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Ahead of Tesla's annual shareholders meeting, Norway's sovereign wealth fund, with assets totaling 1.9 trillion, has publicly opposed Elon Musk's 100 million compensation package. Musk previously threatened to resign if the proposal was not approved.
Multiple negative factors are weighing on the market! Trading sentiment in the cryptocurrency market remains sluggish, and experts had previously warned of a potential 10%-15% correction risk.
The AI stock rally has been targeted by "the Big Short" investor! Scion Asset Management, led by Michael Burry, has made a major shift in its 13F holdings, taking short positions against Nvidia and Palantir. Not long ago, he broke his long silence to warn about a market bubble.
Key metrics (from 4:00 PM Hong Kong time on October 27 to 4:00 PM Hong Kong time on November 3): BTC/USD fell by 7.3%...
The market is not performing well; I wish you peace and safety.
- 16:06Jupiter community vote passes to burn 130 million JUP from the "Litterbox," accounting for about 4% of the circulating supply.Jinse Finance reported that the Jupiter community has passed the "Burning the Litterbox" governance proposal with an 86% approval rate, authorizing the destruction of approximately 130 million JUP tokens (about 4% of the circulating supply) currently held in the "Litterbox Trust."
- 16:06SOL treasury company Forward Industries announces $1 billion stock buyback planJinse Finance reported that Forward Industries (a certain exchange) announced the submission of a resale prospectus supplement to the U.S. Securities and Exchange Commission and authorized a new $1 billion stock repurchase program. The company's board of directors authorized the stock repurchase program on November 3, allowing the company to repurchase up to $1 billion of outstanding shares, with the authorization valid until September 30, 2027. Repurchases may be conducted through open market purchases, block trades, and privately negotiated transactions. The resale prospectus supplement registered a portion of the common stock previously issued in a private placement in September 2025, allowing designated shareholders to resell these securities, but the company will not receive any proceeds from any potential resale.
- 16:06The government of Tenerife plans to sell the 97 bitcoins it purchased in 2012.Jinse Finance reported that the government of Tenerife is in negotiations to sell 97 bitcoin. These bitcoins were purchased by the island's Institute of Technology and Renewable Energies (ITER) in 2012 for only 10,000 euros, and the current expected sale price is 10 million US dollars.