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Patrick Witt stated in an interview that the Treasury Department has discussed potential paths for purchasing Bitcoin, including re-evaluating gold reserves, utilizing the Foreign Exchange Stabilization Fund, converting other assets, and collecting taxes and fees in Bitcoin. These proposals still require further legal validation.Bitcoin held by U.S. government agencies is undergoing a second round of verification to improve data accuracy, and it has not yet been decided whether to disclose specific holdings; the Treasury is also establishing a Bitcoin custody system that may combine self-custody and third-party custody. The position of Executive Director of the White House Crypto Council will not be filled, and related responsibilities will be shared among the White House Office of Legislative Affairs, the White House Counsel's Office, and other departments.

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "Kai Cenat Completes GTA Marathon," the "Yes" option in the sub-market "November 11 (1:59 AM ET)" experienced a dramatic fluctuation in winning probability, soaring from 33% an hour ago to the current 87.5% (a fluctuation of 54.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the Polymarket prediction market, the "Kai Cenat completes GTA marathon" event's sub-market "November 11, 2023 (3:59 AM Eastern Time)" has seen a dramatic fluctuation in the "Yes" option's winning probability, soaring from 23% an hour ago to the current 40.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to Bloomberg Technology, Path Robotics has secured $300 million in new funding, raising the company's valuation to $2.45 billion, nearly four times its previous valuation.The company develops software for autonomous manufacturing robots.

According to Catcher Predict monitoring, in the Polymarket prediction market, the "Kai Cenat completes GTA marathon" event's sub-market "November 11, 2023 (2:59 PM Eastern Time)" has seen a dramatic fluctuation in the "Yes" option's winning probability, soaring from 43% an hour ago to the current 59.5% (a fluctuation of 16.5%). Please note the impact of relevant breaking news.

According to Catcher Predict monitoring, in the market prediction event "Kai Cenat Completes GTA Marathon" on Polymarket, the "Yes" option in the sub-market "November 11 (2:59 PM ET)" experienced a sharp fluctuation in winning probability, plummeting from 45.5% an hour ago to the current 30.5% (a fluctuation of 15%). Please note the impact of related breaking news.

According to a report by the Financial Associated Press, Musk stated that Tesla is likely to rent its humanoid robots to customers rather than sell them. Tesla has initiated early production of Optimus at its Fremont factory and is expected to start delivering to external customers around the end of 2027.

According to Ethereum co-founder Vitalik Buterin, he believes that instead of positioning ETH as a fee-burning token, more emphasis should be placed on its value storage function.Vitalik stated that the role of the fee-burning narrative is not as strong as it seems, and optimizing around this goal may struggle to balance decentralization and resistance to capture; positioning it as a value storage aligns with Ethereum's advantages such as decentralization. He believes that the stability brought by these advantages has practical value for asset holders and will also be valued in an era of transformation brought by AI.He supports retaining EIP-1559 and its burning mechanism but believes that even if fee burning remains below the breakeven level of 10% in the long term, there is no need to feel disappointed, as the value of ETH comes from other aspects.

ARK Invest founder Cathie Wood stated that she does not believe the results of the U.S. midterm elections will hinder the AI revolution. She believes that the uncertainty in the market is understandable, but the economy is on a stronger growth trajectory than most investors realize.She noted that the stock market began to factor in the possibility of an extended war in Iran and expectations of a Democratic sweep in the elections as early as May and June, and the rise in oil and gasoline prices has also increased the cost of living pressure on consumers. Voters concerned about household finances made the congressional election results appear more conservative than the headlines suggested.Cathie Wood expects that data center construction companies will pay more attention to local community concerns and provide and highlight more community benefits, including lowering property taxes, increasing high-paying jobs, promoting commercial development, and funding schools and cultural facilities.She stated that the productivity gains brought by AI are accelerating and expects these benefits to translate into higher wages, stronger profit margins, more investment, and lower prices, helping to alleviate cost of living pressures. The market is currently only beginning to experience the impact of this technological revolution.

According to reports from the Financial Associated Press, Berkshire Hathaway's operating profit for the third quarter was $12.71 billion, a year-on-year decrease of 5.8%. The net profit attributable to shareholders for the third quarter was $22.112 billion, compared to $30.796 billion in the same period last year; the net earnings per Class A equivalent common share for the third quarter were $15,502; the net investment income for the third quarter was $9.407 billion, down from $17.311 billion in the same period last year.As of September 30, the company's cash holdings for the third quarter were $356.9 billion; cash reserves increased from the previous quarter to $377.4 billion, setting a new record. The company repurchased $9.6 billion in stock during the third quarter. Additionally, Berkshire Hathaway stated that as of September 30, 65% of the total fair value of the company's equity investments was concentrated in Alphabet, American Express, Apple, Bank of America, and Coca-Cola.

