As usual
Happy Wednesday
I've recently started drinking heavily
Mainly, I can't fall asleep at night; as soon as I close my eyes, my mind starts racing
I've started staying up again until my body gives out before I can fall asleep
Maybe I've been training too hard and my cortisol is through the roof

Seems like things are getting worse everyday for Nvidia as the company loses nearly half a trillion dollars!!
Nvidia lost approximately $430 billion in market value over two trading sessions amid alle_ga_tions involving CEO Jensen Huang’s relationship with a Chinese businesswoman.

$ETH
Anthropic commits another $10 billion+

The AI arms race has gone completely crazy

Microsoft and Google have both become its compute arms dealers

Holy shit

Guys

People used to compete over phones and chips

Now AI giants have started competing over whose compute warehouses are bigger

Latest news

Anthropic disclosed

It added more than $10 billion in cloud computing resource commitments over the past month

Partners include Microsoft and Google

And the spending commitments have been extended through 2033

Specifically

Anthropic's cumulative spending commitment to Microsoft Azure h

Today’s Trading Log | Trade when there’s an opportunity, wait when there isn’t

That’s all for today’s trades. The BTC and ETH long positions both brought in decent gains. I haven’t found a suitable entry for a short position yet, so I won’t force it.

Over the past two nights, BTC and ETH have seen slight rebounds alongside U.S. stocks, but I remain cautious about the market at this point.

These gains aren’t enough to show that the market has emerged from its slump. The earlier bearish pressures have not been fully absorbed, especially macro rate-hike expectations, institutional outflows, an

Someone dug up two library files in the Xbox version of GTA 6’s preload files that appear to be related to AMD FSR 4.1. Their names match terminology in a recent Microsoft sample project, but that doesn’t mean the game will support the technology at launch.

The game hasn’t even hit the road, and players are already rummaging through the install package’s parts catalog—like looking for a turbocharger in the trunk before picking up a new car. There’s reason to hope, but they haven’t even handed over the keys yet.

$BTC

If I had to choose, I’d place my “first bet” on financial events, not sports

Back to the user’s perspective: with so many prediction categories, which one should you participate in?

My personal choice is clear: financial events, and only markets with clear settlement rules and sufficient liquidity. CPI, FOMC decisions, and major corporate earnings are my priorities.

The reason isn’t that financial events are “more exciting.” Quite the opposite—they’re “more boring.” Sports prediction markets have plenty of retail traders driven by emotion on the other side. That might sound like an easier w

JUST IN: Crypto stablecoin supply drops by $14.2 billion, largest decline since the 2022 bear market.

$SOXL A 28.68% intraday range in one day, and at 69.19, the current price is just 60 cents below the 24-hour high of 69.79. This is no time to chase.
The market is clear: from 53.17 to 69.79, with $5.46 billion in daily trading volume, buyers rushed in all the way up from the lows. Now the price is hovering near the intraday high—the hottest sentiment and worst risk-reward. There’s only one thing I’d do here: wait for a pullback. Don’t catch a falling knife or chase the highs.
Here’s the plan: place staggered limit orders to buy the dip in the 67.5–68.2 range, set a stop-loss below 65.8 (exit

A little more push is expected before a retracement on Q, SPY and SPX
Tool @ITMatrixHQ

$WLD A small gain today, then another Black Friday tomorrow—you really know how to mess with us

Growth Points Lucky Draw
Invite friends to join and win great prizes!
https://www.gate.com/activities/pointprize/?now_period=26&refUid=14294131

$AVAX Currently trading at 8.643, up 5.79% over 24 hours. The 1H and 4H structures are both relatively strong, with the price holding above EMA20 (8.535/8.435). RSI is 65.47 and 62.80, respectively, giving the trend room to continue, but 1H volume is only 0.09x average, suggesting the move higher is somewhat weak. If the price can hold above the 8.735 resistance level, watch to see whether it can continue rising; if it breaks below the 8.21 support level, the short-term strength may be undermined. Going forward, focus on whether it can hold above 8.735 with increased volume; if that fails, wat

down 70%
up 2%
CT:

#StakeOnLaunchpoolToShare450KVLX
Stake on Launchpool to Share 450K+ VLX Rewards: A New Opportunity for Gate Users!
The cryptocurrency market continues to introduce new opportunities for investors, and Gate is bringing another exciting opportunity to its community through Gate Launchpool #386, featuring ValueX (VLX). This campaign allows eligible users to stake supported cryptocurrencies and earn a share of a substantial reward pool of 454,546 VLX tokens.
For users looking to earn additional cryptocurrency rewards without actively trading every day, this Launchpool campaign deserves attention.

Still awake in the early hours, I came across some rather sobering data 🥶

Glassnode weekly report

Total stablecoin supply fell by about $14.2 billion over the past 30 days

This is the fastest contraction since June 2022

USDT and USDC combined fell by nearly $11 billion

Another measure from CryptoQuant

USDT market cap fell by about $6.6 billion over 60 days

Stablecoins are cash in the market

Redeeming them for dollars means money is flowing out

Naturally, that leaves less fuel for a rebound

BTC is now moving sideways around 74k

The 200-day moving average is around 73200

Glassnode's

📱 BBVA Provincial unveiled an overhaul of its mobile app, and although it may sound like a marketing announcement, there’s something here that really matters to us: the bank is reorganizing the rails that move digital bolivars in Venezuela. Integrated mobile payments, biometrics, an automatic token, and cleaner navigation—all in one place. No crypto, mind you, but this is the infrastructure that makes it possible for users to buy or sell USDT without walking halfway across the city to find someone who can accept their payment.

What changed, specifically: the bank brought together in a single