58bro.eth has accumulated $39.66 million in profits on Hyperliquid, with an 87.5% win rate. According to Odaily, Lookonchain data shows that 58bro.eth sold 8,000 ETH at $2,397 one week ago and bought back 10,501 ETH over the past two days at an average price of $1,978.

Michael Burry doubled his bearish Nasdaq 100 options position and described the AI boom as a potential “bull trap” following Nvidia CEO Jensen Huang’s departure. According to Sina Finance, citing Wall Street News, Burry said he doubled the puts on November 12 as the index rebounded to 27,000; the options expire in early 2027 and were about 20% out of the money. Burry compared the Nasdaq 100’s October 6 high this year with the market peak before the dot-com bubble burst in March 2000. He said chip stocks and the broader technology sector could see a significant correction by mid-2027. Burry also reopened puts on the VanEck Semiconductor ETF after previously closing the position. He advised investors to exit, arguing that Huang’s departure could hurt Nvidia’s margins and growth prospects and affect companies across the AI supply chain. He named cloud providers CoreWeave and Nebius, both major Nvidia GPU customers, and TSMC, which produces Nvidia’s high-end chips, among the companies exposed. In October, Burry said his short positions had shifted from individual stocks including Nvidia and Palantir toward index-level bets, primarily puts on the VanEck Semiconductor ETF.

Global capital markets are undergoing a new round of asset repricing and rebalancing amid geopolitical tensions and policy uncertainty, China Securities Regulatory Commission Chairman Wu Qing said, according to Bloomberg.

According to ChainCatcher, Web3Auth has restored wallet access for users affected by a security incident involving a vulnerability in its infrastructure. The incident enabled unauthorized access to some embedded wallets created through Google or Apple sign-in, including Torus Wallet and wallets used by third-party apps such as Keplr. The affected funds are being held securely by the project, which is coordinating their return and expects to announce the process in the coming days. Recovery efforts are ongoing. Login and wallet access have resumed for existing users of Web3Auth Plug & Play and the Single Factor Auth (SFA) SDK, though some restrictions remain. Web3Auth SDK v9 and earlier versions have been deprecated, and developers must upgrade to v10 or v11. Existing SFA users can log in, but new registrations are temporarily restricted. Developers on the Sapphire network can enable new registrations by migrating to the latest SDK; the feature is planned to return on the Legacy network by November 23, 2026. Web3Auth warned users about impersonation scams offering asset recovery and advised them not to share seed phrases, private keys, or login credentials, or trust unsolicited recovery offers.

According to ChainCatcher citing CloverPool data, Bitcoin mining difficulty fell 9.13% at block height 975,744, dropping from 148.36 T to 134.82 T. This was the largest single decrease since a 10.09% reduction on June 14. The two previous adjustments raised difficulty by 5.54% on October 29 and 5.92% on October 16.

According to Jin10, the Financial Times reported that Bank of England Chief Economist Huw Pill said further rate increases may be needed in 2027, beyond the December hike. Pill said last week’s 25-basis-point increase to 4% was an important step toward a more appropriate monetary policy stance, but that there was still further to go. He cited the risk of second-round effects, with high energy costs feeding through to wages and businesses’ overall pricing, and said he expected evidence next year that would prompt further rate hikes. Pill said the Bank would take necessary measures to return inflation to its 2% target, adding that pressure to achieve it may now be greater. He said market expectations that the rate could approach 5% in 2027 were not unreasonable, and that the risks supported some of the rate increases priced in by markets, though he was reluctant to say whether they justified the full amount.

According to Jin10, the Bank of England's chief economist said the Bank should have raised interest rates before this month.

Should the founder who built a global AI chip empire over 33 years really leave?

Jensen Huang, Nvidia, ETH. Jensen Huang was also once an "Ethereum KOL." Jinse Finance: "Ethereum will become quite valuable."

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3242, providing you with the latest and fastest news on the digital currency and blockchain industry.

Anthropic's prospectus refers to the $40 trillion in wages paid to global knowledge workers as "economic value." This article follows up on the footnote by asking: if this money is indeed consumed by the model, whose account will it flow to?

Following Jensen Huang's resignation, Polymarket has bet on ten potential successors: Ian Buck leads with 30%, followed by Kress at 17%, and outsiders Haas and Srugi each at 12%. This article analyzes the three camps and the challenges of poaching talent.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

AI currently serves more as a discovery and auxiliary entry point for shopping than as an independent buyer; the true economic boundary of agency commerce lies in the cost of verifying whether a purchase is correct, and stablecoins can only save some access and settlement friction.

After Jensen Huang resigned, Nvidia's stock price fell 31% from its peak, with a price-to-earnings ratio of only 12. Barron's believes the key is profitability rather than personnel, and analysts have given it up to 160% upside potential.

When the telephone was invented, no one knew what it was meant to be used for, but it was eventually envisioned as the nervous system of a "world brain" connecting all of humanity.

Airwallex CEO Zhang Shuo once questioned cryptocurrencies, but now his co-founded Alta has completed a $47.5 million funding round to create blockchains for financial institutions.