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Linda Xie, co-founder of Scalar Capital and former product lead at Coinbase, published a review of her personal angel investment situation over the past 10 years, stating that she has invested in a total of 50 companies, with 60% in the cryptocurrency sector, 10% in the AI sector, and the remainder distributed across other industries.Currently, there have been 6 investments that have returned more than the initial investment, all from the cryptocurrency sector, with 5 coming from token warrants and 1 from equity, but none of these covered the entire investment portfolio individually. The highest paper return on investment, which far exceeds other projects, comes from an AI company; if it can be monetized, its return could theoretically cover the entire portfolio's investment.Additionally, 12 companies have officially shut down or exited through talent acquisition, with 7 investments returning zero, 4 returning 80% to 90% of the initial investment, and 1 result pending. The above statistics only cover her personal equity investments and do not include the funds under her management or directly held cryptocurrency assets such as Bitcoin and Ethereum.

According to Bloomberg, protests against the expansion of data centers continued in multiple locations across Europe on November 7. RTE reported that around 2,000 people participated in a march in Dublin; YLE stated that about 1,300 people gathered in Helsinki, with protests also occurring in several small towns in Finland. Demonstrators in Helsinki marched to Google's office and the location of the parliament. The Stop Dirty Data Centres alliance, composed of local democracy and climate action groups, stated that the action aims to prevent the unchecked expansion of AI data centers.Groups from Scotland, Spain, France, and Denmark participated in the action, calling for a halt to construction until the public can determine through democratic processes how related projects should serve society and the environment. Previously on Friday, hundreds of protesters clashed with police at a Microsoft data center in Amsterdam, resulting in one arrest. As technology companies invest hundreds of billions of dollars in building AI infrastructure, community residents' concerns about land and electricity demands, rising energy costs, and whether the local area can gain economic benefits have intensified. Ireland has become one of Europe's major data center hubs, with official statistics showing that data centers will account for 23% of the country's total electricity consumption by 2025.Finland is also facing large-scale construction. Google announced in September an investment of 13 billion euros, approximately 14.5 billion dollars, to expand existing data centers and build two new facilities, marking its largest investment in Europe to date. According to the Finnish Industrial Federation, data center projects in various stages of planning and construction in Finland are valued at around 80 billion euros. Reports indicate that representatives from Google cleared forest land, stripped topsoil, and built roads before the environmental impact assessment for one project was completed, causing dissatisfaction among local residents. The company responsible for the construction of the project is facing a criminal investigation, and the Finnish government is also advancing legislation to constrain AI expansion. The opposition in Europe echoes recent situations in the United States, where the expansion of data centers has become a significant issue in this week's midterm elections, with some state voters electing local officials who promised to stop or pause related construction.

Serenity stated that new cloud service providers like NBIS (Neocloud) are attractive after a significant drop in valuation. He believes that if manufacturers maintain close relationships with suppliers like NVIDIA, have signed capacity and necessary licenses, possess well-funded partners, and can finance equipment procurement at reasonable costs, they may still perform well.He cited IREN's financial report, noting that a prepayment in a five-year agreement could cover 90% of GPU capital expenditures, indicating that publicly listed Neocloud can adapt to a tight financing environment. The re-signing price for their old H100 GPU has reached twice the previous amount, which he believes contradicts some market concerns about equipment depreciation. Regarding approvals, Serenity referenced a Rosenblatt research report stating that the major construction projects of NBIS in Missouri, Pennsylvania, and South Carolina have low risk. He is more concerned about new entrants that are just beginning to finance or obtain permits and believes that tightening financing and potential approval restrictions may actually expand the competitive advantages of existing Neoclouds, establishing a stronger moat for them.

