Odaily: U.S. President Trump: Jensen Huang has done an excellent job, but he has resigned, and now only one person can take his place—Apple's (AAPL.O) Cook. (Jinshi)

Odaily: In his latest post, U.S. President Donald Trump said: "I have asked Vice President Vance to focus all of his energy on the massive corruption and criminal activity taking place in Democrat-run cities and states all across America. The badly run and highly corrupt Democrat-run states of Minnesota, California, Illinois, and others, are a disaster. Billions of Dollars are being stolen every month. If we correct this massive criminal activity, our Budget will be balanced, quickly. The corruption is in the blood of the Democrat leadership! We don't need a deal with Iran right now, that time is long gone. We have their money in the hundreds of billions of dollars, and we have their strait! Thank you for your attention to this matter." (Jinshi)

Odaily reports that Yi Lihua, in a post reviewing recent market volatility, stated that he had earlier observed Democrats gaining an advantage in the midterm elections and judged that U.S. stocks could decline, so he temporarily chose not to bottom-fish. But the market then rebounded quickly, and he chased the rally on the right side near Bitcoin's $77,000 level, and after BTC stabilized at $80,300, judged that the pullback was over and the uptrend had restarted.However, U.S. stocks subsequently fell as previously expected, dragging Bitcoin further down. He eventually exited long positions with take-profit, but spot positions remain at a floating loss.Yi Lihua believes that rapid rallies and selloffs are difficult to predict accurately, and that there was no obvious problem with the operations themselves; the key lies in managing position sizing and risk. Currently, attention still needs to be paid to the performance of U.S. stocks and the crude oil market. He stated that if Democrats continue to push policy actions targeting the AI and crypto industries, including the Jensen Huang-related incident and Trump's financial interest issues, all of these will increase market uncertainty. However, his overall trend judgment still leans bullish, and he will continue to wait for the macro environment to become clear before seeking bottom-fishing opportunities again.

Odaily reports: Trump's chief legal adviser has warned the Democrat set to become chair of the House Oversight Committee that some of the committee's planned investigations may violate the law. The强硬 statement signals that Trump's team is preparing to take a confrontational stance against Democratic investigations in the next Congress and may invoke legal arguments that have not yet been tested in court. In a letter dated Monday addressed to Robert Garcia, the Democratic leader of the House Oversight Committee, White House legal adviser Will Scharf said that congressional investigations must clearly articulate a "legitimate legislative purpose." He accused Democrats of aiming to "harass and expand their own influence" rather than advance any legitimate legislative goal. Scharf also warned that threatening executive branch officials to prevent them from continuing to hold public office, or using investigative procedures to abuse power and instill fear, may cross the line and constitute clear criminal offenses. Democrats say that after gaining control of Congress next year, they will investigate Trump, his administration, and his family business.

Odaily reports that QCP Capital has released a macro market analysis report, noting that Trump has temporarily suspended a new round of military strikes against Iran but will continue to maintain the blockade. After meeting with Qatar's Prime Minister on November 9, Trump stated that military action was temporarily paused, but significant differences remain between the two sides and no agreement has yet been reached. Brent crude settled at $92.57 per barrel, down 5.85% in a single day, and has since fallen further, now approximately 18% below its October 30 level.On global monetary policy, the Reserve Bank of Australia raised rates to 4.85% by a 6-3 vote but removed its policy bias regarding further rate hikes if necessary; the Bank of England raised rates to 4% by an 8-1 vote. The Bank of Canada and the Bank of Japan both held rates steady, but market pricing for rates in both countries was still marked lower. Canada's employment fell by 4,700, below market expectations of a 14,000 increase; Japan's Nikkei 225 index fell 6%, and the yield on Japan's 2-year government bonds dropped 12.8 basis points.In the AI industry, the U.S. Democratic Party won both chambers of Congress and 5 governor seats. It is estimated that 59% of the data center capacity currently planned for construction in the United States will face new restrictions or higher approval thresholds.In the crypto market, Strategy purchased 1,036 BTC for $81.9 million while repurchasing $188.3 million worth of STRC preferred stock, a repurchase size about 2.3 times its Bitcoin purchase expenditure, funded in part by the sale of $283.8 million worth of MSTR shares. In addition, between November 2 and 6, spot Bitcoin ETFs recorded cumulative net outflows of $1.2324 billion.QCP Capital concluded by raising the key questions the market needs to watch going forward: whether falling oil prices can continue to ease rate hike pressure, or whether a stalemate in Iran negotiations will reignite inflation risks and prompt the Bank of Canada and the Bank of England to be the first to resume rate hikes.

Odaily reports: Regarding the securities class action filed by Nvidia shareholders against Nvidia and its founder and CEO Jensen Huang, attorney Laurence Rosen stated that Trump's support for Jensen Huang, as well as the Nvidia board's statement that national security was not compromised, cannot determine the final outcome of the case.Rosen pointed out that the core of the case is whether Nvidia's relevant statements made on October 9, 2025 were misleading, and that facts currently support this litigation claim. The lawsuit alleges that Nvidia and Jensen Huang failed to adequately disclose their relationship with individuals associated with the Singaporean company Megaspeed, as well as the national security and business risks that could arise from it.Previously, U.S. President Trump publicly expressed confidence in Jensen Huang, and said that Jensen Huang had told him that he did not know the relevant individuals were suspected of engaging in espionage activities. The Nvidia board has launched an independent investigation, stating that there is currently no reason to believe that national security or Nvidia's trade secrets have been compromised.Rosen stated that the lawsuit currently targets only Nvidia and Jensen Huang, and it has not yet been determined whether additional defendants will be added, including members of the Nvidia board.

Odaily: Trump Media reported Q3 net profit of $409.7 million, with digital asset holdings reaching $1.36 billion. (Bitcoin.com News)

1. MSCI may remove Strategy from its index, potentially triggering up to $2.8 billion in selling from passive funds;2. Fidelity increased its stake in Strive by 2.35 million shares, bringing total holdings to $265.3 million;3. Trump remains interested in purchasing Bitcoin for a strategic reserve, though open-market purchases face legal obstacles;4. Stablecoin regulatory frameworks remain to be improved, with the FSB urging Turkey to further enhance crypto asset regulation;5. Economist: The market has exaggerated the risk of the Fed raising rates by 50 basis points in December;6. Analysis: Memory prices are brewing another round of increases, mainly concentrated in DRAM contract pricing and enterprise-grade SSDs;7. AI investment enthusiasm rebounds, CoreWeave's optimistic outlook boosts European tech stocks;8. The Treasury is discussing multiple pathways for Bitcoin purchases, with a second round of audits planned for government agency holdings;9. Abraxas Capital's two addresses hold ZEC short positions, with total unrealized gains of $118 million;10. Anthropic is expected to issue $3 billion to $3.5 billion in shares to Japanese investors in its IPO.

Odaily: Trump still intends to purchase Bitcoin for its strategic reserve, but open market purchases face legal obstacles. (Bitcoin.com News)

Odaily reports: U.S. Senator Elizabeth Warren plans to investigate the Office of the Comptroller of the Currency (OCC)'s conditional approval in August of this year of the bank charter for Trump-backed World Liberty Financial, as well as the administration's dismissal of financial institution staff and efforts to shut down the Consumer Financial Protection Bureau (CFPB).Warren also plans to make Nvidia CEO Jensen Huang a key oversight target and to work with Republican China hawks to restrict exports of advanced AI chips. (Decrypt)