Bitcoin analyst sentiment has entered a clearly bearish phase, CryptoQuant said on November 11. Its analyst consensus index fell from −1.0σ to −1.8σ over the past seven days, below the −1.5σ level the firm marks as significantly bearish. Bitcoin fell to around $73,000 over the same period.Of the analysts with a clear stance over the past week, 88 were bullish and 59 bearish, according to CryptoQuant. Bulls still make up about 60%, so the balance is slightly bullish, but that’s well below recent norms. CryptoQuant said ETF outflows, inflation concerns and a weaker Nasdaq weighed on sentiment, although Nasdaq futures rebounded on Wednesday.The index tracks bullish and bearish views on bitcoin from analysts on platforms including X, Seeking Alpha and Substack, counting one vote per person. It compares the current reading with the past 90 days, so a negative value means sentiment is more bearish than usual.

DeFi Development has promoted Chief Financial Officer John Han to Chief Operating Officer, and he will continue serving as CFO. According to Foresight News, the Solana treasury company, listed on Nasdaq as DFDV, said Han will oversee daily operations and coordination across departments while continuing to lead financial strategy, capital markets activities and financial reporting.

According to CNBC, Capri Holdings named Justin Boxford CEO on Wednesday, replacing company veteran John Idol effective January 4. Boxford joins after nearly 23 years at Estee Lauder, where he most recently served as global president of its luxury beauty brands. Capri shares fell marginally in premarket trading.

Nasdaq futures rose 2% in pre-market trading on November 11, according to market data, after CoreWeave’s earnings beat estimates. S&P 500 futures gained 0.9% and Dow futures rose 0.19%.Optical communication stocks led the gains:AXT (AXTI): +10.15%Lumentum (LITE): +9.47%Coherent (COHR): +9.40%Marvell Technology (MRVL): +8.09%Applied Optoelectronics (AAOI): +8.03%Ciena (CIEN): +7.27%Fabrinet (FN): +5.56%Semiconductor and memory stocks also rose:Seagate Technology (STX): +8.64%SanDisk (SNDK): +8.59%Western Digital (WDC): +7.29%AMD: +7.29%Micron Technology (MU): +6.88%Intel (INTC): +6.73%Nvidia (NVDA): +4.09%Crypto stocks edged higher:SharpLink (SBET): +1.88%Strategy (MSTR): +1.13%Circle (CRCL): +1.12%BitMine (BMNR): +0.64%

With the implementation of individual income tax on offshore trusts, tax loopholes surrounding crypto assets are being gradually filled.

Morgan Stanley removed Nvidia (NVDA.O) from its list of top picks on November 11, while keeping an overweight rating on the stock.The move follows Citi’s cut to its Nvidia price target, from $315 to $285, on November 10. Nvidia shares fell 5.5% on Tuesday, and its board is investigating reports about CEO Jensen Huang.

The 81 Collection, a Chicago-based venture capital firm and backer of Colossal Biosciences Inc., raised $82 million for its second fund, according to Bloomberg.

CoreWeave shares rose 15.6% to $56.33 in premarket trading Wednesday after CEO Michael Intrator said the AI cloud company would avoid unsecured debt at current yields. The pledge helped lift the stock after a 47.5% slide in a month, according to BeInCrypto. On Tuesday’s earnings call, Intrator said CoreWeave would not use the unsecured debt market to fund its business at current yields; CFO Nitin Agrawal said the company would not issue more unsecured debt through 2027. CoreWeave plans to borrow against signed customer contracts at an expected 7% to 7.5%, while customers are expected to provide about $9 billion in prepayments and deposits within three months. The company also plans to raise less than $5 billion at the parent level through 2027. Its 2032 bonds yielded above 16% on November 6, more than three times the 10-year Treasury yield. Options had priced a 20.7% move in either direction. Interest expense reached $846 million in the third quarter, and CoreWeave expects $1.05 billion to $1.15 billion next quarter. Over the past year, interest costs increased 173%, while revenue grew 168%. Jefferies cut its price target to $90 from $150; Citizens kept a $180 target and said financing costs remain substantial. Nebius borrowed $3.5 billion through a one-year secured facility from Citi in October, while IREN closed a $3.65 billion GPU loan backed by a Microsoft contract in June. Nebius reports Thursday.

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

Six real-world incidents demonstrate that attackers can recover the private key even without reading it, by exploiting implementation flaws.

The underwriting investment banks valued Anthropic at $1 trillion, with a price-to-sales ratio of only 12, growth rate far exceeding that of Apple and Microsoft, and retail investor share as high as 20%.

When intelligence and labor are no longer scarce, what truly slows down the implementation of technology is the verification process: whoever can make the simulation, testing, and data loop run faster will hold the accelerator key for the physical world.

What crypto anarchism really wants to protect is not the price of tokens, but whether ordinary people can cooperate, make money, and exit without exposing their lives.

The SEC has granted a five-year regulatory exemption for on-chain stock trading for the first time, and Uniswap positions AMMs and Hooks as trading infrastructure capable of supporting compliant securities.

Anthropic will list on Nasdaq on November 19, raising up to $90 billion, but its growth rate has dropped from 144% to 47%, with the $900.9 billion computing power commitment being the real gamble.

Vitalik argues that ETH should be considered a store of value, but there are three hurdles for ETH to become a true SoV: annual net issuance, the ability to modify supply policies, and the need for continuous network upgrades.

With inflation stuck at 3.7%, households relying on less savings to maintain consumption, and AI capital expenditures shifting towards debt and equity financing, the market has not yet priced in the "comfort" of all this.