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2026/11/07
OpenAI CFO Confirms $20B Fundraising and AI Infrastructure Expansion Amid Political Backlash
OpenAI CFO Sarah Friar said OpenAI will maintain spending on AI infrastructure despite growing public opposition to data centers and midterm votes against new developments. Friar spoke with CNBC's Sara Eisen on Friday at the Citi TMT Leadership Summit in Pebble Beach, California. Friar said OpenAI r
Chip stocks rebound after sharp sell-off; historical data shows a 70% probability of recovery.
BitPush News: On Thursday, the Philadelphia Semiconductor Index (SOX) fell 12%, while the S&P 500 dropped 4%, marking the second-worst single-day performance for the SOX since its inception (the worst occurred in March 2020 at the onset of the COVID-19 pandemic, and the third-worst during the dot-co
a16z Warns Private Equity Buyout Boom Faces Structural Challenges
Andreessen Horowitz warns that the conditions supporting private equity's buyout boom in the 2010s are unlikely to return soon. The firm published commentary on November 4 describing the difficulties facing buyout firms as structural rather than temporary. Managing partner Jen Kha cited higher debt
Address Holds $3M LIT Short Position, Unrealized Profits Decline to $78K
Odaily Planet Daily reports that, according to Odaily monitoring, a certain address currently holds a short position of 872,288 LIT tokens, valued at approximately $3 million. During the previous monitoring period, the peak unrealized profit reached $1.41 million; as of November 7 at 12:18, the curr
Ethereum Price Drops 6% Amid Glamsterdam Upgrade Delay and Market Sell-Off
Key Insights:Ethereum price fell 6% to around $2,220 as a broad market selloff weighed on cryptocurrencies.Ethereum developers delayed Glamsterdam on Hoodi after auditors flagged eight gas-accounting compatibility risks.ETH saw over $210 million in liquidations as spot Ethereum ETFs recorded nearly
$263 million in crypto futures liquidations in 24 hours
ME News reports that, as of November 7 (UTC+8), according to MyToken data, the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $263 million. BTC liquidations totaled $80.79 million, ETH liquidations totaled $57.09 million, SOL liquidations totaled $7.
Nigeria's $11.16M Stablecoin Capital Rule Spreads Faster Than Zcash Upgrade
Across a roughly fifteen-to-sixteen-hour window since publication, one claim spread to seven independent outlets while another reached only three, and the gap says more about the claim than the clock.Across a roughly fifteen-to-sixteen-hour window since publication, one claim spread to seven indepen
$4M USDT Stolen via Zero-Click iOS Exploits Targeting TRON Wallets
Blockchain data firm Bitquery traced at least $4 million in USDT thefts involving a network of 365 TRON addresses. Bitquery published the investigation on November 5, covering activity from October 5 through November 4. The address count includes 89 addresses where only TRX was stolen. The findings
Bitquery Traces $4M in USDT Thefts Across TRON Network
Blockchain data firm Bitquery traced at least $4 million in USDT thefts involving a network of 365 TRON addresses. Bitquery published the investigation on November 5, covering activity from October 5 through November 4. The address count includes 89 addresses where only TRX was stolen. The findings
Whale Wagers $45M on Tom Lee's Ethereum Bottom Call Amid $300M in Long Liquidations
The prediction comes as nearly $300 million in long liquidations put the bottoming thesis to an early testTom Lee, co-founder of Fundstrat Global Advisors, has said he believes Ethereum is in the process of bottoming out after a stretch of price weakness. His comments have drawn attention from trade
Crusoe Sells Wyoming Data Center Project to Google for $17 Billion
Huoxing Finance reports that on November 7, AI data center developer Crusoe confirmed yesterday that it has sold an unfinished data center project in southeastern Wyoming, USA, to Google. Google plans to invest $17 billion to take over and continue development, though the specific acquisition price
Hyperliquid Seeks FCM Registration for U.S. Perpetual Futures Market
A subsidiary of Nasdaq-listed Hyperliquid Strategies is seeking to enter the U.S. derivatives market as a futures commission merchant (FCM), a regulatory step aimed at bringing Hyperliquid-based perpetual futures onshore.In its quarterly results for the period ended Sept. 30, CEO David Schamis said
Goldman Sachs raises its U.S. data center spending forecast to $125 billion by 2028.
Huoxing Finance reports that on November 7, despite market panic triggered by tighter data center regulations following the Democratic Party’s gain of congressional control, Goldman Sachs raised its projections for U.S. data center construction spending, increasing the 2026 forecast from $67 billion
HYPE Spot ETFs Record $7.96M Net Outflow in Single Day
Hype Finance news, according to SoSoValue data, the HYPE spot ETF recorded a total net outflow of $7.9598 million on yesterday (Eastern Time, November 6).The HYPE spot ETF with the largest net outflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a single-day net outflow of $7.05 million; i
U.S. Midterm Election Results, Strong Nonfarm Payrolls, and AI Sector Sell-Off Highlight This Week’s Macro Events
Huo Xing Finance reports: On November 7, changes in the U.S. political landscape are reshaping regulatory expectations for AI data centers, compounded by concerns over the return on AI capital expenditures, triggering a reevaluation of tech stock valuations; meanwhile, strong non-farm payrolls and e
