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According to CoinDesk, several figures in the U.S. cryptocurrency industry expect that during the last few weeks of the current congressional session (the "lame duck" period from the end of the election until the next Congress begins on January 3), it will be difficult to push forward any substantial progress on cryptocurrency legislation.Cody Carbone, CEO of the Digital Chamber of Commerce, stated that hopes for further progress on the CLARITY Act are low, as lawmakers seem to have gradually shifted their attention to other matters. With the Democrats gaining more control in the new Congress after the midterm elections, the Republicans have limited time left, and the Democrats lack the motivation to make significant compromises at this time.There are still a few issues that may receive attention, including cryptocurrency tax rules, granting the Commodity Futures Trading Commission (CFTC) more regulatory authority over the cryptocurrency spot market, and expediting data center construction permits. Among these, the bipartisan bill related to data center permits has passed preliminary procedures in the Senate, but some Bitcoin mining companies have disagreements regarding potential requirements to bear the costs of grid expansion and higher energy expenses.Kristin Smith, head of the Blockchain Association, stated that with limited time left in this Congress and many items on the agenda, the most important regulatory rules for the U.S. cryptocurrency industry are still being set by the Securities and Exchange Commission (SEC) and the CFTC.

Well-known trader Aoying stated that today's plunge in the cryptocurrency market has no substantial negative news. The price of Bitcoin at $62,000 is a result of significant losses incurred by institutions, so cherish it well.

Tesla announced the opening of the purchase channel for Cybercab, with a starting price of $29,990. The first batch of vehicles is expected to be delivered in December, limited to specific invited customers. Users need to pay a $1,000 deposit and subscribe to the autonomous driving service for $299 per month. Musk stated that the monthly fee for this service is too high and should be comparable to the fees for Tesla's other models, which is about $115 per month.

According to Seoul Economic Daily on November 12, British artificial intelligence infrastructure company Nscale is advancing the construction of more than two artificial intelligence data centers in South Korea. The company established its Korean entity, Nscale Service KR, in July 2026, responsible for data center investment, development, operation, and management. Nscale was founded in 2024, independently procures graphics processing units, and operates artificial intelligence data centers, with a corporate value of approximately 35 billion USD, equivalent to about 47 trillion Korean Won, and is pushing for a listing in the United States.The project has been confirmed to be located in Gumi, North Gyeongsang Province. The original plan was to construct a phase one artificial intelligence data center with a scale of 300 megawatts as a consortium, but it has since changed to be built separately by Nscale and other participants. The data center for which Nscale is responsible is currently undergoing licensing and preparing to commence construction. The company is also evaluating the addition of data centers in other regions of South Korea, through methods including new site construction, renovation of existing facilities, and leasing data centers from other companies. An industry insider who requested anonymity stated that Nscale has previously renovated old data centers overseas and installed graphics processing server units to reduce capital burdens, and may propose similar collaborations to South Korean companies.Additionally, according to the report, the American cloud company CoreWeave is also advancing the construction of data centers in South Korea and appointed Kim Hyun-sik, who previously worked at Microsoft and SoftBank, as the head of its Korean subsidiary last year. The artificial intelligence data center being built by Amazon Web Services and SK Group in Ulsan is scheduled to begin operations next year, and Microsoft has recently started construction on its third data center in Busan. Goldman Sachs analysis indicates that after the Democratic Party's victories in U.S. state and local elections, about 45% of the planned capacity expansions for artificial intelligence data centers in the U.S. may be affected by regulations. CoreWeave stated in a conference call on November 11 that it is expanding its business in Canada, Europe, and Asia to diversify regional regulatory risks. The South Korean government is promoting differentiated electricity pricing by region and a dedicated electricity pricing plan for artificial intelligence data centers.

Arbitrum's on-chain derivatives protocol Variational announced that the private testing of its trading platform Omni has concluded, and the public mainnet is now open, with registration no longer requiring an invitation code. The Omni private testing began in January 2025 and was initially open only to a small number of whitelisted addresses from the testnet and Discord waitlist. According to the official statement, after approximately 20 months of development, the protocol's open contracts have exceeded 1.5 billion dollars, with a cumulative trading volume exceeding 450 billion dollars.During the private testing period, Variational set zero fees as a long-term arrangement and launched a referral program and a points program, along with two interface updates. It introduced the first batch of TradFi markets outside the crypto market and recently brought TradFi liquidity on-chain through exchanges. Currently, it supports all users to trade over 550 traditional assets and crypto assets that are live on Omni.