Indosuez Wealth Management believes that the market's current pricing of the Federal Reserve and European Central Bank's interest rate paths is still significantly more hawkish than the institution's baseline scenario. The institution's strategists Lucas Merrick and portfolio manager Alexander Bell expect that economic growth will remain stable, and inflation will gradually normalize, which will limit the central banks' room for further tightening of monetary policy.The two stated, "However, it may take some time to accumulate enough moderate core inflation and economic growth data to make this scenario a reality. In the meantime, the bond market will remain volatile." The money market currently expects that the Federal Reserve will raise interest rates by about 1.5 times in the next 12 months, while the European Central Bank will raise rates twice.

According to Loopscale monitoring, the platform has restored the priority loan function, and all loans can have additional collateral; except for loans funded by the USDC Genesis Vault, all other loans can be repaid, and borrowers can retrieve their collateral after full repayment. The collateral withdrawal function for loans related to the USDC Genesis Vault remains temporarily closed, and treasury withdrawals and other protocol functions continue to be restricted.The team is working with partners to advance the security recovery efforts. Loopscale stated that it has identified and controlled two paths exploited by the attackers during this incident. The attackers first exploited a misconfiguration of asset pricing parameters, leading to collateral deposited in the SOL Genesis Vault being incorrectly valued as another asset, resulting in approximately $412,000 in under-collateralized loans. Subsequently, the attackers sold a loan with abnormally high interest rates to the USDC Genesis Vault through atomic transaction combinations, artificially inflating its net asset value (NAV) and extracting approximately $521,000 in redemption funds; this operation was intercepted by the system within 30 seconds after the transaction was generated. Loopscale stated that user deposits will not suffer losses as a result.

Federal Reserve official Harker stated that monetary policy needs to shift to a restrictive stance, and gradual interest rate hikes have a smaller impact on the economy and financial system, making it the best path to bring inflation back to 2%.She pointed out that the inflation level in the United States is still too high and is moving in the wrong direction. Harker also stated that the independence of the Federal Reserve is crucial for achieving the 2% inflation target, and the U.S. dollar remains the world's primary reserve currency, a status supported by the U.S. institutional and legal system.

According to "Du Jia," Baidu recently launched an open model service platform called "Word Element Institute" aimed at developers, enterprise clients, and model suppliers. It is positioned as a matchmaking trading platform connecting model suppliers and consumers, gathering 42 large models, covering text and video models such as DeepSeek, Kimi, and Zhipu GLM. Developers can connect to the Word Element Institute API once to switch between models from multiple vendors and be billed based on usage.The same model can be accessed by multiple suppliers. The platform displays pricing, initial token latency, throughput speed, 7-day success rate, and historical call volume, and supports both OpenAI and Anthropic protocols. Taking DeepSeek-v4.1-flash as an example, the platform connects to 6 suppliers, marking the price savings ratio on the page, while also displaying context window, launch time, deployment region, and supplier credit evaluation.The platform ranking is based on real call data and can be viewed for the last 24 hours, last 7 days, and last 30 days. Screenshots show a total of 398 million calls in the last 7 days, with a total token volume of 51.336 trillion, involving 68 ranked model resources, and an average initial token latency of 290 milliseconds. DeepSeek-v4.1-flash ranks first in both call volume and token usage. Participating suppliers include Bochuan Technology, Infinite Mind, Star Hub Word Element, and Zhipu Original Factory, with the platform showcasing resources and supplier information through credit evaluations and blockchain proof.

U.S. President Trump suffered a defeat in the midterm elections, with the Democratic Party taking control of both houses. The schedule released by the White House shows that Trump has no public events scheduled for Wednesday, with the day's White House agenda only including a closed-door policy meeting. In an interview, Trump admitted that the Iran war was one of the reasons for the Republican Party's electoral defeat, but insisted that he does not regret initiating the conflict.Trump-related concept stocks fell across the board, including:Trump Media & Technology Group down over 11%;Tesla down 4.76%;Nvidia down 1.2%;WLFI down 1.96%;TRUMP down 11.14%.

OKX founder Star Xu stated that he does not wish to criticize competitors during their crises, but rather hopes for collaboration to improve safety standards and protect the cryptocurrency industry. However, he expressed discomfort with a recent interview given by a person who claims to no longer manage Binance, referring to himself as the "richest person in the crypto world." He believes the interview is filled with misleading statements, downplays the responsibilities he should bear, and attempts to find excuses for failure by belittling the security of traditional banks.Star Xu noted that after the crisis occurred, this individual was one of the most active voices on social media among Binance-related personnel and had even debated Elon Musk over SpaceX stock investments. He pointed out that the individual repeatedly emphasized "only 2% of funds flowed out of Binance" and continued marketing activities to attract users to deposit funds during the ongoing crisis. Star Xu believes that responsibility should be demonstrated during a crisis, while this interview gives the impression of shirking responsibility and shifting focus.Star Xu cited reports that the price of Bitcoin dropped from about $81,000 to $75,000, with billions of dollars in leveraged positions being liquidated, potentially impacting the credibility of the cryptocurrency industry once again. He stated that what the industry needs is collaboration, accountability, and the protection of user assets along with the establishment of safety standards, rather than more excuses, public relations rhetoric, and marketing packaging.