A trader faced three consecutive liquidations, incurring losses of $5.08 million.

Marble announced its official launch and completion of a $11 million seed financing round today. The round was led by Polychain Capital, with participation from venture capital firms and strategic investors including Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, as well as individual investors focused on the AI sector. Marble provides capital and liquidity to global frontier markets via its two core business lines: Marble Compute, which is building an institutional private credit system for AI infrastructure, connecting institutional lenders with emerging cloud providers (Neocloud) and GPU operators advancing AI infrastructure; and Marble Markets, which is developing an institutional trading platform covering digital assets, real-world assets (RWA), prediction markets, and computing power markets. Marble was co-founded by Matt Ballensweig and Leon Marshall, who serve as co-CEOs. Ballensweig previously served as Global Head of Trading at BitGo, where he built and led its institutional trading business, and co-led trading and lending operations at Genesis. Marshall was most recently CEO of Europe at Galaxy Digital, and held prior roles at Genesis, Apollo, and Trafigura. The firm added that it will continue expanding its team in the coming months, with plans to recruit senior talent from leading trading firms, trading platforms, and AI infrastructure companies.

After the release of U.S. October inflation data, according to CME’s FedWatch tool, the probability that the Federal Reserve will hold interest rates steady in December stands at 0%. The chance of a 25 basis point rate hike is 84.7%, while the probability of a total 50 basis point rate hike is 15.3% (previously 1.1%). For next January, the probability of the Fed keeping rates unchanged is 0%, the probability of a total 25 basis point rate hike is 43.9%, a total 50 basis point rate hike is 48.8%, and a total 75 basis point rate hike is 7.4%.

Key pre-market news for U.S. stocks on Tuesday is as follows: 1. U.S. October seasonally adjusted CPI month-on-month rate came in at 0.4%, against an expected 0.3%; 2. Google has released an emergency Chrome security update to patch a zero-day vulnerability exploited in the wild, urging users to upgrade immediately; 3. Federal Reserve Governor Waller stated he will support a 25 basis point interest rate hike next month, and a 50 basis point hike if necessary; 4. Apple has completed a $7.5 billion corporate bond issuance; 5. Alibaba plans to spin off its T-Head Semiconductor unit and list it independently on the Hong Kong Stock Exchange; 6. Anthropic is expected to finalize its IPO price next Wednesday, planning to issue 825 million shares at $70 to $78 per share, with trading set to kick off next Thursday; 7. Seven companies including Google, NVIDIA, AMD, Broadcom, Micron, Microsoft and TSMC will invest $26 billion in Anthropic via private placement at the IPO price; 8. U.S. spot Bitcoin ETFs recorded a net outflow of $201 million yesterday, while spot Ethereum ETFs saw a net outflow of $184.6 million.

According to data from the BIT Stock Platform, Nasdaq 100 Index futures fell 1.5%, hitting a pre-market low.

US Secretary of State Rubio stated that the United States is ready to negotiate with Iran at any time if a negotiable agreement is available.

Robinhood announced that its platform users can now apply to subscribe for Anthropic's IPO shares, with the opportunity to participate in the subscription at the IPO offering price ahead of the stock's official listing on the trading platform.