According to sources, Odaily reports that Elon Musk's artificial intelligence company xAI is in advanced talks to raise $15 billion at a valuation of $230 billion. This valuation represents a significant leap from the $113 billion valuation disclosed when it merged with Musk's social platform X in March of this year.
Sources say that Elon Musk's personal wealth manager, Jared Birchl, disclosed the terms of the funding round to investors Tuesday evening. It is unclear whether the valuation is pre-money or post-money. CNBC reported on xAI's funding plans last week. Following the report, Musk replied "fake" to a user's post about the news on X, sparking speculation. It is reported that after ending his cooperation with the US government, Musk has shifted his main focus to xAI, aiming to make it a core player in the global AI field. (Jinshi)
According to The Data Nerd, 30 minutes ago, a whale (possibly Wintermute) withdrew 5.27 million ENA tokens from Binance, worth approximately $1.47 million. Prior to this, the address received 12.29 million ENA tokens (worth approximately $3.91 million) from Wintermute and subsequently staked all of the ENA on Ethena.
Odaily Planet Daily reports that Rderly Network has launched Kronos QLS Vault, a market-neutral quantitative strategy tool developed by Kronos Research. Vault uses algorithmic trading to balance long and short positions, capture alpha returns, focuses on the top 50-100 most liquid futures tokens by trading volume, and rotates the ledger daily to achieve low slippage and stable returns.
Odaily Planet Daily reports that Wizzwoods has announced the completion of a $10 million Series A funding round, co-led by Animoca Ventures and Infinity Ventures Crypto.
Wizzwoods is described as a pixelated farm game that combines cross-chain mechanisms with SocialFi elements, developed based on Telegram mini-programs and Twitter extensions.
According to Odaily Planet Daily, crypto entrepreneur Mike Alfred stated in a recent podcast that the US government is unlikely to initiate a strategic reserve of Bitcoin in the short term unless other countries take the lead. He said the US will only include Bitcoin in the strategic reserve framework established this year through executive order when "external pressure is significant enough."
Alfred predicts that by 2033, Bitcoin will reach a price of $1 million, at which point "almost every country will hold Bitcoin directly or indirectly" and regard it as a strategic reserve asset. He believes that the US government was previously reluctant to acknowledge Bitcoin, "but under Trump's impetus, the atmosphere has changed significantly."
Previously, Galaxy Digital analyst Alex Thorn predicted that the United States had a "high probability" of officially announcing its holding of Bitcoin as a strategic asset this year. Meanwhile, several industry insiders warned that if the United States does not act soon, other countries may "preemptively establish their own" positions. (cointelegraph)
According to Lookonchain monitoring, the whale address "ThisWillMakeYouLoveAgain," which previously profited over $36 million from PEPE, has recently been heavily investing in ASTER. This address purchased 8.93 million ASTER tokens (approximately $12.42 million) at an average price of $0.98, and its current unrealized profit exceeds $3.67 million.
Odaily Planet Daily reports that AIUSD has announced the launch of "Agentic AI Money Infrastructure," a system that enables unified asset management across multiple chains, exchanges, and stablecoins, allowing users to communicate with AI agents via natural language to complete cross-chain scheduling, transactions, and yield management.
According to reports, AIUSD's core trading and yield algorithm has achieved an annualized trading volume of $1 trillion over the past two and a half years with zero monthly drawdown. The company behind the product, Generative Alpha, has completed a pre-seed funding round of nearly eight figures, with investors including several well-known Silicon Valley VCs (who previously invested in Anthropic, Perplexity, TradingView, etc.), as well as a16z, Sequoia Capital's Scout Fund, and members of Tesla's FSD AI team.
The team stated that the infrastructure is designed to provide AI agents with a natively callable "smart funds layer" to achieve cross-chain interoperability, unified balance, automatic strategy execution and idle income management, and support derivatives trading, asset routing and high-speed cross-platform scheduling.
The AIUSD founding team comprises former DeepMind researchers and hedge fund quantitative analysts, while the engineering team members come from top quantitative institutions, Binance, Bloomberg, and autonomous driving AI teams. The company states that AI-native monetary infrastructure will become the underlying capability of future autonomous AI financial systems. (BusinessWire)
According to Odaily Planet Daily, Injective announced that it will launch the INJ community buyback program tomorrow.
According to Odaily Planet Daily, on November 18th, Eastern Time, the Fidelity Solana Fund (ticker symbol FSOL) and the Canary Marinade Solana ETF (ticker symbol SOLC) were officially listed on the NYSE and Nasdaq respectively, bringing the total number of listed Solana spot ETFs in the United States to five.
According to SoSoValue data, the Solana spot ETF saw a net inflow of $30.09 million yesterday (November 18th, Eastern Time). Among them,
On its first day of trading, FSOL saw a net inflow of $2.07 million, a trading volume of $8.58 million, and a total net asset value of $5.38 million.
SOLC saw no net inflows on its first day of trading, with a trading volume of $130,000 and a total net asset value of $820,000.
The largest single-day net inflow was seen in the Bitwise Solana ETF (BSOL), with a net inflow of $23 million, bringing its historical total net inflow to $388 million.
