🔸 Kevin Hassett, head of the National Economic Council, is the leading candidate for the position of Fed Chair🔸 Bloomberg: Apple may become the world’s top smartphone seller, surpassing Samsung for the first time in 14 years 🎖️🔸 OpenAI forecasts the number of paid ChatGPT subscriptions to reach 220 million by 2030🔸 Chinese regulators are banning ByteDance from using Nvidia chips🔸 Grayscale has filed an application with the SEC to launch a ZEC ETF🔸 S&P Global downgraded the rating of the USDT stablecoin to 5 — Weak🔸 Strategy says investors have nothing to worry about: even if BTC drops to $20k, the firm will still have 2× assets vs. convertible debt 💪🔸 Vitalik Buterin plans to increase gas limits and gas costs on the Ethereum network by 5× https://zora.co/coin/base:0x83ea2fcea9e1e0359b2eed68afc8750b0be0794b?referrer=0x7f2042f2b860dcc353796919ea9005d8a4ba414a
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🔸 U.S. producer inflation in September remained unchanged at 2.7%. Markets now expect a Fed rate cut in December🔸 Reuters: Meta wants to buy billions of dollars’ worth of chips from Google. Nvidia shares are dropping 😮🔸 A wild trader opened a 20,000 BTC long ($1.75B) on Deribit (options)🔸 Forecast: Bank of America believes gold will reach $5,000 in 2026🔸 The U.S. President signed the Genesis Mission directive to accelerate AI development in the U.S.🔸 Bloomberg: China’s LNG imports (liquefied natural gas) have fallen for the 13th consecutive month🔸 Tesla sales in Europe fell 50% in October🔸 Mingzhu Logistics shares crashed 84% due to a new $8M stock offering🔸 The SEC sent the Fuse crypto project a “supportive letter” and said it will not restrict it https://zora.co/coin/base:0xc0b5a12205b2232a7774bf06f6005c18237d4c85?referrer=0x7f2042f2b860dcc353796919ea9005d8a4ba414a
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🔸 Koshelek launched a 1M MON giveaway to celebrate the listing of the Monad project🔸 BlackRock, Fidelity, Vanguard, and JPMorgan sold shares of Strategy last quarter 🔪🔸 FT: CZ is being accused of facilitating Hamas financing🔸 Elon Musk’s Department of Efficiency (DOGE) has been shut down 8 months earlier than planned🔸 Google stock keeps hitting new ATHs — +6% today🔸 Bitmine (Tom Lee) acquired 69,822 ETH ($195M) last week🔸 Morgan Stanley forecasts that global corporate AI spending will reach $3 trillion🔸 Amazon will invest $50 billion to expand AI capabilities for U.S. government agencies🔸 South Korean exchange Upbit plans to pursue an IPO on Nasdaq🔸 Novo Nordisk shares plunged 10% after its Alzheimer’s drug failed clinical trials 💊🔸 Research: North Korean hackers are working inside 15–20% of global crypto companies
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