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JUST IN: 500,000,000 USDC MINTED AT THE USDC TREASURY ARE THEY BUYING BTC, ETH OR ALTS? (Seth)

Microsoft reduced its capital expenditures by approximately $5 billion in the third quarter compared to its original plan due to delays in the delivery of third-party data centers. Specifically, delays in the Iren data center project in Childress, Texas, led to the postponement of spending; Microsoft had previously planned to invest $9.7 billion over five years to lease servers equipped with Nvidia GPUs from Iren. Additionally, Microsoft withdrew from a project to lease a UK data center from Nscale due to grid connection delays. Advanced Micro Devices (AMD) raised its earnings guidance, reporting first-quarter revenue of $19.95 billion, exceeding analysts' expectations of $16.39 billion. AMD projects second-quarter revenue of $19.5 billion to $21.5 billion and raised its fiscal 2027 revenue guidance from $65 billion to $72 billion to $72 billion to $82 billion. (Source: The Information)
The US, Russia, and Ukraine plan to resume working-level talks in Abu Dhabi, United Arab Emirates, on November 10-11, marking their first face-to-face meeting in nine months. US President Trump stated that the parties are very close to resolving the Russia-Ukraine conflict and that a major agreement covering Ukraine and Europe is expected. Ukraine is taking a cautious approach to the outcome of the negotiations. The head of the Ukrainian presidential office, Budanov, stated that he does not expect a breakthrough from the talks, but considers the resumption of face-to-face negotiations itself a step forward. Ukrainian Foreign Minister Sebiga emphasized that security guarantees, de-escalation of the Black Sea situation, an energy ceasefire, the repatriation of Ukrainian children, and the exchange of prisoners of war are Ukraine's priorities, and reiterated that no party can make decisions on the Ukrainian issue without Ukraine's participation. Currently, Russia and Ukraine have significant differences on core issues such as territory and security guarantees, and fighting continues. Europe continues to provide military and economic aid to Ukraine, and the success of these negotiations remains uncertain.
PRO chip distribution data shows that the BTC chip structure has been changing over the past 3 days, shifting from a double peak to a triple peak. The two most concentrated trading prices are $78,006.81 and $75,960.36, respectively, and the dense trading area is gradually shifting downwards. The change in the price distribution pattern indicates that the market has undergone sufficient turnover during this period, and a new cost structure is forming. $75,960.36 will constitute a key support level in the near term. PRO users can use the "Chip Distribution Chart" to track the evolution of chip patterns for any currency and timeframe, and identify the pace of changes in market cost structure. The data is for reference only and does not constitute any investment advice.
Bitdeer released its weekly update, stating that as of November 6th, Bitdeer produced 258.6 Bitcoins this week, all of which have been sold, leaving it with a current Bitcoin holding of 0.
Indian cryptocurrency exchange CoinDCX stated that Indian law enforcement officials visited its Bangalore office on November 4th for a routine inquiry. CoinDCX has fully cooperated and provided necessary information, and trading, deposit, and withdrawal services on the platform are currently operating normally. CoinDCX is registered with the Indian Financial Intelligence Agency, regularly assists law enforcement agencies in conducting inquiries, and complies with the Foreign Exchange Control Act 1999 and customer identification, anti-money laundering, and reporting obligations. Indian law enforcement authorities raided three locations associated with CoinDCX and Delta Exchange, alleging unauthorized cross-border transactions.