ChainCatcher news, Federal Reserve Chairman Powell: The Federal Reserve is committed to completing the task of controlling inflation. A strong economy allows the Federal Reserve to make decisions cautiously.

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, the dYdX Foundation stated that the dYdX community has voted to reduce trading rewards by 44%. Additionally, it has approved the transfer of 45 million DYDX from the community treasury to an account controlled by the dYdX Treasury SubDAO for the implementation of the staking program, and approved community signers to serve as directors of the Cayman Foundation.

ChainCatcher news, according to data from the election forecasting organization DECISION DESK HQ, predicts that the Republican Party has gained control of the House of Representatives, with the current prediction showing that the Republicans have secured 218 House seats, becoming the majority party in the House; the Democratic Party currently holds 209 seats. According to predictions from several media outlets, the Republican Party has also gained control of the Senate.

ChainCatcher news, according to CoinDesk, given that the Republican Party flipped multiple seats in Tuesday's presidential election and regained control of the Senate, the feasibility of Trump fulfilling his promise to "fire the current SEC chairman" is quite strong, as his proposal could easily pass a Senate vote, and a new chairman could potentially take office within a few months.Additionally, understanding Trump's plans, Gensler may also choose to resign before the new president takes office in January. If this happens, President Biden will appoint an interim chairman from the remaining Democratic commissioners until Trump is inaugurated, after which Trump will appoint a new interim chairman.

ChainCatcher news, according to The Block, based on the prediction of Standard Chartered analyst Geoff Kendrick, if the Republican Party successfully controls both houses of the U.S. Congress, the market capitalization of cryptocurrencies could reach $10 trillion by the end of 2026, a 300% increase from the current $2.7 trillion.Kendrick believes that a Republican-led government may bring friendly policies, such as easing regulations on stablecoins and adopting a more lenient stance at the U.S. Securities and Exchange Commission, which would be significant positives for Bitcoin reserves and more. Additionally, areas such as crypto gaming, tokenization, and decentralized IoT are expected to benefit from a more favorable policy environment.

ChainCatcher news, according to Bloomberg, Zhao Changpeng reflected on his forced departure from Binance and his four-month imprisonment during an interview. During that time, he passed the time by exercising, writing a book, and discussing cryptocurrency with his cellmates. CZ stated, "I feel like I don’t want to go back to being the CEO of Binance. I have led the company for seven years. I really enjoy this job. Although it is a heavy workload. But I think that chapter is over."In addition, Zhao Changpeng mentioned that he even received offers to sell his stake in the exchange—these stakes constitute a large part of his personal net worth, but he refused to disclose who the buyer was or the price.Zhao Changpeng declined to comment on the U.S. elections but expressed satisfaction with the direction of X (formerly Twitter).Zhao Changpeng stated, "I think after Musk took over, Twitter has developed much faster. It has launched new features, and the pace of change has accelerated significantly. I’m not too worried about the fluctuations in investment value. We are long-term investors."

ChainCatcher news, "Fed's mouthpiece" Nick Timiraos wrote that Federal Reserve officials are now facing a question of whether the election results will lead to meaningful changes in economic demand or inflation, thus requiring a different policy path.Timiraos stated that officials will not change their policy stance until they understand the reform proposals of President-elect Trump regarding taxes, tariffs, and immigration. However, if the Republicans also gain control of both houses of Congress, they may begin to revise some fundamental assumptions at the December meeting. (Jin Ten)

ChainCatcher news, according to statistics from the "Congressional Report," Trump will successfully be elected as the 47th President of the United States in the 2024 presidential election by obtaining 270 electoral votes.In addition, the Republican Party has secured a majority in the Senate, successfully controlling it; in the House of Representatives, the Republican Party currently holds 187 seats, while the Democratic Party holds 161 seats, and the Republican Party is expected to control both chambers in this election.

ChainCatcher news, in the U.S. presidential election, the Republican Party has taken control of the U.S. Senate.The Associated Press predicts that Republican control of the Senate may crush progressive hopes for a significant increase in the U.S. tax burden, taxing corporations and the wealthy, as the trillions of dollars in provisions from the 2017 tax law are set to expire at the end of next year.

ChainCatcher news, according to the Associated Press, wealthy former car dealer and far-right Republican Bernie Moreno defeated three-term Ohio Democratic Senator Sherrod Brown, giving the Republican Party enough seats to control the U.S. Senate, unless the Democrats unexpectedly win another competitive race.Moreno's victory also led to the downfall of the last Democratic statewide officeholder in Ohio, which has now become a reliable "red state."

ChainCatcher news, according to the Associated Press, the Republicans have secured 50 seats in the Senate, with a 99% chance of flipping control of the Senate.According to Reuters, the Republicans have gained control of the U.S. Senate, ensuring at least a 51-49 majority with victories in West Virginia and Ohio. This outcome will enable Trump, if he wins the presidential election, to nominate conservative judges and officials, or block Kamala Harris's agenda if she wins.In the House elections, control remains uncertain. The Republicans gained three seats in North Carolina's redistricting, while the Democrats won a newly drawn majority-Black district in Alabama. The Democrats need to flip at least six seats to gain control of the House. Meanwhile, Delaware elected its first openly transgender congressperson, Sarah McBride.In the Senate, media predicts that Democrat Angela Alsobrooks will win in Maryland, and Lisa Blunt Rochester will be elected in Delaware, marking the first time the Senate will have two Black women serving simultaneously.

ChainCatcher news, according to Bloomberg, the battle for control of the U.S. Congress has surpassed $10 billion, as the two major parties vie for significant influence over taxes, spending, and the implementation of the next presidential agenda. According to data from OpenSecrets, this astonishing historic figure is eye-catching, exceeding the intense spending of presidential elections.This massive funding reflects enormous interests. Control of Congress is crucial for economic policy. The 2017 tax law will expire next year, and trillions of dollars in tax provisions will face re-examination. The Senate can block the appointment of key financial industry regulators. Legislative battles over prescription drug prices, cryptocurrency regulation, energy, artificial intelligence, and social media are brewing.

ChainCatcher news, according to official sources, OKX's copy trading has officially launched the spot smart copy trading mode, aimed at simplifying the copy trading process and achieving profitable copy trading easily and efficiently.With OKX's spot smart copy trading mode, users do not need to set complex parameters; they can simply set the investment amount and perform spot copy trading with one click, completely leaving the management of position risk and returns to the trader, achieving synchronized risk control.In addition, the smart copy trading also implements a fund isolation feature, isolating manual trading from copy trading, reducing the impact of copy trading on manual trading.

ChainCatcher message, the official account of Truth Terminal replied "liar" under the statement of founder Andy Ayrey's account recovery, suggesting that Andy's account may still be under hacker control. Previously, Andy's account posted that it had regained control from the hackers, but it again published a suspicious wallet address, attempting to lure users into transferring funds.

ChainCatcher message, Musk retweeted a tweet about "the largest donors' contributions to Trump and Harris" with the statement, "Google and Microsoft control almost 100% of the online search market."According to the donation image data, as of September 2024, Harris's main campaign committee ranks the top contributors in the 2024 election cycle as follows:Google ranked first with $1.4642 million;Microsoft ranked second with $743,000.