Crypto Pulse

Overview What the November 4 announcement changes is the project's financing eligibility, not the timing of its revenue. The credit support agreements TeraWulf signed with Google LLC cover anticipated debt financing, and the announcement notes that Alphabet's senior unsecured debt carries ratings of AA+ from S&P and Aa2 from Moody's. That means project debt can be priced against the credit of an AA+ entity rather than against a company with a market capitalisation under $2 billion and ro

Overview Contracted value, annualised run-rate revenue and actually recognised revenue currently differ by a factor of about 59, and that is where reading this report has to start. IREN's audited contracted revenue comprises $5.1 billion of remaining performance obligations under ASC 606 plus $11.4 billion of lease contract value under ASC 842, totalling roughly $16.5 billion, against AI Cloud revenue of $70.5 million actually recognised in the last fiscal quarter, which annualises to about $282

Overview Margins are already improving, just not on the gross margin line. Second-quarter non-GAAP gross margin fell 3.2 percentage points year over year to 73.1%, while non-GAAP operating margin fell only 0.29 points to 13.81%, meaning 2.91 of those 3.2 points were absorbed below the gross line. That is precisely Cloudflare management's argument: AI requests carry lower gross margin but also lower acquisition cost, and upsells such as sandboxes and AI gateways offset the difference at the opera

The U.S. Bureau of Labor Statistics will release the October 2026 jobs report on Friday, November 6, at 8:30 a.m. ET. Economists polled by Reuters expect nonfarm payrolls to rise by 65,000, after a much weaker-than-expected gain of 29,000 in September.The report is one of the last major labor-market readings before the Federal Reserve's December 8–9 meeting. This preview covers the forecasts, what September showed, and how stocks and MEXC index futures moved on recent jobs report days.October Jo

AppLovin reported third-quarter 2026 revenue of $2.19 billion on November 4, up 55% from a year earlier. Net income rose 72% to $1.44 billion, and diluted EPS of $4.30 came in above the $4.03 analyst estimate. AppLovin guided fourth-quarter revenue to $2.365 billion–$2.395 billion.APP closed the regular session at $271.75, up 10.7% on the day, and ended the extended session at $333.80 (+22.8%). The APPSTOCK_USDT futures on MEXC kept trading after 8:00 p.m. ET and were at 325.34 USDT at 11:00

Qualcomm reported fiscal fourth-quarter 2026 revenue of $10.32 billion on November 4, down 8% from a year earlier. Handset chip revenue fell 26% to $5.14 billion, while automotive revenue rose 89% to a record $1.99 billion. Non-GAAP EPS was $2.17, one cent above the $2.16 estimate.QCOM closed the regular session at $173.19, up 5.3%, then fell 7.4% after hours to $160.37 by 8:00 p.m. ET. The QCOMSTOCK_USDT futures on MEXC kept trading after the extended session and were at 157.41 USDT at 11:00 p.

AI data center stocks fell sharply on November 4, the day after the U.S. midterm elections, even as the broader market rallied. Modine (MOD) dropped 21.4%, Hut 8 (HUT) 23.2%, Vertiv (VRT) 12.9% and Nvidia (NVDA) 3.2%.The trigger was the Texas governor race. Democrat Gina Hinojosa defeated Gov. Greg Abbott, according to the Associated Press race call reported by NPR. During the campaign, Hinojosa called for a pause on new data center approvals in Texas.On MEXC, stock futures on Hut 8 and Vertiv h

Overview The substantive consequence of this result lies not in which party holds the Senate majority but in the fact that the CLARITY Act needs 60 votes to advance, a threshold requiring cross-party votes whichever party is in the majority. The Associated Press has called the Ohio Senate race, and The Block reported that former Democratic Senator Sherrod Brown defeated incumbent Republican Senator Jon Husted on November 3 in a special general election for the unexpired term of the state's Class

Overview Across the five major centralized exchanges offering stock perpetual futures, MEXC ranks first in 0.01% (1 basis point) near-touch cumulative median order book depth at $0.52 million ($520,000), delivers the sample's lowest median and P90 (90th percentile) slippage on simulated $100,000 sell orders across three of the five common equity pairs tested (SPCX at 0.0112% median / 0.0230% P90, SOXL at 0.0130% / 0.0278%, and SKHYNIX at 0.0170% / 0.0241%), lists 310 equity perpetuals, and stand

Overview The excess reserve buffer is reserve assets minus liabilities, measuring how much issuer equity sits ahead of token holders' claims. It is neither profit nor the reserve total. In Tether's third-quarter figures published on October 30, those four numbers were reserve assets of $191.451 billion, liabilities of $183.496 billion including $183.470 billion of issued tokens, excess reserves of $7.955 billion, and net operating profit of $1.5 billion for the quarter. The buffer equals 4.33% o