ChainCatcher message, the Chief Investment Officer of Goldman Sachs Private Wealth stated: "We do not recommend investing in cryptocurrencies as an asset class."

ChainCatcher news, according to market news, Robinhood's Chief Legal Officer Dan Gallagher stated that he will not serve as the chairman of the U.S. Securities and Exchange Commission.

ChainCatcher news, according to official sources, Binance has announced a new batch of executives for its compliance team, including:Former PayPal executive Todd McElduff as Director of Corporate Compliance;Former Kraken Head of Risk and Compliance and UK Chief Compliance Officer Lana Sinelnikova as Director of Business Compliance and Enterprise-Wide Risk Assessment (EWRA);Former cryptocurrency professional investigator and trainer Céline Inial as Special Investigation Expert for the French market;Caner Akyürek, who held senior positions at Europol, as Special Investigation Expert for Turkey;Former HSBC Hong Kong Wealth and Private Banking Senior Compliance Manager Pauline Chan as Regulatory Audit and Examination Compliance Expert for Binance's Global Audit Issues Management Team.

ChainCatcher news, according to an official announcement, SEC Chairman Gary Gensler will resign on January 20.The announcement mentioned that in the last full fiscal year, although the cryptocurrency market accounted for less than 1% of the U.S. capital markets, 18% of the tips, complaints, and referrals received by the SEC were related to cryptocurrencies. Courts have supported the Commission's actions to protect investors and dismissed all arguments regarding the SEC's inability to enforce the law when issuing securities—regardless of the form of the securities issuance.It is reported that Trump's presidential term will also begin on January 20.

According to ChainCatcher news, on the website of the Central Commission for Discipline Inspection and National Supervisory Commission, Yao Qian, former director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission and former director of the Information Center, has been expelled from the Party and public office due to serious violations of discipline and law. Investigations show that Yao Qian used regulatory power to seek benefits for specific technology service providers, involving money-for-power transactions related to virtual currencies, and illegally accepted huge amounts of property.In addition, he also violated the spirit of the Central Eight Provisions by improperly accepting valuable items, accepting banquets, and engaging in irregular operations in employee recruitment and investment shares. After research and decision by the Party Committee of the China Securities Regulatory Commission and relevant disciplinary inspection and supervision departments, Yao Qian has been subjected to serious penalties, and issues involving suspected criminal activities have been transferred to the procuratorial organs for legal review and prosecution.Previous report indicated that Yao Qian was suspected of serious violations of discipline and law, and had previously undergone disciplinary review by the disciplinary inspection team stationed at the China Securities Regulatory Commission and supervisory investigation by the Shantou Municipal Supervisory Committee in Guangdong Province.It is reported that Yao Qian was the first director of the Digital Currency Research Department of the People's Bank of China (CBDC) and was named one of the most influential figures in the blockchain field by Coindesk in 2017. He has published multiple research articles on blockchain technology, digital currency, and Web 3.0, and co-authored the book "Web 3.0: Changes and Challenges of the Next Generation Internet."

ChainCatcher news, Gemini co-founder Cameron Winklevoss believes that the initiatives of the Department of Government Efficiency (DOGE) are crucial in combating inflation, the "silent tax."It is reported that DOGE proposed to eliminate government waste and combat inflation in the United States. Last month, the inflation rate in the U.S. rose by 2.6% year-on-year, slightly higher than in September.Winklevoss emphasized the importance of addressing rising prices, stating that it imposes a disproportionate burden on low-income Americans, and he believes that these measures by DOGE are essential for achieving economic fairness and sustainability.

ChainCatcher news, Professional Capital Management founder and CEO Anthony Pompliano posted on the X platform that the more the U.S. talks about a Bitcoin strategic reserve, the greater the opportunity for other countries to get ahead, so a U.S. Bitcoin strategic reserve must be established within 30 days of Trump's inauguration.

ChainCatcher News, U.S. President-elect Donald Trump stated on the 14th local time that he will nominate Robert F. Kennedy Jr. as the Secretary of Health and Human Services (HHS). (CCTV News)During the 2024 presidential campaign, Robert advocated for establishing a Bitcoin strategic reserve to stabilize the dollar and exempt capital gains tax on Bitcoin profits, and a portion of his personal wealth is also invested in Bitcoin. Trump stated in his announcement that Kennedy will "make America healthy again" and is committed to eliminating corruption in industrial food and pharmaceuticals.

