The US stock market closed with the Nasdaq up 1.28%
At the close of the US stock market, the Dow Jones Industrial Average rose 0.3%, the Nasdaq rose 1.28%, and the S&P 500 index rose 0.61%.
At the close of the US stock market, the Dow Jones Industrial Average rose 0.3%, the Nasdaq rose 1.28%, and the S&P 500 index rose 0.61%.
[Hedera Spot ETF Single-Day Net Inflow of $1.57 Million, Litecoin Spot ETF Net Inflow of $200,000] On November 4th, Eastern Time, the Canary HBAR Spot ETF recorded a single-day net inflow of $1.57 million, bringing the total net asset value to $60.42 million, with an HBAR net asset ratio of 0.86%. The Canary Litecoin Spot ETF saw a single-day net inflow of $200,000, with a total net asset value of $2.43 million and an LTC net asset ratio of 0.04%.
[Aave platform wstETH leveraged long position liquidated, involving approximately $23.44 million] After Ethereum's price fell below the $3,200 mark, an address (0xa740…b5b6) triggered the liquidation mechanism for its wstETH leveraged long position on the Aave platform, with a total liquidation amount of approximately $23.44 million. Reportedly, the address belongs to a whale account, and this liquidation event highlights the risks of market volatility for high-leverage positions.
[Cipher Plans to Issue $1.4 Billion in Bonds to Build Texas HPC Data Center] Mining company Cipher Mining announced plans to raise $1.4 billion through a private bond issuance to construct a high-performance computing (HPC) facility in Barber Lake, Texas. The bonds are senior secured notes maturing in 2030 and will be issued to qualified institutional investors under Rule 144A of the Securities Act. The notes are guaranteed by Cipher Barber Lake LLC and are secured by a first-priority pledge of nearly all assets of the issuer and guarantor, as well as the equity of the parent company. This also includes a lockbox account established by Fluidstack USA II Inc. and a pledge of warrants from Google LLC. This move follows Cipher's recent signing of a $5.5 billion, 15-year lease agreement with AWS, marking the company's accelerated transition toward AI and cloud computing hosting services.
BBX News: Yesterday, global listed companies simultaneously advanced their cryptocurrency financing and allocation: - Financing Innovation: MicroStrategy (NASDAQ: MSTR) submits a plan to issue 3.5 million shares of Euro preferred stock, marking the first Euro financing coin purchase case; Canaan Technology (NASDAQ: CAN) completes $72 million ADS issuance to expand production of mining machines BTC increase: Smarter Web Company (OTCMKTS: TSWCF) from the UK increased its holdings of 4 BTC to 2664; Hyperscale Data (NYSE American: GPUS) holds 234.7 BTC with a treasury size of $73.5 million - Strategy deepening: Institutions generally adopt fixed investment strategies, and Hyperscale explicitly implements the US dollar cost averaging method to advance towards the $100 million target The listed company disclosed a single day financing and investment amount exceeding 170 million US dollars, significantly increasing its participation in the European market. Source: bbx.com
[Linea Burn Mechanism Goes Live, Transactions Will Burn ETH and LINEA Proportionally] Linea announced that the token burn mechanism is officially live. For each on-chain transaction, gas fees will be burned at a 1:4 ratio of ETH to LINEA. All gas fees are paid in ETH and collected through the fee contract. After deducting infrastructure costs, 100% of the remaining funds will be used for burning, with 20% burned in the form of ETH and 80% converted to LINEA and burned on L1. Additionally, the token burn data tracking feature is now live.