Group 1 - Cryptocurrency concept stocks have risen significantly, with Huajian Medical (01931) up 13.59% to HKD 7.69, Blueport Interactive (08267) up 8.89% to HKD 0.49, OK Blockchain (01499) up 8.7% to HKD 0.25, Yunfeng Financial (00376) up 8.7% to HKD 4.25, and Boya Interactive (00434) up 4.13% to HKD 5.04 [1] - On November 10, the cryptocurrency market experienced a surge, with Bitcoin returning to the USD 106,000 mark, increasing over 4% within 24 hours, and Ethereum rising above USD 3,600, gaining over 6% in the same timeframe [1] - Reports indicate that the U.S. Senate has reached an agreement to end the federal government shutdown, which has lasted for 40 days, as President Trump expressed optimism about nearing an end to the shutdown [1]

Group 1 - Cryptocurrency concept stocks have risen significantly, with notable increases in shares such as Huajian Medical (up 13.59% to HKD 7.69), Blueport Interactive (up 8.89% to HKD 0.49), and OK Blockchain (up 8.7% to HKD 0.25) [1] - The cryptocurrency market experienced a substantial surge on November 10, with Bitcoin returning to the USD 106,000 mark, increasing over 4% within 24 hours, while Ethereum rose above USD 3,600, gaining over 6% in the same timeframe [1] - The U.S. Senate has reached an agreement to end the federal government shutdown, which has been ongoing for 40 days, as indicated by President Trump, suggesting a resolution is near [1]

Core Viewpoint - Boyaa Interactive (00434) experienced a significant stock price increase of over 5%, with a current price of 5.1 HKD and a trading volume of 249,900 HKD. The company anticipates a year-on-year profit increase of approximately 105% to 115% for the first nine months of 2025, primarily due to the growth in the fair value of digital assets compared to the same period in 2024 [1][1][1]. Financial Performance - The expected profit attributable to the company's owners for the first nine months of 2025 is projected to increase by about 105% to 115% year-on-year, driven by the rise in the fair value of digital assets [1]. - Excluding the impact of fair value changes in financial assets such as digital assets and equity investment partnerships, the profit is expected to decrease by approximately 30% to 35% year-on-year. This decline is attributed to reduced bank deposit interest income due to cryptocurrency purchases and an increase in expected income tax expenses [1][1]. Market Context - On November 10, the cryptocurrency market saw a significant surge, with Bitcoin surpassing 106,000 USD. This market movement may positively influence the performance of companies involved in digital assets [1]. - Additionally, U.S. Senate Majority Leader John Thune indicated that a potential agreement to end the government "shutdown" is gradually being reached, although he cautioned that this does not guarantee a resolution and that senators need time to review the proposal [1].

Market Overview - The upcoming Double Eleven shopping festival is generating speculation about potential discounts and market movements, with many investors expressing regret over missed opportunities [1] - In the past 24 hours, a total of 127,943 individuals experienced liquidation, amounting to $355 million, with long positions liquidated at $97 million and short positions at $258 million [1] Cryptocurrency Trends - Bitcoin is currently in a clear upward trend, maintaining a stable price above key moving averages, with a bullish alignment in the moving average system and a successful breakout of key resistance levels on the daily chart [2] - Ethereum has shown strong leadership in the market over the past two days, positively influencing overall market sentiment, with a focus on the support level around $3,490 [4] Trading Strategies - Key support for Bitcoin is identified at $103,200, with a recommendation to enter positions targeting $105,500, $106,500, and $107,800 [5] - For Ethereum, maintaining a position above $3,490 is crucial for sustaining the short-term bullish trend, with caution advised for short positions until a potential resistance level of $3,680 is reached [4][10] Market Sentiment - The narrative around public chains has shifted, with a belief that only a few chains like $ETH, $SOL, and $BNB will remain relevant, while others may face decline [6] - The previous bull market was characterized by strong retail investor confidence, which is now diminished, impacting market dynamics [7] Upcoming Events - Notable upcoming events include the launch of Chainlink rewards on November 11, the anticipated Injective upgrade, and rumors of a spot XRP ETF launch next week [12][13]

Core Viewpoint - Boyaa Interactive (0434.HK) has announced a positive earnings forecast, expecting a significant increase in profit for the first three quarters of the year, primarily driven by the growth in the fair value of digital assets [1] Financial Performance - The company anticipates a year-on-year increase in net profit of 105% to 115% for the nine months ending September [1] - Excluding non-operating one-time factors such as changes in the fair value of financial assets, the expected net profit is projected to decrease by approximately 30% to 35% [1] Factors Influencing Profit - The increase in profit is mainly attributed to the rise in the fair value of digital assets [1] - The decrease in net profit, when excluding one-time factors, is linked to the reduction in bank deposits due to cryptocurrency purchases, which has led to lower interest income and increased tax expenses [1]

