ChainCatcher message, author of the newsletter "Crypto is Macro now" Noelle Acheson stated that the difficulty in breaking through $100,000 may lead traders to believe that the peak has been reached and that profits should be locked in now, but any such episode should be "short-lived."Since Trump's victory in the U.S. presidential election, Bitcoin has seen a decline this week, following the failed attempt to hit $100,000, and the speculative frenzy in the cryptocurrency market seems to be starting to cool down.

ChainCatcher news, according to informed sources, President-elect Trump is considering a reshuffle of the leadership of the Federal Bureau of Investigation (FBI), including the dismissal of the FBI Director.Informed sources revealed that Trump is considering appointing former FBI agent and former Michigan Congressman Mike Rogers as the next FBI Director, while appointing former federal prosecutor Kash Patel as the Deputy Director of the FBI.

ChainCatcher news, according to Jin Shi reports, sources familiar with the matter revealed that U.S. President-elect Donald Trump has proposed selecting financier Kevin Warsh as his Secretary of the Treasury, but there is an understanding that Warsh may be nominated to lead the Federal Reserve when Jerome Powell's term as Chairman ends in 2026.Some insiders said that Trump discussed possible arrangements with Warsh at his private club Mar-a-Lago in Florida on Wednesday. Warsh is a leading candidate to head the Treasury Department, but as of Thursday evening, Trump has not yet decided who to choose for this key cabinet position. Sources familiar with the situation stated that Trump is still weighing how to handle the vacancy for the Federal Reserve Chair position and may wait until Powell's term ends in May 2026 to make a final decision.Some of these individuals said that Trump is considering appointing investor Scott Bessent to lead the National Economic Council, and if Warsh becomes the Federal Reserve Chair, Bessent would be nominated for Secretary of the Treasury later in his term.

ChainCatcher news, according to sources cited by CoinDesk, Trump is considering appointing blockchain-savvy lawyer Teresa Goody Guillén as the SEC chair. (ibtimes)

ChainCatcher news, according to Cointelegraph, rumors have begun circulating on social media about Ripple Labs CEO Brad Garlinghouse's recent meeting with incoming President Trump, as the company and Garlinghouse face criticism from industry executives. In response to these rumors, former Messari CEO and founder Ryan Selkis commented, "Brad Garlinghouse is vigorously promoting the deployment of XRP and CBDCs." Riot Platforms Vice President of Research Pierre Rochard retweeted Selkis's comment.Rochard agreed with Selkis's view and wrote, "We cannot allow Ripple to influence U.S. policy-making with their anti-Bitcoin agenda," and expressed hope that Trump would appoint more Bitcoin supporters to his administration. It is rumored that Garlinghouse's meeting with Trump was one of the catalysts for the recent rise in XRP.When appearing on Fox Business recently, Garlinghouse neither confirmed nor denied the rumors of a meeting with Trump. However, he expressed confidence in the future of the crypto industry under Trump's administration. He also stated that he was not surprised by the positive reaction of the crypto market following Trump's victory on November 5. Garlinghouse pointed out that SEC Chairman Gary Gensler's hostility towards the industry is a major driving force suppressing U.S. crypto projects.

ChainCatcher news, according to the Financial Times, Musk's SpaceX and xAI will achieve a valuation leap of billions of dollars through a new deal. According to insiders, Musk's artificial intelligence startup xAI has raised $5 billion, reaching a valuation of $45 billion, nearly double its valuation from a few months ago.According to insiders, SpaceX is preparing to launch a tender offer in December, selling existing shares of the company at about $135 per share. This would push the rocket manufacturer's valuation above $250 billion.

ChainCatcher news, according to Bloomberg citing informed sources, the stablecoin payment company BVNK, backed by Tiger Global, is in preliminary financing talks with potential investors, aiming to raise at least $50 million. The valuation and specific amount of this round of financing may change during negotiations.BVNK's financing plan comes shortly after payment giant Stripe acquired a significant player in the stablecoin payment sector, demonstrating venture capital firms' continued optimism about the stablecoin payment space.

