ChainCatcher news, according to Jinshi reports, Trump has nominated Pam Bondi for the position of U.S. Attorney General, after the previously nominated Matt Gaetz has withdrawn from the position.

ChainCatcher news, according to a trademark application submitted this week, the Trump Media & Technology Group has filed for a cryptocurrency payment service named TruthFi, describing it as a platform for crypto payments, financial custody services, and digital asset trading.The application does not detail how the project will operate, aiming to diversify its business beyond the social media platform Truth Social. Any large-scale crypto project will likely require the Trump Media & Technology Group to acquire another company, as it has fewer than 36 employees.

ChainCatcher news, according to Reuters, Trump's "Cryptocurrency Advisory Committee" is expected to establish a committed Bitcoin reserve.Two sources said that this crypto committee may be affiliated with the White House National Economic Council (which is responsible for coordinating and implementing the president's economic policy) or an independent White House agency.According to them and other industry insiders, the committee is expected to provide recommendations on digital asset policy, collaborate with Congress to advance cryptocurrency legislation, establish the Bitcoin reserve promised by Trump, and coordinate among various agencies including the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department. One source also indicated that the committee may include law enforcement representatives and former policymakers.

ChainCatcher news, Cardano founder Charles Hoskinson suggested Coinbase CEO Brian Armstrong as the best candidate for the proposed cryptocurrency policy position in Donald Trump's second administration. In a post on X on November 20, Hoskinson outlined the key qualifications for the "crypto czar," emphasizing neutrality, cross-protocol collaboration, and a solid grasp of the unique values of cryptocurrency. Hoskinson believes that Armstrong's leadership at Coinbase makes him an ideal choice. Under Armstrong's leadership, Coinbase has become the largest cryptocurrency exchange in the United States and one of the first publicly listed cryptocurrency companies:"Coinbase has grown to be one of the pillars of the cryptocurrency industry and has had to endure the unfair tactics of the government to impose regulation through enforcement. I know Armstrong can build a broad tent coalition to unite the entire industry and help us get the government to come together to take real action, including through new legislation."

ChainCatcher news, U.S. Senator Hagerty stated that he will support Trump's nominee for Secretary of Defense, Hegseth.

ChainCatcher news, according to The Block, Deenar co-founder Maruf Yusupov stated that the rapid rise of Bitcoin after Trump's victory in the U.S. elections may be reshaping traditional views on inflation hedging. Trump's focus on tax cuts, tariffs, and cryptocurrencies is driving interest in Bitcoin as a modern alternative to gold. With the acceleration of institutional adoption, a significant shift of capital from gold to digital assets may be observed.deVere Group CEO Nigel Green also mentioned that Bitcoin is increasingly being viewed as a tool for hedging inflation and diversifying portfolios, with institutional interest reaching historic highs and the infrastructure supporting mass adoption continuously expanding.Copper.co research director Fadi Aboualfa expressed a similar view, also emphasizing that the price trend patterns between spot Bitcoin and gold exchange-traded funds (ETFs) are becoming increasingly similar.

ChainCatcher news, European Central Bank board member Patsalides warned that if U.S. President Donald Trump follows through on his threatened trade tariffs, the European economy could ultimately fall into stagflation. The Central Bank of Cyprus governor stated in Nicosia on Thursday, "Trade tensions are escalating, and if trade restrictions become a reality, the result could be inflation, economic recession, or worse, stagflation."He noted that while there is room to continue lowering borrowing costs, it should be done "at a steady pace and magnitude."

ChainCatcher news, according to Jinshi reports, Bitcoin has been setting new records this month, breaking the $97,000 mark on Thursday. Investors continue to expect that the newly elected U.S. President Trump will usher in a "golden era" for cryptocurrencies, which will include more supportive regulations for the industry, as well as potential national strategic Bitcoin reserves.Data from BCA Research shows that Bitcoin is approaching the $100,000 mark for the first time, but it could potentially double thereafter. Analysts generally believe that the strong momentum of cryptocurrencies will continue, with Bitcoin expected to reach $200,000 by the end of 2025 and Ethereum reaching $10,000.Swan Bitcoin analyst Sam Callahan stated that Bitcoin's price continues to be driven by a series of factors, including improved liquidity conditions, increased institutional adoption, and a shift in the regulatory environment from headwinds to tailwinds. Another term for Trump also means larger budget deficits, potential for more inflation, and changes in the international role of the dollar—all of which will positively impact Bitcoin's price.

ChainCatcher news, Curve Finance stated that after Trump recently won the U.S. election, the crypto industry has experienced explosive growth, with key stocks like MSTR and COIN being reassessed, and Bitcoin approaching the $100,000 mark.Leverage demand has led to an increase in weekly revenue for the DAO, rising from an average of $268,000 before Trump's inauguration to $581,000 in the past week. The annual income currently allocated to veCRV holders is approximately $31 million, excluding income from voting incentives.

