According to Farside Investors data, ARKB had a net inflow of $108.6 million yesterday,

since Trump won the US election, hedge funds that have persisted in shorting Tesla have lost billions of dollars, and Elon Musk's special relationship with Trump has had an impact on them. According to data compiled by S3 Partners, from election day to last Friday's close, hedge funds holding short positions in Tesla have suffered at least $5.2 billion in losses. 

Muneeb Ali, co-founder of the Bitcoin Layer2 network Stacks and CEO of Trust Machines (which builds applications on Bitcoin and related networks), has announced on X platform that the network's upcoming sBTC token upgrade may be released as early as next month. "The target is early December, which seems to be in line with the sBTC v1 plan, and there will be more upgrades in January and beyond," Ali wrote. According to Stacks' announcement, Stacks' sBTC will "enable smart contracts to programmatically send sBTC to BTC addresses, anchoring it as BTC." In short, sBTC will compete with other forms of wrapped Bitcoin, such as wBTC and cbBTC, which are provided by centralized custodians. Stacks believes that sBTC's novel decentralized bi-directional anchoring will unlock value by providing a more decentralized alternative that better aligns with Bitcoin's decentralized ideals. (The Block) Previously, Muneeb Ali wrote on the X platform, "We have established a new Stacks entity 'Bitcoin L2 Labs', which has raised $20 million in funding and is focused on core development. Adriano DiLuzio (formerly of Algorand Labs) will serve as CTO and lead the development work on Stacks' core and SBTC."

According to a report from international media, Steven Mnuchin, who served as the Treasury Secretary during Trump's first term as president, said that he will not join the new Trump administration but is willing to provide advice on how to strengthen sanctions against Iran and Russia and control the growth of US debt. Mnuchin said in an interview that the US Treasury Department must work hard to strengthen its trade policy. Mnuchin refused to disclose the popular candidates for Treasury Secretary. Earlier, Trump also said that his then-Secretary of State Pompeo would not join the cabinet. As for whether Robert Lighthizer, the current trade representative, will be invited to continue in that position, international media reports are conflicting. 

FOX Business journalist Eleanor Terrett posted on X, stating that Yadira Caraveo, the current Democratic representative in Colorado, was one of the few losers supported by the Fairshake Super Political Action Committee in this election. Fairshake spent over $2 million on advertising to support Caraveo, but Caraveo lost to Republican opponent Gabe Evans in the campaign this afternoon. The Republicans are now approaching a majority in the House of Representatives.

today's panic and greed index is 76, and the level is still extremely greedy. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + proportion of Bitcoin in the entire market (10%) + Google keyword analysis (10%).

On November 11th, according to CoinGecko data, as DOGE rose to $0.292, its market value reached $42.3 billion, surpassing USDC ($36.9 billion).

the market shows ORDI has broken through $40 and is now trading at $40.05, with a 24-hour increase of 6.18%. The market is volatile, please be cautious with risk control.

the market shows ETH has broken through $3200 and is currently trading at $3200.19, with a 24-hour increase of 2.63%. The market is volatile, so please be prepared for risk control.

Edison Research Institute predicts that the Republican Party will win another seat in the House of Representatives, bringing the total number of seats to 214, while the Democratic Party will have 205 seats. A total of 218 seats are needed to control the House of Representatives.