Today's Crypto and Bitcoin News

BiTui News: Baidu has open-sourced the model weights of ERNIE-5.5-Flash-Base. Following the release of the ERNIE 4.5 series in June 2025, Baidu has once again open-sourced a trillion-parameter large model after approximately 16 months. The subsequent ERNIE 5.0 and 5.1 models were not open-sourced.Ba

BlockBeats news: On November 5, it was reported that the number of layoffs announced by U.S. companies in October dropped to the lowest level for the same period since 2023, while hiring plans increased as businesses began preparing for the holiday shopping season. Data from job placement firm Chall

ChainCatcher report: According to Tencent Hunyuan, Hunyuan Hy4 has been launched on WorkBuddy on November 4. To ensure user experience, the team has urgently scaled up the Hy4 inference cluster by tenfold and increased the free usage quota for users, with ongoing dynamic resource allocation. Due to

CoinDesk reports:1. FAW Besturn Binyue Five-Door Model LaunchedRecently, the FAW Besturn B30 five-door model was launched. The new vehicle is equipped with CATL batteries across all variants and offers four models with two range options: 222 km and 328 km. The official price range is RMB 44,900 to 5

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

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, 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

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, 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

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

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.

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

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, 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’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