what happen?

When Donald Trump is re-elected as U.S. president, he is expected to aggressively appoint cryptocurrency-friendly officials to his cabinet and federal regulatory agencies, especially key financial regulators such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). mechanism.

As the SEC has adopted a strict enforcement attitude towards the cryptocurrency industry in the past few years, the new leadership is expected to adjust regulatory policies and bring new vitality to the cryptocurrency industry.

After Trump was elected, the cryptocurrency market rose rapidly, especially Coinbase's stock price soared 20%, exceeding the $300 mark. Market analysts pointed out that this is a direct response to expectations of crypto industry-friendly policies.

Franklin launches FOBXX fund on Ethereum

Franklin Templeton recently announced the expansion of its Nasdaq-listed OnChain U.S. Government Money Market Fund (FOBXX) to Ethereum, the world’s second-largest cryptocurrency network by market capitalization. The fund has previously operated on multiple blockchains, including Avalanche, Stellar, Aptos, and Ethereum’s scaling networks Arbitrum, Polygon, and Base, but this is the first time it has been deployed on the Ethereum mainnet.

FOBXX is a fund that lets clients invest in U.S. government securities, cash and repurchase agreements, with investors buying and holding shares in a digital wallet through Franklin Templeton’s Benji Investments mobile app.

Odinding Group joins hands with Visa to simplify cross-border payment process

OwlTing Group, a blockchain technology financial technology company, announced that it has reached a global agreement with Visa, the world's leading digital payment company, and will introduce the Visa Direct solution to provide instant cross-border payment services to corporate and individual customers. Through this agreement, Odinding Group will have the opportunity to access more than 8.5 billion payment endpoints in Visa's global payment network.

Through Visa Direct, OwlPay's U.S. users will be able to make seamless cross-border transfers through its Web2 and Web3 hybrid payment solution, OwlPay®. Odingding Group plans to integrate with the Visa Direct solution in two phases. First, it is expected to complete the integration of Visa Direct Account before the end of this year, and to complete the integration of Visa Direct Card before the first quarter of next year.

How is Bitcoin laid out?

The wait is finally over.

Your efforts are about to be richly rewarded.

In this newsletter, everything you've learned will come together as a complete cycle over the coming months.

This period is critical to your present and future success. This is a crucial time for you to show off your talents and apply what you have learned. Congratulations on making it this far.

Now, let's get down to business. There is a brief summary at the end.

We have just entered the final phase of a four-year cycle. This is the most exciting and challenging time. The market is highly volatile, with prices potentially experiencing double-digit swings overnight and setting new records.

what happen?

After the election of the new US President Trump, Trump's "America First" policy will lead to a gradual change in the global economic situation.

Trump strongly supported cryptocurrency during the campaign and even mentioned making the United States a global center for Bitcoin, promising to include Bitcoin in a strategic reserve if elected.

However, Taiwan’s attitude toward cryptocurrencies is relatively conservative. How the central bank and the Financial Supervisory Commission should respond to Bitcoin and the future development of the crypto market has become the focus of attention.

Central Bank’s View on Bitcoin

The Financial Supervisory Commission today (14th) reported to the Legislative Yuan Finance Committee on the possible future impact of new U.S. President Trump’s return to the New Deal on Taiwan’s economic and financial stability and response measures.

what happen?

During the 2024 U.S. presidential election, the encrypted prediction market platform Polymarket became a popular platform for many bettors, with more than $3.7 billion in funds betting on the "2024 presidential election results" market.

On November 13, the FBI raided Polymarket founder and CEO Shane. Shayne Coplan's New York residence and his cell phone and electronic devices were seized.

A Polymarket spokesperson responded to the raid saying that the action was "obvious political revenge" by the current U.S. government against Polymarket because Polymarket accurately predicted the results of the 2024 U.S. presidential election.

what happen?

Asset management company BlackRock launched the first tokenized fund product BUIDL on Ethereum in March, which uses blockchain technology to "tokenize" traditional fund products so that these tokens can be freely traded on the blockchain. Transaction, transfer. Now BlackRock has announced that in addition to Ethereum, the product will also be launched on the Aptos, Arbitrum, Avalanche, Optimism and Polygon blockchains.

As the largest tokenized fund on the chain, BUIDL focuses on investing in U.S. short-term Treasury bonds and other similar low-risk assets, with assets under management reaching US$520 million.

