Republicans continue to control the U.S. House of Representatives, which could usher in pro-crypto lawmakers to lead the development of digital asset-related bills. According to the Associated Press, Republicans have won a 218-member majority, while Democrats have won 208 seats. This sets the stage for Republicans to lead the House Financial Services Committee, an influential committee that oversees the U.S. SEC, the Federal Reserve, and other federal agencies. The current chairman, North Carolina Republican Rep. Patrick McHenry, will retire in January 2025. McHenry played a key role in leading a bill to regulate stablecoins and legislation focused on crypto market structure. The latter gives the CFTC new jurisdiction over "digital commodities" and says the SEC will oversee digital assets offered as part of investment contracts. The new chairman is likely to be selected this month or December. Candidates for committee chairman include Arkansas Rep. French Hill, Kentucky Rep. Andy Barr, Michigan Rep. Bill Huizenga, and Oklahoma Rep. Frank Lucas, all of whom are friendly to cryptocurrencies. For example, Hill leads the committee’s digital asset-focused group and has been working to pass cryptocurrency bills, including one involving stablecoins. (The Block)

According to BlockBeats, as of November 13, the Australian Monochrome Spot Bitcoin ETF (IBTC) has accumulated a total of 206 BTC in its holdings. This information was confirmed through official sources on November 14. The ETF's growth in Bitcoin holdings reflects a significant interest in cryptocurrency investments within the Australian market. The Monochrome Bitcoin ETF, which allows investors to gain exposure to Bitcoin without directly purchasing the cryptocurrency, has been steadily increasing its holdings. This development is part of a broader trend where institutional investors are showing heightened interest in digital assets. The ETF's strategy aims to provide a regulated and secure avenue for investors to participate in the Bitcoin market, which has seen fluctuating interest and investment over recent years. The accumulation of 206 BTC by the Monochrome ETF underscores the growing acceptance and integration of Bitcoin into traditional financial products. As the cryptocurrency market continues to evolve, products like the Monochrome ETF play a crucial role in bridging the gap between digital assets and conventional investment vehicles. This trend is expected to continue as more investors seek diversified portfolios that include cryptocurrencies.

According to official news, on-chain auction platform Bounce Brand is working with SeoulAuction Blue, a subsidiary of Seoul Auction, the largest auction house in South Korea, and BounceBit, a public blockchain powered by BTC re-collateralization, to launch a groundbreaking auction of Claude Monet's "Paysage". The painting is an authentic work of the famous Impressionist painter Monet and comes with a provenance provided by SeoulAuction Blue, ensuring its authenticity and historical significance.

According to Foresight News, OpenAI is reportedly planning to introduce a new AI tool called Operator in early 2025. This tool is designed to perform tasks traditionally done by humans, such as coding and booking travel, by utilizing computer capabilities. During a recent staff meeting, OpenAI's leadership announced their intention to release Operator in a research preview version by January 2025. The tool will be accessible to developers through the company's application programming interface (API), allowing them to integrate and test its functionalities. This development marks a significant step in OpenAI's efforts to enhance AI-driven automation and expand the practical applications of artificial intelligence in various industries. The introduction of Operator is expected to provide developers with new opportunities to leverage AI for complex tasks, potentially transforming how businesses and individuals approach problem-solving and task management. OpenAI's commitment to advancing AI technology continues to drive innovation and exploration in the field, with Operator poised to be a key component of their future offerings.

Coinbase CEO Brian Armstrong criticized the U.S. Department of Justice's (DOJ) recent investigation into cryptocurrency prediction market Polymarket. Armstrong expressed his dissatisfaction on social media, believing that the DOJ's actions were politically motivated and could inadvertently strengthen Polymarket's influence. It is understood that the ongoing investigation involves a search of Polymarket CEO Shayne Coplan's electronic devices. (CoinGape)

According to the official announcement, Bitget announced that it has launched the U-based PEAQ perpetual contract with a maximum leverage of 20 times. Contract strategy trading will be opened simultaneously.

The delta volume of top trending memecoins showed sell-off pressure due to recent volatility. source: https://ambcrypto.com/memecoins-face-sell-off-why-dogecoin-tops-the-risk-chart/

FLOKI 가격은 최근 24시간 동안 21.79% 상승하고 지난 주에는 62.39% 상승하며 인상적인 상승세를 보였습니다. 이러한 상승세는 여러 주요 지표를 강세 영역으로 밀어 올렸으며, 강한 상승 모멘텀을 보여줍니다. 그러나 현재 추세가 저항을 받거나 잠재적인 조정을 겪을 수 있다는 신호가 있어 주의가 필요합니다. 앞으로 몇 일이 FLOKI가 상승세를 유지할 수 있는지, 아니면 조정이 있을지 결정하는 데 중요할 것입니다. RSI 급상승…강한 매수 모멘텀 보인다 FLOKI 가격의 최근 상승으로 그의 RSI는 하루 전 60에서 71.42로 상승했으며, 이는 강한 매수 모멘텀을 나타냅니다. RSI가 70 이상이면 자산이 과매수 상태임을 나타내며, 잠재적인 조정을 암시합니다. 그러나 이것이 반드시 즉각적인... source: https://kr.beincrypto.com/base-news/82875/

Litecoin (@litecoin) officially posted on X: "Based on the current market conditions, I now define myself as a Memecoin." OKX market data shows that LTC briefly broke through 83 USDT and is now at 82.38 USDT, with a 24-hour increase of 10.76%.

Republicans have held onto their control of the U.S. House of Representatives, which could usher in crypto-friendly lawmakers. source: https://www.theblock.co/post/324812/republicans-keep-control-of-us-house-ushering-in-crypto-friendly-lawmakers-to-lead-key-committee?utm_source=rss&utm_medium=rss

Coinbase Wallet’s upcoming “tap-to-pay” feature aims to rival quick-pay apps like Venmo and Cash App, with a goal to reach 50 countries by 2025. Additionally, Coinbase’s Base network is working to solve Ethereum layer 2 interoperability, which could allow seamless transfers across multiple chains within six months.

Amidst his election victory and staff appointments, President-elect Trump is capitalising on the Dogecoin trend by selling DOGE merchandise. This move highlights his continued business instincts, even in politics, as Dogecoin enjoys a steady rally.

ChatGPT 4.0 has forecasts that an exciting new crypto, Rollblock ($RBLK) could soon surpass well-established altcoins like Solana (SOL) and Shiba Inu (SHIB) due to its innovative blockchain gaming ecosystem and rapid investor adoption.

The FBI has reportedly seized Polymarket CEO Shayne Coplan’s devices, possibly tied to the platform’s prediction of Trump’s election victory. While no charges have been filed, sources suggest market manipulation is under investigation. Meanwhile, France’s gambling regulator may block Polymarket’s operations. Is this the beginning of the end for the decentralised betting platform?

Jesse Pollak, the creator of Ethereum’s layer 2 network Base, expects the Coinbase Wallet feature to be available to users in 50 countries by the end of 2025.

If Memecoin repeats its 2021 trend of 7,000% gain, Dogecoin could break the $1 threshold.

The decentralized gambling platform CEO was targeted in a morning FBI raid, where his cellphone and electronic devices were seized.

Golden Finance launched the 2508th issue of "Golden Morning 8:00", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

In the last cycle, when the bull market was approaching madness, I mentioned in the article that I would take two measures: one is to sell at a high level, and the other is to keep at least (roughly) 20% to 30% of the position without cashing it out and keep it forever.