As of press time, the Solana spot ETF has a total net asset value of $594 million, a Solana net asset ratio of 0.76%, and a cumulative net inflow of $420 million.
The Fidelity Solana Fund supports cash or in-kind redemption and has a management fee of 0.25%. It supports Solana to provide additional returns through staking, with the manager and staking provider sharing 15% and the remaining 15% going to investors.
The Canary Marinade Solana ETF supports cash or in-kind creation and redemption, with a management fee of 0.50%. It allows Solana to generate additional returns through staking, and the manager does not receive any additional commission.
According to Odaily Planet Daily, Bitwise CEO Hunter Horsley stated in an article on the X platform that the Bitwise Solana ETF (BSOL) has seen inflows every trading day for the past three weeks, with total inflows exceeding $580 million since its launch. To date, BSOL has generated approximately 7,990 SOL in returns for investors.
According to crypto analyst EmberCN, a whale that used a revolving loan to hoard WBTC and ETH at high prices sold 9,516.8 ETH between yesterday and early this morning, for a total of 29.36 million USDT, at an average price of $3,085. The proceeds were used to repay loans from Aave. Its debt decreased from $150 million to $121 million, and its near-liquidation health rate rose from 1.04 to 1.12, temporarily escaping the high-risk zone.
The address currently holds 1,560 WBTC (worth $144 million) and 9,000 ETH (worth $28.04 million) as collateral. Analysts point out that the health rate of 1.12 is still relatively low, and if BTC and ETH fall further, this whale may need to further reduce its holdings and leverage.
According to Odaily Planet Daily, Bitwise CEO Hunter Horsley posted on the X platform that he added to his Bitcoin holdings yesterday at a price range of $89,000.
According to data from SoSoValue, the crypto market rebounded across the board, with the meme sector leading the gains at 4.28%. Pump.fun (PUMP) rose 7.97%, and SPX6900 (SPX) climbed 16.65%. Additionally, Bitcoin (BTC) rose 0.43%, surpassing $92,000, and Ethereum (ETH) rose 2.36%, breaking through $3,100.
Meanwhile, MAG7.ssi rose 2.84%, DEFI.ssi rose 1.43%, and MEME.ssi rose 5.30%.
Other sectors that performed well include: CeFi, which rose 4.02% in the last 24 hours, with Aster (ASTER) up 11.96% and WhiteBIT Token (WBT) up 21.14%; and AI, which rose 3.90% in the last 24 hours, with Golem (GLM) and Kite (KITE) up 13.58% and 14.83% respectively.
In other sectors, Layer 2 rose 3.78%, with Starknet (STRK) up 27.00%; Layer 1 rose 2.67%, with Solana (SOL) up 6.44%; PayFi rose 2.44%, with Telcoin (TEL) up 5.51%; and DeFi rose 2.17%, with MYX Finance (MYX) up 18.18%.
The crypto sector indices, which reflect the historical performance of the sector, show that the ssiMeme, ssiAI, and ssiCeFi indices rose by 4.38%, 2.60%, and 2.29%, respectively.
According to Odaily Planet Daily, Bitmine, a leading Ethereum holding firm, announced that it will release its financial results for the fourth quarter and full fiscal year 2025, ending August 31, 2025, before the US stock market opens on November 21 (this Friday).
According to Odaily Planet Daily, Ark Invest continued to increase its holdings in crypto-related stocks on Tuesday, adding approximately $3 million to its ARKK and ARKF funds in Coinbase and approximately $3.1 million in Circle; ARKF also purchased an additional approximately $1.1 million in Bullish.
At the close of trading that day, Coinbase fell 0.82% to $261.79, while Circle rose slightly to $76.6. (The Block)
Odaily Planet Daily reported on November 19th that SuperSuperRare, the RWA card platform within the BNB Chain ecosystem, announced the launch of a points leaderboard system based on card draws. According to the official introduction, the current points mechanism on the SSR platform is calculated based on the FMV (Fair Market Value) of the cards obtained each time a user draws a card. The leaderboard ranking will be determined by the user's card draw record and the number of cards opened.
SuperSuperRare states that its project is an on-chain card-drawing platform combining TCG (Trading Card Game) and RWA (Responsive Virtual Assets). Currently, all Pokémon cards available are physical Pokémon cards certified by the PSA (Publication and Rating Agency). Users can choose from three options: one-click buyback, trading on the NFT marketplace, or redeeming physical cards for offline delivery. SSR currently features an unlimited blind box card-drawing function. Unlike most "black box" card-drawing mechanisms on the market, each draw is determined by a random number and algorithm to fairly select cards of different rarity levels. A verifiable "lucky bag" limited-time card-drawing mechanism based on blockchain will be launched in the future.
According to reports, on November 12, the SuperSuperRare platform will collect the "2021 Japan 25th Anniversary Edition Charizard" foil card selected by users through a lottery. The Mint card will be added to the BNB Chain at block height 67930239, becoming a real asset of the Pokémon card RWA on the platform's ecosystem.
