A fast look at the most important global market, technology, and crypto developments over the last 24 hours.
Google plans to sell TPU directly to Meta, further challenging Nvidia
According to ChainCatcher, Alphabet is in talks with Meta to provide its self-developed Tensor Processing Units (TPUs) directly for deployment in Meta’s data centers. This marks the first time Google plans to sell TPUs instead of only renting computing power via Google Cloud. Meta may begin purchasing TPUs in 2027 and renting computing power in 2026. The shift signals a growing competitive threat to Nvidia and AMD in the AI chip market.
James Wynn predicts Bitcoin may fall to $67,000 this week
Crypto analyst James Wynn issued another bearish forecast, stating BTC could fall to $67,000 this week. Earlier on Nov 10, when BTC was at $105,600, he accurately predicted a drop back to the $67,000–$92,000 range.
DOGE denies Reuters report of dissolution
The U.S. Department of Efficiency (DOGE) clarified that Reuters’ report about its dissolution was fake news. The department said it will resume normal updates soon and highlighted recent efforts to cut wasteful government spending.
Michael Saylor: I will destroy private keys for 17,000+ BTC
Michael Saylor stated he will destroy the private keys of over 17,000 BTC (~$1.5B), calling it his “heritage.”
Michael Burry returns with column warning of an AI bubble
Michael Burry published his first column, “Main Signs of a Bubble: Supply-Side Gluttony,” declaring that the current AI boom is repeating the 1999 dot-com bubble. He warned that the industry is experiencing catastrophic oversupply relative to demand, placing Nvidia at the center of the bubble risk.
Vitalik: Privacy is not optional but a hygienic practice
Following a data breach at SitusAMC impacting major U.S. banks, Vitalik Buterin commented that privacy must be treated as a basic hygiene practice in digital systems rather than an optional feature.
Bitcoin Sharpe Ratio falls below zero — possible market bottom
CryptoQuant data shows Bitcoin’s Sharpe Ratio has fallen below 0, the lowest since the FTX collapse. Historically, such readings often coincide with price bottoms or major reversal zones.
Paxos acquires Fordefi for over $100 million
Paxos has purchased New York–based wallet provider Fordefi for over $100M as part of its expansion into DeFi-focused custody and infrastructure.
U.S. September Core PPI grows 0.1%, lower than expected
Core PPI rose 0.1% month-on-month, below the 0.2% forecast — a sign of mild producer-side inflation.
Over 300 U.S. families sue Binance
A lawsuit filed in North Dakota accuses Binance of enabling crypto transactions tied to Hamas between 2017–2023 due to weak compliance and internal controls.
Fed’s Kashkari: AI has real value; crypto does not
Neel Kashkari stated that unlike AI, the crypto sector “does not have practical applications.”
Hong Kong finalizing digital asset trading & custody regulations
Hong Kong is preparing the final components of its regulatory framework for digital asset exchanges and custodians, aiming to build a safer ecosystem.
Trump says he will visit China in April
Donald Trump announced he plans to visit China in April next year, noting “significant progress” in bilateral discussions.
CZ denies rumor about Jackie Chan acting in his Netflix documentary
CZ refuted rumors that Jackie Chan would portray him in an upcoming Netflix film.
Pump.fun denies cashing out through Kraken
Pump.fun's co-founder said reports of the project cashing out 436.5M USDC are false, clarifying that funds were only moved for corporate operations.
Musk: Grok 5 will challenge LoL pro teams in 2026
Grok 5, launching in 2026 with 60T parameters, will challenge top League of Legends teams using human-level constraints to test AGI adaptability.
Meme Popularity Rankings
ETH Network: SHIB, LINK, PEPE, UNI, ONDO
Solana: TRUMP, Fartcoin, ME, DOOD, CHILLGUY
