ChainCatcher news, according to East Net, Victory Securities' Deputy COO Zhou Lele stated that Trump's victory and the Federal Reserve's interest rate cuts have injected new vitality into the cryptocurrency market and triggered a market frenzy. The consensus is an optimistic outlook on the virtual asset market after Trump's inauguration.Some institutions expect Bitcoin prices to continue to rise, with several analysts estimating that Bitcoin could break $100,000 by the end of the year, signaling a new prosperous period for the virtual asset market. The inflow of stablecoins into exchanges is about $4.5 billion, far exceeding the net inflow of $1.63 billion for Bitcoin exchange-traded funds (ETFs). The holdings of exchange contracts and CME contracts have both reached historical highs, and the surge in capital inflows may indicate more investment opportunities in the future.

ChainCatcher news, according to DefiLlama data, the total amount of stablecoins has increased by $7.334 billion since Trump won the U.S. presidential election (November 6), and the current total market capitalization of stablecoins has reached $181.022 billion, setting a new high since May 2022.

ChainCatcher news, according to the Associated Press, the Republicans have won enough seats to control the U.S. House of Representatives, achieving a comprehensive victory in the elections, ensuring their control over both chambers of Congress and the White House. The Republicans earlier gained control of the Senate.

ChainCatcher news, according to Bloomberg, Brazil's well-known hedge fund Verde Asset Management stated in a report to clients on Monday that the company established a small Bitcoin position before the U.S. presidential election voting on November 5, although the specific size of the position has not been disclosed.The fund is managed by industry veteran Luis Stuhlberger. Data shows that the company's main fund fell by 0.18% in October after fees. In contrast, the CDI interbank benchmark rate rose by 0.93% during the same period, and a basket of local hedge funds increased by 0.29%. So far this year, its performance has outperformed the Anbima hedge fund index by more than two percentage points.Verde currently manages assets of approximately 19 billion reais (3.3 billion USD), down from 20 billion reais a month ago.

ChainCatcher news, according to Jinshi reports, IG market strategists stated that Trump's election as President of the United States has directly led to a reduction in the expectation of Federal Reserve rate cuts before 2025. The potential "red wave" means there is little resistance to his tax cuts and spending plans, coupled with his stance on raising tariffs.The strategist said, "Overall, this could complicate the Federal Reserve's efforts to combat inflation, and we might expect the Fed to be more cautious in its future easing process, indicating upward pressure on yields and a stronger dollar." Traders now believe there is a 68% chance that the Federal Reserve will cut rates by 25 basis points in December, compared to about 83% before Trump's victory.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that in terms of community incentives, Manta's Gas Gain profit rebate program converts 50% of the Gas profits on the Manta Pacific chain into MANTA tokens to reward users. Additionally, the Manta Foundation has committed to distributing 10 million MANTA as extra rewards over the next four years, with more for the top 400 ranked users on the network.Furthermore, the Manta CeDeFi product serves as a bridge between DeFi and CeFi, aggregating multiple yield strategies from RWA, on-chain, and CEX, allowing users to enjoy diversified returns from both CeFi and DeFi by simply depositing BTC, ETH, or stablecoins.Victor revealed that the $50 million ecological fund established by the Manta Foundation has supported around 16 projects, including KiloEx, in just two months.The Manta community team places great emphasis on global expansion, especially in emerging markets in Southeast Asia. He is a founder who truly lives in Southeast Asian countries to support local community development.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, during the "DeInsight 2024" annual summit held in Bangkok Devcon, Manta Network co-founder Victor shared a keynote speech on "The First Layer2 Adopting MultiDA."Victor stated that Manta Network not only values on-chain data but also pays great attention to on-chain user behavior and use cases. The network has consistently ranked among the top three in the Layer2 market in terms of monthly active users. Data shows that Manta Network's monthly active addresses have exceeded 346,000, with average transaction fees as low as $0.0001 and daily transaction volume reaching up to 381,000.He then elaborated on the groundbreaking MultiDA (Multi Data DA Framework) technology introduced by Manta. By integrating multiple DA solutions such as EigenDA, NEAR DA, 0G, Nubit, and Dill, Manta has not only significantly enhanced the network's stability and resilience but is also the first Layer2 network to adopt the MultiDA architecture.He revealed that the Celestia DA layer has saved Manta over $12 million in costs.Video live stream link:https://www.youtube.com/live/tTVcUPumPysImage live stream link:https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, according to Bloomberg, recent investor enthusiasm for the cryptocurrency industry under the leadership of elected President Trump has sparked a wave of speculation, with a series of small cryptocurrencies outperforming Bitcoin, among which Dogecoin (DOGE) has risen by about 50% in the past five days.Additionally, ADA has increased by over 60% during this period, driven by discussions from Cardano founder Charles Hoskinson about plans to collaborate with Washington lawmakers on a podcast. Meanwhile, Polygon (POL), Cosmos (ATOM), Solana (SOL), and Algorand (ALGO) have all surpassed Bitcoin's approximately 7% increase over the past five days.BTC Markets Pty CEO Caroline Bowler stated, "A rising tide lifts all boats; Bitcoin's rapid increase has affected altcoins. The entire cryptocurrency industry is expected to be a net beneficiary of the Trump administration."

