According to online reports, U.S. Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chairman of the U.S. Securities and Exchange Commission (SEC). He pointed out that after current Chairman Gary Gensler steps down on January 20, 2025, the Republican Party will take over the SEC and Peirce is expected to succeed him.

Internet reports that the price of Bitcoin has recently approached US$100,000 per coin, because President-elect Trump's pro-cryptocurrency remarks have pushed up the crypto-related market. Metahide CEO said: "The only place (Bitcoin) can go is up here. We can definitely reach $100,000 this year. We could exceed $250,000 next year, and by the end of 2027,$500,000 could be fully achievable." He said if Trump introduced a cryptocurrency institution during his second term, it would help legalize Bitcoin as an asset and add "more stability." He added: "As more people enter, the market will stabilize and over time it will become more and more like a mature market."

A spokesperson for Tether said: "Tether's relationship with Cantor Fitzgerald is entirely a business relationship based on managed reserves. It is nonsense to claim that Howard Lutnick's joining the transition team somehow means he has an impact on regulatory action." Lutnick said on Wednesday that he would resign from Cantor, BGC and Newmark after Senate approval, saying in a statement: "I intend to divest my interests in these companies to comply with U.S. government ethics and do not expect any arrangements involving the sale of shares on the open market." Howard Lutnick, CEO and majority shareholder of Cantor Fitzgerald, who served as co-chairman of President-elect Trump's transition team, was recently nominated as Commerce Secretary. Earlier today, WSJ reported that Tether Chief Financial Officer Giancarlo Devasini privately stated earlier this year that Howard Lutnick would use his political influence to try to resolve the threat to Tether.

According to online reports, data shows that the nominal value of open positions in BTC options across the network today is US$43.15 billion; the nominal value of open positions in ETH options is US$8.19 billion.

Online reported that Elon Musk posted on X: "The traditional media propaganda machine that continues to spread false news during the Biden and Harris campaign still exists and is still promoting it."

According to online reports, according to CoinGecko data, the total market value of encryption has exceeded US$3.5 trillion and continues to hit a record high, now reporting US$3.51 trillion, of which Bitcoin has a market share of 55.4%, and Ethereum has a market share of 11.7%.

According to online reports, Musk forwarded a Mars immigration video released by Mario Nawfal, founder and CEO of Dubai venture capital firm IBC Group, on his social platform, saying it was support from the creator of "meme" OG. In the video, well-known scholar Richard Dawkins praised Musk's plan to colonize Mars as "practical and a great challenge."

According to online reports, Jupiter posted on X saying that the first Jupiter vote will open on November 25 and will seek a 70% approval rating. If the requirements are not met, the team will quickly iterate through new votes until the required approval milestone is reached. Jupiter added that this was one of the most important votes in its history and one of the most interesting votes in the history of the DAO.

Internet reports that Ripple's chief legal officer Stuart Alderoty posted on X this week, sharing his advice with the incoming US SEC leadership. Alderoty expressed confidence in the transition team's ability to effectively address cryptocurrency regulatory issues and urged multiple actions. He wrote: "I believe that the transition team will consider these basic conditions of cryptocurrency and make the right decision." Alderoty recommended immediately ending cryptocurrency lawsuits that are not related to fraud and promoting cooperation by ensuring that SEC Commissioners Mark Uyeda and Hester Peirce remain in office. He emphasized the need to work with Congress and financial regulators to develop clear and straightforward cryptocurrency rules, rather than acquiescing to the SEC's jurisdiction. In addition, he called for abandoning Hinman's 2018 speech and the 2019 digital asset analysis framework, improving transparency in the Freedom of Information Act (FOIA) process, and taking steps to restore public trust and accountability through the Office of the Inspector General to address past SEC issues.

According to online reports, according to online analyst online analyst@ai_9684xtpa monitoring, the giant whale 5E2d6... BpkPq is opening a large position in JTO worth US$11.46 million. This address submitted 3.22 million JTOs from Binance 12 hours ago, with an average price of US$3.66. It has now become the first asset in its position value. JTO is a project token for Jito Network, the MEV infrastructure of Solana Networks. The Dune data panel shows that Jito MEV's single-day revenue reached 6900 SOL (US$1.45 million) on November 11; and the explosive growth of Solana Ecosystem this year has also caused JTO's currency price to rise by 119% in the past year.

Internet reports that financial services company Cantor Fitzgerald agreed to acquire a 5% stake in stablecoin issuer Tether in 2023. In a November 24 report, WSJ quoted information from informed business partners that the shares were worth US$600 million when the agreement was reached. That could mean Tether will gain more political support because Howard Lutnick, CEO of Cantor Fitzgerald, was appointed as U.S. President-elect Trump's Commerce Secretary on November 19.

Online reports that CNBC's "Mad Money" host Jim Cramer shared his thoughts on Bitcoin and MicroStrategy Shares (MSTR) this week. A caller during the show told Cramer: "I have owned this stock since 2023 and is currently up more than 1,000%. I'm not going to sell it. In fact, after recent adjustments, I plan to buy more." Cramer commented on this: "I have to tell you, this is a Bitcoin game. I prefer actually owning Bitcoin." He also mentioned that Citron has recently carried out some kind of short operation on it, and suggested: "I can only tell you that you own Bitcoin. This is the winner."

