WEEX Spot will list Quidax Token (QDX)

According to Saxo, despite NVIDIA CEO Jensen Huang being mired in controversy, investors are actively buying the dip. Between Monday and Wednesday, nearly 90% of NVIDIA trades on the Saxo platform were buy orders, with trading activity 12 times higher than any other stock on the platform. However, NVIDIA's stock price dropped an additional 8.4% in pre-market trading on Thursday. Meanwhile, the company's board of directors is evaluating Jensen Huang's future. Saxo warns that investors may be underestimating the succession risks facing NVIDIA, as no obvious candidate currently exists to replace Huang.

Bitcoin treasury firm Strive will raise the dividend rate of its SATA preferred shares to 13.25% effective December 1, while the dividend rate for ESATS preferred shares will remain at 15%. Strive currently holds approximately 43,153 BTC.

Coinbase’s EU Policy Lead Roeland Van der Stappen stated that if the EU further expands suitability test requirements for DeFi services, the move could backfire, pushing users to platforms with weaker investor protections. The European Banking Authority (EBA) previously recommended that the EU draft new rules for crypto lending and borrowing, listing suitability tests as an optional regulatory measure. Van der Stappen argued that extending such tests to other DeFi services would subject simple stablecoin swaps and high-leverage lending to similar regulations, ignoring risk differences between different business lines. He pointed out that services like lending, liquidity provision, and on-chain swaps could be significantly impacted, with regulated platforms potentially scaling back services or even completely shutting down DeFi access points. This could also lead to DeFi liquidity fragmentation, worse trading prices, and push users to less strictly regulated platforms outside the EU. He called for regulatory measures tailored to each business’s specific risks, balancing necessary safeguards while allowing Crypto Asset Service Providers (CASPs) to continue offering DeFi services to users.

JPMorgan cuts Nvidia (NVDA.O) price target from $320 to $215.

According to EmberCN’s monitoring, after Anthropic set its IPO price range at $70–$78 per share, corresponding to a company valuation of roughly $1.26 trillion to $1.405 trillion, the largest Anthropic short position on Hyperliquid has continued adding to its holdings. Its current short position is valued at $70.5 million, with an unrealized profit of approximately $1.41 million. Meanwhile, the pre-market contract price of Anthropic (ANT) on Hyperliquid stands at around $104, some 33% above the upper limit of the IPO price range.

Wall Street investment bank Bernstein has downgraded Nvidia's stock rating from "Outperform" to "Market Perform", and cut its price target for the chipmaker from $400 to $200. Analyst Stacy A. Rasgon pointed out that the adjustment is not due to a deterioration in Nvidia's fundamentals, but the ongoing scandal surrounding Jensen Huang, which has made the company's management outlook and potential business risks difficult to assess. While Bernstein notes Nvidia's stock has fallen to an extremely attractive valuation level and its data center business still boasts strong growth prospects, current negative news may not have run its course. Key risks include uncertainty over successor selection and management transition should Jensen Huang step down, potential government investigations, and possible changes to supply chain strategic investments, backstop commitments and guarantee arrangements. Rasgon likened the current situation to "finding one cockroach in the kitchen, which usually means there are more than two", suggesting more internal allegations and subsequent risks may emerge. As a result, Bernstein advises investors to avoid buying the dip in Nvidia for now and stay on the sidelines.