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2026/11/05
Microsoft's $5 Billion AI Spending Shortfall Sparks Concerns Over IREN and Nebius Projects
Microsoft spent $5 billion less than expected on AI infrastructure last quarter. Microsoft disclosed the spending gap on last month's quarterly earnings call. CFO Amy Hood said delays involving outside cloud providers caused the shortfall, without naming the providers. Satellite analysis reportedly
Address Suffers $5.82M Loss on CL Crude Oil Longs; Hyperliquid Losses Rise to $13.79M
Huo Xing Finance reports that, on November 5, according to OnchainLens monitoring, a certain address closed out $56.6 million in long positions for CL crude oil, incurring a loss of $5.82 million. The address currently still holds $95.7 million in leveraged Brent crude oil long positions, with an un
Riot Platforms Signs $28 Billion AI Agreement with Anthropic, Involving 12% Interest
Riot Platforms, a bitcoin miner converting Texas power sites into AI campuses, has signed a $28 billion agreement with Claude developer Anthropic. The agreement could require Riot to pay Anthropic 12% annual interest on billions in construction costs. The project encompasses 910 megawatts at Riot's
Bitcoin Reclaims $80,000 as Market Rallies, Shiba Inu Struggles
What to KnowBitcoin reclaimed $80,000 as massive short liquidations and renewed ETF inflows supported recovery across major cryptocurrencies, including Ethereum and XRP.Spot Bitcoin ETFs attracted $74.6 million in inflows, while technical indicators showed improving momentum despite concerns about f
Riot Platforms Signs $28 Billion AI Deal with Anthropic, Could Pay 12% Interest
Riot Platforms, a bitcoin miner converting Texas power sites into AI campuses, has signed a $28 billion agreement with Claude developer Anthropic. The agreement could require Riot to pay Anthropic 12% annual interest on billions in construction costs. The project encompasses 910 megawatts at Riot's
Tech Giants Shift Strategy After 43-1 Voter Rejection of Data Center Expansion
Major technology companies are turning to community payments and concessions after voters approved data center restrictions by a 43-1 tally across 10 states. Restrictions attracted an average of 75% support, with decisive margins. Analysts say about 60% of planned U.S. capacity for 2028 risks delays
Trader Loses $5.82M on WTI Crude Long Position; Total Loss on Hyperliquid Reaches $13.79M
PANews, November 5: According to Onchain Lens monitoring, a trader closed a $56.6 million long position in CL (WTI crude oil), incurring a loss of $5.82 million. This wallet still holds a $95.7 million leveraged long position in Brent crude oil, with an additional $7.06 million in unrealized losses.
UstarPay Partners with BitGo Bank & Trust to Enhance Digital Asset Custody for Payment and Card Services
ME News reports that on November 5 (UTC+8), the crypto payment infrastructure UstarPay has partnered with BitGo Bank & Trust to serve as the custodian for UstarPay’s digital assets underlying its payment and card services. This collaboration aims to enhance custody processes and clarify operational
AI Investment Slowdown Seen as Potential Economic Relief
A slowdown in AI investment could improve companies' cash flows, reduce financing expenses and help companies avoid risky investments. Major technology companies operating large-scale computing infrastructure were among Wednesday's strongest performers during the post-election relief rally. Microsof
Block to Pay $764M to Resolve DOJ Anti-Money Laundering Probe
Block, the company behind Cash App, is set to pay $764 million to resolve a federal investigation into the company's anti-money laundering program. Jack Dorsey's Block disclosed the proposed resolution in the company's latest quarterly filing with the Securities and Exchange Commission (SEC). Block
South Korea Proposes Fourth Crypto Tax Delay to 2029
South Korea’s government is moving to delay its planned cryptocurrency gains tax by two more years, pushing the levy’s start date to 2029—its fourth postponement of the measure.Finance Minister Lee Hyoung-il announced the proposal on Thursday, saying the ministry will consult lawmakers about shiftin
Prosper Genesis Season Round 2 Launches on November 5 with Upgraded Rewards
The MemeRWA platform Prosper, built on the Pharos Network, has announced that the second round of Genesis Season will officially launch on November 5. This round will feature enhanced gameplay including upgraded trading competitions, badge collection, daily giveaways, and referral leaderboards, with
US Midterms 2026: CLARITY Act Faces Expiry on January 3, 2027
After the US midterms of November 3, 2026, the crypto industry faces a clear deadline: the CLARITY Act expires on January 3, 2027, if the Senate does not act by then. On that day the new Congress convenes, with Democrats leading both chambers. According to NBC News, the Senate stood at 54 to 44 on W
Anthropic's $1.5T IPO Valuation Faces Skepticism Amid Insider Sales Concerns
A recent article from Motley Fool advises investors to steer clear of Anthropic’s upcoming IPO due to its high valuation, IPO risks, technology bubbles, and early insider share sales. This cautionary stance comes as Anthropic, known for its Claude model family, prepares to debut on Nasdaq under the
Bitcoin and Gold Surge Post-US Midterm Elections Amid $378M Short Squeeze
Bitcoin rose above $81,000 after rebounding from about $75,600 on Nov. 4. Gold futures advanced 3.4% to $4,061.10, marking the largest one-day increase in three months. The dollar weakened as investors assessed the Democrats' sweeping US midterm election victory. The parallel Bitcoin and gold gains
