Online reports, according to DL News, after the crypto industry invested $133 million in the 2024 election, Fairshake, a political action committee that supports cryptocurrencies, has raised $78 million for the 2026 midterm elections. Coinbase has announced that it will invest $25 million in Fairshake, while Andreessen Horowitz has also committed to investing more than $23 million in election funding in Fairshake and its affiliated PAC.

Internet reports that the U.S. House of Representatives will tell Rep. Mike Flood recently: "Despite widespread opposition, SAB121 still operates effectively as a statute, even though it has never gone through normal Administrative Procedure Act procedures." Flood said: "I look forward to working with the next SEC chairman to revoke SAB121. Whether Chairman Gary Gensler steps down on his own, or President Trump will fulfill his promise to fire Gensler, the new administration has an excellent opportunity to usher in a new era after Gensler leaves office." It added: "It should be no surprise that Gensler opposed passing the House digital asset regulatory framework on a bipartisan basis earlier this year. Seventy-one Democrats joined House Republicans in adopting the common-sense framework. Although the Democrat-led Senate refused to accept it, it represents a breakthrough moment for cryptocurrency and could inform the work of a unified Republican government when the next Congress begins next January."

On November 24, according to@ai_9684xtpa monitoring, whale DZsGo... YjG2L has lost US$290,000 due to continued to cover its position on ai16z. He entered the market at the peak of 11.19ai16z, and bought more and more. He has covered positions 15 times and invested US$1.023 million; its average cost is US$0.2044. Due to the controversial remarks made by the founder of ai16z this morning, its floating loss reached as high as US$535,000, close to halving.

According to online reports, Guosheng Securities released a research report saying that behind Nvidia's financial report is the long-term sustainability and growth of AI hardware demand. Whether it is from various perspectives such as technology-driven, demand structure and competitive landscape, the long logic of the AI narrative can be demonstrated. There has been no wavering. The bank pointed out that in the short term, the flow of funds tends to the AI application field, and the valuation of AI hardware is suppressed. But from the perspective of industry cycles, the value of hardware will eventually be re-priced and returned to a reasonable level. The bank pointed out that AI applications and hardware complement each other, and the growth of hardware demand and the implementation of AI applications will form a positive feedback loop.

Indian billionaire Gautam Adani and his nephew Sagar Adani have been summoned by the U.S. Securities and Exchange Commission (SEC) to explain allegations that they paid more than $250 million in bribes to win solar power contracts, Internet reported. The Press Trust of India (PTI) reported that the summons had been served at the Adani family's home in the western Indian city of Ahmedabad, requiring them to respond within 21 days. Citing a notice issued through the Eastern District Court of New York on November 21, PTI said that if the Adani family failed to respond on time, they would be sentenced in absentia.

Internet reports that the U.S. SEC recently announced that law enforcement efforts in fiscal year 2024 hit a record high, highlighting its efforts to maintain market integrity and investor protection. "A total of 583 enforcement actions were filed in fiscal 2024 and $8.2 billion in financial remedies were received, the highest amount in SEC history," the agency said. Compared to 2023, the number of enforcement actions initiated by the SEC increased by 14%. SEC Chairman Gary Gensler praised the role of law enforcement: "Law enforcement is a determined police force that follows the facts and the law to hold violators accountable, no matter where they are. As this year's results demonstrate, the division helps promote the integrity of our capital markets, benefiting both investors and issuers."

Internet reports that Tassat has partnered with Veuu, a startup that uses artificial intelligence to process medical insurance claims processing and payments. It is reported that Tassat's private blockchain banking solution has been deployed by six banks and used to process more than $2 trillion in transactions. The blockchain banking solution provided by Tassat enables customers of the same bank to make instant payments to each other using tokenized deposits. Like JPMorgan's JPM Coin (renamed Kinexys Digital Payments), it uses smart contracts to automatically execute transactions.

On November 24, according to@512x512 users, Grok launched "Focus Mode", which allows users to remove all interference from the page and use it on the Internet.

According to online reports, the Russian Central Bank announced that First Deputy Governor Olga Skorobogatova will resign on December 2. She worked in the private sector until joining the central bank in 2014. Skorobogatova oversees the national payment system, IT and financial technology, including the Digital Ruble Central Bank Digital Currency (CBDC). Her position will be replaced by Zulfiya Kakhrumanova, the central bank's IT director. First Deputy Governor Dmitry Tulin will be responsible for overseeing the national payment system. The digital ruble is planned to be launched on a large scale in July 2025, when large banks will be obligated to support CBDC. The second batch of banks originally planned to join the program in January 2024, but it had not yet realized by October.

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.