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01:17

Musk and Ronaldo appeared at the White House to attend the state banquet hosted by Trump for the Crown Prince of Saudi Arabia.

BlockBeats news, on November 19, according to Fox News, Musk appeared at the White House to attend a state dinner hosted by President Trump for the Crown Prince of Saudi Arabia. Additionally, soccer star Cristiano Ronaldo also attended the dinner. Trump stated that he introduced football legend C. Ronaldo to his son Barron at the White House tonight, which earned him his son's favor.
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22:46

Trump hinted that the candidate for the Fed chair has been decided, complaining that the dismissal of Powell was blocked by others.

Odaily News Trump stated that he believes he has identified his choice for the next Fed chair, while claiming that someone is preventing him from firing the current Central Bank leader Powell. Trump told reporters: "I think I know my choice." However, he did not specify who the candidate was. U.S. Treasury Secretary Becerra stated that he has narrowed down the contenders to current Fed governors Waller and Bowman, former Fed governor Warsh, White House National Economic Council director Hassett, and BlackRock executive Riedel. Trump said: "We have some surprising names, and some conventional names that everyone is talking about. We might go the conventional route. It's nice to occasionally walk the politically correct path." Becerra had previously stated that he plans to submit recommendations to Trump after the Thanksgiving holiday. The next Fed chair will have to maintain a cautious balance: catering to Trump's desire for low interest rates while also sustaining investment.
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21:20

Trump's approval rating has fallen to a low point, with dissatisfaction arising from the cost of living and the Epstein case.

According to a report by Golden Finance, a Reuters/Ipsos poll shows that Trump's support rate has fallen to 38%, the lowest level since his return to the White House, due to Americans' dissatisfaction with his handling of the cost of living and the investigation into Epstein. The four-day poll, which concluded on Monday, also shows signs of weakening Trump’s control over the Republican Party. At the beginning of his second term, 47% of Americans approved of him. The nine-point drop since January brings his overall support rate close to the low point of his first term and near the lowest level achieved by his Democratic predecessor, Biden. Biden's support rate had fallen to as low as 35%, while Trump's support rate during his first term had dropped to 33%. Only 26% of Americans say Trump is doing a good job managing the cost of living, down from 29% earlier this month.
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08:19

"BCH Group" Chen Zhi was exposed for purchasing a luxury house in Japan and establishing 3 companies, with the price of the second-hand houses in the purchased community being approximately 10.33 million USD.

PANews reported on November 18 that according to Elephant News, Chen Zhizeng, the chairman of the "太子集团" in Cambodia, attempted to obtain long-term residency by establishing a company in Japan and purchased a luxury house in a high-end residential area in Tokyo. In recent years, the "太子集团" has established three related companies in Japan, including the consulting firm Prince Japan founded in 2023, the real estate company Canopy Sands Development Japan Co. founded in 2024, and a company set up by Chen Zhizeng himself in 2022. These companies have held seminars to promote high-end real estate projects in Cambodia, suspected of using criminal proceeds for development and laundering money through sales. According to reports, Chen Zhi's initial residence was registered near the headquarters of the Prince Group in Phnom Penh, Cambodia, and was changed in 2024 to a luxury apartment in Minato, Tokyo. It is reported that the apartment covers an area of over 150 square meters, monthly
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BTC0.68%
17:09

The White House is reviewing the proposed encryption asset reporting framework.

ChainCatcher news, the White House is currently reviewing the proposed rules submitted by the U.S. Department of the Treasury that would allow the U.S. to join the international Crypto Assets Reporting Framework (CARF). Once approved and implemented, this framework will enable the IRS to automatically access transaction information of U.S. citizens' overseas cryptocurrency accounts to combat international tax evasion. CARF is a global protocol created by the Organisation for Economic Co-operation and Development (OECD) in 2022, aimed at enhancing the transparency of Crypto Assets transactions through automatic information exchange among member countries. Advisors to President Trump had previously released a report recommending that the U.S. adopt CARF, stating that it would prevent U.S. taxpayers from transferring digital assets to overseas digital asset exchanges and promote the development of the U.S. digital asset market. CARF has been adopted by most G7 member countries and major crypto hubs such as Singapore and the UAE.
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14:31

The Senate committee strives to finalize the market structure legislation draft for review in December.

