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[BlackRock IBIT Holdings Market Value Exceeds $82.4 Billion] As of November 7, official data from BlackRock shows that the market value of IBIT holdings has reached $82,410,378,912, with a holding quantity of 797,013.76 BTC.
[U.S. Senate May Vote on Temporary Funding Measures on the Morning of the 10th] On November 10, U.S. Senate Majority Leader Thune announced a potential agreement, after which the Senate Appropriations Committee released three proposals aimed at ending the government shutdown. It is expected that the Senate will first vote on the temporary funding resolution passed by the House of Representatives, followed by amendments to include full-year appropriations measures and a longer-term funding extension plan, as well as a Democratic healthcare policy voting agreement. The Senate may vote on the temporary funding measures as early as the morning of the 10th (UTC+8), requiring 60 votes to advance. A Democratic core caucus meeting is scheduled for 6 a.m. on the 10th (UTC+8), and the outcome of the meeting may influence the resolution of the shutdown. The short-term funding bill is expected to have sufficient support from Democratic senators.
Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), has confirmed that efforts to promote leveraged spot cryptocurrency trading into US exchanges may begin as early as next month. (Cointelegraph)
[Five Spot XRP ETFs Listed on DTCC Website] As of now, five spot XRP ETFs launched by Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the website of the Depository Trust & Clearing Corporation (DTCC) in the United States. These include Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). These ETFs are expected to be listed in the United States later this month.
[New York Fed President Williams: December Rate Decision Will Need to Weigh Multiple Factors] New York Fed President Williams stated that the financial pressures faced by U.S. middle- and low-income groups could pose a threat to the resilience of the U.S. economy, while wealthy households have benefited from the stock market boom. He pointed out that the December rate decision will be a balancing act and emphasized that the current inflation level remains high, with no signs of a downward trend yet. He also mentioned that middle- and low-income households are constrained in terms of affordability, which poses risks to consumer confidence and spending.
**[Rumble and Northern Data Nearing All-Stock Merger Agreement]** Rumble Inc. is advancing plans for an all-stock acquisition of German data center company Northern Data AG, with the target company's valuation below its $894 million market capitalization. Both companies are backed by stablecoin issuer Tether, and the agreement is expected to be announced in the coming days. Rumble plans to adjust the share exchange ratio to approximately 2 Rumble shares for 1 Northern Data share, lower than the previously proposed 2.319 shares. As part of the deal, Tether will waive most of the €575 million loan it provided to Northern Data and may assume potential tax liabilities and commit to power supply guarantees. Due to a decline in stock prices, the merged entity's market capitalization is expected to drop to $2.9 billion, lower than the originally planned $4.5 billion.