Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

November 10th. As per the monitoring of HyperInsight, with the end of the U.S. government shutdown approaching, the crypto market witnessed a rapid rebound last night and this morning. Here is a summary of the on-chain activities of popular and active contract whales: The "1011 Insider Whale" converted its $140 million Ethereum long position from a loss to a profit; however, no transactions have been made yet. The account is currently showing a floating profit of more than $7 million. "The Buddy" further expanded its Ethereum long position by 25 times immediately after realizing a profit on its existing long position. As of the time of writing, its ETH long position amount is $19.196 million, with a profit of $1.02 million. In addition, the long and short battle persists on ZEC: The largest short position on ZEC on Hyperliquid is still increasing its position and depositing additional margin. As of the time of writing, its ZEC short position is floating at a loss of $18.32 million.

On November 10th, Hourglass tweeted that the KYC link for the Stable Deposit Treasury Phase II is now available. More than 24,000 wallets (with a total deposit of approximately $1.74 billion) have successfully passed wallet screening. Users must complete KYC by 7:59 AM on November 12 (Beijing time). Users who have not completed KYC can do so during this period. If a user has already deposited USDC but has not received the KYC link, it indicates that their wallet did not pass the Chainalysis wallet screening and they can directly withdraw USDC from the contract at any time.

On November 10th, the US Senate is currently conducting a procedural vote to bring an end to the government shutdown. It is currently just one vote short of passing. According to relevant information, after the procedural vote is successful, the Senate must amend three appropriations bills (legislative, military construction, and agriculture, including the SNAP program), and then send them back to the House of Representatives. Each amendment will trigger a 30-hour debate period, which may cause delays to the process. If the Democrats decide to extend these debates, the government may not reopen until Wednesday or Thursday. However, if they give up this time, the "end of the government shutdown" process could be completed tonight, and the US government could resume operations tomorrow night. The current filibuster rules may have a significant impact on the timeline.

On November 10th, according to Bloomberg, the Hong Kong government intends to issue a digital green bond denominated in US dollars, Hong Kong dollars, euros, and Chinese yuan. The pricing is scheduled to take place as early as today. This will be the third issuance of digital bonds by the Hong Kong government since 2023. If this bond issuance is successfully carried out, it will be an important step for the government to promote the tokenization of bonds and Real World Asset (RWA) tokenization. A Citic Securities analyst stated that it is expected that in the next 2 to 3 years, Hong Kong's local digital bonds will transition from pilot projects to becoming a standard option for high-quality corporate financing.

On November 10th, as per HyperInsight's monitoring, the "Buddy" has just augmented its Ethereum long position by 25 times subsequent to realizing a floating profit in its Ethereum long positions. By the time of this writing, its ETH long position amount has attained $19.196 million, accompanied by a profit of $1.02 million.

November 10th. According to the monitoring of HyperInsight, with the positive news that the U.S. Senate reached an agreement to end the federal government "shutdown", Ethereum surged above $3,600 this morning. Meanwhile, the 1.4 billion USD long position of Ethereum held by the "1011 Insider Whale" saw its unrealized gains increase to 7.2 million USD.