According to Golden Finance, Crypto In America reports that Senate staff are racing against the clock to finalize the market structure legislation draft before Thanksgiving. Senate Agriculture Committee Chair John Boozman (Republican, Arkansas) stated he is committed to achieving this timeline and noted that the government shutdown has delayed his original plan to review the bill this week. House Banking Committee Chairman Tim Scott (Republican, South Carolina) originally planned to complete the review of the banking bill by the end of September, but he has not yet indicated when the draft portion under his committee's jurisdiction will be submitted for a vote. The text of the draft has not been made public since it became a bipartisan product after last month's bipartisan roundtable discussions on Capitol Hill, and it is still unclear whether it will be released before the Thanksgiving holiday. The draft leaves several key gaps, including how to regulate decentralized finance (DeFi), and the content in parentheses.
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05:09

Trump supports the release of documents related to Epstein.

Trump recently changed his stance, calling on House Republicans to vote to require the Justice Department to release documents related to Epstein, stating that "there is nothing to hide." He emphasized that the House Oversight Committee should obtain all information, whereas previously he and the White House opposed releasing more documents.
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04:13

White House officials: Some key economic data in the U.S. for October may be permanently lost.

On November 14, American economists expressed concerns that the inflation and unemployment data for October might be permanently lost due to the government shutdown. Chief Economic Advisor Hassett confirmed that the unemployment rate will not be published, but the estimates for job creation will still be calculated. It remains unclear whether the Consumer Price Index will be released.
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18:29

European officials are considering centralizing the dollar to drop reliance on the Fed.

BlockBeats news, on November 14, European financial stability officials are discussing whether to create an alternative funding support mechanism to the Fed, which would centralize the dollars held by central banks outside of the United States. Under the Trump administration, central banks have been trying to reduce their dependence on the U.S. The related mechanism of the Fed provides dollar loans to other central banks, acting as a lifeline during times of market pressure to ensure global financial stability. Interviews with more than a dozen European central bank and regulatory officials reveal their concerns that these mechanisms could be "weaponized" by the Trump administration. European officials' concerns rose around April but subsequently decreased due to the assurances from the Fed. The practice of centralizing dollars faces practical difficulties and may not be feasible. White House spokesman stated that Trump has "repeatedly reaffirmed his commitment to maintaining the strength and influence of the dollar." (Jin10)
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TRUMP3.62%
16:02

Citi: Continued weakness in the labor market data will prompt the Fed to cut interest rates in December, January, and March.

Odaily News Citigroup economists pointed out that despite warnings from the White House, the CPI and employment data for October may still be released in the coming days. The government shutdown has disrupted data collection, but Citigroup stated that statistical agencies can ask retrospective questions in household employment surveys and use more estimation methods in inflation metrics. However, the CPI data for October may be "less accurate than usual." Citigroup economists expect that labor market data will remain weak, prompting the Fed to cut interest rates in December, January, and March. (Jin10)
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08:14

Danske: The dollar is expected to rebound, and the Fed may abandon the rate cut in December.

According to ChainCatcher news and Jin10 reports, the dollar exchange rate fell on Thursday as traders remained cautious about the potential weak performance of data after the U.S. government reopens. The House passed a temporary funding bill to end the government shutdown, which was signed into law by Trump, allowing official data to be released again. Kristoffer Kjaer, head of forex and interest rate strategy at Danske Bank, pointed out that before the Fed's rate decision in December, up to three employment reports and two inflation data may be released, and the dollar is expected to rebound, prompting the Fed to abandon interest rate cuts in December.
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07:46

Bitunix Analyst: U.S. Government Shutdown Ends, Market Focus Shifts to Data Vacuum and Policy Fog

BlockBeats news, on November 13, U.S. President Trump signed a temporary funding bill, officially ending the longest government shutdown in U.S. history, which lasted six weeks. The bill will fund the federal government until January 30, 2026, avoiding the risk of a short-term economic shutdown. However, the White House warned that the October non-farm payroll and CPI reports may be permanently missing due to the shutdown, leaving the Fed in a "blind flight" state regarding whether to further cut interest rates in December. Currently, the market generally expects U.S. Treasury yields to remain on a downward trend, while the dollar index is under short-term pressure. For the crypto market, this "information vacuum period" created by the policy and data disconnect will lead capital to prefer avoiding the uncertainties of TradFi assets. Bitcoin (BTC) briefly rose to $102,177 after the news was announced, with the short-term support level at $101,325, and the pressure zone concentrated.
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BTC0.68%
06:19

TRUMP 24-hour volume is nearly 700 million USD, current market capitalization exceeds 1.5 billion USD.

