Key information: A market order for $7.02 million appeared on Kraken ETH.

Bitwise's CEO stated that investors are paying attention to Hyperliquid, and the Bitwise Hyperliquid ETF product BHYP saw its trading volume exceed $40 million in the first three hours after its launch.

[Cohere Raises $20.5 Billion Valuation, Receives Investment from Canadian Government and Nvidia] Canadian AI startup Cohere has completed its first round of funding, valuing the company at $20.5 billion. The total funding is expected to reach up to $5 billion. Investors include the Canadian government, Nvidia, and the Schwarz Group, with the Canadian government committing up to $1.14 billion. Cohere plans to invest approximately $1.2 billion in new computing infrastructure in Canada.

The contract account at a certain address has accumulated profits of approximately $24.63 million. From 22:33 to 23:48 on October 29, 2026, this address opened a long position in HYPE, amounting to approximately $6.29 million, with an average transaction price of approximately $92.14. The address is 0xbf73…5d58.

Binance - BNB/USDT is currently trading at $749.99, down 0.22% in the last 5 minutes. Please be aware of market volatility.

European Central Bank policymakers are expected to raise interest rates on December 17, increasing the deposit rate to 2.75% to combat inflation, before pausing further rate hikes as rising bond yields are anticipated to drag on economic growth and dampen inflation (Source: Reuters).