The cryptocurrency market capitalization has reached an all-time high of $3.12 trillion and is now close to exceeding the gross domestic product (GDP) of France. Meanwhile, Bitcoin’s market capitalization is now over $1.77 trillion, exceeding the GDP of Spain, according to the International Monetary Fund.

F2Pool co-founder Chun Wang posted on the X platform that if the price of DOGE rises to $1, he will buy a Mars exploration mission and name it "Marsrise". The mission is scheduled to launch on January 19, 2029, which happens to be the last day of Trump's possible second term.

Eric Balchunas, senior ETF analyst at Bloomberg, said on X platform: "U.S. spot Bitcoin ETFs now have assets of $84 billion, equivalent to two-thirds of the assets of gold ETFs. Suddenly, they are likely to surpass gold ETFs before their first anniversary (we previously predicted it would take 3-4 years)."

Microstrategy shares hit an all-time high of $350 after hours, with the company's surge coinciding with bitcoin's historic price rise on Monday. Eric Balchunas, senior ETF analyst at Bloomberg, said on the X platform that Microstrategy's single-day trading volume reached a record $12 billion, six times the volume of JPMorgan Chase or General Electric.

Musk's Tesla currently holds 11,509 BTC. With the rise in Bitcoin prices, the value of its Bitcoin holdings has now exceeded US$1 billion.

Split Capital proposed the "BLUR Fee Conversion and veBLUR Token Economics" proposal in the Blur Governance Forum, which aims to add a framework for increasing protocol fees and re-flowing fees into vote-locked BLUR (veBLUR) tokens. Currently, the Blur NFT Marketplace Protocol has been operating at 0% market fees while enforcing a 0.5% creator royalty. It is proposed to remove the enforced creator royalty and add a 0.5% protocol fee to each transaction. It is also proposed to form a fee committee that can change the protocol rate to enable rapid adjustments based on market conditions and the competitive landscape.

According to the data from election forecasting agency DECISION DESK HQ, the Republican Party of the United States has gained control of the House of Representatives. It is currently predicted that the Republican Party has won 218 seats in the House of Representatives and has become the majority party in the House of Representatives; the Democratic Party currently has 209 seats. According to previous predictions by many media, the Republican Party has gained control of the Senate.

ZK coprocessor Brevis Network has completed a $7.5 million seed round of financing, led by Polychain Capital and Binance Labs, with participation from IOSG Ventures, Nomad Capital, Bankless Ventures, Hashkey, and several undisclosed angel investors. Brevis began raising funds for this round in June and completed it in September; this round of financing was conducted in the form of token issuance, but refused to disclose the valuation after financing.

As President-elect Donald Trump prepares for a more relaxed stance on cryptocurrencies in the U.S. government, he is looking for candidates for key positions that are friendly to the crypto industry, while his senior advisers are consulting crypto executives on potential changes in federal policy. Early discussions have focused on a range of financial regulators, including the U.S. Securities and Exchange Commission. Trump advisers have considered putting current regulators, former federal officials and financial industry executives in key leadership positions, many of whom have publicly expressed pro-cryptocurrency views, according to five people familiar with the matter. They warned that the discussion process is still in its early stages and the list of candidates is still changing.

Bloomberg ETF analyst James Seyffart said that yesterday's US spot Bitcoin ETF trading volume reached $7.22 billion, which was the highest trading volume since March 14. It was also the sixth highest day in history. BlackRock's IBIT led with $4.6 billion, followed by Fidelity's FBTC, which barely exceeded the $1 billion level.

At around 01:07 am Beijing time, Tether Treasury minted 2 billion new USDT on Ethereum. Tether CEO Paolo Ardoino said this was an authorized but unissued transaction, which means it will be used as inventory for the next issuance request and on-chain exchange.

The current global cryptocurrency market value is approximately $3.11 trillion, up 6.8% in the past 24 hours, breaking through the previous high of $3.069 trillion on November 9, 2021. The current market value of Bitcoin accounts for 56.3%, Ethereum accounts for 13%, and the cryptocurrency trading volume in the past 24 hours is approximately $355.68 billion.

At the current price of Bitcoin at $88,875.7, MicroStrategy's Bitcoin holdings have a floating profit of approximately $12.9 billion. According to previous news, as of November 11, 2024, MicroStrategy holds a total of 279,420 Bitcoins, with a total purchase cost of approximately $11.9 billion and an average price of approximately $42,692.