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Trump issued a statement saying that the current economic situation is the worst since the Great Depression of 1929, and measures will be taken to drop energy prices, reduce the tax burden on workers and small businesses, and make it affordable for people to bear the cost of living in the United States. He plans to exempt tips, overtime wages, and social security benefits from taxation. These measures are aimed at quickly dropping inflation.

Elon Musk's proxy lawyer stated that the $1 million daily donations made by Musk are not lottery winnings. The recipients are not randomly selected, but rather their salaries as Musk's official spokesperson for the Trump super PAC. The Philadelphia prosecutor's team said that this violates Pennsylvania law on operating illegal lotteries, and Musk is considered to have "fully admitted responsibility." Previously, it was reported that Musk's PAC was sued by Philadelphia prosecutors in the United States, demanding the cessation of the $1 million lottery activity.

BlockBeats News, on November 5th, according to official sources, DEX aggregator 1inch announced the appointment of Hedi Navazan as the new Chief Compliance Officer. Hedi previously served as the Deputy Chair of the digital asset working group of the global Anti-Financial Crime Joint Task Force, established by the World Economic Forum. Hedi

Grayscale has filed with the NYSE to list the Grayscale Digital Large Cap Fund as an exchange-traded product and initiate the review process, which could take up to 240 days. The fund manages assets of over $530 million, mainly including BTC, Ethereum, SOL, XRP, and AVAX.

BlockBeats news, on November 4th, former US independent presidential candidate Robert F. Kennedy

The venture capital firm a16z has donated over 23 million dollars to Fairshake and its related political action committee to support the establishment of clear laws regulating the encryption industry and protecting consumers and entrepreneurs. They believe that establishing regulations is beneficial for the long-term development of the encryption industry. Unlike other industries that come to Washington to demand regulatory cuts, they are here to demand the establishment of regulations.

BlockBeats News, on November 4th, billionaire Mark Cuban posted on social media, 'Join me in the largest phone campaign to support Kamala Harris for the next President of the United States. The 'All in for Kamala' campaign will take place on election day at 10am Eastern Time.

BlockBeats news, on November 4th, according to Ashes monitoring, the largest Address on Polymarket that bet on Trump's victory increased the position by $2.35 million in the past 6 hours. The Address has already spent 1413.

BlockBeats news, on November 4th, Ethereum co-founder Vitalik Buterin sparked a discussion on social media about the removal of Russian developers from Linux.

TON Accelerator launches a $5 million plan "Synergy" to promote seamless integration between TON users and the EVM network, enabling founders and developers to tap into TON's extensive user base and $90 billion in cross-chain interaction liquidity, unlocking innovation and business opportunities for cross-chain interaction projects. The plan is seeking revolutionary innovators, including cross-chain interaction decentralized finance, infrastructure, personalized LSDs, cross-chain interaction games, and projects that promote new collaboration between blockchains, and will provide financial support.

BlockBeats news, November 4, according to CNBC

The encryption market may remain volatile due to the results of the US presidential election, but history shows that Bitcoin will experience a significant rebound after the election, reaching its peak within a year, possibly surpassing $100,000. Currently, Bitcoin is undervalued, both from the perspective of the cycle low and the halving of mining rewards. In fact, the price of Bitcoin is only 7% higher than it was at the time of the halving, further supporting the theory of diminishing returns.

Analysts at Bernstein predict that by the end of 2025, the target price of BTC will be $200,000, unrelated to the US election results. The US's fiscal irresponsibility, record debt levels, and currency expansion are the main driving forces behind BTC, and the demand for Cryptocurrency will further increase. The success of BTC provides more room for growth in spot trading, so the price prediction for BTC remains sustainable.

BlockBeats news, on November 4th, according to lookonchain monitoring, the price of BTC has pumped in the month before and after each US presidential election in history. Since October 5th, 2024, the price of BTC has already pumped.