PANews reported on November 10 that according to CNBC, Musk is a loyal supporter of President-elect Trump and supports the idea of "allowing the president to intervene in the Fed's policy." According to the report, Utah Republican Senator Mike Lee previously called on the Fed to "listen to the president" on social media. In response, Musk posted a "100" emoji on the 8th, indicating full agreement.

PANews reported on November 10 that according to Coindesk, Coinbase Institutional Research Director and Institutional Research Analyst David Duong and David Han pointed out in a report released this week that if the Solana on-chain transaction ecosystem is regarded as an "independent financial category", it is currently ranked third in profitability, second only to stablecoins and Layer 1. David Duong pointed out: "Solana's transaction-related activities typically account for 75-90% of on-chain transaction fees, which is much higher than other networks such as Ethereum, Base and Arbitrum. Although second-layer solutions have also shown growth and innovation, they usually face different scalability challenges and user fragmentation issues compared to Solana. Solana's fee dynamics and user activity patterns are still unique.

PANews reported on November 10 that according to Jinshi, the Federal Reserve announced a 25 basis point interest rate cut as scheduled this week, and the target range of the federal funds rate was lowered to 4.5%-4.75%. All 12 FOMC members voted in favor of the rate cut. The policy statement deleted the statement about progress in inflation and greater confidence in achieving the target, emphasizing the focus on the dual risks of employment and inflation.

PANews reported on November 10 that according to the official Weibo account of the Voice of the Greater Bay Area, Hong Kong SAR Government Financial Secretary Paul Chan said today that the SAR Government will hold a signing ceremony with the third batch of key enterprise partners tomorrow. A total of 17 key enterprises participated in the signing this time. They are from the mainland, the United States and Europe, and are engaged in artificial intelligence and big data, life and health technology, financial technology, advanced manufacturing and new energy technology. Ninety percent of them have planned to set up international or regional headquarters in Hong Kong.

PANews reported on November 10 that according to Fortune magazine, as the results of the US election have settled, Musk's investment in supporting Trump, which was seen as a gamble by the outside world, has received obvious and immediate returns. It is reported that Musk may try to lobby Trump to give up his opposition to the Biden administration's electric vehicle tax credit policy and encourage the purchase of electric vehicles.

NEAR AI said on the X platform that the Alpha version has been launched, which includes the NEAR AI Assistant (Alpha), which has a user-specific memory and can act on behalf of users on Web2 and Web3 by connecting to other AI agents and services. The assistant knows how to render responses and generates a custom front end when needed. In addition, it also includes the NEAR AI Research Center, which supports community-built AI research and the creation of foundational models.

FTX creditor Sunil said on the X platform that FTX filed a lawsuit to recover $27 million in Huobi and Poloniex accounts held by Alameda.

According to Onchain Lens, a trader bought 33.96 million TDS at 1.54 SOL (about $291) on Pump.fun three days ago. So far, the trader has sold 1.51 million TDS at 24.47 SOL (4,803 USD) and still holds 32.44 million TDS, currently worth $744,000. The trader received a 2,571-fold return.

According to Lookonchain, 5 new wallets withdrew 745.5 BTC ($59 million) from Binance in the past hour. Since November 6, a total of 32 new wallets have withdrawn 5,364 BTC ($425 million) from Binance.

Alternative data shows that the current crypto market is in a state of extreme greed, with the fear and greed index at 78.

Cardano founder Charles Hoskinson said in a recent speech that he would "work with lawmakers and the government to get a bipartisan bill passed." His company Input Output Global (IOG) will set up a separate policy department for cryptocurrency regulation. The office will focus on developing a legislative framework that incorporates the provisions of the 21st Century Financial Innovation and Technology Act (FIT21) and the Responsible Financial Innovation Act (RFIA).

At the current price of Bitcoin at $79,000, MicroStrategy's Bitcoin holdings have a floating profit of over $10 billion. According to previous news, as of today, MicroStrategy holds a total of 252,220 Bitcoins, with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.

According to @ai_9684xtpa, the whale who built a position of $3.28 million in PEPE on October 12 has recharged 222.8 billion PEPE (2.43 million US dollars) to MEXC in the past 15 hours. If he sells, he will make a profit of $186,000. He currently still holds 100 billion PEPE, worth $1.14 million (cost $0.00001007, current price $0.00001144); affected by the rise of the market, PEPE has also risen by 22% in the past month.

According to @ai_9684xtpa, a whale who has made a profit of $18.99 million by buying low and selling high ETH since May 2023 recharged 5,000 ETH to Binance half an hour ago, about $15.69 million. This part of ETH was opened from the exchange at an average price of $2,468 a month ago. If all are sold, the profit will be $3.35 million. The whale's ETH swing trading has accumulated a profit of $22.34 million.

According to Infinite Market Cap data, Ethereum surpassed Johnson & Johnson in the global asset market value ranking and ranked 33rd.

According to Onchain Lens monitoring, a whale once invested $5.2 million and suffered huge losses when MOODENG's market value fell below $100 million. As MOODENG hit a new high, the whale still held MOODENG and made a profit of more than $3 million.

According to Spot On Chain, Tether has issued 4 billion USDT on Ethereum in the past three days. It is worth noting that about 3.44 billion USDT have been transferred to various exchanges, including 1.75 billion USDT to Binance and 770.8 million USDT to Coinbase.