📰 Blockchain Morning Report - November 9, 2024 📷 Exclusive insights into the latest developments in the crypto space, not to be missed!

1. Market Dynamics 🧐

🎯 Bitcoin (BTC): Bitcoin reached a new high of $77,199, demonstrating strong market demand. The US spot Bitcoin ETF set a record with $1.4 billion in daily inflows, and BlackRock's IBIT fund saw pre-market trading reach new highs, surpassing its gold ETF. 💥 Bitcoin #BTC

💫 Ethereum (ETH): Ethereum's market capitalization has surpassed that of a major US bank, ranking as the 35th largest asset globally. The market is still awaiting approval for Ethereum ETF options as the SEC has delayed its decision. 🌟 Ethereum #ETH

🌈 Solana (SOL): Solana's market share has reached a historic high of 3.81%, with active on-chain activities indicating a thriving ecosystem. ✨ Solana #SOL

🎗 Binance Coin (BNB): BNB has been underperforming, but the Binance futures trading market is doing well, with contract trading potentially surpassing spot trading. 🎉 Binance Coin #BNB

2. Industry Highlights 🛡

💫 JPMorgan Expectations: JPMorgan expects the Federal Reserve to end its balance sheet reduction in the first quarter of 2025. 💎 Trump Effect: After Trump's victory, Bitcoin Google search volume surged, indicating that new investors may enter the market.

💡 SEC Chairman Change: Reports suggest that Trump is considering replacing the SEC chairman, which may impact cryptocurrency regulation.

💥 Tether Action: Tether has minted an additional 1 billion USDT on Ethereum, indicating sustained demand for its stablecoin.

💥 BIO Protocol Financing: BIO Protocol has completed its second round of community token financing, raising $11.14 million.

3. Industry Trends 🤔

💡 German Legislator's View: German lawmakers believe that if the US adopts BTC as a strategic reserve, European countries may follow suit.

💎 Coinbase Analysis: Coinbase analysts predict that the macro environment will be favorable for the cryptocurrency market in the next 1 to 2 quarters.

💡 Synthetix Proposal: Synthetix has passed a significant governance proposal to restructure its token economics.

💡 Standard Chartered Prediction: Standard Chartered analysts predict that if the Republican Party controls the US Congress, the cryptocurrency market capitalization could triple.