Bitcoin News posted on platform X that Square, under Jack Dorsey, is expected to complete a phased deployment on November 10, expanding Bitcoin payments to its network of over 4 million merchants.The deployment started on March 30, and eligible U.S. merchants will have Bitcoin payments automatically enabled without needing to apply. Customers can pay via the Lightning Network, with transactions settling in seconds; merchants will receive payments in USD by default but can choose to retain Bitcoin. Square will waive Bitcoin payment processing fees until December 31, 2026, after which a fixed fee of 1% will be charged; merchants can also automatically convert up to 50% of their daily sales revenue into Bitcoin.

According to The Verge, the U.S. government has approved the Chinese company New Matrix to purchase NVIDIA H200 AI chips, but the company's registered office location is vacant, raising concerns about whether the chip sales review is sufficient.The report cites The New York Times, stating that New Matrix was established about 17 months ago, and there is little public information available. The business directory for its registered address does not list the company, and property personnel in the park also indicated that there are no records of it. The company's owner is associated with a Chinese private equity firm that has been blacklisted by the U.S. since 2024.The report also mentions that it is not an isolated case for companies associated with entities subject to U.S. national security-related trade restrictions to be approved for purchasing NVIDIA chips.

According to Investor's Business Daily, in the market volatility following the U.S. midterm elections, 88% of the S&P 500 index constituents have reported earnings, with 84% of earnings per share exceeding consensus expectations. The report suggests that the market will focus on inflation data and a new round of corporate earnings next week.Cisco's upcoming earnings report will reflect its progress toward achieving its annual goal of $7.5 billion in AI infrastructure orders; cloud computing company CoreWeave will also release its earnings report, with investors paying attention to its AI data center construction and order backlog situation. The report notes that emerging cloud service providers like CoreWeave are facing rising financing costs and debt financing pressures recently.

According to official news from Gold House, the parent company of the social platform Gold House has reached a strategic cooperation with the Canadian MSB licensed company LUMINOUS FINANCE LIMITED. The two parties will collaborate on digital currency exchange, fiat currency exchange channels, cross-border fund transfers, and merchant payment settlement, exploring the application of digital assets in global payment and commercial settlement scenarios.This cooperation will combine the resources of both parties in the digital asset ecosystem, financial services, and related compliance businesses, improving Gold House's business layout in the field of digital asset payment and settlement, and providing users and merchants with more digital asset settlement service solutions.

The U.S. Department of the Treasury has imposed financial sanctions on eight Canadian currency service companies, stating that these companies have business dealings with sanctioned Iranian entities. The Treasury Department's statement indicated that the aforementioned companies facilitate the exchange of Iranian rials and other currencies and digital assets, enabling them to conduct international transactions. The related sanctions will isolate these companies from the U.S. dollar financial system.The U.S. Treasury stated that these businesses handle transactions for sanctioned Iranian digital asset exchanges and digital asset addresses associated with the Iranian Islamic Revolutionary Guard Corps. Treasury Secretary Scott Bessent stated that Canada cannot become a haven for illegal financial practitioners providing sanction evasion services to the Iranian regime and its proxies, and the Treasury will pursue and cut off financial channels for the Iranian regime globally. This action was coordinated with Canada's financial intelligence agency FINTRAC, as some sanctioned entities have attempted to evade scrutiny by changing their names and addresses.On the same day, the U.S. "Rewards for Justice" program offered a reward of up to $20 million and possible relocation arrangements for information regarding Iran's nuclear program, including its facilities, equipment, and personnel. The statement noted that Iran has not complied with the International Atomic Energy Agency's safeguards oversight, resulting in the agency losing "knowledge continuity" regarding Iran's production of enriched uranium and centrifuge components.

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.

TikTok's parent company ByteDance is considering expanding its data center project located at the Pecém Industrial Port in Ceará, northeastern Brazil, and is looking for developers to be responsible for the second phase of the project. According to informed sources, the scale of the second phase may exceed the current project being constructed in Ceará; the latter has an investment scale of $10 billion and a capacity of 300 megawatts.ByteDance is also in preliminary talks with developers about constructing a data center of similar scale outside Pecém Port, which will serve local customers in Brazil, while the data center inside Pecém Port must export data to enjoy tax incentives. ByteDance previously announced plans to invest 200 billion reais (approximately $36 billion) in phases to build a data center complex in Pecém, with the first phase scheduled to start construction in early 2026.

