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With a valuation comparable to OpenAI and surpassing SpaceX and ByteDance, Tether has attracted significant attention.
No need for chart analysis, macro research, or even inputting the amount of funds.
The US government shutdown has entered its 36th day, leading to a decline in global financial markets. The shutdown has prevented funds from being released from the Treasury General Account (TGA), draining market liquidity and triggering a liquidity crisis. Interbank lending rates have soared, while default rates on commercial real estate and auto loans have risen, increasing systemic risk. The market is divided over future trends: pessimists believe the liquidity shock will persist, while optimists expect a liquidity release after the shutdown ends. Summary generated by Mars AI. The accuracy and completeness of this summary are still being improved as the Mars AI model is updated.
Nvidia CEO Jensen Huang stated bluntly that, thanks to advantages in electricity prices and regulation, China will win the AI race. He added that overly cautious and conservative regulation in Western countries such as the UK and the US will "hold them back."
As Wall Street grows increasingly concerned about an AI bubble burst, OpenAI's CFO is instead calling for "more enthusiasm." She also stated that going public is currently not in the company's plans.
The Federal Reserve's ongoing interest rate cuts continue to inject liquidity into the market, which should, in theory, boost the prices of risk assets. However, why does the crypto market continue to decline? In particular, why did BTC experience a significant breakdown yesterday? This article will explore the underlying reasons and present key observation indicators.
- 07:00The U.S. federal government "shutdown" enters its 37th day, setting a new record for the longest "shutdown" in history.ChainCatcher News, as Eastern Time in the United States officially enters November 6, the U.S. federal government "shutdown" has reached its 37th day, setting a new record for the longest "shutdown" in history. Previously, the U.S. government experienced a 35-day "shutdown" from the end of 2018 to the beginning of 2019. According to earlier reports today and Polymarket data, the probability that the platform's "U.S. government shutdown will end after November 16" has surged to 44%, which may indicate that it will be difficult for the U.S. government to "reopen" in the short term. In addition, the probability of the shutdown ending between November 4 and 7 is currently reported at 3%, while the probability of it ending between November 8 and 11 is 22%; the probability of it ending between November 12 and 15 is 30%. Risk Warning
- 06:57UBS completes first real-time tokenized fund transaction using Chainlink's Digital Transfer Agent technology standardJinse Finance reported that UBS Group (NYSE: UBS) has announced the completion of its first fully operational tokenized fund transaction based on the Chainlink Digital Transfer Agent (DTA) technology standard. This transaction enabled the on-chain subscription and redemption process of the UBS US Dollar Money Market Investment Fund token (uMINT), demonstrating how fund operations can be automated through blockchain to enhance efficiency and practicality. In this real-world transaction, DigiFT acted as the on-chain fund distributor, using the DTA standard to initiate and process subscription and redemption instructions. The full workflow of this tokenized fund covers every stage of the fund lifecycle, including order receipt, execution, settlement, and data synchronization between on-chain and off-chain systems.
- 06:51Japanese and South Korean stock markets closed higherJinse Finance reported that the Nikkei 225 Index closed up 671.41 points, or 1.34%, at 50,883.68 points on Thursday, November 6. The Korea KOSPI Index closed up 22.03 points, or 0.55%, at 4,026.45 points on Thursday, November 6. (Golden Ten Data)