MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

According to Catcher Predict, the winner submarket for Dota 2’s Team Liquid vs. LGD Gaming match on Polymarket is fluctuating. The probability of Team Liquid winning has fallen from 85% an hour ago to 62.5% currently, a swing of about 22.5 percentage points. Please note that breaking news may affect the market (source: ChainCatcher).

Abstract: Catcher Predict reports a sharp fluctuation in Polymarket's Dota 2 market for Team Liquid vs LGD Gaming, with Team Liquid's win probability dropping from 85% to 62.5% within an hour (about a 22.5-point swing). Note that breaking news may be affecting the market.

The House Oversight Committee, led by Republican Chairman James Comer, called for new restrictions on government officials’ participation in prediction markets, potentially including a complete ban. The investigation, launched in May this year, reviewed 1,700 pages of materials and heard five bipartisan briefings. The committee recommended legislation limiting the types of bets government employees and Members of Congress may place on prediction markets, or banning them outright, and called for information-sharing with prediction market companies to enforce the restrictions.

Abstract: The House Oversight Committee, led by Rep. James Comer, urged new restrictions—potentially a full ban—on government officials' participation in prediction markets. After reviewing 1,700 pages of documents and hearing five bipartisan briefings, the committee recommended legislative limits on or a complete ban of such activity by federal employees, Members, and staff across all branches, and called for information-sharing with market operators to enforce rules, motivated by insider-trading concerns involving a service member and other officials.

ME News reported on November 14 (UTC+8) that, according to people familiar with the matter, Nvidia’s board has contacted Arm CEO Rene Haas as part of its search for a successor to Jensen Huang, and discussed the possibility of him becoming Nvidia’s CEO. Haas has led SoftBank-owned chip design firm Arm since 2022 and previously worked at Nvidia for many years. Nvidia is currently led by CFO Colette

ME News, November 14 (UTC+8) — Futures markets are pricing in a Federal Reserve rate hike in December, with some bets even pointing to a large 50-basis-point increase. In a report, Karl Schamotta, chief market strategist at Corpay, a U.S. corporate payments and expense management company, said a hawkish Fed is positive for the dollar because “persistently wide interest rate differentials look likely to continue supporting the dollar through year-end.” He added that “further gains may prove hard to come by.” He believes the dollar is overbought against the euro, pound, yen, and Canadian dollar, and “vulnerable to an eventual reset in expectations.” (Source: Jin10)

ME News reports that on November 14 (UTC+8), Brooklyn-based consumer Bitcoin mining machine manufacturer FutureBit announced that the Apollo III Full Node will go on sale this Friday at four Micro Center locations, marking the company’s first entry into brick-and-mortar retail. The stores are located in Brooklyn, Miami, Tustin, California, and Austin, Texas, with the Austin location being Micro Center’s 31st store in the United States. Consumers can also reserve the product online and pick it up in-store. FutureBit did not disclose inventory levels or retail pricing at each location. On October 26, a user through FutureBit’s Apollo

ME News, Nov. 14 (UTC+8) — Reporter Eleanor Terrett reported that former U.S. House Financial Services Committee Chairman Patrick McHenry warned that if Democrats regain control of Congress, they could launch sweeping investigations into corporate CEOs and institutions, with the impact extending far beyond the cryptocurrency industry. McHenry said, “Corporate America should be concerned, not just the cryptocurrency industry.” (Source: ODAILY)

HSBC downgrades NVIDIA to Hold with a $170 target from $365, citing leadership transition uncertainty, CEO succession, and ongoing export-restriction risks; 11% of revenue outside US/Taiwan; bear-case EPS $13.57 for FY2028, ~13% below base.

Abstract: HSBC analyst Frank Lee downgraded NVIDIA to Hold and cut the price target from $365 to $170, noting stock pressure until an explicit succession plan and new CEO prove execution capability. He also flags ongoing risk from tighter US chip export controls, given about 11% of revenue comes from markets outside the US and Taiwan. In a pessimistic scenario, export restrictions could reduce FY2028 revenue by 11%, with EPS falling to $13.57, roughly 13% below the base case and about 14% below consensus.