Cryptocurrency analyst Murphy stated that on November 5, there was a noticeable panic in the market, with the spot active trading volume differential (SVD) on trading platforms severely skewed towards sellers. The selling pressure reached the highest level since the start of this round of market trends in August, even surpassing the active selling pressure triggered by the Binance security incident on October 30.Murphy pointed out that the continuously increasing active selling pressure has driven prices further down, but it is still not possible to determine whether the buying capacity has strengthened. Only when the next occurrence of a similar scale of active selling pressure does not lead to a significant price drop can it be indicated that the depth of buyer orders may have improved. He believes that the Binance black swan event and the sharp decline in U.S. stocks have consecutively impacted the market in the short term, significantly undermining bullish confidence. It may take several weeks or even a month or two for the market to digest the panic sentiment, and the probability of a direct V-shaped rebound in the short term is low. Moving forward, attention should be focused on investor behavior, market sentiment, and changes in chip structure.

According to Gate market data, the panic index VIX fell by 15%, dropping below 24 points.

According to Gate market data, Tesla (TSLA.O) has increased by 5%.

According to the South China Morning Post, the Nasdaq-listed Solana Company plans to expand its business presence in Hong Kong, increasing its local team from currently fewer than 10 people to up to 30, and establishing Hong Kong as its new headquarters for the Asia-Pacific region.The company's Chairman and CEO Joseph Chee stated that the tokenization business of large financial institutions in Hong Kong is still in its early stages, whereas the U.S. market is developing more rapidly. The company expects to evaluate the progress of the Hong Kong market in about six months, and if there are still no large tokenization service providers at that time, it will consider forming its own team to provide relevant services to local banks.Last month, Solana Company was listed by the Hong Kong SAR government as a key enterprise for introduction, with its business positioning covering digital asset infrastructure and services.

According to market news, the Democratic Party in the United States will target Apple, Meta Platforms, and companies owned by Elon Musk in their investigations.Previously, multiple media outlets reported that after winning control of both the House and Senate, the Democratic Party is preparing to use congressional oversight to investigate the business dealings of the Trump family, government officials, and large corporations, with potential targets including Musk. Bloomberg previously reported that Amazon, Apple, Comcast, Meta, Microsoft, and NVIDIA have received inquiry letters from Democratic lawmakers regarding their donations to Trump's gala before the midterm elections.

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 a report by the Korean News Agency, the Financial Supervisory Service's electronic disclosure system shows that Lee Jae-young, the representative director and head of the DX division of Samsung Electronics, purchased 3,000 shares of the company's common stock on November 6, at an average transaction price of 210,000 Korean won per share, totaling approximately 630 million Korean won. After the increase, his shareholding rose from 124,280 shares to 127,280 shares.The report states that this move comes at a time when Samsung Electronics' stock price has recently fallen significantly following the U.S. midterm elections, interpreted as a demonstration of a commitment to responsible management. Lee Jae-young previously purchased about 3,045 shares at 230,000 Korean won per share at the end of July. On the same day, Samsung Electronics' stock fell by 6.35%, closing at 188,700 Korean won.

The Deputy Secretary for Financial Services and the Treasury, Chen Haolian, stated at the Legislative Council's Financial Affairs Committee meeting that Hong Kong will further optimize the preferential tax system for funds, single family offices, and associated rights, including expanding the scope of the tax exemption system to cover large-scale single investor funds and include more eligible investments, such as loans and private debt investments, digital assets, precious metals, and more.Once the relevant amendment bill is passed, the measures can be implemented starting from the 2025/26 tax year. Chen Haolian also mentioned that Hong Kong's central clearing and settlement system for gold will officially be launched in the first quarter of next year, providing efficient and reliable clearing services for internationally standardized over-the-counter gold trading.