Trump accepts Biden's invitation to meet at the White House to discuss the transfer of power
According to Jinshi, on November 6 local time, the campaign team of Republican presidential candidate Trump, who had previously announced his victory in the 2024 US presidential election, said that Trump had accepted the invitation of the current President Biden and would meet with him in the White House to discuss the transfer of presidential power. The specific date of the meeting has not yet been announced, but a spokesman for the Trump campaign said that the meeting "will take place soon" and that Trump was "very grateful" for Biden's congratulatory call on the 6th.
Foreign Ministry Spokesperson: Congratulations on Trump's election as US President
SEC files motion seeking expedited ruling in Kraken case
According to Coingape, the U.S. Securities and Exchange Commission (SEC) has filed a motion with the court seeking a quick judgment on the case of the crypto exchange Kraken, focusing on opposing Kraken's "fair notice" and "major issues principle" defenses. The SEC's move is intended to limit further scrutiny of its crypto policies and avoid excessive questioning of its regulatory approach.
According to CoinDesk, JPMorgan Chase renamed its blockchain platform Onyx to Kinexys, aiming to strengthen its business layout in the field of blockchain and asset tokenization. Kinexys plans to introduce on-chain foreign exchange settlement functions in the first quarter of 2025, initially supporting 24/7 automated multi-currency clearing and settlement services for US dollars and euros, and will expand to other currencies in the future.
Blockchain data company Arkham announced on the X platform that the crypto derivatives exchange ARKHAM PERPETUALS EXCHANGE has opened registration and trading is scheduled to start in one week. Arkham said that registration qualifications vary by jurisdiction. Users living in certain jurisdictions (including the United States) will be excluded from access.
Indian Crypto Exchange WazirX Plans to Launch a Decentralized Exchange and DEX-related Tokens
Nischal Shetty, founder of Indian crypto exchange WazirX, announced that the company plans to launch a decentralized exchange (DEX) in response to the hacking incident in July. Shetty said that the new DEX will allow users to self-custody their assets, eliminating the counterparty risk inherent in centralized platforms. In addition, WazirX also plans to launch DEX-related tokens to pay platform fees and governance. Shetty emphasized that the self-custody feature of DEX will give users full control over their assets and the ability to trade freely.
According to The Block, the Avalanche Foundation has obtained court approval to repurchase 1.97 million AVAX tokens purchased from the bankrupt Luna Foundation Guard (LFG), worth approximately $52 million. The transaction marks the official end of Avalanche's relationship with the defunct Terra blockchain project.
According to the official announcement, Binance Finance, One-Click Coin Purchase, Flash Exchange Trading Platform, Leverage, Fixed Investment Platform and Binance Contracts will launch Cow Protocol (COW) and Cetus Protocol (CETUS) according to the timeline listed below.
According to The Block, the day after Trump won the US presidential election, BlackRock's IBIT spot Bitcoin ETF trading volume surged to $1 billion within 20 minutes of opening, setting a single-day trading volume record. According to ETF analyst Eric Balchunas on the social platform X, BlackRock's spot Bitcoin ETF $IBIT set a new single-day trading volume record of $4.1 billion, exceeding the daily trading volume of stocks such as Berkshire, Netflix and Visa. In addition, $IBIT rose 10% on the day, the second best trading day since its listing. Balchunas expects that part of this volume will be converted into capital inflows, which may be credited on Tuesday and Wednesday nights.
Pump.fun hits record monthly revenue of $30.5 million in October
According to The Block, driven by the AI concept and meme coin craze, Pump.fun hit a new monthly revenue record of $30.5 million in October, up 111% from the previous month and surpassing the highest record of $28.64 million set in July. This growth reversed the previous trend of an average decline of 29% for two consecutive months.
Pump.fun transferred another 36,400 SOL to the Kraken exchange 8 hours ago
According to on-chain analyst Yu Jin, Pump.fun transferred 36,400 SOL (about 6.75 million USD) to Kraken exchange 8 hours ago. This is its first large transfer in 5 days. However, despite the frequent cashing out, Pump.fun's revenue growth is still rapid: the fee income in the past 5 days has reached 48,100 SOL.
Data shows that Pump.fun has received a total of 1.14 million SOL in transaction fees so far, of which about 745,400 SOL (about US$118.68 million) has been gradually sold at an average price of US$159 per coin.
Bitcoin surpasses Meta to become the ninth largest asset in the world by market value
Musk's wealth increased by $20.9 billion, firmly maintaining his position as the world's richest man
According to Jinshi, Tesla (TSLA.O) closed up 14.75% on Wednesday in the US after Trump, who was supported by Musk, won the US presidential election. According to the Forbes Rich List, Tesla's surge has increased the net worth of the company's founder and CEO Musk by $20.9 billion in a single day, bringing his total assets to $285.6 billion, far exceeding Jeff Bezos, who ranks second on the world's richest list.
Musk just said on the X platform: "The government is about to undergo a thorough reform to end the bureaucracy that hinders development, crazy deficit spending, and return personal freedom to the people."
Bitcoin hits new high again, global cryptocurrency market value exceeds $2.6 trillion
According to Coingecko data, Bitcoin hit a new record high, reaching $75,600 per coin, pushing the global cryptocurrency market value to over $2.6 trillion, of which Bitcoin's market value was $1.495 trillion. It is worth noting that the global cryptocurrency market value has not yet reached its peak of over $3 trillion in November 2021.
Ethereum IC0 Ancient Whale with 150,000 ETH Suspected of Selling 15,000 ETH Worth $39.38 Million
A whale that started hoarding Bitcoin 7 years ago has now made a profit of $43.4 million
