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Odaily News: Elon Musk quoted Sequoia Capital partner Shaun Maguire's assessment of Jensen Huang and replied "I agree." In the original post, Maguire called Huang one of the greatest entrepreneurs of this generation, while noting that he did something extremely foolish and detrimental to the United States, but guessed there was no ill intent, and stressed that two mistakes do not cancel each other out, and that Huang is irreplaceable to US AI leadership.
It is worth noting that Musk's reply did not address each of these points individually, but only expressed agreement.
Odaily News: According to Onchain Lens monitoring, a trader lost a total of $19.86 million on ETH long positions across two accounts: the first account was liquidated with a loss of $11.89 million, and the second account was closed with a loss of $7.97 million. The trader's cumulative loss over the past 30 days reached $33.34 million, with a total cumulative loss of $44.78 million.
Odaily News: According to Odaily's Today's Hot Meme monitoring, the market cap of "Niubi" on BSC briefly reached $2.86 million and is now at $2.55 million.
On the news front, Musk posted praise for Chinese X, with the original text reading "Chinese 𝕏 is 牛逼".
"Today's Hot Meme" is curated exclusively by Odaily's AI model to screen community-buzzed potential targets. The content is compiled from public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks of meme coins.
Odaily News: According to Onchain Lens monitoring, a trader closed BTC and ETH short positions 5 hours ago, with closing amounts of $97.3 million and $23.24 million, respectively, earning profits of $1.46 million and $1.29 million. The wallet currently holds $25.55 million in open positions, with $2.8 million in unrealized profit; over the past 30 days, it has gained $1.77 million, with cumulative losses of $1.62 million.
Odaily News: Fairshake and its affiliated organizations Protect Progress and Defend American Jobs spent $154.5 million in the midterm elections, covering 93 races. The candidates they backed won 86 and lost 7, a win rate of about 92%. In primaries, they went 53-4, including 28-0 in Republican primaries; in general elections, they went 33-3. Major winners included Nebraska Senator Pete Ricketts and Kentucky Senator Andy Barr, while some high-spending efforts failed.
Odaily News: According to SoSoValue data, HYPE spot ETFs recorded a net outflow of $15.62 million during last week's trading days (Nov. 2 to Nov. 6, US Eastern Time).
The largest net outflow last week came from the Bitwise ETF BHYP, with a weekly net outflow of $12.07 million; BHYP's total historical net inflow now stands at $114 million. It was followed by the 21Shares ETF THYP, with a weekly net outflow of $3.32 million; THYP's total historical net inflow now stands at $27.41 million.
As of press time, the total net assets of HYPE spot ETFs stand at $374 million, with the ETF net asset ratio (market value as a share of HYPE's total market value) at 2.00%, and cumulative historical net inflows have reached $287 million.
Odaily News: According to SoSoValue data, SOL spot ETFs recorded a net outflow of $26.25 million during last week's trading days (Nov. 2 to Nov. 6, US Eastern Time). Bitwise ETF BSOL saw the largest net outflow at $14.44 million for the week, with cumulative historical net inflows of $1.11 billion; Grayscale's SOL Trust GSOL followed with a weekly net outflow of $6.24 million and cumulative historical net inflows of $122 million. As of press time, the total net asset value of SOL spot ETFs stands at $1.31 billion, with a net asset ratio of 2.46% and cumulative historical net inflows of $1.44 billion.
Odaily News: According to SoSoValue data, Ethereum spot ETFs recorded a net outflow of $365 million during last week's trading days (Nov. 2 to Nov. 6, US Eastern Time), marking the sixth consecutive week of net outflows.
BlackRock's ETHA saw the largest net outflow last week, with a weekly net outflow of $346 million and cumulative historical net inflows of $11.52 billion; it was followed by BlackRock's ETHB, with a weekly net outflow of $47.848 million and cumulative historical net inflows of $785 million. Fidelity's FETH recorded the largest net inflow last week, with a weekly net inflow of $15.3357 million and cumulative historical net inflows of $2.44 billion.
As of press time, the total net asset value of Ethereum spot ETFs stood at $12.84 billion, with a net asset ratio of 4.71% and cumulative historical net inflows of $11.92 billion.
According to Odaily Meme Express monitoring, the market cap of "Niubi" on BSC briefly reached $1.88 million.
On the news front, Musk posted praise for Chinese X, with the original text reading "Chinese 𝕏 is 牛逼".
"Meme Express" is an exclusive AI model by Odaily that screens potential community-hyped targets. The content is compiled from public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks of meme coins.
Odaily News: According to SoSoValue data, XRP spot ETFs recorded net outflows of $529,500 during last week's trading days (Nov. 2 to Nov. 6, US Eastern Time). Among them, Canary ETF XRPC saw weekly net outflows of $529,500, with cumulative historical net inflows reaching $485 million. As of press time, the total net asset value of XRP spot ETFs stands at $1.34 billion, with a net asset ratio of 1.80% and cumulative historical net inflows of $1.81 billion.
Odaily News: In an interview, Trump stated that he is a co-holder of the cryptocurrency company World Liberty Financial but knows nothing about its business. When asked about investors linked to the UAE government holding partial stakes in the company and whether foreign investors could gain influence through this, Trump said he did not know and noted that his sons run the family company.
According to Odaily monitoring, a certain address's contract account has accumulated profits of approximately $28 million. Its SKHX short position decreased by 11,761.1 tokens, valued at approximately $10.24 million; it currently still holds 13,310.75 short tokens, with a position value of approximately $11.59 million. The cumulative closed position amount within the window is approximately $10.03 million.
Address: 0x024294c53a69c1e6b39810b3fac87385752fffa1
Odaily News: In an interview, Trump was asked about allegations of conflicts of interest involving himself and his family businesses, including cryptocurrency operations, and said, "Every president has their own issues." When it was pointed out that no U.S. president had previously owned a cryptocurrency company, Trump responded that past presidents also held other important assets such as oil, and argued that cryptocurrency is essentially similar to traditional business assets. He also said that simply because he is president, he should not be expected to require his sons to stop running their businesses during his four-year term. (The Block)