ChainCatcher news, according to Jinshi reports, since Trump won the election, the market has been in an absolute frenzy, but investors are questioning whether this sensational performance can continue after his inauguration.Analyst Brian Russ stated, "If we expect the deficit to widen and inflation to rise cyclically, then the appeal of bonds will decline compared to physical assets. This could be stocks, and of course, precious metals. I think Bitcoin and commodities will also be included in the discussion. You can see some price trends in commodities, driven partly by stories and partly by supply dynamics."Russ mentioned that ETFs may impact the traditional 60/40 investment portfolio, as more people are shifting from the bond market to alternative investments. "The 60/40 portfolio has always been 60% stocks and 40% bonds. Now people are looking for alternatives. Therefore, we may not allocate the entire 40% of investments to bonds. Perhaps gold and silver will take up a portion, and maybe Bitcoin will also occupy part of it." As these portfolio reallocations occur, it is expected that the trends of gold, Bitcoin, silver, and even some other assets will be favorable. He believes that fixed income will face headwinds, and we may currently be in the early to mid-stages of this situation.

ChainCatcher news, according to companiesmarketcap data, Bitcoin's market capitalization has risen to $1.758 trillion, surpassing silver ($1.732 trillion) and ranking as the 8th largest asset in the world by market capitalization.

ChainCatcher news, the crypto custodian BitGo has announced the hiring of former Silvergate Bank President Ben Reynolds as Managing Director and Head of US Dollar Standards. Ben will be responsible for overseeing the development of BitGo's US Dollar stablecoin, USDS, which is set to launch next year.Ben has over 25 years of experience in fintech, software, banking, and asset management. Most recently, Ben served as President of Silvergate Bank, where he oversaw the company's revenue growth and was a member of the executive team that expanded Silvergate into a publicly traded company in 2019.

ChainCatcher news, Coinbase's derivatives trading platform Coinbase Derivatives announced that it will launch silver (SLR) and Stellar (XLM) futures on November 11.

ChainCatcher news, Castle Island Ventures partner Nic Carter stated that the intervention of U.S. regulators forced Silvergate Bank to voluntarily liquidate, otherwise the bank could have survived. Carter pointed out that the Biden administration had previously required Silvergate to limit cryptocurrency deposits to 15%, or face severe consequences. This move is seen as "Kill Switch 2.0," which aims to undermine banks that support cryptocurrency through covert rules, weakening the industry's development.Carter also noted that Silvergate's decision to voluntarily liquidate instead of entering the FDIC receivership process is "questionable," a situation that has occurred only a few times in the past 30 years.Carter believes that Silvergate's collapse is more due to regulatory pressure than a liquidity crisis.

ChainCatcher news, according to official sources, the Trump Silver Commemorative Coin TRUMP COINS is officially on sale today, and the waitlist registration is now open. "This first edition silver coin is made from the highest quality materials, and it is not just a collectible, but a symbol of resilience, prosperity, and national pride."Previous news, former U.S. President Trump launched his first edition silver commemorative coin TRUMP COINS.

ChainCatcher news, according to Business Insider, billionaire Mark Cuban criticized Trump for issuing physical silver coins, calling it a betrayal of Bitcoin. Mark Cuban believes that Trump is clearly not committed to supporting Bitcoin, but is instead promoting poor investments.

ChainCatcher News, former U.S. President Donald Trump announced the launch of the first edition silver commemorative coin TRUMP COINS on his social media, which is said to be "minted in the USA" and is set to go on sale starting September 25. The main features of this silver commemorative coin include:Contains 1 ounce of .999 pure silverMinted in Indiana, USADesigned by Donald J. TrumpThe only officially authorized silver medal of Donald J. Trump on the marketThe front features the image of President Donald J. Trump, while the back features an image of the White HouseComes with a custom felt bag and certificate

ChainCatcher news, according to Financefeeds, the parent company of crypto-friendly bank Silvergate, Silvergate Capital, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for Delaware. The bankruptcy filing shows that the company's assets are between $100 million and $500 million, with liabilities between $10 million and $50 million. In March 2023, Silvergate Capital announced it would voluntarily liquidate its subsidiary Silvergate Bank, citing challenges in the banking industry due to rising interest rates and regulatory scrutiny following the bankruptcy of crypto exchange FTX in November 2022. Silvergate Bank was known for its close ties to the crypto industry, and its reputation and confidence among clients plummeted after the FTX collapse. In July of this year, Silvergate Capital reached a settlement with the U.S. SEC, the Federal Reserve, and the California Department of Financial Protection and Innovation (DFPI), agreeing to pay $63 million. The Federal Reserve stated that it has ended its enforcement action against Silvergate Capital after Silvergate Bank completed its liquidation plan, repaid deposits, and ceased banking operations.Previous news, the U.S. SEC has sued Silvergate Capital in a federal court, accusing it of securities fraud. The SEC stated that Silvergate misled investors about its banking secrecy policies, anti-money laundering compliance program, and poor financial condition following the collapse of FTX in 2022.

ChainCatcher message, spot silver has dropped 2% intraday, currently reported at $27.96 per ounce.

