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PropMarketCapFRESHExchanges and infrastructure

Goldman Sachs and Citigroup gave $270 million to the Faro bank stablecoin - launch in 2027

A group of major banks invested about $270 million in the Faro project - the issuance of its own stablecoin (a coin with an exchange rate pegged to the dollar). The money will cover five years of operation for the issuing company, and the coin's launch itself is stated for the first half of 2027.

PropMarketCapFRESHCurrencies, commodities and indices

Anthropic valued itself at $1.4 trillion: Nasdaq shares to be offered at $70-78

The developer of Claude has named its IPO price for the first time. On Nasdaq under the ticker ANT, 825 million Class A shares are being sold: at the upper bound, that's up to $64.4 billion raised and a company valuation of up to $1.4 trillion.

PropMarketCapFRESHCurrencies, commodities and indices

Google to invest $10B in Anthropic at offering price

Anthropic (developer of the Claude AI assistant) has begun its roadshow ahead of going public with a range of $70-78 per share. Google announced a $10B investment, with its stake to be acquired at the same price that offering participants will pay for shares.

PropMarketCapFRESHExchanges and infrastructure

Binance has closed transfers with the MEXC crypto exchange: withdrawals are rejected, deposits are sent for review

On November 10, Binance stopped processing any transactions related to MEXC and 12 of its other legal entities. A day earlier, the platforms were only slowing down such transfers; now it is a ban. The reason was a FinCEN order (the financial intelligence unit of the US Treasury), which linked $16 billion in suspicious transactions to MEXC.

PropMarketCapRegulation

Coinbase received a full federal trust license from the OCC

The U.S. Office of the Comptroller of the Currency (OCC, the federal bank regulator) upgraded the trust status of the largest American crypto exchange from conditional to full. Now Coinbase conducts cryptocurrency custody and payments under federal supervision, rather than only under individual state licenses.

PropMarketCapInstitutional players and funds

China's central bank buys gold for 24 months in a row and accelerated during the price decline

The People's Bank of China extended its streak of gold purchases for reserves to two years without a break and noticeably increased the volume of purchases precisely during the price pullback.

PropMarketCapRegulation

US Treasury cuts MEXC off from the dollar system: $16 billion claim

On November 6, FinCEN (the US Treasury's financial crimes unit) banned American banks from making any transfers to or from the MEXC Global crypto exchange. The exchange was named a "primary source of money laundering threat," with claims totaling $16 billion in transactions over five years.

PropMarketCapRegulation

The Fed and OCC began calling US banks over the Binance theft

Since Monday, November 2, American banks have been receiving questions from two supervisory agencies: whether they had any unusual activity or service disruptions. The trigger was the $6.34 billion theft from Binance - there is no formal case, but banks' crypto risks are being examined in connection with this episode for the first time.

PropMarketCapMacroeconomics and central banks

Hammack: Fed rate must become restrictive, inflation is moving in the wrong direction

Beth Hammack, head of the Cleveland Fed, on Thursday called gradual rate increases the best path for US monetary policy. Inflation, she said, is too high and moving in the wrong direction, so policy must become restrictive.

PropMarketCapMacroeconomics and central banks

Another ECB key rate hike in December: "the probability is quite high"

Ante Zigman, a member of the ECB Governing Council (the body that actually decides on the rate), said in comments to Bloomberg that the chance of another hike at the December meeting is high. The euro barely reacted to this: EUR/USD traded around 1.1220, slightly below the day's levels.

PropMarketCapCurrencies, commodities and indices

Google backstopped a $19 billion data center construction for Anthropic

Google signed agreements to provide credit support for the TeraWulf project - an American company that used to mine Bitcoin and now builds data centers. Under a 20-year contract with Anthropic worth about $19 billion, it will become easier for it to borrow money from banks.

PropMarketCapCrypto market

BTC longs doubled in price: $430M in liquidations in 24 hours

The funding rate for Bitcoin perpetual futures on Binance rose to 0.01 — the highest in more than two months. Over the past 24 hours, positions worth over $430M were forcibly closed on the market, mostly longs.

