Anthropic claims the AI market operates on a winner-takes-all model, with its Opus 5.5 model costing over $10 billion to develop.

Renowned trader Ansem issued a buy call for meme coin "mihao", which surged 50% in a short period, hitting a $17 million market cap. Ansem noted that "mihao" could help revive positive on-chain sentiment, as the token has avatar community attributes, facilitating social dissemination and community expansion, and features Chinese elements that may attract both Eastern and Western whales to accumulate. Ansem also claimed the on-chain market has bottomed out. Earlier today, Ansem updated his X profile picture, which references meme coin "mihao" — a cat modeled after the Chinese pinyin "nihao". According to GMGN data, "mihao" currently has a $17.5 million market cap, with a 24-hour trading volume of $47.2 million, and its price has risen over 26 times in a single day. BlockBeats reminds users that related tokens are highly volatile, so investment caution is advised.

Telegram founder Pavel Durov announced in a post that over 1 million self-custody Gram wallets have been activated on the platform in the past 48 hours. He added that GRAM (formerly TON) has surged 10% in the last 24 hours, making it the top-performing asset among the top 100 crypto assets by market capitalization. Durov previously stated on November 9 that over 700,000 self-custody wallets were created on Telegram in the preceding 48 hours.

Binance co-founder He Yi posted that the past two days have seen a flood of gossip rumors targeting Asian women and spies, with many female industry practitioners being passively dragged into various scandals. She expressed mixed feelings about this, noting that she advocates gender equality—evaluating a person’s achievements regardless of gender. He Yi pointed out that women lack equal workplace opportunities, workplace harassment is rampant, and female managers who can take charge alone often invest far more time and effort than others. She added that accounts that spread rumors and stir trouble by exploiting gender should be purged from the industry. Binance’s legal department will provide legal protection for its female employees, and the company welcomes ambitious, down-to-earth women to join, promising a fair and transparent workplace environment.

According to a report from The Information, Anthropic has disclosed a new deal worth over $10 billion.

Barclays' latest 13F filing shows that as of September 30, the bank held approximately 3.94 million shares of BlackRock's spot Bitcoin ETF (IBIT), valued at around $187 million, a 48% increase from 2.66 million shares worth $88.5 million as of June 30. Citigroup, meanwhile, newly disclosed holdings of Fidelity's spot Bitcoin ETF (FBTC) worth about $119 million, with its IBIT position rising from roughly 347,000 shares at the end of June to around 521,000 shares, a roughly 50% increase. Bitwise data shows that among 1,389 institutions that have filed third-quarter reports, banks' total holdings stand at $258 million, accounting for 4.9% of all disclosed spot Bitcoin ETF positions, up from $107 million and 3.2% in the second quarter. Investment advisors remain the largest holding group, with $3.5 billion in positions, making up 66.6% of the total. The combined holdings of these institutions rose from $3.35 billion to $5.25 billion. Early data indicates that long-term holders' share among spot Bitcoin ETF investors is rising, and financial advisors at major banks and wealth platforms are now able to recommend these products to clients. JPMorgan Chase, Wells Fargo, and hedge funds Millennium, Schonfeld, and others have not yet filed their reports, with the submission deadline being next Monday. It is important to note that IBIT's price rose approximately 41% in the third quarter, so the increase in position value does not equate to an equivalent amount of new purchases; share changes should be the focus. The above positions are as of September 30, after which Bitcoin prices pulled back. U.S. spot Bitcoin ETFs saw a net inflow of about $6.34 billion in the third quarter, followed by a net outflow of roughly $2.1 billion in the fourth quarter as of Tuesday.

Morgan Stanley removed NVIDIA (NVDA.O) from its preferred stock list, and maintained an "Overweight" rating.