Gate News Bot news, on November 13, according to CoinMarketCap data, as of the time of writing, TRUMP (OFFICIAL TRUMP) is currently priced at $7.71, rising 0.80% in the last 24 hours, with a high of $9.50 and a low of $7.31. The 24-hour volume reached $693 million. The current market capitalization is approximately $1.543 billion, an increase of $12.3 million compared to yesterday. Important news about TRUMP recently: 1️⃣ **Trump Actively Promotes Ending Government Shutdown** The U.S. government shutdown is about to end, with the House of Representatives set to vote on a bill to approve the end of the shutdown as early as this Wednesday. Trump has repeatedly called for an end to the shutdown, stating "It seems we are very close to ending the government shutdown." The government restart will help restore normal economic order, providing T
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TRUMP3.62%
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01:37

Poll: 50% of Americans blame the government shutdown on the Republican Party, while 47% blame the Democratic Party.

BlockBeats News, November 13th, local time Wednesday, the U.S. House of Representatives voted to pass a funding bill that allocates funds for food assistance programs during the shutdown, back pay for hundreds of thousands of federal employees, and restores normal operations of the air traffic control system. The bill was approved in the House by a vote of 222 to 209, and the record-breaking 43-day U.S. federal government shutdown is about to officially end, although the two parties continue to dispute over federal healthcare subsidies. The bill will be sent to President Trump for signature. The House passed the bill on Wednesday, and despite fierce opposition from Democrats, Trump's support largely maintained Republican unity. What angered Democrats was that their colleagues in the Senate initiated a prolonged standoff that failed to reach an agreement to extend federal Medicaid subsidies. The Senate had previously passed this bill, and despite mutual accusations between the two parties, it seems that neither side has
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19:47

White House: October non-farm and inflation data may never be released

Odaily Planet Daily reports that White House Press Secretary Karine Jean-Pierre stated that due to the government shutdown, key economic reports for October may not be published at all. Jean-Pierre said, "Democrats may have permanently damaged the federal statistical system; the October CPI and non-farm employment reports are very likely never to be released. The release of all this economic data will be permanently impaired, causing Fed policymakers to 'fly blind' during critical periods." As the government shutdown continues for over six weeks, setting a record for the longest in history, Wall Street has been closely watching the release of important economic data. Other affected data include retail sales, import and export data, as well as consumer spending and income. Most economists previously expected all data to eventually be released, albeit with delays. However, Jean-Pierre's remarks cast a shadow over this expectation. She added that the shutdown could reduce economic growth in the fourth quarter by as much as 2 percentage points.
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16:14

SEC proposes "Token Classification Framework": Anchored by the Howey Test, exploring non-securitization pathways for crypto assets

SEC Chairman Paul Atkins proposed establishing a "token taxonomy" to distinguish between cryptocurrencies and securities based on the Howey Test. The SEC has launched "Project Crypto," allowing tokens to be traded on CFTC or state platforms, and is considering exemptions for crypto assets. He reiterated strict punishment for fraud and confirmed that "tokenized securities" still qualify as securities. The House has passed related legislation, and the Senate is also moving forward.
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15:40

Trump will hold a private dinner with business leaders at the White House.

BlockBeats News, November 12 — Tonight at 7:30 PM Eastern Time (8:30 AM Beijing Time tomorrow), Trump will hold a private dinner at the White House, attended by financial and business leaders, including CEOs from Nasdaq, JPMorgan Chase, and BlackRock. The purpose is to strengthen the White House's connections with corporate executives and discuss topics such as capital market strengthening measures and supply chain rebuilding.
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23:31

Pelosi announces retirement. Trump: That's a great thing; she's an evil woman.

