Core Viewpoint - Sonnet BioTherapeutics Holdings, Inc. has adjourned its special meeting of stockholders to allow additional time for stockholders to vote on the proposed business combination with Hyperliquid Strategies Inc and Rorschach I LLC, with over 95% of the votes cast in favor of the proposal [1][2][3] Company Overview - Sonnet BioTherapeutics Holdings, Inc. is an oncology-focused biotechnology company that utilizes a proprietary platform known as FHAB (Fully Human Albumin Binding) for developing biologic drugs aimed at targeting tumor and lymphatic tissues [6] Business Combination Details - The adjourned special meeting will take place on December 2, 2025, at 9:00 a.m. Eastern Time, with the record date set for October 20, 2025 [4] - The Board of Directors unanimously recommends that stockholders vote in favor of all proposals on the agenda [4] Shareholder Engagement - The company aims to solicit additional votes to meet the required threshold for transaction approval, which necessitates a majority of all outstanding shares [2][3]

Core Insights - The Nasdaq Composite index decreased by 0.84% on November 17, 2025, primarily due to pressure on major technology stocks, including a 2% decline in NVIDIA's shares, which is set to report earnings on November 19, 2025 [1][3] Group 1: Market Trends and Stock Performance - Concerns regarding a potential bubble in AI stocks have been affecting market momentum for an extended period [2] - Alphabet's shares increased by approximately 3% on November 17, 2025, following news of Berkshire Hathaway acquiring a stake in the company [2] - NVIDIA's CEO announced a substantial order book of "half a trillion dollars" for 2025 and 2026, leading to heightened expectations for long-term growth, although analysts caution that any signs of demand cooling could negatively impact the stock and the tech sector [3] Group 2: Earnings Expectations - NVIDIA currently holds a Zacks Rank of 2 (Buy) and has an Earnings ESP of +3.17%, indicating a positive outlook for its near-term earnings potential [4] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive earnings surprise [5] Group 3: Economic Outlook and Interest Rates - Some strategists believe a year-end rally in AI stocks is still possible despite recent tech sell-offs driven by valuation concerns and heavy capital expenditures [6] - HSBC's Max Kettner expressed that the likelihood of a year-end equity rally outweighs fears of an AI bubble burst [7] - Mixed signals from Federal Reserve officials regarding a potential December rate cut suggest that a focus on a weakening labor market could lead to a rate cut, which would benefit growth sectors like technology [8][9] Group 4: Technology ETFs - Several undervalued high-momentum technology ETFs are highlighted, including: - Invesco QQQ Trust (QQQ) with a P/E of 34.04X, which has seen a 2.7% loss over the past week and a 1.3% loss over the past month [10] - Invesco Next Gen Connectivity ETF (KNCT) with a P/E of 24.04X, showing a one-month price gain of 3.7% and a one-week gain of 1.1% [10] - First Trust Indxx Innovative Transaction & Process ETF (LEGR) with a P/E of 15.44X, reporting a one-month price gain of 2.0% and a one-week gain of 0.6% [11] - iShares Future Exponential Technologies ETF (XT) with a P/E of 32.64X, reflecting a one-month price gain of 1.9% and a one-week gain of 0.3% [12]

RT Peter Smith (@OneMorePeter)Today marks a pivotal step for @blockchain. I’m thrilled to announce @Kasselman as Co-CEO. I will continue to serve as CEO and will be stepping into Executive Chairman of our Board. Lane has been with the company as an advisor and executive for a decade and a top partner to me. ...

Cryptocurrency Investment and Trading Platforms - Recommends various cryptocurrency exchanges for different regions, including Pionex, OKX, Binance, Hoya Bit, Crypto.com, and Kraken [1] - Provides specific registration links for each exchange based on geographic location, such as Taiwan, China, Hong Kong, Macau, USA, Singapore, Malaysia, Canada, Australia, Japan, Korea, Vietnam, Thailand, Europe, Latin America, and the Middle East [1] - Highlights regional restrictions on certain exchange features, such as OKX's derivatives and C2C trading limitations in the UK, Singapore, Australia, Korea, and Brazil, and Binance's operational restrictions in the Netherlands [1] Market Analysis and Future Trends - Suggests potential for a significant Bitcoin downturn in 2025 [1] - Highlights the transformative impact of AI, suggesting it will evolve from a tool to a "colleague," revolutionizing industries and requiring new skills [2] - Emphasizes the accelerating convergence of technologies like AI, chips, biomedicine, energy, robotics, and quantum computing, predicting a rare "collective acceleration" that will reshape global industries, jobs, and lifestyles [1] - Points out key technologies for the future, including AI-specific chips, advanced 6G connectivity, cloud and edge computing, immersive technologies, digital trust, and cybersecurity [2] - Notes the potential impact of quantum technology on crypto assets [2] - Highlights the growing investment scale in energy and sustainable technologies [2] AI and Technology - Discusses the increasing speed of AI adoption [2] - Mentions the potential for AI to significantly alter transportation methods [2] - Explores the possibility of AI accelerating bioengineering and extending human lifespans [2] - Touches on the蓬勃 development of space technology [2]

Through Mastercard Crypto Credential, users can onboard once, receive a verified username, link their wallet, and get assets instantly. Without ever copying a hex string again.Mercuryo will onboard verified users and issue credentials, while Polygon provides the blockchain rails. ...