Internet reports that users of BBVA, Spain's second-largest bank, reported that ChatGPT has significantly improved productivity within the bank and triggered an "explosion of creativity." However, they still have questions about ChatGPT's scalability and integration capabilities. Initial users reported that productivity across bank departments has indeed improved, with 80% of users saying ChatGPT Enterprise can help them save more than two hours of work time per week. However, ChatGPT Enterprise still has problems in expanding the application of tools. Elena Alfaro, global head of artificial intelligence applications at BBVA, pointed out that integrating ChatGPT into banks 'complex internal systems and databases may face difficulties.

According to online reports, data shows that the current balance of Coinbase Pro Bitcoin Wallet is 803,204.74, ranking first among CEX; 56.75 coins have flowed out in the past 24 hours, 3,322.95 coins have flowed out in the past 7 days, and 21,006.54 coins have flowed out in the past 30 days. The balance of Binan Bitcoin Wallet is 583,503.03 pieces, with 1,287.31 pieces flowing in the past 24 hours, 20,707.53 pieces flowing out in the past 7 days, and 21,543.15 pieces flowing out in the past 30 days. The balance of Bitfinex's Bitcoin wallet is 373,174.51 coins, with 550.51 coins flowing out in the past 24 hours, 6,919.99 coins flowing out in the past 7 days, and 21,473.21 coins flowing out in the past 30 days.

According to online reports, OpenAI founder Sam Altman's World project (formerly known as Worldcoin) posted on X that it has more than 17 million users worldwide.

7:00-12:00 Keywords: stablecoins, LinkedIn, Musk, Michael Saylor 1. The total market value of stablecoins exceeded US$190 billion, setting a record high; 2. Arthur Hayes: Bitcoin will reach US$250,000 by the end of 2025; 3. State Street Bank warns that the Bitcoin boom may distract gold investors; 4. LinkedIn Joint Venture warns Musk that he is involved in AI policies or conflicts of interest; 5. Musk confirms that X is preparing to launch a remittance function in his X Payments service; 6. Wall Street bond trading giant Cantor will receive approximately 5% ownership interest in Tether; 7. The author of "Rich Dad Poor Dad" strongly supports Michael Saylor's BTC strategy.

According to online reports, the market shows that tokens for chain games and metaverse projects have generally increased. Among them, SAND has increased by 36.2% in the past 24 hours and is now quoted at US$0.5165; MANA has increased by 27.2% in the past 24 hours and is now quoted at US$0.5897; GALA has increased by 23% in the past 24 hours and is now quoted at US$0.03743. The market fluctuates greatly, please do a good job in risk control.

According to online reports, CryptoQuant CEO Ki Young Ju said in a post on X: "The Bitcoin market does not seem to have reached the level of a bubble. Compared with the cumulative on-chain capital inflows, the market value has not increased significantly. Based on the current realized market value, BTC may rise to US$141,000. The realized market value is growing steadily every day. The realized market value measures the total capital flowing into the Bitcoin market. This is calculated by adding the value of all bitcoins to the price they last moved on the chain. Historically, market values in bull markets have often exceeded realized market values, peaking as retail investors join in. In a bear market, market values usually fall below realized market values."

Internet reports that Nate Geraci, President of The ETF Store, shared WSJ's report on Tether with X: "Tether Chief Financial Officer Giancarlo Devasini privately stated earlier this year that Howard Lutnick would use his political influence to try to defuse the threat to Tether. Lutnick owns a majority stake in Cantor, which holds most of Tether's $134 billion in assets. Cantor obviously also owns a 5% stake in Tether." Previously, Wall Street bond trading giant Cantor will receive approximately 5% ownership interest in Tether.

According to online reports, Bitwise CEO Hunter Horsley said in a post on X: "Aave's continued growth is impressive. Its deposits have now reached US$30 billion, exceeding the deposits of thousands of U.S. banks. If Aave were a bank, it would be the 64th largest bank in the world by deposits. The future lies on the chain."

According to online reports, Bitwise CEO Hunter Horsley issued a post on the X platform saying that he was very happy to see that Bitwise Ethereum exchange-traded funds ETHW, iShares, and Fidelity had inflows of funds this Friday, reminding ETHW that it is not an investment company registered under the 1940 U.S. Investment Company Act., therefore, it is not protected by the law. ETHW is not suitable for all investors and has high risks and high volatility.

According to online reports, data shows that Solana's average daily DEX transaction volume has remained above US$6 billion in the past week, accounting for 45% of the entire market. Except for Solana, all top ten blockchain DEX transaction volumes have dropped significantly. In addition, Solana's network The total lock-in value (TVL) reached US$9.2 billion, a 73% advantage over BNB Chain, which holds US$5.3 billion in assets. DappRadar also reported that 29.3 million unique active addresses interacted with DApps on Solana in the past seven days. By comparison, Near has 9.6 million addresses, opBNB has 7.8 million addresses, and Base has 4.6 million addresses. The SOL futures funds rate reached a reading peak of about 4.2% on November 22. For long positions, the indicator has stabilized at around 2.4% per month, slightly above the neutral point.

According to online reports, the market shows that BTC fell below US$98500 and is now trading at US$98,496.11. The 24-hour increase reached 0.07%. The market fluctuates greatly. Please control risks well.