Jin10 Data, November 7 — Former Speaker of the U.S. House of Representatives and 85-year-old Democrat Nancy Pelosi announced on November 6 that she will not run for re-election to Congress in 2026. Regarding Pelosi’s upcoming retirement, U.S. President Donald Trump told reporters that he is “happy” about it, believing Pelosi’s retirement is a good thing for the United States. Trump said, “I think she’s a wicked woman.”
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07:56

A U.S. government shutdown could delay cryptocurrency market regulation legislation until 2026.

According to CoinDesk, as of November 6, the U.S. government shutdown has lasted 36 days, setting a new record and potentially further delaying Congress's progress on the crypto market structure legislation. The election results have strengthened the Democrats' bargaining position. Industry experts expect the bill to see slight progress within this year but unlikely to become law by 2025, possibly pushing it into 2026. White House Digital Assets Advisor Patrick Witt stated that President Trump still demands the final version be submitted before 2025, but a large-scale government shutdown has limited the drafting of the bill. Blockchain Association CEO Summer Mersinger also mentioned that the likelihood of the bill being moved to 2026 has increased.
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00:58

Japanese Prime Minister Sanae Takaichi expressed opposition to lowering the consumption tax.

Jin10 Data, November 5th – At the Japanese House of Representatives full session on the 5th, Prime Minister Sanae Takaichi expressed a negative opinion regarding the Constitutional Democratic Party's proposal to lower the food consumption tax rate to 0% as a measure against high prices. She also stated regarding the relaxation of labor time restrictions: "Considering the realities and demands of work styles, further discussions will be deepened." When asked about the possibility of dissolving the House of Representatives and holding a general election within the year concerning the reduction of the members' designated seats, Takaichi responded, "What should be expedited is the measure against high prices. There is no time to think about dissolution right now."
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19:59

Opinion: Trump's Pardon Controversy, Analysts Reveal the Interests Behind the Clemency

During Trump's tenure, over 1,500 pardons were approved, waiving fines and compensations exceeding $1 billion. Analysis points out that there is an economic system behind the pardons, where wealthy clients can influence outcomes through lobbying firms, raising questions about the commodification of privileges. The White House emphasizes that the pardons undergo rigorous scrutiny.
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13:39

Macro Overview: The US Dollar Index has broken 100 again, but the appreciation cycle has not yet arrived.

According to ChainCatcher news, as reported by Jin10, the Minsheng Macro Research Report states that the US dollar index has once again broken through 100, but the appreciation cycle has not yet arrived. The research report points out that the current dollar is more of a rebound, and the market has begun to price in no interest rate cuts in December, with an expected probability of over 30%. In addition, before the end of the year, the White House will announce the candidate for the Fed Chairman, and it is expected that the policy distinction will be between "easing" and "extreme easing", which are not good news for the dollar.
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17:02

CZ: Investment should learn to manage risks, and the chips should not be too concentrated, as the market always rises and falls.

BlockBeats news, on November 3rd, CZ shared on social media, "Selling my house to go all in seemed very risky back then, but I didn't need that money. I have a monthly income. Risks are different for everyone. The market always rises and falls. Learn to control risks, and invest within a manageable range. Don't concentrate your chips too much. Don't be too greedy when things are good, and there's no need to be too fearful when things are bad."
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04:12

California Congressman Ro Khanna proposed a resolution to prohibit politicians from issuing and trading digital assets.

California Democratic Congressman Ro Khanna proposed a resolution to support banning certain public officials and their relatives from the issuance, sponsorship, or endorsement of digital assets, and requires them to transfer their digital assets into a blind trust. The resolution also advocates for full disclosure of Crypto Assets transactions, but it is expected to be difficult to pass due to the Republican majority in the House.
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12:26

The Dutch 66 Democratic Party wins the House of Representatives election.

Jin10 News, October 31 - On October 31 local time, the Dutch Party for Freedom and Democracy (VVD) has confirmed its victory in the House of Representatives election. Although not all ballots have been counted yet, the current vote percentage of the Freedom Party following closely behind makes it impossible for them to surpass the VVD. In June of this year, the Freedom Party withdrew from the ruling coalition due to issues regarding refugee asylum policies, leading to the resignation of the coalition government led by Prime Minister Mark Rutte, leaving the cabinet in a caretaker state. The caretaker government subsequently decided to hold the House of Representatives election early on October 29.
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