bill

According to on-chain analyst Yu Jin's monitoring, 3 Pump.fun teams or early investor wallets unlocked 1.458 billion PUMP tokens 8 hours ago and transferred them to Coinbase Prime, worth 5.01 million dollars.These 3 wallets were allocated a total of 70 billion PUMP tokens, with the related tokens starting to unlock in July. The 1.458 billion PUMP tokens transferred to Coinbase Prime this month represent the amount unlocked by these 3 wallets this month; previously, 1.458 billion PUMP tokens were also unlocked last month, worth 7.58 million dollars at that time. The related wallet addresses are 85WTuj...5ERS, 96HiV4...NKVWM9, and ERRGqu...kdNYa.

According to Coinglass data, if BTC breaks through 71,707 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.453 billion USD. Conversely, if BTC falls below 65,083 USD, the cumulative long liquidation intensity on mainstream CEX will reach 999 million USD.

The Federal Reserve stated that bank deposits in the United States increased by 56.5 billion dollars last week.

According to a Reuters survey, Chinese developers are still planning AI data centers around Nvidia processors that are subject to U.S. export controls, with a total project value exceeding 23 billion yuan (approximately 3.2 billion USD). The agency compiled over 150 procurement announcements, investment plans, and corporate records, many of which explicitly list H100, H200, or H800 chips. The 3.2 billion USD is the overall investment amount for the projects, covering infrastructure such as construction and power, and the documents did not prove that all related chips have been obtained, nor did they show any violations.A proposed computing center in Fujian is valued at 6.2 billion yuan (approximately 873 million USD), with the official investment list specifying H100 servers, which are still seeking financing; a state-owned engineering group in Shaanxi has won a contract related to a 3 billion yuan project, with documents listing H100 and H200; a 2.26 billion yuan project in Jilin plans to combine Nvidia hardware with domestic processors; a proposed project in Inner Mongolia specifies 625 H200 servers, while Wuxi claims that an H800 cluster has been put into operation in March 2025.Since 2022, the U.S. has restricted the export of advanced AI chips to China, and in January 2026, the Department of Commerce changed the export application for H200 to case-by-case approval, with sales still requiring a license, and restrictions on H100 being even stricter. Reuters cited IDC data stating that in the first half of 2026, Nvidia accounted for 34% of AI accelerator shipments in China, while Huawei accounted for 28%. Chinese developer Z.AI has released an image generation model fully trained on Huawei chips. These records show that Nvidia is still deeply embedded in China's AI infrastructure planning, putting pressure on U.S. officials facing congressional scrutiny.

Bill Miller IV, Chairman and Chief Investment Officer of Miller Value Partners, stated in the BMTV program that he remains bullish on Bitcoin against the backdrop of market sentiment nearing the lows seen during the FTX collapse. He pointed out that Bitcoin rose from $63,000 to $87,000 within months, then fell back to $68,000, and believes that volatility is the price of holding quality assets.He drew a comparison with gold, arguing that Bitcoin's accessible value is far higher than its current market capitalization; its supply only grows by 80 basis points each year, making it scarcer than gold. He also discussed the issue of continuous currency issuance, stating that printing money is the only way out in the current macro environment.The program also covered topics such as Strategy being removed from the MSCI index, rising inflation and Federal Reserve interest rate hikes, the AI bubble and Nvidia's valuation, catalysts for Bitcoin price increases, and what conditions the Clarity Act can provide for Bitcoin investors.

The Federal Reserve will purchase $14 billion in short-term government bonds for MBS reinvestment.

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 1.388 billion dollars, with long positions liquidated at 1.189 billion dollars and short positions liquidated at 199 million dollars. Among them, Bitcoin long positions were liquidated at 766 million dollars, Bitcoin short positions were liquidated at 46.3873 million dollars, Ethereum long positions were liquidated at 191 million dollars, and Ethereum short positions were liquidated at 36.749 million dollars.

