rac

According to Coinglass data, the total contract open interest for ETH has increased by 92.05% in the past 24 hours, with the current total open interest at 27.776 billion USD. Among them, Binance's open interest is 8.62 billion USD, OKX's open interest is 1.889 billion USD, Bybit's open interest is 1.961 billion USD, and Gate's open interest is 1.765 billion USD.

According to Coinglass data, the total contract open interest for BTC has increased by 117.21% in the past 24 hours, with the current total open interest at 51.525 billion USD. Among them, Binance's open interest is 10.722 billion USD, OKX's open interest is 3.648 billion USD, Bybit's open interest is 6.3 billion USD, and Gate's open interest is 4.57 billion USD.

According to Strategy Chairman Michael Saylor's post, he released a Bitcoin holding tracking chart, captioned "Connecting these dots," which may imply that Strategy will continue to increase its BTC holdings.The orange dots in the chart represent the historical times when Strategy purchased Bitcoin, and the chart shows that as of November 8, it holds 849,327 BTC.

The CEO of the cryptocurrency exchange platform Coinbase, Brian Armstrong, stated that as the CEO of a publicly traded company, he supports the tokenization of the company's stock, as he hopes more people can hold the stock.Brian Armstrong stated that potential new groups of shareholders should not be shut out, as this is not a wise business practice, and connections should be established with customers where they are.

The co-founder of the meme token issuance platform Pump.fun, Alon, stated that the platform has adjusted the Callout Rewards program, adding an experimental reward algorithm called Diamond, aimed at incentivizing users to recommend high market cap tokens and attract perpetual contract and non-Solana chain ecosystem users.Diamond will provide reward multipliers for Callouts (token recommendations) of high market cap tokens and increase rewards for asset categories such as perpetual contracts, EVM, and other non-Solana chain tokens. The original algorithm will continue to operate and will be renamed Degen, with both algorithms to be further adjusted in the future.

Market news indicates that Microsoft is gradually terminating its transactions with Oracle related to renting artificial intelligence cloud computing power.

After Greg Abel took over as CEO of Berkshire Hathaway, he made a significant investment in the field of artificial intelligence for the first time. The company invested $10 billion in Google's parent company Alphabet and added an additional $930 million investment in the Italian corporate group Bending Spoons SpA.Although the market is skeptical about the timing of artificial intelligence deals, analysts believe this is a bet on the long-term potential of the technology.

The Ethereum Foundation published a blog, reminding contract developers and auditors to check whether their projects rely on 8 Gas billing assumptions, which will no longer hold due to the adjustments in Gas charging methods in Glamsterdam with EIP-8037 and EIP-8038. The Ethereum Foundation has established a code repository that provides explanations, examples, and keywords for self-checking related to each assumption. Affected projects can contact the team via email.The team is collaborating with several auditing companies and conducting internal audits, but it cannot cover all projects on Ethereum and their on-chain and off-chain code. The Ethereum Foundation announced on October 23 that it has postponed the Glamsterdam upgrade originally scheduled to be activated on the Hoodi testnet, with a new activation time yet to be determined. Ethereum Foundation researcher Toni Wahrstätter stated on October 26 that the reason for the delay was a report from ChainSecurity that revealed issues with EIP-8037 when interacting with certain contracts, and its impact is now largely understood.

As Bitcoin mining companies accelerate their shift to AI data center businesses, construction cost overruns and risk allocation have become the focus of market attention. In the latest earnings season, Cipher disclosed that, according to the revised leasing arrangements, the company will bear the first cost overrun of $359.3 million beyond the original budget for the Barber Lake project.Riot expects that about 70% of its Rockdale project budget will be included in a Guaranteed Maximum Price (GMP) contract to control cost risks. Core Scientific stated that tariffs have increased the costs of some equipment and materials. In addition, Riot pointed out that lenders are more strictly reviewing tenant credit status, power supply facility energization, and project delivery records.

According to GMGN data, the meme coin GREEN MORNING (GM) on BSC has risen 240% in the past hour, with a current market capitalization of 8.25 million USD. Previously, Musk had responded to the cryptocurrency market decline with a CZ-related meme image, to which CZ later replied with a meme of "an arrow hit the knee."OKX CEO Star also joined the interaction, jokingly stating, "The richest man is jealous of the richest man, so he 'blackens' the richest man again." He Yi retweeted Musk's earlier CZ-related meme image on the X platform, accompanied by the classic scene of the red and blue pills from the movie "The Matrix," asking netizens which color pill they would choose.

International oil prices have retraced earlier gains as the market assesses news of the United States pushing for progress in Middle East negotiations. The Emir of Qatar discussed diplomatic efforts to ease regional tensions with Trump. Iran demands that the U.S. lift the maritime blockade, relax sanctions, and unfreeze assets before it will reopen the Strait of Hormuz. Tehran is reviewing mediation proposals for its nuclear program, indicating that Qatar's diplomatic efforts may be making progress.

