Anthropic's largest short seller added $7.6 million to their position in the afternoon, bringing their total short exposure to approximately $36.1 million.

Circle released its third-quarter 2026 financial results, with total revenue and reserve income reaching $865 million, up 17% year-over-year (YoY). Net profit from continuing operations stood at $226 million, growing 5% YoY, while adjusted EBITDA came in at $317 million, surging 85% YoY. By segment, reserve income was $658 million, down 8% YoY; other revenue hit $207 million, jumping 627% YoY, of which $182 million derived from the ARC token presale. For USDC metrics: In Q3, average circulating supply of USDC reached $73.3 billion, up 8% YoY; on-chain transaction volume totaled $13.9 trillion, rising 49% YoY. At quarter-end, USDC held a 27% market share, with the number of wallets holding more than $10 worth of USDC hitting 7.3 million, up 16% YoY. Operationally, Circle’s annualized total payment volume on its Circle Payment Network (CPN) reached $41.3 billion. The company has signed a definitive agreement to acquire Singapore-based cross-border payment platform Tazapay, with the transaction expected to close in 2027. Additionally, Circle cut approximately 5% of its workforce in Q3, while maintaining its full-year 2026 financial guidance unchanged.

According to data from the BIT Stock Platform, U.S.-listed Circle has released its earnings report, with its pre-market gains widening, now rising 3.35%. The report shows total revenue and reserve income for Q3 2026 reached $865 million, up 17% year-over-year; net profit from continuing operations was $226 million, up 5% YoY; adjusted EBITDA stood at $317 million, up 85% YoY. By segment, reserve income came to $658 million, down 8% YoY; other income hit $207 million, surging 627% YoY, of which $182 million originated from the ARC token presale. In Q3, the average circulating supply of USDC was $733 billion, up 8% YoY; on-chain transaction volume reached $13.9 trillion, up 49% YoY; at quarter-end, USDC held a 27% market share, and the number of wallets holding over $10 worth of USDC reached 7.3 million, up 16% YoY.

Circle filed documents disclosing that the company has cut approximately 5% of its workforce.

Despite the crypto industry investing over $170 million in this midterm election, the Democrats successfully retook control of both the House and Senate, with several key crypto industry allies losing their races, signaling a potential shift in Washington’s crypto policy landscape. In key contests, Ohio Democrat and crypto critic Sherrod Brown defeated Republican candidate Jon Husted to return to the Senate; Senator Elizabeth Warren is poised to take over as chair of the Senate Banking Committee. Pro-crypto Republican Representatives Bryan Steil, Zach Nunn, and Ann Wagner all failed to win re-election. While House Financial Services Committee Chair French Hill is expected to keep his seat, with Democrats regaining control of the House, he is projected to lose his committee chairmanship, to be replaced by Democratic Representative Maxine Waters. Democrats’ full control of Congress will significantly increase regulatory and political scrutiny pressure on the crypto industry. The Trump administration’s relationship with crypto, the president’s family’s crypto business, and regulatory decisions by the SEC and CFTC are all likely to become key targets of congressional investigations. The chances of the crypto market structure bill passing under the current framework have dropped sharply, and future legislation is likely to incorporate more of the Democratic Party’s policy priorities.

According to TradingBeats’ monitoring, trader “Hanba Longwang” (address: 0x8e096995c3e4a3f0bc5b3ea1cba94de2aa4d70c9) holds a roughly 10x leveraged long position in Anthropic (ANT) contracts, valued at $932,000, with an average entry price of $108.11, unrealized profit of around $88,500, and a return of approximately 104.8%. ANT is currently trading at $119.45, up about 10.5% from its average entry cost. The token has rallied roughly 13% from its intraday low of $104.6 on November 3, with the position largely capturing this upswing, generating about 74.6% of the current rally’s gains. The account began building its ANT position on October 30, then added long positions worth $235,000 and $587,000 at the lows on November 2 and 3 respectively. Currently, ANT is the only long contract in the account, accounting for around 94.6% of its total contract positions. Besides the ANT long, the account also holds short positions worth $48,700 in ETH and $4,551 in BTC. The account’s total equity stands at approximately $1.295 million, with total contract notional positions of around $986,000, resulting in an overall effective leverage of about 0.76x.

Circle released its Q3 2026 financial results, reporting total revenue and reserve revenue of $865 million, up 17% year-over-year (YoY). Net profit from continuing operations stood at $226 million, up 5% YoY, while adjusted EBITDA reached $317 million, surging 85% YoY. By segment: Reserve revenue came in at $658 million, down 8% YoY; other revenue totaled $207 million, jumping 627% YoY, with $182 million derived from ARC token presales. In Q3, the average circulating supply of USDC was $73.3 billion, up 8% YoY; on-chain transaction volume hit $13.9 trillion, rising 49% YoY. At quarter-end, USDC held a 27% market share, and the number of wallets holding over $10 in USDC reached 7.3 million, up 16% YoY. On the business front, Circle’s annualized gross payment volume via its Circle Payment Network (CPN) reached $41.3 billion. The company has signed a definitive agreement to acquire Singapore-based cross-border payment platform Tazapay, with the transaction expected to close in 2027. Additionally, Circle cut approximately 5% of its workforce in Q3, while maintaining its full-year 2026 financial guidance unchanged.