ChainCatcher news, according to an official announcement, the Federal Reserve Board announced on Friday the termination of enforcement actions against Silvergate Bank located in California and its holding company Silvergate Capital Corporation.Since May 2023, the Board's enforcement actions ensured that Silvergate Bank was liquidated and ceased operations in a manner that protected depositors. Since then, Silvergate Bank has completed its liquidation and shutdown plan, repaid all customer deposits, and is no longer operating as a bank.

According to CoinDesk, crypto-friendly bank Silvergate Bank's parent company Silvergate Capital Corp. has agreed to pay $63 million to settle with the U.S. SEC, the Federal Reserve, and the California Department of Financial Protection and Innovation (DFPI).It is reported that Silvergate was fined $43 million by the Federal Reserve and $20 million by California regulators. The SEC also imposed a $50 million fine, but it is expected that the total fines will not increase. The settlement agreement is still subject to court approval.

ChainCatcher news, according to Reuters, the U.S. Securities and Exchange Commission (SEC) has sued the crypto bank Silvergate Capital in a federal court, accusing it of securities fraud.The SEC stated that after the collapse of FTX in 2022, Silvergate misled investors regarding its banking confidentiality practices, anti-money laundering compliance program, and poor financial condition. Meanwhile, the bank failed to monitor nearly $9 billion in suspicious transfers related to FTX and its affiliated entities.It is reported that in March 2023, Silvergate, which entered the cryptocurrency space in 2013, decided to cease operations and voluntarily liquidate due to losses caused by the panic following the collapse of FTX.

ChainCatcher news, according to Jinshi reports, after the release of the CPI data, spot gold surged nearly 12 dollars in a short time, currently reported at 2325.5 dollars/ounce. Spot silver touched 30 dollars/ounce, up 2.50% for the day.

ChainCatcher message, the price of Bitcoin has surpassed $70,000, currently making it the ninth largest asset by market capitalization globally, ranking high among numerous listed companies and precious metals. Although Bitcoin's market cap exceeded that of silver in March, it must reach $84,740 per coin to match silver's current valuation of $1.67 trillion, as silver's market cap has now grown to $1.67 trillion. To surpass Apple's market cap, Bitcoin needs to reach a higher price, climbing to $151,210 per coin to exceed Apple's $2.98 trillion valuation. To surpass the world's largest company, Microsoft, with a market cap of $3.092 trillion, BTC needs to reach $156,895 per coin. As for gold, the gap is even larger, requiring a price of $800,100.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on the X platform that the size of silver ETFs is about 15% of gold ETFs, and the size of Ethereum ETFs may be similar to silver. Many people may not feel the need to go beyond Bitcoin/gold to allocate their cryptocurrency/precious metal portfolios.

ChainCatcher news, according to Cointelegraph, since Bitcoin reached its all-time high of $73,737 on March 14, silver has increased by 33.4%, while Bitcoin has decreased by 9.5%.Silver currently has a market capitalization of $1.828 trillion, which is about $500 billion higher than Bitcoin, whose current market capitalization is $1.322 trillion, making it the ninth largest asset by market cap globally. This means Bitcoin would need to rise by 40% to reach $93,000 in order to surpass silver's current market capitalization (assuming other factors remain constant).

ChainCatcher news, according to Jinshi Data reports, spot gold has risen above $2440 per ounce, continuing to set a new historical high, with a daily increase of 1%. Spot silver has surpassed the $32 per ounce mark, reaching an 11-year high, with a daily increase of 1.7%.

ChainCatcher news, the Abelian Foundation has announced that it will participate as a silver sponsor in the TEAMZ Web3/AI Summit held in Tokyo on April 13 and 14, 2024. Core team members of the foundation will attend at the main venue, Tokyo Toranomon Hills Forum, adjacent to the diamond sponsor booth. This booth provides all attendees with an opportunity to engage in in-depth discussions with the team, learn about quantum-safe blockchain technology, and obtain exclusive merchandise from Tokyo.It is reported that TEAMZ Tokyo is one of the largest and most influential events in Japan's Web3 industry, with this year's theme emphasizing the affinity between Web3 and artificial intelligence. Visit the official ticket shop and use Abelian's discount code "AB2024" to get a 10% discount on tickets for the TEAMZ Web 3/AI Summit 2024.Abelian: Quantum-safe privacy blockchain pioneers the blockchain security movement for the future of the entire Web3 ecosystem.Abelian Pro: A quantum-safe mobile cryptocurrency wallet that allows users to manage their own funds while providing different levels of privacy—such as complete privacy, pseudonymous privacy, etc. Abelian Pro will soon allow users to issue their own quantum-safe tokens, stablecoins, and NFTs through AUT (Abelian User Terms). The quantum-safe mobile wallet is available for download on the iOS App Store and Google Play Store.Mabel Pools: The official mining pool of the Abelian Foundation, supporting Windows, Linux, and HiveOS. Mining servers are strategically distributed across continents, allowing global miners to connect to the pool with low latency. It currently supports over 120,000 GPU cards. Mabel Pools accessible.The Abelian Foundation is supported by Draper Dragon and CLS Ventures and collaborates with well-known industry partners such as Hacken.As a pioneer in promoting future security standards, the Abelian Foundation strongly advocates for financial privacy and security innovation. The foundation recently announced that it will be listed on three exchanges soon and is preparing to promote to a wider audience.