Overview of Major Overnight Developments on November 12
21:00-07:00 Keywords: a certain exchange, BVNK, Allora, Injective 1. Trump: Senate passage of the funding bill is a "major victory"; 2. U.S. banking regulators have reportedly reached an agreement to ease bank capital requirements; 3. The probability of a 25 basis point rate cut by the Federal Reserve in December is 67.6%; 4. A certain exchange has canceled the $2 billion acquisition deal of stablecoin startup BVNK; 5. A certain exchange will list Allora (ALLO); 6. The U.S. government plans to end the shutdown, and the SEC and CFTC may accelerate crypto regulation and product progress; 7. Injective announced that the EVM mainnet is now live; 8. Qian Zhimin, the main culprit in the 60,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison.
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