A Tether spokesperson said: “Tether’s relationship with Cantor Fitzgerald is strictly professional and based on the management of reserves. The claim that Howard Lutnick’s participation on the transition team somehow meant influence over regulatory actions is untrue.”

According to @ai_9684xtpa monitoring, the whale 5E2d6...BpkPq withdrew 3.22 million JTO from Binance 12 hours ago, with an average price of $3.66, and has now become the asset with the highest holding value. JTO is the project token of Jito Network, the MEV infrastructure of the Solana network. The Dune data panel shows that Jito MEV's single-day income on November 11 was as high as 6,900 SOL (1.45 million US dollars); and the explosive growth of the Solana ecosystem this year has also caused the price of JTO to rise by 119% in the past year.

Musk said on the X platform that he liked the "WOULD" meme. Influenced by this news, the token of the same name quickly rose to over $0.025, and the market value exceeded $20 million.

The Wall Street Journal reported that sources revealed that Wall Street financial services company Cantor Fitzgerald agreed to acquire 5% of the shares of stablecoin issuer Tether in 2023, and the 5% stake was worth up to $600 million when the agreement was reached. This may mean that Tether will gain more political support, as Cantor Fitzgerald CEO Howard Lutnick was appointed as US President-elect Donald Trump's Secretary of Commerce on November 19. Tether's largest shareholder Giancarlo Devasini once said: "Lutnick will use his political influence to try to resolve the threats facing Tether."

PANews reported on November 23 that according to Reuters, Trump promised to set up a new committee as part of a crypto-friendly government. People familiar with the matter said his transition team is discussing how to build and equip the committee and which companies should be included. According to multiple digital asset industry executives, many crypto companies such as Ripple, Kraken and Circle are vying for seats on the cryptocurrency advisory committee that President-elect Trump promised to establish, seeking to have a say in his planned US policy reforms.

PANews reported on November 23 that according to the official website of the China Securities Regulatory Commission, the China Securities Regulatory Commission issued 8 financial industry standards including the "Communication Guidelines for General Infrastructure of Blockchain in Regional Equity Markets". The "Communication Guidelines for General Infrastructure of Blockchain in Regional Equity Markets" financial industry standard stipulates the communication guidelines between the general financial infrastructure based on the "regulatory chain-local business chain" two-tier architecture and the existing systems of the regional equity market, and clarifies the systems, main data objects, business scenarios and operating instructions involved in six types of communication protocols, including user registration agreement, asset registration agreement, fund mapping agreement, asset mapping agreement, transfer management agreement, and settlement management agreement.

PANews reported on November 23 that according to Cryptoslate, the latest report of asset management giant VanEck pointed out that from the perspective of key indicators, this round of rebound seems to have just begun. It is reported that VanEck analyzed three key indicators, namely funding rate, relative unrealized profit (RUP) and retail interest trend, showing that: 1. The perpetual futures funding rate has been above 10% since November 12, indicating that the bullish momentum has increased; 2. In addition, the current 30-day moving average relative unrealized profit level is about 0.54, which usually indicates that the market will peak in a longer period of time; 3. The search term heat is only 34% of the high point in May 2021, indicating that the speculative frenzy has not yet spread, and the re-participation of retail investors will give Bitcoin room for further increases.