According to SEC filings, Bitcoin treasury company Twenty One Capital (XXI) released its Q3 2026 financial report and shareholder letter, stating that as of September 30, it holds 43,514 BTC, valued at approximately $83,700 each, of which about 16,116 BTC is used as collateral for convertible notes. In the third quarter, Twenty One reported a net profit of $1.087 billion, primarily from a $1.093 billion fair value gain on Bitcoin (non-cash).As of September 30, cash and cash equivalents were $102.8 million, with outstanding convertible note principal at $486.5 million. The company stated that stock buybacks are "worth serious consideration" when the stock price is below its corresponding asset value, and it is also evaluating opportunities in mining, lending, treasury, and energy sectors.In addition, former Skadden global capital markets head David Goldschmidt has joined its board and audit committee.

According to the official announcement, Binance will announce the adjustment plan for the ANTHROPICUSDT U-based Pre-IPO perpetual contract before the official listing of Anthropic, with specific adjustment time and details to be announced separately. Before the new announcement is released, the contract will still use an estimated 1 billion shares as the pricing benchmark.According to the S-1/A-2 document submitted by Anthropic, the expected number of shares will be adjusted to 13,116,075,288 shares. The underlying asset of the ANTHROPICUSDT Pre-IPO perpetual contract is the price of 1 share of common stock of "Anthropic, PBC" (hereinafter referred to as "Anthropic"). The calculation benchmark for the number of shares is based on the number of common shares that have been issued and are outstanding.Unexercised options, unsettled restricted stock units (RSUs), convertible securities that have not yet been converted into common stock, shares that can be issued under the underwriters' over-allotment option, and shares reserved for future issuance under equity incentive plans (not yet granted) do not belong to common stock and are therefore not included.

SpaceX plans to build two supercomputing parks in Starbase, Texas, and Cochise County, Arizona, with a total investment of over $74 billion. Among them, the Starbase project is expected to invest over $24 billion, while the Arizona park is projected to invest about $50 billion. SpaceX's AI business contributed more than half of the company's revenue in the third quarter.The Arizona park still needs to obtain approval from Cochise County and is expected to create about 5,500 construction jobs and 1,000 permanent jobs, using dry cooling and not planning to use industrial groundwater. A petition with 2,400 signatures has called for officials to deny the issuance of permits, and a public hearing will be held locally in December. The Starbase facility will generate its own electricity and will not connect to the public power grid, with the relevant planning covering approximately 444 acres, including a gas power plant and supercomputing facilities; the project has already created over 3,000 construction jobs and is expected to support more than 500 permanent jobs after it becomes operational.

The latest 13F filing from the quantitative trading firm Jane Street shows that as of September 30, the company held 23.8268 million shares of Nvidia common stock, with a market value of approximately $5.442 billion based on the quarter-end price. Compared to the end of the second quarter, when it held 11.8056 million shares valued at about $2.362 billion, the number of shares increased by 12.0211 million, an increase of about 101.8%. Among the listed common stock holdings, Nvidia is the second largest position, second only to the SPDR S&P 500 ETF.The 13F only reflects the quarter-end holdings and does not represent the current positions, nor does it disclose short positions, and it does not specify the timing of the increases or the gains and losses. The same document also lists a large number of call and put options for Nvidia, corresponding to approximately 74.76 million shares with a notional value of about $17.07 billion, and about 10.5 million shares with a notional value of approximately $23.98 billion. Options are reported based on the notional value of the underlying stock, and the notional size may significantly exceed the actual investment, making it impossible to assess the overall risk exposure after hedging based on this information; therefore, this holding cannot be simply understood as a one-way heavy bet.