First of all, I have to apologize to fellow Taoist friends. Last week, in the article "I invested in He Jinli Shengxuan Coin and lost two dollars in Polymarket", regarding how Polymarket determines the outcome of the issue, I relied too much on my memory, did not read the book well, and the information contained bugs. Details will be explained in this article.

This Friday (11.15) from 17:30 to 19:00, I will drift to the Prince’s Bookstore to play. Welcome to come and chat and buy books.

[Thanksgiving Offer] Anyone who becomes a "Daoyou Pro" with an annual fee will receive a signed version (Wealth Liberalism: The Multiverse of Money) worth 20 mg in addition to DHK airdrops, exclusive chat groups and many other benefits. (Blockchain Sociology: Reimagining Money, Media and Democracy) e-book + paper book set, while supplies last.

what happen?

Stablecoin issuers Tether’s USDT and Circle’s USDC supplies have grown by a combined $5.4 billion over the past week as demand for crypto liquidity surges following the U.S. election.

The growth of stablecoins represents a large inflow of capital into the crypto-economy and investor demand for digital assets.

Tether, the world's largest stablecoin issuer, launched the open source "Wallet Development Kit (WDK)" on November 11 to help enterprises and developers more easily integrate non-custodial digital wallets into websites or applications, further promoting the popularity of cryptocurrency. Adoption at scale.

what happen?

US President-elect Trump appointed Musk to co-lead the newly established "Department of Government Effectiveness (DOGE)", and the English abbreviation of the department has the same name as Musk's favorite "Dogecoin".

The main task of DOGE is to streamline the structure of the federal government and cut unnecessary expenditures and cumbersome regulations.

With Trump announcing the establishment of the "DOGE" department, the recent surge in Dogecoin may once again arouse heated market discussions and become the focus of investors.

What should the “DOGE” department that collides with Dogecoin do?

U.S. President-elect Donald Trump recently announced that he will appoint Tesla CEO Elon Musk and former Republican presidential candidate Vivek Ramaswamy to jointly Lead a newly established "Department of Government Efficiency".

The ups and downs of the currency circle: from a pile of air to $89,000

The world of Web3 is partying every day.

Late last night, people were sighing at the depression of "Double Eleven" while exclaiming at the soaring price of Bitcoin. As of last night, Bitcoin rose above 89,000 USDT, a level never seen before in history.

This is the seventh year since Web3 emerged on a large scale in China.

People like to use the term "seven-year itch" to describe changes in a relationship. As for the Web3 world, the past seven years have been the seven years in which it has almost gone from a niche to a relatively popular one in China, and has been widely discussed and debated.

What happened?

Bloomberg's senior ETF analyst predicts that the total asset size of the U.S. Bitcoin ETF could surpass that of gold ETFs in the next two months.

Investors are optimistic about the inflow of funds into Bitcoin-related products, mainly due to Trump's (Donald Trump) victory, the Federal Reserve's interest rate cuts, and the next U.S. Congress being seen as more supportive of cryptocurrencies.

Following this wave of optimism and rising prices, more cryptocurrency ETFs may be launched in the coming week, including Ripple (XRP), Solana (SOL), and Cardano (ADA).

The total asset size of U.S. Bitcoin ETFs will surpass that of gold

Gold on the blockchain: What is XAUt? International gold prices have risen 35% in a year, why are some calling for a return to the 'Gold Standard'?

🔥XREX discount code below🔥

There’s also gold on the blockchain, not only safely stored in bomb-proof vaults in Switzerland, but also with a pure history and quality! In the second episode of the special feature series 'Understanding Real World Assets (RWA) through Tokenized Gold', we will take a deep dive into tokenized gold Tether Gold (XAUt).

Wayne Huang, co-founder and CEO of XREX, discussed in this episode that XREX's newly listed token XAUt is a very competitive and unique tokenized gold. XAUt is a stablecoin launched in collaboration with Tether, the world's largest stablecoin issuer, and TG Commodities Limited, a UK precious metals trader, which is tied to the value of gold, with each XAUt backed by corresponding physical gold reserves.

What happened?

Bitcoin broke the $85,000 mark after Trump won the U.S. presidential election, setting a new historical high, reigniting market expectations for Bitcoin to break $100,000 by the end of the year.