ChainCatcher news, according to NBC News reports, two insiders revealed that since Election Day, Musk has been frequently appearing at Trump's home in Palm Beach, Florida—Mar-a-Lago, where he has been almost constantly with Trump, participating in calls and meetings. He continuously expresses his views on Trump's second term, even crossing some boundaries with Trump's transition team, giving the impression of "staying too long."These two insiders indicated that Musk's frequent appearances have begun to irritate some members of Trump's inner circle, who entered Trump's circle earlier than Musk and feel that he is overstepping during the transition. One of the individuals stated, "He acts like a 'co-president' and spares no effort to let everyone know it. He has been taking credit for Trump's victory, boasting about America PAC and X to anyone willing to listen, trying to make Trump feel indebted to him, while Trump never owes anyone a favor."Insiders revealed that some of Trump's advisors are concerned that Musk does not understand that a key to functioning in Trump's world is to maintain a low profile, and Musk's involvement is too aggressive, which could undermine his position in the long run. The second insider also stated that Musk seems to be pushing his own agenda rather than focusing on Trump's agenda.

ChainCatcher news, according to NBC News, two insiders revealed that since Election Day, Musk has been frequently appearing at Trump's Mar-a-Lago estate in Palm Beach, Florida, where he has been almost constantly with Trump, participating in calls and meetings. He continuously expresses his views on Trump's second term, even crossing some boundaries of Trump's transition team, giving the impression that he seems to be "staying longer than necessary."These two insiders indicated that Musk's frequent appearances have begun to irritate some members of Trump's inner circle, who entered Trump's circle earlier than Musk and feel that he is overstepping during the transition. One of the individuals stated, "He acts like a 'co-president' and spares no effort to let everyone know it. He has been taking credit for Trump's victory, boasting about America PAC and X to anyone willing to listen, trying to make Trump feel indebted to him, while Trump owes no one any favors."Insiders revealed that some of Trump's advisors are concerned that Musk does not understand that a key to functioning in Trump's world is to maintain a low profile, and Musk's involvement is too aggressive, which could harm his standing in the long run. The second insider also noted that Musk seems to be pushing his own agenda rather than focusing on Trump's agenda.

ChainCatcher news, according to Bloomberg, informed sources revealed that the UK plans to start issuing digital government bonds within the next two years. Chancellor of the Exchequer Rachel Reeves is expected to announce a trial issuance of digital bonds during her speech at Mansion House in the City of London on Thursday. Traditionally, the Chancellor uses this forum to announce policies that support the financial sector.The new Labour government is working to modernize the financial markets and is currently utilizing blockchain technology to "tokenize" government debt, hoping that this move will make government bond trading faster and cheaper.Amid the digital transformation, the UK government is undertaking a £297 billion ($382 billion) borrowing plan, the second-largest borrowing plan in history, with sales expected to remain high in the coming years. Informed sources indicated that legislation may need to be submitted to Parliament to proceed with blockchain-based sales. The UK Treasury declined to comment.

ChainCatcher news, NFT trader john.weth shared information about the beta version of OpenSea V2 on his social platform.Related screenshots show that OpenSea V2 will update the UI and launch a loyalty program, allowing users to earn XP rewards. Additionally, the new version will provide retroactive rewards for long-time OpenSea users, but the "methods and extent of the rewards are yet to be determined."

ChainCatcher news, according to Cointelegraph, former Vice President of Global Marketing and Communications at Binance, Steve Milton, stated that Trump may reduce the U.S. government's regulation of the cryptocurrency industry. Trump has been outspoken about the need to reduce government intervention in people's lives and has consistently supported cryptocurrencies... Trump's victory, along with the Republican majority in the U.S. Senate, is a "historic achievement" for cryptocurrency regulation in the United States.

According to ChainCatcher news and Barron's, recently, Coinbase's global executives and directors approved a trading plan to sell shares of the cryptocurrency exchange platform worth over $900 million. Among them, three Coinbase executives and two directors will sell up to 5 million shares. Based on Friday's closing price of $182.88, these shares are valued at a total of $909 million. Company insiders adopt such plans to avoid being accused of bias due to possessing non-public information. The plan will automatically execute trades when specific conditions such as price, trading volume, and time are met. Coinbase disclosed the adoption of these trading plans in a filing submitted to the Securities and Exchange Commission on October 30. The plan is expected to start on November 18 and end no later than November 14, 2025.

