ChainCatcher news, HSBC economists Balboni and Wells suggest that the European Central Bank may abandon its more policy-restrictive stance at the next meeting, signaling a more open attitude towards future rate cuts. This would lay the groundwork for further rate cuts next year; however, given that policymakers have recently called for a gradual approach, a significant rate cut of 50 basis points in December seems unlikely. Nevertheless, if economic data continues to disappoint, or if inflation drops more rapidly in early 2025, it could indicate that the European Central Bank will accelerate rate cuts.

ChainCatcher news, Skybridge Capital founder Anthony Scaramucci tweeted that U.S. Vice President Kamala Harris has faced some criticism for not speaking at the Bitcoin conference, but Scaramucci pointed out that Trump referred to Bitcoin as a "scam" in 2022, and his administration also held a hostile attitude towards digital assets. Harris has an open stance on cryptocurrency and has not made decisions on crypto policy within the Biden administration. Harris has a strained relationship with Elizabeth Warren, and if Harris becomes president, Gary Gensler is expected to be fired, and Warren will be excluded from financial services matters. Scaramucci suggested maintaining bipartisan support for cryptocurrency to benefit the long-term healthy development of the ecosystem.Scaramucci believes that the attacks on Bitcoin within the Democratic Party mainly come from Elizabeth Warren and her supporters. It was a mistake for the Biden administration to hand financial services matters to Warren. Harris will take a more moderate stance on cryptocurrency. Although Trump now supports cryptocurrency, he did not study Bitcoin in 2018. Scaramucci called for giving Harris the same opportunity to formulate her own cryptocurrency policy, and her presidency will not continue Warren's anti-crypto stance.

ChainCatcher news, former president and leading Republican candidate for 2024 Donald Trump explicitly expressed his support for cryptocurrency on Truth Social, stating that he has a "positive and open attitude towards cryptocurrency companies and related industries," and emphasized that "our country must become a leader." He criticized Biden for wanting the crypto industry to "die a slow and painful death."