Bitget Research analyst Ryan Lee stated that the results of the U.S. election have strengthened investors' bullish sentiment, while the open interest in the futures market and the volatility in the derivatives market further suggest that Bitcoin will experience significant price fluctuations. Additionally, the regulatory benefits brought by Trump and the Republican Party regaining power have also injected confidence into the cryptocurrency market.

Summary of key points

With the rapid development of artificial intelligence technology, it is becoming increasingly difficult to identify humans and AI in digital environments. This need to prove human identity led Tools for Humanity to develop the technology and infrastructure.

World ID is a digital identity infrastructure designed to prove that users are human. It uses zero-knowledge proof technology to confirm identity without revealing personal information.

In addition to basic authentication, World ID also operates as a digital identity platform. It supports SDK integration and optional authentication, making it useful in multiple industries.

What happened?

An anonymous NFT (non-fungible token) investor 'John.weth' publicly revealed the interface of the new version of the NFT trading platform OpenSea for the first time on X, and disclosed that the platform will soon introduce an 'XP' point system.

In addition to the XP point system, OpenSea's interface has also been revamped to provide users with clearer information and cater to the needs of advanced traders.

Foreign media (The Block) believes that the launch of the XP point system 'may' indicate that there will be a token airdrop in the future.

The new version of OpenSea introduces the 'XP point system'

Devin Finzer, CEO of the well-known NFT (non-fungible token) trading platform OpenSea, stated in early November that the company's team is planning a new version of OpenSea to be launched in December, with adjustments equivalent to 'starting from scratch'.

Opinion articles present diverse opinions and do not represent the stance of (WEB3+).

The ultimate evolution of crypto wallets?

After Ethereum launched ERC-4337, EIP-3074, and EIP 7702, we are witnessing the user experience (UX) and account structure of EVM wallets gradually moving towards the culmination of a unified account based on smart accounts.

Crypto wallets can take the form of: third-party wallet extensions, super applications, specific applications, or embedded wallets.

Regardless of the form, they face the fragmentation experience of users switching back and forth between different wallets and chains. This kind of switching poses a significant barrier for new users and can also be a hassle for experienced users.

What happened?

On November 10, Bitcoin's price broke through the $81,000 mark, and the Crypto Fear and Greed Index rose to 78 points, entering the 'extreme greed' zone, the highest point since April of this year, indicating continued optimism in market sentiment.

The price of Bitcoin continues to rise, with a significant increase in interest in 'Bitcoin' searches on Google. Many companies and countries, such as MicroStrategy, Bhutan, and El Salvador, that have long-term investments in Bitcoin have also seen considerable returns recently.

With the Bitcoin halving event occurring in 2024 and Donald Trump being elected as President of the United States, the market expects a strong easing of future cryptocurrency policies, leading to a significant rise in sentiment indicators. Analysts predict that before Trump's inauguration on January 20, 2025, Bitcoin may have even more room for price increases.

Bitcoin Market Report

Bitcoin Magazine Pro published a review of Bitcoin in October, discussing some key topics including the decline in Bitcoin's exchange balances, ETF inflows exceeding $5 billion, and optimistic forecasts that could redefine Bitcoin's value in the coming quarter. Below are the report details.

Key Highlights:

On-chain analysis of Bitcoin: Exchange balances are at historic lows, indicating growing confidence among holders, with more choosing self-custody.

Surge in Bitcoin ETFs: Inflows of over $5.4 billion in October, with BlackRock's IBIT leading the market. This reflects the increasing acceptance of Bitcoin in mainstream financial markets.

Opinion articles present diverse opinions and do not represent the position of (WEB3+)

Net zero emissions by 2050 a global goal

Everyone is aware of climate change in recent years. Environmental issues that have been advocated by people and groups from all walks of life for many years have now been implemented and incorporated into national security policies by governments. "2050 Net Zero Emissions" has been set as a common goal for 130 countries around the world. Policy amendments and the "General Description of Taiwan's 2050 Net-Zero Emission Path and Strategy" announced two years ago have established the country's future implementation direction on this issue.

Among the 12 key strategies, green finance has also been included. For example, the green finance action plan proposed by the Financial Supervisory Commission, from 1.0, 2.0, 3.0 to the recently announced green and transformation finance action plan, all pointed out that through financial market forces, As enterprises pay attention to the importance of net-zero transformation and responding to climate change, many industries are also exploring the efficient and immutable data exchange characteristics of blockchain to build a future green supply chain financial service platform.