Core Viewpoint - The Hong Kong stock market has seen a collective rise in cryptocurrency spot ETFs, with significant gains in various funds, particularly in Ethereum and Bitcoin-related ETFs [1][2]. Group 1: Market Performance - Bosera Ethereum ETF increased by 7.92%, reaching a latest price of $2.754 and a total market capitalization of $240 million, with a year-to-date gain of 7.33% [2]. - Huaxia Ethereum ETF rose by 7.80%, with a latest price of $8.570 and a total market capitalization of $569 million, showing a year-to-date increase of 6.99% [2]. - Huaxia Bitcoin ETF experienced a 3.87% increase, priced at $12.880 and a total market capitalization of $1.887 billion, with a year-to-date gain of 13.28% [2]. - Harvest Bitcoin ETF saw a 3.20% rise, priced at $12.900 and a total market capitalization of $239 million, with a year-to-date increase of 12.57% [2]. Group 2: Cryptocurrency Price Movement - Ethereum's price has surpassed $3,600, indicating a bullish trend in the cryptocurrency market [1].

Core Viewpoint - Boyaa Interactive (00434) shares opened over 5% higher, currently up 5.37% at HKD 5.1, with a trading volume of HKD 249,900 [1] Financial Performance - The company expects a year-on-year profit increase of approximately 105% to 115% for the first nine months of 2025, primarily due to an increase in the fair value of digital assets compared to the same period in 2024 [1] - Excluding the impact of fair value changes in financial assets such as digital assets and equity investment partnerships, the expected profit for the same period is projected to decrease by about 30% to 35%, attributed to reduced bank deposit interest income from cryptocurrency purchases and increased expected income tax expenses [1] Market Context - On November 10, the cryptocurrency market experienced a significant surge, with Bitcoin surpassing USD 106,000 [1] - U.S. Senate Majority Leader John Thune indicated that a potential agreement to end the government "shutdown" is gradually being reached, although he noted that this agreement is not guaranteed and will require time for senators to review the proposal [1]

近日加密货币波动加大，11月9日凌晨比特币冲高后直线跳水下跌，晚间盘中又拉升转为上涨。 截至发稿，比特币重上102600美元上方；以太坊涨超1%；狗狗币则跌逾1%。最近24小时，全球共有超13万人爆仓。 消息面上，当地时间8日，美国联邦政府"停摆"进入第39天。这场美国历史上持续时间最长的政府"停摆"正在全国范围内引发连 锁反应，让数千万美国民众陷入困境，并引发对经济衰退的进一步担忧。 而据最新消息，因美国政府持续"停摆"，原定于下周公布的美国10月CPI报告很可能将"缺席"。这将使得美联储在12月议息会议 前缺乏最直接的通胀和消费指引。 据央视新闻报道，美国国会参议院原定从8日开始为期约一周的退伍军人节休会周，不过8日当天参议院没有休会。两党议员继续 尝试推进结束政府"停摆"状态的谈判，但进展有限。 与此同时，美联储未来的降息路径又生变数。11月9日，据追风交易台，美国银行发布了一项在华尔街上最为激进的预测：联邦 公开市场委员会（FOMC）将不会在鲍威尔任期内再次下调利率。这与市场普遍预期的12月降息路径形成鲜明对比。 ...

Core Viewpoint - The article discusses the paradox of Bitcoin's decentralized nature versus the reality of regulatory control, particularly highlighting the contrasting approaches of the United States and China towards cryptocurrency regulation and asset seizure [3][10][12]. Group 1: U.S. Approach to Cryptocurrency - The U.S. has become a major holder of Bitcoin through law enforcement actions, with over 200,000 Bitcoins seized, amounting to hundreds of billions of dollars [5][10]. - Regulatory bodies in the U.S. are seen as the largest "whales" in the Bitcoin market, with the ability to influence prices through asset seizures and auctions [6][10]. - Trump's recent support for cryptocurrency is viewed as a strategy to attract votes and funding from the crypto community, while the Federal Reserve maintains a skeptical stance, labeling Bitcoin as a speculative asset rather than a currency [15][16]. Group 2: China's Stance on Cryptocurrency - China has taken a firm stance against cryptocurrency, viewing it as a tool for wealth transfer under the guise of technological freedom, and has implemented strict regulations since 2017 [18][20]. - The country has seized significant amounts of cryptocurrency, including 194,000 Bitcoins and over 830,000 Ethereum, and has directed these assets to the national treasury [8][10]. - China's approach aims to prevent domestic wealth from being siphoned off by speculative activities in the crypto market, contrasting with the U.S. strategy of converting seized assets into state-controlled financial tools [12][13].

每经AI快讯，11月9日，以太坊向上触及3500美元/枚，日内涨近3%。 ...