The server manufacturer Super Fusion has passed the review of the listing committee of the Shenzhen Stock Exchange's Growth Enterprise Market for its IPO, planning to raise 8 billion yuan, setting a new high for the fundraising scale of companies going public on the Growth Enterprise Market this year. Super Fusion was formerly Huawei's x86 server business, which was spun off from Huawei in 2021 and is currently actually controlled by the Henan Provincial State-owned Assets Supervision and Administration Commission. According to IDC data, Super Fusion is expected to rank second in China's server market in terms of shipment volume by 2025, with a market share of 14.2%.The company's revenue for 2025 is projected to be 58.246 billion yuan. In the first half of 2026, revenue reached 37.286 billion yuan, with AI servers contributing approximately 19.852 billion yuan, accounting for 53.29% of the main business income. During the same period, net profit was 2.108 billion yuan, more than double that of the entire previous year. The net cash outflow from operating activities during the same period was 15.685 billion yuan, and short-term loans increased from 1.563 billion yuan at the end of last year to 18.026 billion yuan.The company stated that the growing demand for AI servers requires advance procurement of chips and components, suppliers demand quicker payments, while customer payments are relatively slow, leading to funds being tied up in inventory and accounts receivable. As of the end of June, the inventory balance was 35.662 billion yuan. During the review by the Shenzhen Stock Exchange, questions were raised about whether performance growth can be sustained, as well as risks related to cash flow, customer and supplier concentration, etc. Currently, the IPO has only passed the listing committee review and has not yet completed registration and issuance.

Cerebras, a wafer-scale AI chip company, announced during its Q3 2026 earnings call that it has signed an agreement with Microsoft, becoming the third hyperscale cloud computing customer after AWS and Oracle. The company's core total revenue for Q3 2026 was approximately $230 million, a year-on-year increase of 20%, with cloud services and other revenue at $145 million, a year-on-year increase of 272%.As of September 30, 2026, Cerebras had remaining performance obligations of $26.1 billion. Cerebras expects its core revenue for the full year 2026 to be between $940 million and $960 million, with a core gross margin of 42% to 44% and a core operating profit margin of 8% to 10%. The company has secured the delivery of 700 MW of data center capacity by 2027 and is enhancing its capacity through multiple partnerships.

The U.S. Bitcoin spot ETF has seen a cumulative net outflow of 1.56 billion dollars this year, with a net outflow of 643.6 million dollars as of Thursday this week.

According to Beating AI news, OpenAI has privately expressed support to U.S. lawmakers this week for three bills aimed at limiting China's access to advanced AI chips and manufacturing equipment. This is not the first time OpenAI has supported chip restrictions against China. Last year, the company advocated for limiting U.S. companies from selling high-end chips to China but later stopped pushing Congress for stricter measures. OpenAI's leadership has been concerned that publicly supporting tighter chip export restrictions to China would anger Jensen Huang and damage their partnership with NVIDIA.OpenAI has a close relationship with NVIDIA. NVIDIA not only supplies GPUs but also supports OpenAI's data center construction through substantial financing guarantees. Jensen Huang has long lobbied Washington for a relaxation of chip sales restrictions to China. The stance of AI company Anthropic has been more pronounced. In September of this year, the company directly withdrew from an industry association in opposition to the association's obstruction of chip regulation bills.The three bills supported by OpenAI require strengthening chip tracking, limiting the supply of chip manufacturing equipment to China, and increasing congressional scrutiny of sensitive chip export licenses. Jensen Huang resigned on November 12, impacting NVIDIA's lobbying influence in Washington. Bipartisan lawmakers are working to incorporate these restrictions into the year-end National Defense Authorization Act.

According to a letter to shareholders seen by The Information and a source familiar with the matter, ByteDance plans to repurchase up to $6 billion in shares from existing investors at an estimated valuation of approximately $400 billion.This valuation is a 20% increase from the last repurchase the company made a year ago.

The U.S. Department of Justice has stated that it is working with the two largest stablecoin issuers globally to attempt to recover nearly half of the stolen funds from the Binance hacking incident. In this attack, hackers stole over $6 billion in assets from the Binance cryptocurrency exchange.The U.S. Department of Justice has obtained court authorization to seize or restrict the disposal of $1.2 billion from the $2.7 billion that Tether and Circle Internet Group immediately froze following the hacking incident on October 29. Investigators are still tracking the remaining funds. The Federal Bureau of Investigation refers to the related hacking group as TraderTraitor, which is currently attempting to transfer and launder the stolen assets through cross-chain bridges, mixers, and cryptocurrency exchanges.