ChainCatcher news, Hargreaves Lansdown analyst Matt Britzman stated in a report that Trump's return to the White House has sparked hopes that the federal government will adopt a more favorable stance towards cryptocurrencies, further fueling the optimism that is already driving risk assets higher.He noted that investors are closely watching for signs of regulatory clarity, with speculation that SEC Chairman Gary Gensler may step down, paving the way for a more cryptocurrency-friendly approach.

ChainCatcher news, according to Kitco, macroeconomic expert and host of the Bitcoin podcast "Mark Moss Show," Mark Moss, stated that Trump positioning himself as the "Bitcoin President" could drive the U.S. to adopt a strategic Bitcoin reserve, which would trigger a "game" leading to other countries' "sovereign-level FOMO (fear of missing out)."Mark Moss mentioned that Senator Cynthia Lummis from Wyoming has proposed a bill to establish a strategic Bitcoin reserve, planning to add 200,000 Bitcoins annually until the total holdings reach 1 million. Under Trump's leadership, this plan is "very likely" to become a reality, "If the U.S. does this, G7 and G20 countries will be affected... Other countries have already started paying attention to this matter and begun purchasing Bitcoin, which has provided significant upward momentum for Bitcoin's price."

According to ChainCatcher news, Trump's team is reportedly discussing the establishment of a new position in the White House specifically responsible for cryptocurrency policy. This comes on top of previous reports that the Trump Media Group is negotiating to acquire the cryptocurrency trading company Bakkt, which has led to increased optimism about the prospects of the cryptocurrency industry under the Trump administration. Cryptocurrency concept stocks surged in pre-market trading, with MicroStrategy rising over 10%. As of the time of publication, Bitcoin is priced at $97,530, approaching the highly anticipated $100,000 milestone. The rise in Bitcoin has attracted a significant amount of liquidity, while Ethereum and altcoins generally declined.U.S. stock index futures fell across the board. As of the time of publication, Dow futures were down 0.15%, Nasdaq 100 futures were down 0.40%, and S&P 500 futures were down 0.29%.On Thursday, the Hong Kong stock market closed lower, with the Hang Seng Index down 0.53%, the National Enterprises Index down 0.79%, and the Hang Seng Tech Index down 1.24%. Market sentiment was generally weak. However, as Bitcoin approached $100,000 and continued to set new highs, cryptocurrency concept stocks performed actively, with BlueFocus Interactive rising over 54%, Boyaa Interactive rising nearly 17%, and OSL Group rising nearly 2%.

ChainCatcher news, Bitcoin has been setting new records this month, breaking the $97,000 mark on Thursday. Investors continue to expect that the newly elected President Trump will usher in a "golden age" for cryptocurrencies, which will include more supportive regulations for the industry, as well as potential national strategic Bitcoin reserves.Data from BCA Research shows that Bitcoin is approaching the $100,000 mark for the first time, but it could potentially double thereafter. Analysts generally believe that the strong momentum of cryptocurrencies will continue, with Bitcoin expected to reach $200,000 by the end of 2025 and Ethereum reaching $10,000. Swan Bitcoin analyst Sam Callahan stated that Bitcoin's price continues to be driven by a range of factors, including improved liquidity conditions, increased institutional adoption, and a shift in the regulatory environment from headwinds to tailwinds. Another term for Trump also means larger budget deficits, potential for more inflation, and changes in the international role of the dollar—all of which will positively impact Bitcoin's price.

ChainCatcher news, according to Bloomberg, sources familiar with the transition work revealed that President-elect Trump's team is discussing whether to establish a new position in the White House specifically responsible for cryptocurrency policy within the digital asset industry.Insiders say that Trump's team is reviewing candidates for this position. If established, this would be the first position in the White House dedicated to the cryptocurrency sector, highlighting the influence of the emerging industry on the new administration.It is currently unclear whether a senior White House position or a "crypto czar" will be established (a term used in Washington to refer to the person overseeing federal government policy and regulation). They stated that advocates from the crypto industry are pushing for this position to have a direct connection to Trump.

ChainCatcher news, according to Jinshi reports, Trump has nominated Matthew Whitaker as the U.S. Ambassador to NATO.

ChainCatcher news, according to Jinshi reports, a recent survey by foreign media shows that most economists expect the Federal Reserve to continue cutting interest rates next month. However, due to the policies proposed by incoming President Trump, which may lead to rising inflation, the expected rate cut in 2025 will be smaller than they anticipated a month ago.The policies planned by Trump, including raising tariffs and cutting taxes, have led to a nearly halved market expectation for the Federal Reserve's rate cut by the end of 2025, down to about 75 basis points. Market pricing indicates that the likelihood of a rate cut in December is now less than 60%.