On-chain analyst Nooman posted on platform X, indicating that the trend of meme coin trading platforms transitioning to perpetual contract business is accelerating. On Thursday, the number of daily active traders for FOMO and Pump.fun's perpetual contracts saw significant growth.Among them, FOMO's perpetual contract daily active traders approached 4,000, with a single-day trading volume reaching 334 million USD; Pump.fun's perpetual contract daily active traders approached 1,200, setting a historical high, with a single-day trading volume reaching 25.3 million USD.

According to Coinglass data, the total contract open interest for ETH has decreased by 7.13% in the past 24 hours, with the current total open interest at 28.155 billion USD. Among them, Binance's open interest is 8.573 billion USD, OKX's open interest is 1.829 billion USD, Bybit's open interest is 1.955 billion USD, and Gate's open interest is 1.785 billion USD.

According to The Defiant, U.S. District Judge Jacqueline Scott Corley in Northern California approved the preliminary injunction request from the California tribe on November 4, prohibiting the event contract platform Kalshi Inc. and KalshiEX from offering sports event contracts on the Indian land of the plaintiff tribe.The injunction covers sports contracts for baseball, tennis, soccer, basketball, golf, esports, racing, boxing, and UFC, but is limited to the land of the plaintiff tribe and does not apply to the entire state of California. Previously, Kalshi stated that it had proactively blocked trading in the relevant areas, but the tribe questioned its effectiveness. According to the injunction, the tribe must provide boundary maps by November 13, and Kalshi must report compliance steps within 21 days.

According to a post by Alon (@a1lon9), co-founder of Pumpfun, the development company behind Pumpfun, Baton Corporation, is hiring for three business development (BD) positions: perpetual contract BD, prediction market BD, and trading terminal BD.Alon stated that to expand the social network of the Pumpfun application, it is necessary to attract excellent traders from various markets, including on-chain speculative trading, perpetual contracts, and prediction markets. Applicants must have at least 2 years of experience leading BD at a crypto platform and have significant business results. The positions are preferred to be based in New York, but exceptionally qualified candidates may be considered for remote work.

Bitget has launched perpetual contracts for 10 popular Indian stocks including RELIANCE (Reliance Industries), TCS (Tata Consultancy Services), and HDFCBANK (HDFC Bank), as well as 2 US stock perpetual contracts for MS (Morgan Stanley) and KMB (Kimberly-Clark).The aforementioned contracts are settled in USDT, support up to 20 times leverage, and allow trading 24/7. As of now, Bitget supports a total of 408 stock perpetual contract underlying assets.

According to GMGN data, the top 5 tokens with net inflow of KOL in the past 24 hours are as follows:ZELDA (E1Pp....ump): Net inflow of $806, with a 24-hour increase of 3350.4%, currently priced at $0.0002.FAT (9gFD....ump): Net inflow of $469, with a 24-hour increase of 131.7%, currently priced at $0.0001.MooNoom (HTco....ump): Net inflow of $382, with a 24-hour increase of 215.8%, currently priced at $0.0001.dikdik (FWEg....ump): Net inflow of $355, with a 24-hour increase of 116.3%, currently priced at $0.0001.CALLING (C8Dk....ump): Net inflow of $311, with a 24-hour increase of 557.2%, currently priced at $0.0001.

According to CryptoBriefing, the Dubai International Financial Centre (DIFC) Court released a white paper on "Dispute Resolution Oracles" (DRO) on November 5, proposing a scheme that allows off-chain court or arbitration decisions to directly trigger the enforcement of on-chain tokenized assets. This mechanism is entirely based on the principle of voluntariness, requiring parties to designate a dispute resolution forum in advance, with the DIFC Court serving as the first qualified provider.The DRO itself does not actively change assets but is responsible for verifying execution instructions and generating auditable execution records on the participating blockchain; actual dispute resolutions, arbitration, and mediation will still proceed in the traditional manner. The white paper positions this framework as an open technology and legal standard and outlines five core elements: jurisdictions with enforcement capabilities, adoptable open standards, a qualified provider registry, a controlled pilot program, and international dialogue on mutual recognition.The proposal was announced at the Dubai Future Tokenization Forum and is part of the DIFC Court's growth strategy from 2026 to 2030.

Last night and this morning, U.S. stocks fell sharply. Wall Street traders mentioned that algorithmic and programmatic selling exacerbated market volatility during this decline. A Goldman Sachs stock trader stated that the pain level of today's market is extremely high. Goldman Sachs trader John Flood pointed out that institutional buying has once again hit a stalemate, and the massive cloud computing positions bought by hedge funds during yesterday's rebound are being rapidly sold off, with no buyers stepping in to take over yet.Several senior traders described the liquidity state at the opening of U.S. stocks as having strong characteristics of liquidation, noting that algorithmic and CTA fund programmatic selling intensified the initial straight drop without buyers. According to Vanda Research, the scale of retail selling in the first 30 minutes of trading on Thursday set a record for the largest single 30-minute sell-off in recent months, approaching the peak during the retail panic exit at the end of July 2024.

According to Coinglass data, the total contract open interest for ETH has decreased by 6.68% in the past 24 hours, with the current total open interest at 28.157 billion USD. Among them, the open interest on Binance is 8.63 billion USD, OKX is 1.746 billion USD, Bybit is 1.949 billion USD, and Gate is 1.573 billion USD.