BONK, a new Meme Coin issuance platform at Letsbonk.Fun, saw its token's market cap drop to around $13 million, after reaching a peak of $30 million.

According to Bitget market data, South Korea’s KOSPI index broke through the 5,200-point level at the start of trading, with an intraday gain of 4.55%. SK Hynix rose 6.7% and Samsung Electronics gained 5%. As of press time, South Korea’s exchange has triggered the program trading suspension mechanism for the KOSPI index, pausing programmatic buy orders.

Following the Democratic Party’s takeover of the U.S. Senate after the midterm elections, Senator Elizabeth Warren is expected to become chair of the Senate Banking Committee in January 2027, where she will strengthen oversight of prediction markets and the Trump family’s crypto operations. An aide to Warren’s committee stated her work priorities will include household cost of living, artificial intelligence, prediction markets, potential financial crises, and accountability issues. Warren previously called for investigations into Trump’s meme coin and alleged conflicts of interest between his family-backed World Liberty Financial and UAE government officials. For Kalshi and Polymarket, she is focusing on election betting and insider trading risks, and has demanded the platforms outline their preventive measures. The aide warned that executives of large tech firms, government officials, Trump family crypto businesses, and Wall Street institutions should retain relevant documents and prepare for questioning. (The Block)

Overnight to early morning, US-Iran peace talks made major progress. According to media reports, the U.S. agreed to allow Iran to maintain uranium enrichment at a maximum of 3.67%, a condition Iran accepted. The two sides are also arranging discussions on the return of International Atomic Energy Agency (IAEA) inspectors to Iran, with a preliminary agreement on Iran’s uranium enrichment level expected. Brent crude oil’s intraday losses widened to nearly 8%. After meeting with Qatar’s prime minister on Monday, Trump said there is no need for military action currently; if the Middle East situation changes, the U.S. stands ready to act at any time, but such an outcome is “extremely unlikely” for now. Affected by the news, the S&P 500 notched its largest daily gain in seven months, while the Dow Jones closed up more than 2% each; the semiconductor index rose nearly 7%, with a two-day cumulative gain of 11%. In terms of individual stocks, data from the BIT Stock Platform shows AMD rose over 10%, SpaceX gained nearly 6%, while Nvidia fell 4.27% against the trend due to the Jensen Huang incident. AI stocks continued their rebound: among optical communication concept stocks, Coherent rose nearly 17%, Lumentum gained over 10%, and MRVL rose 9.49%; storage stocks SNDK rose 6.16%, STX and WDC both climbed nearly 10%; neocloud concept stocks NBIS rose 9.24%, CRWV gained 5.56%. Crude oil was pressured by expectations of easing geopolitical tensions. Brent crude once dropped nearly 8%, and West Texas Intermediate (WTI) crude fell more than 6% at one point. Meanwhile, as the U.S. dollar index retreated, copper and precious metals (gold and silver) rebounded. Notably, HTX market data shows Bitcoin, which had been relatively resilient amid prior declines, performed weakly in this rebound, still failing to recoup its losses from yesterday’s morning session, and was temporarily trading at $75,337.00.

Donald Trump said he had a phone call with NVIDIA CEO Jensen Huang today, adding that Huang is in good condition, that he does not know the identity of the woman, and that the FBI is investigating the matter.

According to Bitget market data, international crude oil prices have plunged more than $1.5, while gold and silver rallied in the short term. Meanwhile, U.S. stock gains widened: the Nasdaq 100 rose 3.4% intraday, the S&P 500 was up 2.47%, the Dow Jones gained 2.36%, and the Nasdaq Composite rose 2.82%. On the news front, Al Arabiya TV cited Arab sources as reporting that a plan proposed by Qatar and Pakistan has reactivated substantive negotiations between the U.S. and Iran. The two sides are expected to reach a preliminary agreement on Iran's uranium enrichment issue. Sources also said that under the proposed agreement framework, the Strait of Hormuz will be immediately reopened and the maritime blockade lifted; the U.S. will release Iranian assets worth $6 billion to $9 billion after the deal is reached.

According to IFR, a media outlet under Reuters, Anthropic will launch its Nasdaq IPO roadshow on Tuesday morning local time. BlockBeats reported yesterday that potential buyers of Anthropic are currently discussing a valuation range of $1.2 trillion to $1.3 trillion, with some investors even eyeing a figure as low as $1.1 trillion. Earlier market expectations had once hit as high as $2 trillion, and the reasonable valuation before Thursday’s U.S. stock market slump stood at around $1.4 trillion to $1.5 trillion. Driven by factors including the Democrats’ sweep of Congress and expectations of tighter government scrutiny on data center expansions, valuation forecasts have been sharply revised down. Still, Anthropic has not delayed its IPO and is proceeding with the process as scheduled.