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11/4
18:06
According to Cointelegraph, Bitcoin ETFs saw outflows of $1.16 billion. Bitwise's André Dragosch attributed the outflows to weakening market sentiment, noting that institutions have largely maintained their holdings and describing the sell-off as a short-term phenomenon.
18:04
Musk discusses the concept of space data centers, and the Democratic sweep in the US midterm elections puts pressure on the AI sector. Summaries show that election results in Texas have sparked concerns over data center restrictions, while Musk and Palihapitiya have shifted market attention toward the space economy.
17:46
The US midterm elections landslide victory for the Democrats shook Asian markets, with the Hang Seng Index rising 1.7% while the Nikkei 225 fell 1.4%. Asian stock markets closed mixed on Wednesday as investors assessed potential stricter regulatory scrutiny from Congress on the AI industry and government spending. Among them, the Hong Kong Hang Seng Index closed up 1.7%, the South Korea Composite Stock Price Index rose 0.6%, and Japan's Nikkei 225 index fell 1.4%. Analysts believe the US elections may exert pressure on the region's tech stocks and hardware manufacturers.
17:46
Saudi Arabia is pushing ahead with a comprehensive overhaul of its listing rules, ignoring warnings from banks and industry bodies that the changes could make it harder for companies to go public.
17:37
The Hang Seng Index in Hong Kong closed up 1.67% at 23,919 points. Mainland Chinese stock markets moved higher across the board, with the Shanghai Composite Index closing up 2.16% at 3,686 points and the Shenzhen Component Index closing up 4.22% at 11,335 points.
17:26
Morgan Stanley has announced that it is the first to participate in Wall Street's tokenization system, bringing U.S. equities and Treasuries on-chain via tokenization. The bank posted on X that it began asset tokenization following the launch of the Depository Trust & Clearing Corporation's (DTCC) Digital Token Services (DTS) on October 28.
17:16
The Israeli Central Election Committee has confirmed the final results of the general election, stating that a thorough review revealed no voting irregularities or evidence of vote tampering that would impact the integrity of the electoral process. The final results will be submitted to President Isaac Herzog today, after which the president will begin consultations on forming a government. Previously, Prime Minister Benjamin Netanyahu had accused Arab parties of "stealing" votes after they won 19 parliamentary seats.
17:10
According to The Korea Herald, South Korea's Financial Services Commission on Wednesday imposed a combined fine of 374.6 billion won on seven banks and six brokerage firms for the misselling of Hong Kong-linked equity-linked securities products, setting a record for such penalties in the country. The report noted that the regulatory body significantly reduced the fines from previously proposed amounts after taking investor compensation and legal factors into consideration.
17:02
Mehdi Tabatabaei, Deputy Head of Communications and Information at the Iranian Presidential Office, posted on X that human crimes in Gaza, blind subservience to the interests of the Israeli regime, and the endless war with the Islamic Republic of Iran have inflicted the greatest defeat in U.S. electoral history upon the U.S. Republican Party. Previously, Donald Trump had acknowledged that the war against Iran played a role in the Republican midterm election defeats.
16:51
According to The Wall Street Journal, New York gold futures rose 2.3% to $4,032.90 per troy ounce in early European trading on Wednesday. The report attributed the rally to a weaker U.S. dollar, declining U.S. government bond yields, and safe-haven demand following the U.S. mid-term elections.
16:36
Wingtech Technology has rejected a restructuring proposal under which it would lose control of Dutch chipmaker Nexperia’s assets outside China, condemning the plan as an “expropriation” driven by discrimination. The stand-off deepens a year-long dispute between Wingtech and Dutch authorities, as the company faces an impending delisting deadline at home, while Dutch Prime Minister Rob Jetten prepares for an official visit to Beijing in the spring. In a statement on Tuesday, Wingtech said the court-appointed administrators overseeing Nexperia had submitted a proposal based on a “two circles” structure.
16:24
The Financial Services Commission of South Korea has ordered a massive crypto wallet freeze following the hack on Binance, while demanding heightened transfer monitoring, emergency staffing, and increased reserves. However, the exchange's specific implementation details and any new custody thresholds remain unclear.
16:20
US stock index futures ticked lower, while US Treasuries strengthened following the Democrats' landslide victory in the mid-term elections. Equities fell sharply when initial results came in, but pared losses as the scale of the Democratic victory became clearer.

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