ChainCatcher news reports that sources reveal venture capital firms will profit hundreds of millions of dollars from Stripe Inc.'s acquisition of the crypto platform Bridge for $1.1 billion in cash and stock.Institutions including Sequoia Capital, Ribbit Capital, Bedrock Fund Management, Index Ventures, and Haun Ventures have seen multiple returns on their investments in this startup. When Stripe agreed to acquire Bridge, it had been established for less than three years.Among them, Sequoia Capital holds a 16% stake in Bridge, potentially profiting over $100 million. It is reported that Sequoia Capital invested $19 million in Bridge's Series A funding round last year.Ribbit holds about 10% of Bridge, valued at approximately $100 million, while Bedrock and Index Ventures each hold about 6%, and Haun Ventures holds 4%. (Bloomberg)

ChainCatcher news, according to Decrypt, multiple informed sources have revealed that the Trump crypto project World Liberty Financial, which recently completed a $14 million token launch, is planning to issue a stablecoin. The project has appointed Paxos co-founder Rich Teo as the head of stablecoin and payment operations. The project is simultaneously developing multiple core components, with functionalities including the stablecoin set to be launched at the appropriate time.It is worth noting that if Trump wins the presidential election in 2024, the stablecoin issued by his business partners may face questions of conflict of interest. Currently, the largest stablecoin issuer in the U.S., Circle, holds $34.59 billion in assets to support its $34.37 billion USDC circulation. Meanwhile, Tether has achieved a record profit of $5.2 billion in the first half of 2024 and currently holds nearly $81 billion in U.S. Treasury bonds.

ChainCatcher news, according to two informed sources, Arjun Sethi, co-founder of venture capital firm Tribe Capital, is expected to be appointed as the co-CEO of cryptocurrency exchange Kraken, working alongside current CEO Dave Ripley.Sethi first invested in Kraken in 2019 and joined its board in 2021. According to one informed source, even after taking on the new role at Kraken, Sethi will retain his position as Chairman and Chief Investment Officer of Tribe Capital.Yesterday, Kraken announced plans to launch an L2 blockchain called Ink early next year.Previous news, on December 11, 2023, Arjun Sethi, CEO of venture capital firm Tribe Capital, has stepped down, with Boris Revsin as his successor. Arjun Sethi will serve as Chairman and Chief Investment Officer of Tribe Capital.

ChainCatcher news, according to DL News, Nigerian prosecutors withdrew criminal charges against Binance executive Tigran Gambaryan on Wednesday. Tigran Gambaryan has been detained in the African country since February.At the court hearing, a lawyer representing the Nigerian Economic and Financial Crimes Commission stated that Gambaryan could not be prosecuted for Binance's alleged illegal activities because he was merely an employee. Judge Emeka Nwite accepted the government's decision to withdraw the case. According to a source, Gambaryan has been released, but it is unclear whether he has reached the U.S. Embassy in Abuja.The EECC has not withdrawn money laundering charges against Binance, which denies any wrongdoing. The trial is set to begin in November.

ChainCatcher news, sources say that the AI startup Clay is seeking to raise funds at a valuation of $1.3 billion. Last June, the company completed a $46 million Series B funding round at a valuation of $500 million, led by Meritech.Clay supports revenue operations and growth teams to automate the expansion of potential customers. Its clients include Anthropic, Notion, Vanta, Ramp, and Intercom. (Business Insider)

ChainCatcher news, according to Coindesk, two people familiar with the matter revealed that Copper's CEO Dmitry Tokarev plans to step back from the company's day-to-day operations and resign from his position as CEO. One insider stated that Copper is looking for a successor.Dmitry Tokarev co-founded the company in 2018 and will remain deeply involved in its business. He is still a significant shareholder in the company. Recently, other executives have also left. Last month, founding partner and Chief Business Officer Boris Bohrer-Bilowitzki left to become the CEO of blockchain company Concordium. Mike Milner, the global revenue head who served at the company for five years, also left to join Concordium. Dmitry Tokarev has been at the helm of Copper since its establishment as a digital asset custody company focused on institutions. He graduated from Imperial College London with a degree in risk management and financial engineering.A Copper spokesperson commented in an email: "We do not comment on market rumors or speculation."