According to The Block, Laser Digital, a digital asset subsidiary of Nomura, has partnered with ZIG Finance to launch an on-chain investment product called zEMS Vault, aiming to raise $100 million to provide qualified institutional investors with exposure to a portfolio of loans for small and medium-sized enterprises in Saudi Arabia. The relevant loans are issued through Beehive's lending infrastructure.The vault is deployed on the BNB Chain, and investors can use stablecoins for subscriptions and redemptions. KAIO is responsible for tokenization and the management of the vault's entire lifecycle, with KYC checks performed at both the subscription and redemption stages; Zamanat is responsible for investment structure design and providing Shariah compliance consulting, while Laser Digital serves as the risk framework advisor.zEMS Vault is the first product under the strategic cooperation between ZIG Finance and Laser Digital, and both parties plan to expand this model to other emerging markets and credit strategies.

According to market news, Anthropic's ultra-large IPO is reportedly oversubscribed by several times.

According to the official announcement, the Bitget IPO Prime Anthropic VIP round subscription will close today at 16:00 (UTC+8). VIP 1 - VIP 7 users can participate in the subscription using USDT or USDGO on the IPO Prime page before the deadline.The VIP round subscription period is from November 5 at 16:00 to November 11 at 16:00 (UTC+8), with an investment range of $100 to $3,000,000. The total cap for the investment pool is $1 billion, with a historical reference allocation rate of 40%-80%. The underwriting service fee is 12%, and the distribution time is 3 to 5 working days after the IPO.In addition, the public round subscription opened on November 10 at 16:00 and will continue until 16:00 (UTC+8) on the day before the IPO, open to all users, with an investment range of $100 to $25,000. Eligible users can participate in both rounds simultaneously, with independent allocations for each round.It is reported that Anthropic launched its IPO roadshow last night, planning to issue 825 million shares at a price of $70 to $78 per share. The prospectus reveals that seven companies, including Google and Nvidia, plan to participate in a total of $26 billion in concurrent private placements at the final IPO issuance price.

According to market news, sources revealed that Anthropic's initial public offering (IPO) has received full subscription, with subscription orders covering all available shares.

Robinhood announced on the X platform that users can now apply to subscribe to Anthropic IPO shares and have the opportunity to participate in the subscription at the IPO issue price before the shares officially land on the trading platform.

Overall and core inflation rates in the U.S. for October exceeded expectations, which may keep the Federal Reserve on track for interest rate hikes next month. According to data released by the Bureau of Labor Statistics on Tuesday, the Consumer Price Index excluding food and energy rose by 0.3% from the previous month. Overall prices increased by 0.4%. Due to the interruption in data collection during the government shutdown last October, the Bureau of Labor Statistics did not release year-on-year changes.The report shows that price pressures continue to mount ahead of this month's midterm elections, with the Democratic Party focusing primarily on the cost of living to regain control of both houses of Congress. This year, the war in Iran, tariffs, and the boom in data centers have all fueled inflation. This is the last CPI report that Federal Reserve officials will see before the policy meeting on December 8-9. Investors expect that they will raise interest rates at this meeting to address inflation.Before the release, Federal Reserve Governor Waller stated that if core CPI rises by 0.3% or more, the Federal Reserve may need to raise rates by 50 basis points.

Bitget IPO Prime Phase 3 project Anthropic is now open for public round subscription, available to all eligible users (including VIP users), supporting subscriptions using USDT or USDGO. The allocated assets will be delivered in rANT, relying on Bitget's RWA infrastructure to mirror the economic performance of ANT after its listing at a 1:1 ratio.The public round subscription period is from November 10 at 16:00 to 16:00 the day before the IPO (UTC+8), with an investment range of $100 to $25,000, and a total investment pool cap of $200 million, with an underwriting service fee of 5%. Distribution will occur 2 to 3 hours before the opening of regular trading hours on the day of the IPO.

Renowned developer and T3 Code founder Theo discovered that although Anthropic's newly released Fable 5.2 is more powerful, the API equivalent usage available to subscription users is significantly lower. Theo has been tracking the actual request data of Claude Code for a long time. According to his estimates, for the same monthly subscription fee of $200 for Claude Ultra, using Opus 5.5 would yield an API usage equivalent to about $15,000 per month; switching to Fable 5.2 would only provide about $3,000, a difference of nearly 5 times.Anthropic stipulates that Ultra users can use a maximum of 50% of their total quota for Fable each week. Even if the entire quota is not used, as long as Fable reaches its limit, users must switch to other models or pay extra to continue using it. Theo estimates that if Opus 5.5 is used fully in a week, approximately 1,200 interaction rounds and 230 task sessions can be completed. If the Fable quota is exhausted first and then switched to Opus, the total number of interaction rounds would drop to about 900, although the number of completed task sessions might be slightly higher since Fable can sometimes complete tasks in one go without repeated communication.The API unit price of Fable 5.2 has decreased by 20% compared to the previous generation, with input and output tokens costing $8 and $40 per million, respectively, but it is still twice that of Opus 5.5. Anthropic reminds users that Fable will consume subscription quotas faster than other Claude models. Currently, Anthropic is offering eligible subscription users 1 to 3 opportunities to reset their Fable quota, with the number of resets depending on the subscription duration. Each reset can return the Fable quota consumed in the current week, allowing users to continue using it without waiting until the next week.