ChainCatcher news, according to DLNews, Kraken's strategy chief Thomas Perfumo expects that the inflow of funds into cryptocurrency ETFs will double to $50 billion by 2025. He stated that "ultimate allocation institutions" such as sovereign wealth funds, endowments, and pension funds will gradually enter the market next year, and large asset management institutions have begun to consider allocating 1% to 3% of their investment portfolios to crypto assets.Data shows that the total amount of Bitcoin held by 11 Bitcoin ETF issuers has exceeded $90 billion, accounting for more than 5% of the total Bitcoin supply. The participation of mainstream asset management institutions like BlackRock and Fidelity has not only reduced investment costs and risks but also enhanced the market recognition of crypto assets.Perfumo further pointed out that Trump's victory in the U.S. election has injected confidence into the market. Trump previously promised to establish a Bitcoin strategic reserve, fire SEC Chairman Gary Gensler, and promote stablecoin legislation.

ChainCatcher news, according to CNN, Trump's ally Sergio Gor has been appointed as the director of the Presidential Personnel Office, managing a super political action committee aligned with Trump during this election cycle.

ChainCatcher news, according to AXIOS website, after Trump takes office in the White House, his wife Melania Trump may not follow him back to Pennsylvania Avenue (the White House).

ChainCatcher news, according to Fox News, on November 13 local time, U.S. House Speaker Mike Johnson, a Republican, was nominated by the Republican Party to continue serving as Speaker of the House in a vote that day. He will face a full House vote in January next year.

ChainCatcher news, Crypto.com has hired Manuel Del Aguila Barbero as the Global Growth Officer.Manuel Del Aguila Barbero has spent nine years at IG Group, a global leader in derivatives trading. At IG Group, he served as the Global Acquisition and Media Director as well as the Head of Client Acquisition Operations. Under his leadership, IG Group launched strategic initiatives aimed at attracting new customers, optimizing media investments, and increasing revenue, while solidifying the company's leading position in the digital trading space.Del Aguila Barbero stated, "With the 2025 product roadmap, Crypto.com is poised for significant growth in the next 12 months and beyond, including new product offerings and expansion into TradFi, derivatives, and banking. I am very excited to join the talented team at Crypto.com to help drive ongoing global innovation and growth."

ChainCatcher news, investment giant Pimco's Chief Investment Officer stated that Trump's economic plan could "add fuel to the fire" for the U.S. economy, forcing the Federal Reserve to stop cutting interest rates, thereby reversing the rise of U.S. stocks after Trump's victory. (Jin Ten)

ChainCatcher news, according to CNBC, Fadi Aboualfa, the research director of cryptocurrency custody company Copper.co, believes that by January 20, 2025, when Trump takes office, the price of Bitcoin could reach $100,000. He added that this increase "is occurring against a backdrop of a weak dollar, which is different from the strong dollar environment today." Given that Bitcoin exchange-traded funds currently hold about 1.1 million Bitcoins, the momentum in the coming months could be positive.In addition, Jag Kooner, the derivatives director of cryptocurrency exchange Bitfinex, stated that while it is difficult to predict the price of Bitcoin, the target of reaching $100,000 in a few months "doesn't seem too far-fetched." He further noted, "Given the bullish momentum, coupled with the fact that the economy is avoiding recession, we expect limited downside for Bitcoin at this time. The $100,000 target looks very reasonable."

ChainCatcher news, according to Jinshi reports, the Trump team is considering listing Robinhood's Chief Legal and Compliance Officer Dan Gallagher as a candidate for the Chairman of the U.S. Securities and Exchange Commission.

ChainCatcher news, Ripple CEO Brad Garlinghouse posted on X congratulating Trump on winning the 2024 election and listed the priorities for the first 100 days of the Trump administration, calling for a reshaping of the U.S. SEC and clarifying cryptocurrency regulation, specifically including:Dismiss SEC Chairman Gary Gensler and appoint Giancarlo, Brooks, or Gallagher to replace him;Push the Senate to pass the Digital Asset Market Structure Act;Clarify whether ETH is a non-security like XRP and BTC.

ChainCatcher news, Nansen CEO Alex Svanevik tweeted that Nansen will establish an office in the United States in 2025.