1. After Trump won the U.S. presidential election, the sentiment in the crypto market surged, with several tokens, including Aave and Uniswap, seeing their prices skyrocket.
2. Tether issued $2 billion worth of USDT on Ethereum and destroyed $1 billion USDT on the TRX chain.
Tether minted $2 billion worth of USDT on Ethereum and transferred $500 million USDT to Binance in the past 30 minutes. Previously, Tether announced that it would coordinate with multiple exchanges to transfer over 2 billion USDT from cold wallets to Ethereum, during which the total amount of USDT would not change. -Original
3. The Republican Party's majority in the Senate may indicate greater congressional support for cryptocurrencies.
The Republican Party gained control after securing key Senate seats in Ohio and West Virginia, achieving a majority in the U.S. Senate, which brings a bright outlook for cryptocurrency regulation, as the Republican-led Senate is prepared to introduce clearer cryptocurrency regulations, indicating a shift in U.S. policy favorable to the industry. -Original
4. Standard Chartered predicts Bitcoin will reach $125,000 by the end of the year after Trump takes office, potentially overturning some SEC restrictions.
Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated in a briefing on Wednesday that after Trump's victory, Bitcoin's price will reach $125,000 by the end of this year and $200,000 by the end of 2025. This prediction aligns with estimates from Bernstein analysts earlier this month. Standard Chartered made a similar prediction in October. Kendrick believes that many of Trump's pro-crypto commitments, such as firing SEC Chairman Gary Gensler, establishing a national strategic Bitcoin reserve, and reshaping the U.S. into a "Bitcoin superpower," will drive Bitcoin's rise. Kendrick noted that from Bitcoin options trading, Standard Chartered found that many investors are interested in a price around $80,000, indicating that this cryptocurrency will reach that level "in the next week or two." Regarding regulation, Kendrick expects Trump to overturn Biden's veto of SAB 121, a controversial SEC accounting guideline that critics say has prevented investment banks from offering cryptocurrency custody services on a large scale. Kendrick believes this goal will be achieved soon after Trump takes office on January 20, and that it will encourage more institutions to adopt cryptocurrencies. -Original
5. Coinbase CEO Brian Armstrong expresses optimism about Trump's election, stating that the crypto industry will continue to grow in the U.S.
Coinbase CEO Brian Armstrong reflected on the U.S. elections on November 5, where pro-crypto politician Donald Trump was elected president, and Senator Bernie Moreno was elected as Ohio's senator. "We will see this industry established in the U.S.," Armstrong said in a post on X on Wednesday. He added that the pro-crypto super PAC Fairshake has raised $78 million so far for the 2026 U.S. midterm elections. -Original
6. The Avalanche Foundation repurchased $52 million worth of AVAX tokens, ending its relationship with the Luna Foundation Guard.
A bankruptcy court allowed the Avalanche Foundation to repurchase over $52 million worth of AVAX tokens that it sold to the now-defunct Luna Foundation Guard in early 2022. This move marks the end of Avalanche's relationship with the doomed algorithmic stablecoin project. -Original
7. The Federal Reserve's decision is postponed by one day due to the U.S. elections and will be announced on November 8.
Due to the U.S. elections and daylight saving time, the Federal Reserve will announce its interest rate decision at 03:00 Singapore time on November 8 (Friday). As usual, the Federal Reserve holds its meetings on Tuesday and Wednesday and announces the results on Thursday morning Singapore time, but this time it coincides with the U.S. election voting, hence the one-day delay in the meeting. -Original
8. Federal Reserve spokesperson Nick Timiraos states that if the Republicans control both houses of Congress, the Fed may revise its policy assumptions in December.
"Federal Reserve spokesperson" Nick Timiraos wrote that Fed officials are now faced with the question of whether the election results will lead to meaningful changes in economic demand or inflation, necessitating a different policy path. Timiraos stated that officials would not change their policy stance until they understand President-elect Trump's reform proposals on taxes, tariffs, and immigration. However, if the Republicans also win control of both houses of Congress, they may begin to revise some fundamental assumptions at the December meeting. -Original
9. Investment banks like Goldman Sachs and JPMorgan are eyeing IPO opportunities for crypto companies due to improved market conditions after Trump's victory.
According to industry insiders, investment bankers from top Wall Street firms like JPMorgan, Goldman Sachs, and Morgan Stanley have been meeting with crypto executives to explore potentially lucrative IPO opportunities for crypto companies following the election. The new enthusiasm reflects optimism about improved market and regulatory conditions after Donald Trump's victory in the U.S. presidential election, which could pave the way for companies like Kraken, Fireblocks, and Chainalysis to go public. Advisors noted that bankers' interest in these meetings is different from much of the past two years when many investment banks considered the risks of crypto companies too high for business. -Original
10. 1inch appoints Hedi Navazan as the new Chief Compliance Officer to enhance its ability to respond to the rapidly changing regulatory environment.
1inch announced the appointment of Hedi Navazan as the new Chief Compliance Officer of 1inch Group. In this new role, Hedi will be responsible for managing a joint legal, security, and compliance team to address the rapidly changing regulatory environment. Hedi has extensive experience in traditional finance and banking, having worked at global institutions like HSBC, managing financial crime and regulatory teams across Europe. She also served as the Vice Chair of the Digital Assets Working Group of the Global Coalition to Fight Financial Crime established by the World Economic Forum. -Original
11. Mike Novogratz expects Trump's victory could bring "hundreds of billions" in growth potential to the crypto ecosystem.
According to Bitcoin Magazine, Galaxy CEO Mike Novogratz stated in an interview with CNBC that he sees a "significant shift in energy" in the crypto industry following Trump's victory, which could bring "hundreds of billions" in growth potential to the crypto ecosystem. -Original
12. JPMorgan CEO Jamie Dimon has no plans to serve in the Trump administration and will remain at the bank.
According to market news, JPMorgan CEO Jamie Dimon has no plans to take a position in the Trump administration and will continue to stay at the bank. -Original
13. The Federal Reserve FOMC meeting is scheduled to begin on Wednesday morning, with financial markets paying close attention.
The Federal Reserve stated that the FOMC meeting will begin as scheduled at 10:00 AM local time on Wednesday (11:00 PM Beijing time). -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com)
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
