Citrini's View: Samsung is the top pick among the three major memory manufacturers, and is expected to absorb excess demand for NVHBM.

Lucas Schuermann, founder of on-chain derivatives protocol Variational on Arbitrum, outlined the platform’s three-year roadmap: 2025 will see initial growth achieved and the Omni-brokerage model validated; 2026 will focus on advancing RWA perpetuals and swaps to bring traditional finance liquidity on-chain; 2027 will launch Variational Pro, covering options, structured products, and other OTC derivatives, bringing institutional-grade trading on-chain.

HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is down 0.25% over the past 24 hours, currently trading at $1,909, with its over-the-counter (OTC) market capitalization falling to $1.909 trillion from $2.1 trillion at the start of the month. The contract has a 24-hour trading volume of $5.6 million and open interest of $40 million.

Strategy founder Michael Saylor recently told Bloomberg that MSCI’s plan to exclude firms like Strategy from global stock indices is disappointing. He argued that classifying oil, natural gas, land and machinery as capital while excluding Bitcoin amounts to a biased value judgment, adding MSCI is acting like an unregistered investment advisor. The exclusion will have limited impact on Strategy, but Saylor hopes MSCI will reconsider the move. He stressed that Strategy is an operating company whose product is "digital credit", noting it belongs to the same category of financial operators as banks and insurance firms, rather than a holding company. Earlier, MSCI finalized its rule to remove "non-operating companies" from the Global Investable Market Index, which is set to take effect after trading closes on November 30, with the final affected list to be announced on November 11.

On-chain detective Specter reposted a tweet alerting the community that the InfoFi project’s BILL token is suspected to be a scam. The BILL token (full name Billion, ticker: BILL) has plunged around 97% from its all-time high. Over the past two months, 17 addresses that received tokens from team-linked wallets have deposited approximately 988 million BILL onto crypto exchanges. This week alone, another set of independent deposit addresses added around 360 million BILL to exchanges, with the tokens sourced from the project team’s multi-signature wallets. Statistics show that the total BILL tokens flowing into exchanges over the past two months amount to roughly 1.35 billion, accounting for about 13.6% of the total token supply, with an estimated value of approximately $15 million. The project’s team previously secured around $30 million in funding from investors including Coinbase Ventures and Polychain Capital.

Crypto analyst Micha?l van de Poppe posted that Bitcoin’s price range is gradually narrowing, with volatility declining, signaling a major price swing is likely ahead—but a "false move" could occur first. He noted that this false move could push Bitcoin’s price below $80,000, to the "blue box" zone marked on his chart. This zone has already been tested once before, and he would not be surprised if it is retested, calling it an ideal entry area. On the upside, he stated that if Bitcoin breaks through the key resistance level of $82,000, its rally will accelerate and likely move toward $90,000.

At the RTX Spark launch event, Nvidia PC Senior Vice President Jeff Fisher stated in an interview that the RTX 5090 graphics card has not been discontinued. He emphasized that the RTX 5090 is an extremely important core product for Nvidia, and the company will continue to supply it. Fisher also acknowledged that supply chain production capacity remains constrained, but added that Nvidia is making every effort to ensure the product launches smoothly.