PropMarketCapInstitutional players and funds

Morgan Stanley tokenized US stocks and government bonds through DTCC

The bank became one of the first users of the new tokenization service from DTCC, the clearing center through which US securities transactions pass. US stocks and Treasury bonds have been converted into tokenized form.

PropMarketCapMacroeconomics and central banks

Eurozone Inflation: 4.0% Expected, Market Prices 72% Chance of ECB Rate Hike in December

The Eurozone consumer price report is due on November 4 - forecast at 4.0% year-on-year versus 3.8% a month earlier. The US session adds ADP employment data and the ISM services business activity index, while in the US Democrats have taken both the House and the Senate.

PropMarketCapInstitutional players and funds

Central banks bought 321 tonnes of gold in a quarter: +42% year-on-year

The World Gold Council (an industry organization that tracks global demand for the metal) reported on Q3 2026: governments bought gold more actively than at any time since late 2024, and exchange-traded funds pushed their holdings to a record 4256 tonnes. The price, meanwhile, lost more than 6% in October.

PropMarketCapCurrencies, commodities and indices

US and Iran made mutual concessions: for oil prices this is the main topic of the year

On November 3, Arab TV channels reported progress on the Iranian dossier: Washington approved a draft memorandum of understanding with Tehran, and the parties are discussing how to announce a temporary agreement. For oil, this is the most sensitive geopolitical topic of the year.

PropMarketCapMacroeconomics and central banks

RBA raised the rate to 4.85% - an 18-year high, while AUD fell on this

The Reserve Bank of Australia at 06:30 MSK raised the rate by 25 basis points, to 4.85% from 4.60%. This is the fifth hike since February and the highest rate level in 18 years, but the Australian dollar moved down, not up, on the decision.

PropMarketCapCrypto market

Bitcoin fell below $77,000: chip sell-off dragged crypto down with it

On Tuesday morning BTC lost about 2% and is trading just below $77,000, erasing Monday's rebound. The trigger was a sell-off in the US tech sector: the Nasdaq 100 index dropped 10% from its recent high, meaning it entered a correction.

PropMarketCapCurrencies, commodities and indices

Bank of Japan again hinted at a rate hike

On the morning of November 2, the head of the Bank of Japan once again signaled readiness to raise the key rate. No specific dates or figures were announced, but for the market this is not the first such hint in recent months.

PropMarketCapExchanges and infrastructure

4M BTC bought above $85,000: Glassnode explains why growth is hitting a ceiling

Long-term holders (those who haven't moved coins for more than 155 days) hold roughly 4M BTC bought in the $85,000-$118,000 range, mostly in 2025. At the current price that's about $326 billion, and more than half of these coins are at a loss.

PropMarketCapMacroeconomics and central banks

Lagarde speaks of pro-inflationary risks: ECB rate remained at 2.65% today

The European Central Bank on 29 October at 16:15 MSK kept its key rate at 2.65% - exactly as the market expected and as at the previous meeting. No changes to any of the three rates.

PropMarketCapRegulation

Lagarde to leave the ECB: date named - February 7

Christine Lagarde, President of the European Central Bank, has told staff that she plans to leave her post on February 7. This concerns the person who sets the rate for the entire eurozone, that is, directly influences the EUR/USD exchange rate.

PropMarketCapMacroeconomics and central banks

What the ECB rate will be today, we'll find out at 16:15 MSK: EUR/USD at its lowest since May 2025

The European Central Bank will announce its rate decision today at 16:15 MSK, and at 16:45 MSK the press conference of ECB President Christine Lagarde will begin. The euro approaches the event at 1.1110 - this is the lowest level of the EUR/USD pair since May 2025.

PropMarketCapMacroeconomics and central banks

The rate after the Fed meeting remained at 3.75-4%, but two committee members voted for a hike

The decision was made by a vote of 10 to 2: Governor Lisa Cook and Cleveland Fed President Beth Hammack insisted on an immediate 0.25 percentage point increase. Six weeks earlier, the committee had made the same decision unanimously.