Quantum BioPharma's digital asset portfolio has achieved a $572,000 return since the beginning of the year
On November 7th, the Canadian biopharmaceutical company Quantum BioPharma Ltd. (QNTM) announced in its third-quarter financial and operational performance that from the beginning of the year to that time, the company had achieved a profit of $572,000 from its mainly Bitcoin-based digital asset portfolio.
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GIGGLE continues to trend downwards, breaking below $145, with a 24-hour decrease of 37.8%.
On November 7th, according to HTX market data, GIGGLE continued to decline and broke through $145, currently trading at $144.7, with a 24-hour loss of 37.8%.
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Arthur Hayes: ZEC has now become the second largest liquidity position in the Maelstrom portfolio
On November 7th, Arthur Hayes, a co-founder of BitMEX, stated that due to the rapid increase in the price of ZEC, ZEC has now become the second-largest liquid position in the investment portfolio of his family office Maelstrom, following BTC.
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Federal Reserve Vice Chair: Interest Rates Closer to Neutral, Key Inflation Moving Toward 2%
On November 7th, Federal Reserve Vice Chair Clarida stated: He supported the October FOMC rate cut. In recent months, the overall economic changes have been moderate, with signs indicating progress towards 2% core inflation. Interest rates are now closer to the neutral level, so it is advisable to proceed gradually. It is too early to determine how AI will transform the economy. The lack of progress in inflation seems to be attributed to tariffs. He will assess the decision-making intentions at upcoming meetings, citing potential data gaps resulting from the government shutdown. (FXStreet)
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Tesla Roadster Launch Delayed Again to April 2026, Mass Production May Be Postponed until After 2027
On November 7th, Elon Musk, the CEO of Tesla, announced at the annual shareholder meeting that the official launch of the next-generation Roadster electric supercar will be postponed until April 1, 2026. Production is scheduled to start 12 to 18 months later, aiming for delivery as early as 2027 and as late as 2028. This indicates that the production timeline for this model has been postponed by nearly ten years since its initial unveiling in 2017. Musk chose April Fools' Day as the release date and said, "In this way, if there is another delay, I can still claim it's a joke." This decision once again cast a shadow over the car's long development process because he had previously promised during an interview on The Joe Rogan Experience podcast to hold a "memorable showcase" by the end of 2025.
According to Musk, the production version of the Roadster will have "significant differences" from the prototype showcased in 2017. The new car may feature a cold gas thruster system developed b
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Boya Interactive Expects Over 100% Year-on-Year Profit Growth in the First 9 Months
On November 7th, the Hong Kong-listed company Boyaa Interactive (00434.HK) announced that the group's expected attributable profit to the owners of the company for the first 9 months of 2025 is expected to increase by around 105% to 115% year-on-year (for the nine months ended September 30, 2024: approximately HK$234 million). This is mainly due to the increase in the fair value of digital assets during the first 9 months of 2025 compared to the same period in 2024. Excluding the impact of non-operating one-time factors such as the fair value changes of financial assets like digital assets and equity investee enterprises, the group's expected attributable profit to the owners of the company for the first 9 months of 2025 is expected to decrease by about 30% to 35% year-on-year. This is mainly because there is a decrease in deposit interest income expectations due to the reduction in bank deposits from purchasing cryptocurrency and an expected increase in income tax expenses. (Sina Fina
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