A federal judge in California, Alex Tse, ruled that the subscription marketing lawsuit against Anthropic's Claude Max can proceed. The judge allowed claims under California's consumer law for deceptive advertising, negligent misrepresentation, and breach of contract to continue, while dismissing other claims, including those related to the state's unfair competition law, and permitted the plaintiffs to submit an amended complaint.The proposed class action was filed in September by two Claude Max subscribers. The plaintiffs claim that the Max plans, priced at $100 and $200 per month, were advertised as providing 5 times or 20 times the usage of the Pro plan, but the weekly usage limits did not reach those multiples. Anthropic stated that the relevant multiples refer to the usage per 5-hour session and cited information disclosed on the website. Tse found that these disclosures were too far removed from the main sales page to warrant dismissal of the case at this stage.

The Canadian government has announced a budget bill that will prohibit federally regulated financial institutions from directly issuing cryptocurrencies and require stablecoins to be issued only through independent non-financial subsidiaries regulated by stablecoin laws.According to the budget bill announced on November 5 local time, the issued cryptocurrencies must include reserve safeguards such as redeemability at face value and asset segregation, while not being included in public deposit insurance and government guarantee programs. The Bank of Canada will be responsible for the registration of issuers and the supervision and enforcement of regulatory compliance. Meanwhile, the regulatory framework for stablecoins is expected to take effect next fall.

Bitcoin Treasuries posted on platform X that Super League, a subsidiary of Metaplanet in the United States, purchased an additional 16 BTC before the transaction was completed, bringing the total to 31 BTC. Metaplanet will soon gain access to capital markets on two continents.

According to Axios, Alphabet (GOOG.O) subsidiary Wing has invested $125 million in the drone delivery business.

Base has disabled Flashblocks in the Denim upgrade, switching to generating a complete standard block every 200 milliseconds. Denim was activated on Base Sepolia on October 21, 2026, at 18:00 UTC, and on the Base mainnet on November 5 at 18:00 UTC. After activation, Base stopped producing Flashblocks on both networks, and Flashblocks subscriptions, WebSocket streams, and pending states will no longer return data.The official documentation states that endpoints like wss://mainnet.flashblocks.base.org/ws will still accept connections but will no longer push any data. Developers need to replace eth_subscribe("newFlashblocks") with eth_subscribe("newHeads"), replace pendingLogs with logs, and for newFlashblockTransactions, switch to pulling transactions by standard blocks after using newHeads; RPC calls using the "pending" block tag should be changed to read the latest standard block and state.Regarding node configuration, mainnet nodes must be upgraded to base/base v1.5.1 or higher, and Sepolia nodes must be v1.5.0 or higher, while removing settings such as RETH_FB_WEBSOCKET_URL, --flashblocks-url, --max-pending-blocks-depth, and --flashblocks.ping-interval. Additionally, validity transactions with the flashblock_index predicate will be rejected, and it is recommended to use block_number to limit the range.

Robinhood announced the launch of its IPO Access service in the UK, allowing retail investors to submit purchase requests at the official offering price before new stocks officially trade on the US market. Users can submit applications through their regular investment accounts, with the app providing the prospectus and SEC documents for each available new stock for investors to review before deciding whether to subscribe. Robinhood stated that it is collaborating with a UK public offering platform provider to offer access to eligible initial public offerings.This service was first launched in the US in 2021, and Robinhood claims to have participated in over 50 IPOs since then, opening it up to millions of US customers. Jordan Sinclair, President of Robinhood UK, stated that bringing IPO Access to the UK aims to provide the same opportunities for UK retail investors to participate in investments in the next generation of innovative public companies.This launch is a continuation of Robinhood's expansion in the UK. Last year, the company acquired the exchange Bitstamp for $200 million and opened cryptocurrency trading to eligible UK customers through Bitstamp in August of this year, supporting the buying and selling of over 50 cryptocurrencies in its main UK investment app, alongside stocks, ISAs, options, and futures. In July of this year, Robinhood launched the Robinhood Chain mainnet and provided eligible users with 24/7 trading of tokenized stock products. Robinhood stated that there are no commissions for IPO subscriptions but cautioned that participating in IPO investments carries significant risks, with stock price volatility potentially being high, especially in the early stages of listing.