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2026/11/06

U.S. stock market loses $2.8 trillion in a single day, the largest drop in history

ChainCatcher report: The Macro Paper, a macroeconomic research account on X, posted that as of the time of posting, U.S. stock market capitalization had declined by $2.8 trillion in a single day—the largest single-day market cap loss in history, surpassing the previous record of $2.69 trillion durin

Hyperliquid Becomes the First to Achieve the 'Three Crowns' in Crypto with L1, DEX, and Stablecoin Fees

Odaily Planet Daily report: Jeff Dorman, CIO of digital asset investment firm Arca, said in an interview that Hyperliquid is the first project to truly achieve the "three crowns" of cryptocurrency—owning its own L1 blockchain and generating revenue from DEX trading fees and stablecoin fees. He belie

NVIDIA, SpaceX, and Oracle shares plunge; billionaires lose $185 billion in a single day

According to BitPush News, yesterday, stocks of companies closely tied to AI infrastructure, including NVIDIA, SpaceX, and Oracle, plunged significantly. NVIDIA closed down 9.3%, marking its largest single-day drop since January 2025; SpaceX fell 9%, and Oracle dropped 6.9%.This selling spree also c

US Tech Seven Giants' AI Spending Linked to Market Cap Losses

BitPush News: The Macro Paper, a macro research account on X, posted that, according to data compiled by the account, the seven U.S. tech giants—Alphabet, NVIDIA, Meta, Tesla, Amazon, Microsoft, and Apple—collectively invested approximately $766 billion this year, corresponding to a combined market

Institutions and individuals are positioning for Web3 at the 2026 Hong Kong Fintech Week

Article by Joe Zhou, Foresight NewsThose Who Bought the Bottom of Web3: Observations from the 2026 Hong Kong FinTech WeekSome institutions are quietly buying the bottom of Web3.According to the author’s on-site survey and statistics, at the 2026 Hong Kong FinTech Week, more than 100 companies had bo

Google's Gemini Omni 1.2 Flash extends video length to 15 seconds and reduces cost by 30%.

Based on the API's 720p pricing, the base generation cost for a 15-second video is $1.05.Article author and source: ME NewsTL;DROn November 5, Google officially released Gemini Omni 1.2 Flash, extending video generation duration from 10 seconds to 15 seconds and reducing the 720p generation price by

Anthropic core team members depart ahead of $100B+ IPO

Just as Anthropic approaches a $1 trillion IPO, the world’s most sought-after AI company has lost several key members in succession.On November 5, Cat Wu, former head of product for Claude Code, announced she has joined OpenAI as Head of Core Product Management. She will be involved in developing Op

Large investors question Anthropic's $1.5 trillion IPO valuation as AI fears trigger market sell-off

Daily AI · Crypto · Macro · Market News — Bitpush highlights the key points for you ↓AI · Dynamic[WSJ: Large investors question Anthropic's $1.5 trillion IPO valuation as too high]Blockworks reports, citing people familiar with the matter, that after market-wide sell-offs triggered by the unwinding

Harvard’s Youngest Chinese Full Professor Leaves OpenAI After Five Months

Source: Quantum BitThe prodigy from the University of Science and Technology of China’s Young Talent Program left OpenAI; the youngest Chinese full professor in Harvard’s history, after only five months.OpenAI, you can't hold onto people either, I see.Just now, the youngest Chinese tenured professor

MarsBit: 'Maji Brother' Suffers $505,000 Loss After NFT Sales Dwindle in 4 Days

Huo Xing Cai Jing reports that on November 6, according to Lookonchain monitoring, Huang Licheng, known as "Maji Dage," has been liquidated again. Over the past four days, he raised $223,000 by selling 15 NFTs at a loss of $505,000, only to lose that amount again shortly after. Currently, his cumula

Zcash NU7 Upgrade Activated on Mainnet, Block Time Reduced to 25 Seconds

ME News reports that on November 6 (UTC+8), Zcash announced that the NU7 upgrade has been activated on the mainnet. The upgrade includes reducing the block time from 75 seconds to 25 seconds; 60% of transaction fees per block will no longer be paid immediately to miners but will instead be temporari

Optimism Proposes 30-Day Notice for Chain Upgrade Control Transfers

An Optimism governance proposal published Nov. 5 would require at least 30 days' public notice before a chain transfers upgrade control from the shared Security Council, giving users time to assess changes to the network's security model.The proposed Standard Rollup Charter amendment concerns chains

Tom Lee Criticizes AI Panic, Says Market's Pessimism Is Overblown

BitPush News: Tom Lee, Chairman of Ethereum treasury company Bitmine, shared an analysis of Texas data center policies. It is reported that Texas Governor-elect Gina Hinojosa has clearly stated that all currently permitted data center projects may continue construction, expected to span the entirety

Anthropic's IPO Faces Valuation and Timing Challenges Amid Tech Stock Sell-Off

Original author: Zhao YingSource: Wall Street JournalAI star company Anthropic is facing a major test of its IPO plans. Two days after the midterm elections, during a tech stock crash that erased $2.5 trillion in market value from Nasdaq Composite Index components, Anthropic’s IPO—once seen as a "mu

Pump.fun Co-Founder Alon Announces Hiring for Prediction Market Business

Odaily Planet Daily reports: Alon, co-founder of Pump.fun, posted on X that his underlying development company, Baton Corporation, is hiring three business development roles focused on perpetual contracts, prediction markets, and trading terminals.Alon stated that to expand Pump.fun’s social network

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