Odaily reports: According to MSX.COM data, Nvidia (NVDA.O) extended its decline to 6.53%, with its market capitalization dropping to approximately $4.02 trillion. Affected by the drop in Nvidia's stock price, Microsoft (MSFT.O) has overtaken Nvidia with a market capitalization of approximately $4.03 trillion, marking the first time Microsoft's market cap has surpassed Nvidia since June 2025.

Odaily: Anthropic's seven co-founders plan to sell a combined approximately $1.75 billion worth of shares in the company's IPO next week. Based on the midpoint of the offering price range, each co-founder intends to sell about $250 million worth of shares. According to the Bloomberg Billionaires Index, at this valuation level, each co-founder's personal net worth is approximately $18 billion.

Although the amount of shares being sold by Anthropic's co-founders is substantial, it represents only about 1.5% of each co-founder's total holdings in the company. This is also not the first time company insiders have cashed out. According to the prospectus, co-founders Dario Amodei and his sister Daniela both participated in share tender offers in June 2025 and April 2026. Anthropic's other co-founders include Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, and Christopher Olah. (Bloomberg)

Odaily reports: Bitcoin fell to an intraday low of $72,787 following the release of U.S. October CPI data. Coinglass data shows that cryptocurrency liquidations over the past 24 hours exceeded $632 million, with long positions accounting for more than $511 million.

The market raised the implied probability of a 25 basis point Fed rate hike in December from 77% before the CPI release to 85%. U.S. October CPI rose 0.4% month-over-month, above market expectations. (Bitcoin.com News)

Odaily reports, according to MSX.COM data, U.S. stock Hims & Hers extended its decline to 17.72%, now trading at $18.86, the biggest drop since February.

Odaily reports that according to Onchain Lens monitoring, a whale holds a DOGE long position worth $5.35 million, currently at a loss of $1.53 million and only 3.65% away from the liquidation price. The same whale also had DOGE, XRP, and LIT positions liquidated 43 minutes ago, with a loss of $741,800; the account's total loss is $3.55 million.

According to Onchain Lens monitoring, Morgan Stanley (9TtddX...9V8) transferred 48,828 SOL (approximately $4.01 million) from its MSOL Solana ETF wallet to Coinbase Prime 10 minutes ago.

Odaily reports: BTC critic, gold advocate, and economist Peter Schiff posted on X platform that Bitcoin has never experienced back-to-back calendar year declines in its 18-year history, but Bitcoin fell 6.34% last year and has fallen another 16.5% year-to-date in 2026. He noted that if Bitcoin continues to decline in 2027, it would mark the first time of three consecutive calendar year declines.

Odaily: Rezaei, Secretary of Iran's Supreme National Security Council, stated that Iran has demanded a clear and unambiguous response from the United States regarding the conditions proposed by Iran, but the US has yet to respond. The US response is deceptive. All US claims about continuing negotiations with Iran and holding talks in Qatar are lies. (Iranian media FarsNews)

Odaily reports: qinbafrank posted on X that Anthropic's IPO valuation has two calculation approaches: actual issued shares and fully diluted shares. Based on the upper end of the IPO price range of $78, if calculated solely on the approximately 13.087 billion economically outstanding shares after the completion of the IPO and the $26 billion private placement, the company's corresponding market cap is about $1.02 trillion.

However, the maximum valuation of about $1.405 trillion mentioned in CNBC's report uses the fully diluted approach, which further includes unexercised options, unvested RSUs, shares reserved under equity incentive plans, and shares reserved under employee stock ownership plans on top of existing shares. The fully diluted total share count is about 18 billion shares, which multiplied by $78 corresponds to a valuation of about $1.404 trillion.

That said, a fully diluted valuation does not mean these potential shares will be issued all at once at the IPO. Among the aforementioned categories of shares, unvested RSUs as well as shares reserved under equity incentive plans and employee stock ownership plans are not currently actually issued shares. Therefore, fully diluted is a theoretical maximum, while actual dilution occurs gradually year by year, typically lasting several years.

Odaily News, November 11: The MegaETH Foundation has been renamed MEGA and plans to invest $30 million to launch new products. (The Block)

Odaily reports: Bitcoin News posted on X that Square plans to complete the phased expansion of Bitcoin payments today, with Lightning Network payments set to become available to eligible sellers in its U.S. merchant network. Consumers can pay with Bitcoin, and merchants will receive U.S. dollars by default, with the option to retain Bitcoin. Square will waive Bitcoin payment processing fees through the end of 2026, after which it plans to charge a flat 1% fee. Square's broader merchant network covers more than 4 million merchants, but eligibility restrictions remain, and actual adoption has yet to be independently quantified.

Odaily: In her latest remarks, Federal Reserve's Logan said: "Excess inflation is unacceptable. This winter, the Fed may raise rates faster than it has so far. It is clear that the Fed needs to raise rates at least two more times, by 25 basis points each. After two more hikes, it would be reasonable to pause and assess further actions that may be needed. The current Fed policy rate is at least 50 basis points below the level of modest restriction. Gradually adjusting policy can reduce the risk that economic activity deteriorates more than necessary. Wartime energy disruptions are not the only source of price pressure, and the sources of upward price pressure are not limited to tariffs, and this broad upward price trend may persist." (Jinshi)

According to MSX.COM data, Nvidia (NVDA.O) extended its intraday decline to 5.50%, currently trading at $168.84.

According to Coinglass data, total liquidations across the network in the past hour reached $292 million, with long liquidations at $222 million and short liquidations at $70.1762 million. Among these, ETH liquidations amounted to $121 million, and BTC liquidations totaled $89.4118 million.

According to MSX.COM data, HIMS has fallen 17.7% over the past 24 hours and is currently trading at 19.8 USDT.