Lookonchain APP

App Store

Analysis: Gold remains under sustained pressure as investors await clarity on U.S. midterm election results.

1 hours ago

Philip Nova analyst Priyanka Sachdeva said investors are cautiously assessing the progress of the U.S. midterm elections. Current spot gold prices are under pressure, having once fallen to $3,900 per ounce before a minor rebound. The critical question is whether the election results will have a sufficiently large impact on the broader macroeconomic environment to drive a gold price reversal, or merely add new uncertainty to the already volatile investment landscape. While the pullback in oil prices has eased inflation concerns to some extent, persistently high U.S. Treasury yields, a relatively strong U.S. dollar, and market expectations of further monetary policy tightening by the Federal Reserve continue to cap gold’s upside. Against the backdrop of a generally weak market environment, as midterm election results become clearer, some investors may gradually enter the market, forming more solid buying interest. Before that, many investors may still prefer to stay on the sidelines temporarily, waiting for U.S. Treasury yields, dollar movements, and market risk sentiment to clarify before deploying new capital.

Relevant content

Trump: The public may be unwilling to bear the short-term impact of rising gasoline prices, but they approve of him.

US President Donald Trump said the public may be unwilling to bear the short-term rise in gasoline prices caused by the Iran issue, adding that the public backs his handling of the Iran issue.

9 minutes ago

Democrats win Minnesota Senate race

CNN projects that Democratic Lieutenant Governor Peggy Flanagan will win the Minnesota State Senate race. The latest results confirm the Democrats have secured a majority, taking control of the chamber, with 52 seats total (a net gain of 6), while Republicans hold just 39 seats.

9 minutes ago

CZ: Large-scale theft exposes serious security lapses, and sharing details of the incident will help the entire industry learn lessons.

Binance co-founder CZ has published a post, stating that a hack of this scale signals a serious security lapse. No platform can guarantee absolute security, but that is no excuse. CZ added that the public statement simplifies an attack that appears to have spanned months or years, targeting hundreds of employees and systems, with only a small number of targets ultimately compromised. He believes sharing details will help the entire industry draw lessons. As a shareholder, he hopes Binance will transparently disclose issues, take responsibility, listen to criticism, and make substantive improvements.

9 minutes ago

Mercado Bitcoin hacker has dumped altcoins including PEPE and AAVE, converting all to ETH.

According to Lookonchain's monitoring, the Mercado Bitcoin hacker has sold off multiple altcoins including PEPE, AAVE, UNI, ONDO, and ENA, and converted all the proceeds into ETH. Currently, the hacker holds 7,988 ETH, valued at approximately $18.19 million.

9 minutes ago

Tencent has released the official version of Hy4, and its comprehensive performance ranks among the strongest open-source models.

Beating AI News Flash: Tencent Hunyuan releases the official version of Hy4. Compared to the August preview, the official Hy4 has expanded pre-training and post-training scales, enhanced capabilities in programming, long-horizon agents, financial analysis, and for the first time added visual understanding and computer operation functions. Multiple evaluations released by Tencent show that its overall performance has entered the first echelon of open-source models. Hy4 can now operate computers by integrating screen content, mouse/keyboard inputs, and command lines to complete cross-software tasks. To this end, Tencent built a sandbox with hundreds of software deployed, allowing the model to practice repeatedly and verify results. In game development, GameDev and GameLogic evaluations improved by 19.1% and 9.8% respectively compared to the preview version. Hy4 also made new progress in scientific research tasks. Tencent said that Hy4 completed 3D reconstruction of a mouse embryo with nearly 7 million cells in 1.5 hours without human intervention; it can also independently locate performance bottlenecks in model training systems, increasing training throughput in internal tests by 20.1%. The official version maintains the API pricing of the preview. Standard API calls on Tencent Cloud are offered a limited-time 50% discount until December 31, while Token Plan subscriptions enjoy points consumption at 25% of the original rate until November 18. The model is now available on platforms including Tencent Cloud and OpenRouter, with its weights planned to be open-sourced soon.

9 minutes ago

MercadoBitcoin hacker dumps altcoins for 7,988 $ETH worth $18.19M

The @MercadoBitcoin hacker has dumped $PEPE, $AAVE, $UNI, $ONDO, $ENA, and other altcoins, swapping them all for $ETH. The hacker now holds 7,988 $ETH ($18.19M).

9 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano