Gina Hinojosa said in an interview, "We will have laws to protect Texans, and we need to stop what we are doing with data centers until we have those protections." Chris Grisanti of MAI Capital Management said investor concerns may persist since Hinojosa and others will not take office until January, but he remained optimistic about AI, believing construction-related deals will eventually close.
Friday's optimism was tempered by reports that Microsoft is gradually terminating its arrangement to rent AI computing power from Oracle, having fueled the "new cloud" boom through major contracts with CoreWeave, Nscale, and Nebius.
Oil prices ticked higher, with December WTI crude rising 31 cents to $90.83 per barrel, up 0.34%, and January Brent up 3 cents to $98.32 per barrel, up 0.03%. The S&P 500 energy index posted a double-digit weekly decline. Investors also digested the latest nonfarm payroll report, which showed 165,000 jobs added in October, well above expectations. The unemployment rate fell to 4.1%, indicating labor market resilience. FedWatch data showed traders increased bets on a Fed rate hike as early as next month, with the December hike probability rising to 78% from 70%.

According to CNBC, Anthropic is preparing for a potential Nasdaq IPO, likely targeting a mid-November debut, as opposition to AI and data centers grows. Local communities opposed data center-related ballot measures in 40 out of 41 cases during this week’s midterm elections, and candidates who backed stricter AI regulation won in Michigan, Ohio, Texas and Georgia. Investors see Anthropic targeting a valuation of $1 trillion to $1.5 trillion, down from the $2 trillion target floated in recent months. In an amended IPO prospectus this week, the company disclosed about $895.4 billion in aggregate committed spending under purchase commitments and lease agreements, substantially all related to compute and infrastructure.

BNB Chain announced on X that CAS20 will give token creators standard tools to manage transfer permissions, set how many tokens exist and pause transfers. The post says Jenner adds the underlying capability for these functions. Together, the changes are described as part of continued work on BSC as BNB Chain develops its new L1.
CAS20 is presented as the set of tools for creators to control who can transfer tokens, determine the number of tokens that exist and pause transfers. Jenner, in turn, is identified as the capability underlying those controls. The announcement links the CAS20 tools and Jenner’s supporting functionality, describing them together as ongoing development work on BSC in the context of BNB Chain’s new L1. It does not specify a release date or provide further technical details about the upgrade.

According to ChainCatcher citing Bloomingbit, Blockstream said in its third-quarter business update that Bitcoin could prepare for future quantum-computer attacks by adopting new digital signature technology. The company’s team compared three lattice-based schemes: Dilithium, Falcon, and Hawk.
Researchers said Falcon-1024 offers the best balance of data size, verification speed, and maturity of its security foundations. They said it would be their choice if Bitcoin needed a lattice-based signature scheme today. Key challenges include finalizing the Falcon standard, developing verified implementations, and managing the memory demands on hardware wallets. The team described hash-based signatures as a more conservative near-term option and said the two approaches could be combined once Falcon’s standards and implementation technology mature, potentially improving security and processing efficiency.

HyperLabs, the Hyperliquid development team, distributed 179,700 HYPE, valued at $14.49 million, to wallets belonging to six team members 11 hours ago. According to Odaily, on-chain analyst Ember said the tokens had been redeemed from staking a few days earlier.

An address identified as 0xBA2…aB9ff accumulated 740,000 LINK and 3,046.68 ETH over the past five days, spending a total of $15.15 million. According to Odaily, blockchain analyst Ai Yi tracked the address, which now holds 787,000 LINK. After adding to its position, the address’s cost basis fell to about $11.24 per LINK, leaving it with an unrealized loss of $366,000.

According to ChainCatcher, crypto wallet Keplr has suspended Google and Apple social login after users reported unauthorized transactions on their accounts. Keplr said in an initial assessment that accounts restored with a seed phrase or using a hardware wallet were unaffected. It advised users who created accounts through social login to stop transferring funds into them.

Suspicious prediction market bets were placed shortly before two recent New York Times/Siena political polls became public, according to a report. According to Cointelegraph, Vanderbilt University researchers said a Polymarket user wagered almost $200,000 on Oct. 31 that Nebraska Senator Pete Ricketts would be re-elected, and a Times/Siena poll released an hour later showed Ricketts in the lead. A Friday report by The New York Times said it was unclear whether the user had access to inside information, but the bettor won more than $77,000. The user also placed similar large bets on other markets, including Kalshi. Brett Goldstein of the Vanderbilt Institute of National Security said the circumstances were difficult to dismiss as random and required further investigation. Polymarket said it had identified the trades and was investigating, while Kalshi declined to comment.
Cointelegraph reported in April that a US Army soldier had been charged after allegedly earning more than $400,000 by betting on a prediction market using nonpublic information connected to a US operation involving then Venezuelan President Nicolás Maduro. The Department of Justice alleged that Master Sergeant Gannon Ken Van Dyke participated in planning and carrying out Operation Absolute Resolve, which led to Maduro’s capture at a residence in Caracas, Venezuela, in January. According to the DOJ, Van Dyke allegedly used that information to purchase “yes” shares in Polymarket contracts tied to the operation, including “Maduro out by January 31” and “Trump invokes War Powers against Venezuela by January 31.” The cases involve separate prediction market activity, and the report did not establish whether the bets made ahead of the Times/Siena poll releases relied on inside information. Polymarket said its investigation into the trades was ongoing.

BNB Chain announced on X that Payment Lane reserves capacity for qualifying BNB transfers between wallets when BSC is busy. The reserved space is intended to keep unrelated activity, including trading and activity from other apps, from using all available capacity. Token payments may also qualify after they are approved for the lane.
The post distinguishes between having capacity available and knowing when that capacity is used. It says available space can help, while apps with deadlines also need precise information about when the reserved space is consumed. The announcement does not specify approval criteria for token payments or provide further technical details about how the lane works.

According to ChainCatcher citing Bitcoin News and Crypto Briefing, Bitcoin fell within 30 days of a Federal Reserve rate hike in all seven cases since 2016 when the Fed paused once and then resumed raising rates. The median decline was 2.4%. The report says the current period fits this pattern: the Fed raised rates in September, paused in October, and has recently resumed—or is expected to resume—rate hikes.
The study identified 2018 as the closest historical comparison, when Bitcoin fell 42% between the U.S. midterm elections and the December rate hike. The sample covers only seven instances, with a record of zero gains and seven declines.

Uniswap confirmed it will support V4 Hooks on Elysium, a Hyperliquid layer-2 project. According to Odaily, developers can use V4 Hooks to build customizable liquidity pools with dynamic fees and custom trading logic, while Elysium’s mainnet is expected to launch on November 9.