GM everyone ☀️ have a great dayDon't stop Quacking on @wallchain stay consistent https://t.co/ihHJYsBijD ...

🚨 New Video: The blockchain for Wall Street?! ⬇️https://t.co/hTUSqfojyQ@CantonNetwork changes how financial firms use on-chain systems — from privacy to synchronized settlement. Full breakdown inside... https://t.co/kLYbtUL8Rs ...

Core Insights - 21shares has launched the 21shares Canton Network ETP (CANTN), providing investors with exposure to the Canton Coin, the native token of the Canton Network, which is supported by major financial institutions like J.P. Morgan and Goldman Sachs [1][4][5] - The Canton Network is designed as a privacy-enabled, interoperable blockchain for institutional finance, facilitating secure connections between previously siloed financial systems [2][8] - The launch of the Canton Network ETP aligns with 21shares' mission to make blockchain innovation accessible to investors through regulated products [3][5] Company Overview - 21shares is one of the largest issuers of crypto exchange-traded products (ETPs) globally, with over 50 ETPs listed in Europe and approximately $10 billion in assets under management [5][6] - The company aims to bridge traditional finance and decentralized finance, having launched the world's first physically-backed crypto ETP in 2018 [7] - 21shares is a subsidiary of FalconX, a leading digital asset prime broker [8] Industry Context - The Canton Network represents a significant effort to integrate traditional finance with blockchain technology, enhancing financial interoperability [4][5] - The network allows institutions to synchronize financial transactions across various platforms while ensuring compliance and privacy [2][5] - The introduction of the Canton Network ETP is expected to accelerate institutional adoption of blockchain technology in financial markets [5][8]

Group 1: Applied Therapeutics, Inc. (APLT) - The stock price of Applied Therapeutics rose to $0.35 due to developments in products targeting cardiovascular disease and diabetic complications [1] - The company faces uncertainties regarding FDA approval for its lead drug, which may lead to a decline in stock price [1] - Trading volume surged to over 20 million, significantly higher than the average of 4.88 million [1][5] Group 2: Alpha Technology Group Limited (ATGL) - Alpha Technology Group's stock price increased to $16.98, driven by its focus on cloud-based IT services and AI-powered solutions [2] - A strategic partnership with AB DAO aims to enhance AI and blockchain technology in supply chain management and IoT, boosting investor confidence [2] Group 3: WeShop Holdings Limited (WSHP) - WeShop's stock price rose to $48 following its debut on the Nasdaq Capital Market [3] - The company integrates social interactions with shopping, enhancing product discovery and retailer growth [3] - WeShop plans to launch its app in the U.S., partnering with retailers and offering users ownership in the company [3] Group 4: Market Trends - The movements in stock prices reflect diverse sectors, with companies under close scrutiny by investors and analysts for growth opportunities and market impacts [4][5]

Market Sentiment and Cycle Analysis - Current market sentiment is brutal, with many questioning the four-year cycle for Bitcoin [1][23] - Some analysts suggest the top of the cycle was in late 2025, indicating a bear market is beginning [3] - Counter-narrative suggests the current situation is more like 2019 than 2022, implying a potential bounce [7] - History shows major tops have occurred in the fourth quarter of post-election years [4][5] Bitcoin Price and Whale Activity - Bitcoin's price is sinking, potentially breaking below $90,000 [1] - Polyarket odds show an increasing 28% chance of Bitcoin crashing below $80,000 this year [1] - OG whales (10+ year Bitcoin holders) are reportedly dragging the dip by selling [2] - Coinbase's head of institutional strategy suggests Bitcoin could fall to $60,000 [10] Ethereum Analysis and Tokenization - Some analysts believe Ethereum is bottoming this week [6][21] - Ethereum's long-term average price ratio to Bitcoin suggests it could reach around $12,000 [26] - BlackRock and Wall Street are interested in tokenizing assets on the Ethereum blockchain [22] Macroeconomic Factors and Institutional Involvement - Unlike 2022, current conditions include a pro-crypto US president, pro-crypto SEC, and ETF involvement [9] - Inflation is at 3%, and interest rates are expected to come down [9] - Harvard endowment announced they hold more Bitcoin than gold [12] - Czech National Bank announced a central bank Bitcoin purchase [16] Volatility and Investment Strategies - Bitcoin is becoming less volatile mathematically due to a wider and deeper market [11] - Systematically investing in Bitcoin over a 5-year period has yielded extraordinary returns [14] - Solana is down 25% year-on-year and 41% [14]