On November 21, it was reported that Trump's team is discussing the establishment of a new position at the White House specifically responsible for cryptocurrency policy. This, combined with previous reports that Trump's media group is negotiating the acquisition of cryptocurrency exchange Bakkt, has made people more optimistic about the future of the cryptocurrency industry under the Trump administration. Concept stocks related to cryptocurrency soared before the market opened, with MicroStrategy rising more than 10%. As of the time of writing, Bitcoin was trading at $97,530, approaching the highly anticipated milestone of $100,000. The rise of Bitcoin has attracted a large amount of liquidity, while Ethereum and altcoins have generally fallen.

Futures for the three major US stock indexes fell overall, with Dow futures down 0.15%, Nasdaq 100 futures down 0.40%, and S&P 500 futures down 0.29% as of the time of writing.

Hong Kong's stock market closed lower on Thursday, with the Hang Seng Index down 0.53%, the state-owned enterprise index down 0.79%, and the Hang Seng Technology Index down 1.24%. The market sentiment was generally weak. However, as Bitcoin approaches $100,000 and continues to set new highs, concept stocks related to cryptocurrency have been active and have risen against the trend, with Blue Harbour Interactive up more than 54%, Boyaa Interactive up nearly 17%, and OSL Group up nearly 2%.

 Lookonchain monitoring shows that Arthur Hayes has transferred 32.95 million ATH coins (about $1.95 million) and 500 ETH coins (about $1.57 million) in the past 30 minutes. Among them, 2.95 million $ATH coins (about $175,000) have been deposited into the Bybit exchange.

 a "smart money" investor achieved an amazing return of 112 times in just a few days. Data shows that the address spent 22,134 USDC at a unit price of 0.0044 USD to buy 5.01 million CHILLGUY tokens between November 17 and 19. Currently, 60% of the position has been sold, earning a profit of 2.48 million USD. At the same time, the address still distributes 2 million tokens to two new addresses, with unrealized gains of 760,000 USD.

Mike Novogratz, CEO of Galaxy Digital, stated that establishing a strategic Bitcoin reserve in the United States is a wise idea to convey the message that we will lead the world in the field of Bitcoin.

On November 21st, according to official sources, Bithumb announced that it will terminate trading support for Orbcity (ORB) tokens based on the decision of the Digital Asset Exchange Association (DAXA). The specific schedule is as follows: trading (buying and selling) will end on December 19th, 2024 at 15:00 (Korean time), and withdrawal support will end on January 17th, 2025 at 15:00 (Korean time).

DAXA stated that the project party failed to provide sufficient explanatory materials on trading risks, and after comprehensively evaluating the project party's information disclosure, business substance, and sustainability, it was deemed not to meet the standards for continuous trading support. Bithumb reminds users to complete asset transfers before the withdrawal deadline, and emphasizes that after the deadline, technical support for mainnet, hard forks, airdrops, and token exchanges may not be supported.

KPMG plans to invest $100 million in the next four years to advance its enterprise AI services. The program will involve collaboration with Google Cloud, focusing primarily on utilizing Google technology for internal AI projects. KPMG is expanding its AI and cloud services to meet customer demands, including a commitment of $2 billion over five years with Microsoft's cloud product reached earlier in July 2023.

On November 21st, Starknet tweeted that its mainnet will be upgraded to version v0.13.3 on November 27th. At that time, the Blob Gas price on Starknet will be reduced by 5 times. Some node operators running Juno instances will need to upgrade to version v0.12.4 to synchronize with v0.13.3 blocks. If using Pathfinder > v0.14.2, no action is required.

BTIG is optimistic about MicroStrategy's Bitcoin purchase plan and has significantly raised its target price to $570.

the total assets of Bitcoin ETFs directly invested in the United States have exceeded 100 billion US dollars. Previously, Bitcoin set a historical new high of 97,000 US dollars, aiming at the 100,000 US dollar mark. Including 12 Bitcoin ETFs including BlackRock and Fidelity Investments, which made their debut in January, they reached this milestone within 10 months and became one of the most successful fund categories ever launched. Institutional data shows that as Bitcoin reaches a record high, Bitcoin ETF recorded a net capital inflow of 773 million US dollars on Wednesday.

The Arcana Wallet Beta has been launched by Chainwire's Arcana Network and is now available on the Chrome Store. The wallet uses the Chain Abstraction Protocol to allow users to spend assets across various networks without the need for bridging, providing a frictionless, multi-chain experience. The protocol is designed to support over 20 EVM and non-EVM L1s, L2s, and appchains, and the company is also launching the Chain Abstraction SDK for developers to implement the protocol's features in their own dApps. Arcana Network is backed by prominent investors, including Balaji S. and Polygon founders, and is powered by $XAR, a utility token that secures the network, incentivizes early adopters, and rewards resource providers. For more information, interested parties can visit their website, Twitter, Telegram, or YouTube, or contact Marketing Manager Andria Efstathiou at [email protected].