Cointime reports: Strategy’s preferred stock Stretch (STRC) raised enough capital on Nov. 4 to purchase more than 120 BTC. The mechanism, which links STRC fundraising to bitcoin purchases, is active again after more than 170 days of inactivity.
Cointime update: South Korea’s defense ministry said on November 5 it will submit a revised consent bill to the National Assembly to extend the deployment of its Cheonghae naval unit and widen its operating area to waters off southern Oman near the Strait of Hormuz, while adding military equipment and personnel. The move is seen as Seoul taking a practical military step to help stabilize the Strait of Hormuz situation.
Cointime reports: A Hyperliquid trader closed a crude oil long position worth about $56.6 million on November 5, taking a $5.82 million loss. The same address still holds a leveraged Brent crude long of roughly $95.7 million, with an unrealized loss of about $7.06 million and a liquidation price of $82.33. The account’s cumulative profit and loss stands at a loss of $13.79 million.
Cointime update: Binance Wallet has adjusted the distribution rules for the PREDICT airdrop, keeping the original five distribution dates and corresponding questionnaire deadlines unchanged: the token listing day, November 6, 2026, November 13, November 20 and November 27. If PREDICT launches after any scheduled distribution date, that date and all previously undistributed airdrop batches will be consolidated and issued in the first batch after listing. Users do not need to resubmit questionnaires, and eligibility for each batch remains determined by the original questionnaire deadlines.
Cointime update: Ethereum co-founder Vitalik Buterin said crypto exchanges’ top priority over the next two years should be survival rather than competing for market advantage, warning that frequent industry hacks could prompt regulators to intervene and impose stricter operational and security obligations. He also acknowledged the continued growth of India’s developer ecosystem.
Cointime update: OpenAI published the National Community Compact and Compute Campus Policy Blueprint on Nov. 5, committing each compute campus it owns and operates to cover full electricity and infrastructure costs. The compact requires water plans favoring closed-loop or low-water cooling, public disclosure of site-level power and water use, and annual compliance and local hiring reports. OpenAI and Georgia Power agreed it can cut up to 1,000 megawatts during high-demand periods.
Cointime update: Tencent’s Hunyuan Hy4 model, first integrated into WorkBuddy on November 4, has seen a surge in calls, prompting the team to urgently expand its inference cluster tenfold and raise free usage quotas. Due to limited high-end compute and peak concurrency, some time slots may still hit limits; users are advised to switch to Hy3, whose free period now runs to November 15, 2026, or use off-peak evening hours.
Cointime update: France’s National Assembly rejected the revenue section of the 2027 budget in a first reading on November 5 by 458 votes to 0, with 2 abstentions. Crypto-related amendments previously passed were therefore left out of the government’s original budget text sent to the Senate. The affected proposals include taxing gains from converting crypto assets into stablecoins and requiring taxpayers to declare self-custodied crypto assets worth at least €100,000. The measures could still be reintroduced in the Senate and must clear further legislative steps to become law.
Cointime update: Micron Technology has halted construction of a $4.5 billion memory chip plant in Taoyuan, Taiwan, due to an ongoing labor dispute with local unions. The company has largely stopped work on the site and informed local officials and a supplier of the pause, with management concerned that local labor agreements could be overturned, creating project uncertainty. The plant was intended as a key production base for AI-critical memory components.
Cointime reports: Trader James Wynn holds a roughly 0.24 BTC short position at 40x leverage worth about $19,300, Arkham data shows, with an entry price of $80,429 and a liquidation price of $81,373. The position showed about $26 in unrealized profit at the time of the screenshot, and Arkham said his account holds about $500. Wynn’s earlier short of about 1.256 BTC was already liquidated.
Cointime update: South Korea’s Ministry of the Interior and Safety and the Personal Information Protection Commission released results of a public deliberation on AI use of personal data, with 20 of 25 discussion groups (80%) backing a “prior notice, opt-out anytime” mechanism over obtaining separate consent before each use. Support for the mechanism rose from 46.2% to 56.4% after deliberation, while backing for per-use consent fell from 47.7% to 41%. The commission plans to draft a personal information system reform plan within the year.
Cointime reports: Meta’s newly issued €9 billion ($10.1 billion) six-part euro bond is trading above par, with all six tranches quoted higher on Thursday and bid prices also above face value. The order book reached €62 billion, far surpassing the €31 billion record set by AB InBev a decade ago. Underwriters priced each tranche just under 100 euros per 100 euros of face value, with spreads closer to lower-rated issuers than to other mega-cap tech borrowers.
Cointime update: Bitcoin treasury company DDC Enterprise (DDC) has launched an initial public offering of preferred stock under the ticker SAVOR, priced at $20 per share with an annualized dividend of 13.5% paid daily. The offering is expected to raise $24 million, with proceeds earmarked for repaying convertible notes, funding a dividend reserve account and adding to its BTC holdings.
Cointime reports: US cloud computing stocks declined in pre-market trading, with CoreWeave down 1.6%, Nebius down 2.8% and IREN down 1%. The moves came ahead of the market open as investors weighed the sector’s recent run.
Cointime update: Vitalik Buterin said on Nov. 5 that Ethereum will use frontier technologies, including GPUs, in the coming years to process multiple tasks in parallel while preserving decentralization. The Ethereum Foundation will focus on its strengths, supporting developers on technical capability, security, privacy and openness, while areas beyond its expertise will be left to users and the community to explore.
Cointime reports: South Korea’s KOSPI fell 5.28% to 5,383.8 and the KOSDAQ dropped 5.11% on November 5, with both indexes triggering market stabilization mechanisms the same day. Semiconductor and AI-infrastructure shares led the decline: SK Hynix fell 9.46% and Samsung Electronics 7.57%. Investors are concerned that Democratic gains in the US midterm elections could tighten regulation of data center approvals, grid access and power costs, delaying AI data center projects and weighing on demand for HBM and DRAM memory chips.
Cointime reports: US optical communication stocks fell collectively in premarket trading on November 5, extending the previous session’s losses. AXT Inc dropped more than 5%, while MaxLinear, Astera Labs, Credo Technology and Marvell Technology each fell over 4%. Lumentum, Corning and Fabrinet were down more than 3%.
Cointime reports: US-listed memory and storage stocks fell collectively in premarket trading on Nov. 5. Seagate Technology and SK Hynix each dropped more than 4%, while Western Digital, SanDisk, Rambus and Micron Technology each fell more than 3%. Silicon Motion Technology declined more than 2%.
Cointime reports: Morgan Stanley said in a Nov. 5 report that Democratic midterm gains, including in Texas, could tighten data-center regulation and delay projects, but the broader AI investment cycle is expected to remain intact. The bank kept an overweight stance on global equities, noting large-cap stocks have risen 15%-16% on average in the six months after midterms since 1982. It expects the federal deficit to stay near 6% of GDP.
Cointime reports: Meritz Securities said on Nov. 5 that memory chip makers’ order books for 2027-2028 far exceed available production capacity, with order fulfillment rates holding at a low 80%-85% this year and driving sharp price increases. Even if Democrats gain an advantage in US midterm elections and delay some data center projects, the supply shortage is unlikely to fundamentally change, with the 2027 gap expected to widen and fulfillment possibly falling to about 80%.