ChainCatcher news, Greeks.live researcher Adam posted on social media that the U.S. election ended with a landslide victory for Trump, and Bitcoin simultaneously broke through its historical high, driving multiple mainstream cryptocurrencies to surge. The market sentiment is currently very high. The crypto market is now independent of other markets, and often important fundamental turning points are first reflected in the crypto space. Last Friday's interest rate meeting decided to cut rates by 25 basis points, and the fundamentals of the rate-cutting cycle are supporting the investment market. The implied volatility (IV) of the current options at-the-money has already dropped below 60%, with strong selling pressure from sellers who are selling into the big market.The U.S. election ended with a Trump victory, and last Friday's interest rate meeting decided to cut rates by 25 basis points. The crypto market reacted strongly, with Bitcoin breaking through its historical high, and both funding rates and futures premiums showing strong bullish sentiment. In terms of options, the implied volatility (IV) of the current options at-the-money has dropped to 80%, with strong selling pressure from sellers who are selling into the big market. Currently, the short-term skew of Bitcoin has risen significantly, while the mid to long-term skew has decreased. The options market still needs to observe the movements of the whales.In the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently, with occasional high-interest orders of 20%. When encountering suitable interest rate orders, it is worth actively trading, especially during market movements.

ChainCatcher news, member of the International Financial Planning Association, Kuang Zishan, stated that the victory of Donald Trump in the U.S. presidential election has led to a rise in all asset classes related to the "Trump trade." It is expected that industries such as finance, defense, manufacturing, technology, and cryptocurrency in the U.S. will benefit.One highlight of the Trump trade is his historically friendly support for cryptocurrency. He has even stated that if he wins, he will establish a Bitcoin reserve for the U.S., indicating that Bitcoin, with Trump's backing, is likely to soar and reach new historical highs.Additionally, at the beginning of the year, the U.S. Securities and Exchange Commission announced the approval of Bitcoin ETFs, and in April, the Bitcoin halving occurred for the fourth time. Furthermore, a British pension consulting firm announced that the first pension fund in the UK will allocate Bitcoin. This shows that the future rise of Bitcoin is generally viewed positively by professional investment institutions, and it is anticipated that more professional investors will participate through overseas virtual asset spot ETFs, making it only a matter of time before more virtual asset policies are relaxed.

ChainCatcher news, the president of The ETF Store posted on platform X that the funds flowing into Bitcoin spot ETFs reached $2.3 billion in the past three days.Previously, some believed that it would be lucky enough to have $2 billion in funds flowing into Bitcoin spot ETFs for the entire year of 2024, but the result was that $2.3 billion flowed in just after Trump's victory.

ChainCatcher news, DefiLlama founder 0xngmi posted on the X platform stating that Trump won, Defillama user numbers increased by 40%, and user attention has turned back to DeFi.

ChainCatcher news, according to Decrypt, JPMorgan released a report stating: "We continue to believe that a Trump victory could have a similar impact to that of 2016 in the next eight weeks or so. While Bitcoin surged and gold fell due to Trump's victory, his policies may support both before 2025, as traders attempt to hedge against currency weakness and geopolitical headwinds, both gold and Bitcoin could benefit from 'devaluation trades'."