Circle's Financial Report: Holds Over 500,000 HYPE Tokens, 380 Million Canton Coin Tokens, and Other Digital Assets

Blast officially announced that its Blast Layer 2 network has been shut down. Users who still hold assets in Blast L2 wallets, have pending withdrawals, or have assets in Blast Mobile can retrieve their ETH or USD assets via the official recovery website at blast.io. The company noted that the asset recovery site will remain open for 12 months, with the final support date set for November 4, 2027.

According to Coinglass data, global crypto liquidations hit $139 million in the past hour, including $17.168 million in long-position liquidations and $122 million in short-position liquidations. Over the past 24 hours, 102,634 traders were liquidated, with total liquidation volume reaching $580 million. The largest single liquidation order occurred on Binance’s ETHUSDT trading pair, valued at $5.0328 million.

According to HTX market data, Ethereum rebounded to break through $2,400, with a 24-hour gain of 4.98%.

According to data from BIT Stock Platform, leading US tech stocks showed mixed performance: Amazon (AMZN.O) rose 6%, Alibaba (BABA.N) gained 4.6%, Microsoft (MSFT.O) and Apple (AAPL.O) climbed over 4%. Micron Technology (MU.O) dropped more than 4%, Intel (INTC.O) and ASML (ASML.O) fell over 3%, while NVIDIA (NVDA.O) declined 2.7%.

According to HTX market data, Bitcoin has rebounded to break through the $79,000 level.

Following the release of U.S. midterm election results, the Democratic Party retook control of both chambers of Congress, but U.S. stocks rebounded quickly after a brief dip. Nasdaq 100 futures fell as much as 2.4% on election night, then turned to gain 0.9%, bouncing roughly 929 points from their intraday low; S&P 500 futures rose around 1%, while Dow futures climbed about 700 points. Analysts from Goldman Sachs and Deutsche Bank attributed the rally mainly to the unwinding of hedging positions built up ahead of the election once results became clear, while falling political uncertainty also compressed market risk premiums. Goldman Sachs noted that the AI infrastructure sector had already seen significant valuation compression, and a drop in short-term volatility could further support equities. Still, market concerns over AI investment persist. Texas Governor-elect Gina Hinojosa stated that construction permits for data centers will not be unfrozen until a more comprehensive regulatory framework is in place, which could delay several gigawatts of planned computing capacity originally set to launch in 2027 to 2028. Deutsche Bank, meanwhile, views the U.S. debt ceiling issue, which could come to a head in the second quarter of next year, as a key policy risk. Whether the Republican Party can reach a debt ceiling adjustment deal before the new Congress takes office in January will impact subsequent fiscal policy uncertainty. Analysts argue that the current rally largely reflects position adjustments and risk premium compression, with data center construction permits, AI infrastructure investment, and debt ceiling negotiations being the key tests the market will face going forward.