MEXC responds to the U.S. Treasury Department cutting its ties to the financial system: The exchange is in contact with regulators and its platform is operating normally.

According to monitoring by Onchain Lens, Fidelity has once again transferred 10,000 ETH to Galaxy Digital today, valued at around $22.32 million. This brings Fidelity’s total ETH transfer to Galaxy Digital today to 27,000 ETH, worth approximately $60.27 million.

According to a report by the Financial Times, despite a sharp sell-off in tech stocks, Anthropic still plans to proceed with its initial public offering (IPO) ahead of the U.S. Thanksgiving holiday. The AI startup is expected to raise between $80 billion and $100 billion in the offering, with a target valuation range of $1.25 trillion to $1.75 trillion. Market expectations center around $1.5 trillion, lower than the $2 trillion some investors had previously anticipated. Informed investors noted that Anthropic remains committed to going public as scheduled, even if it has to accept a lower valuation. The company’s third-quarter revenue grew nearly 50% to roughly $17 billion, with its latest annualized run rate (ARR) standing at approximately $81 billion, up from $65 billion at the end of July. Meanwhile, Anthropic plans to invest around $900 billion in computing power and infrastructure over the next several years, and currently holds nearly $150 billion in cash and liquid investments. JPMorgan Chase is scheduled to host an information session for potential investors on November 13. Recent sell-offs in the AI sector, regulatory headwinds facing data center construction, coupled with OpenAI’s reduction of its financing target, have all added greater market pressure to Anthropic’s IPO.

According to monitoring by Onchain Lens, the address of "Big Brother Maki" (Huang Licheng) has sold Bored Ape Yacht Club (BAYC) #32 on OpenSea for 12.5 ETH, with the transaction amount totaling approximately $28,000.

According to monitoring by Onchain Lens, Hyperliquid has repurchased and burned a total of 21,040 HYPE tokens over the past 24 hours. Calculated at an average price of $78.90, the total value is approximately $1.66 million.

According to Yu Jin Monitoring, a whale that purchased 10,376 ETH at an average price of $1,626 back in June this year has added to its ETH holdings again after a five-month interval. The address spent 19.7 million USDT to buy 8,775 ETH roughly an hour ago, at an average price of about $2,245. Currently, the whale’s total ETH holdings have risen to 23,097 ETH, valued at approximately $51.69 million, with an average cost basis of around $1,909.

The U.S. Department of Labor’s proposed rule allowing alternative assets like cryptocurrencies into 401(k) retirement plans was submitted to the White House for final review on November 5. The proposal does not restrict eligible cryptocurrency types nor set a minimum market capitalization threshold, meaning altcoins and small-to-medium market cap tokens could also gain access to U.S. retirement investment plans in the future. However, industry insiders note that asset management firms still need to comprehensively evaluate performance, fees, liquidity, valuation, benchmark metrics, and investment complexity when selecting investment targets. Bitcoin and Ethereum, thanks to their mature markets and investment products, are expected to secure access first, while small-to-medium market cap tokens may face higher barriers due to insufficient historical data, limited liquidity, and a lack of reliable valuation benchmarks. Additionally, experts predict that crypto ETFs and managed funds will enter 401(k) plans before direct crypto holdings, as the former are easier to adapt to existing custody and account management systems. Industry projections show that some crypto investment options could launch as early as 2027, with coverage expanding further around 2028. The proposal still needs to complete White House review and subsequent legislative processes, and will not fully exempt retirement plan administrators from fiduciary duties or litigation risks.