ME News reports, November 14 (UTC+8): According to MSX.COM data, several U.S. stocks fell across the board over the past 24 hours. ASTS fell 12.1%, currently at 31.41 USDT; QNTX fell 11.6%, currently at 35.11 USDT; COHR fell 11.6%, currently at 208.03 USDT; LYTE fell 11.2%, currently at 14.62 USDT; CRML fell 10.4% and 5.9% over the past hour, currently at 4.825 USDT; AMAT fell 10.4%, currently at 353.17 USDT; FLEX fell 10.3%, currently at 72.23

ME News reports that on November 14 (UTC+8), institutional analysis indicated that with the release of the CPI and PPI inflation reports, economists can now submit their forecasts for the Federal Reserve’s preferred inflation gauge—the Personal Consumption Expenditures (PCE) index. Although Friday’s PPI data came in slightly below analysts’ expectations, elevated price pressures still reinforced market participants’ expectations of a rate hike at the Fed’s next meeting. Oxford Economics said in a report: “Rising headline prices will push the annual rate of PCE inflation to 3.8% in October, up from 3.6% in September.” (Source: Jin10)

Trader Killa says that if this cycle’s bottom is $57,000, the ensuing decline could be more severe than any correction in previous bull markets. If prices fail to quickly rebound in a V-shaped move from current levels, the correction could become one of the most violent bottoming phases in history. If this is confirmed as the bottom, prices will need to hold above $65,000 going forward; otherwise, they could fall to the $42,000–$52,000 range, potentially marking the final dip before a true bottom forms. If the current low is not the bottom, prices could make a higher weekly high before falling below the bear-market low.

Abstract: Trader Killa argues that if Bitcoin’s cycle bottom is $57,000, the ensuing drop could be more severe than any prior bull-market correction. Unless prices rally quickly in a V-shaped move, this decline may be among the most violent bottoming moves in history. A hold above $65,000 is needed to keep upside intact; failure could push BTC to $42k–$52k, potentially the last drop before a real bottom. If the current low is not the final bottom, BTC would first print a higher weekly high and then break the previous bear low.

ME News, November 13 (UTC+8) — According to CoinMarketCap market data, SOL is currently trading at $79.18, down 3.1% over the past 24 hours. (Source: CoinMarketCap)

Chicago Fed President Goolsbee warns that refinery capacity keeps diesel and jet fuel prices high even if oil falls; inflation spreads beyond energy, and if demand overheats, the Fed must act harder to curb it.
Abstract: Goolsbee argues refinery bottlenecks keep fuel costs elevated even as oil declines; inflation is broadening beyond energy costs, suggesting the Fed may need tougher action if demand stays overheated.

Boston Fed President Collins signals possible tighter policy to curb inflation, noting higher rates may curb housing affordability short term, but long-term price stability benefits housing and the broader economy.

In a housing-focused address, Boston Fed President Susan Collins signaled that tighter monetary policy may be needed to cool inflation, noting that higher rates could raise housing costs in the near term. She argued that price stability in the long run would create a predictable environment that supports the housing market and the broader economy.

ME News, Nov. 13 (UTC+8) — According to CoinMarketCap market data, BNB is currently trading at $634.78, down 3.0% over the past 24 hours. (Source: CoinMarketCap)

ME News, Nov. 13 (UTC+8) — According to CoinMarketCap market data, BTC is currently trading at $69,151, down 3.6% over the past 24 hours. (Source: CoinMarketCap)

ME News, November 13 (UTC+8) — According to CoinMarketCap market data, ETH is currently trading at $1,948.0, down 3.0% over the past 24 hours. (Source: CoinMarketCap)

ME News, Nov. 13 (UTC+8) — According to SoSoValue data, spot Ethereum ETFs recorded total net outflows of $70.5735 million yesterday (Nov. 12, ET).

The spot Ethereum ETF with the largest single-day net inflow yesterday was the 21Shares ETF TETH, with net inflows of $1.2082 million. TETH’s cumulative historical net inflows currently total $24.2839 million.

Next was the Invesco ETF QETH, with single-day net inflows of $400,400. QETH’s cumulative historical net inflows currently total $22.4853 million.

The spot Ethereum ETF with the largest single-day net outflows yesterday was the BlackRock ETF

Hoskinson said Cardano’s roadmap is complete, features delivered, and the network can self‑govern and select leaders without his consent; he rejected promises to beat Bitcoin or guarantee price rises, stressing decentralization.
Abstract: In a YouTube livestream, Charles Hoskinson asserts Cardano has completed its roadmap, delivered key features, and achieved self-governance, while denying commitments to price gains or outperforming Bitcoin.