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U.S. Treasury Secretary Clarifies: Trump's $2000 Payment Aimed at Providing Tax Refund to Low-Income Families, Tariff Bonuses Not Yet Decided

2 hours ago

On November 12th, U.S. Treasury Secretary Benson stated that U.S. President Trump had discussed providing a $2,000 tax rebate to families with an income of less than $100,000, and it was expected that the large-scale rebate would arrive in early 2026. There are several options for distributing the tariff dividend, and the matter of the tariff dividend is currently under discussion with no decision made yet. On November 9th, Trump said, "Anyone who is opposed to tariffs is a fool! Now we are the wealthiest and most respected country in the world. We have an almost zero inflation rate and the stock market has hit a historical high. 401k retirement account balances have also reached an all-time high. With trillions of dollars in income every year, we will soon be able to start paying off the huge $37 trillion debt. Investment in the U.S. has reached a historical high, with factories and businesses emerging like mushrooms after rain. A dividend of at least $2,000 will be paid to everyone (excluding high-income individuals!)."
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Spot Gold Breaks $4150/Ounce, Up 0.58% Intraday

On November 12th, according to market data, the spot gold price increased by more than $15 in a short period and broke through $4150 per ounce, with an intraday gain of 0.58%.

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SoFi Stock Price Surges Past $32 to Reach an All-Time High, Crypto Business Making Rapid Progress

On November 12th, based on market data, the stock price of the U.S.-based fintech company SoFi Technologies (SOFI) exceeded $32 and reached a record high. The intraday increase is currently 4.2%, with a market capitalization of $38.89 billion and a trading volume of $1.021 billion. Originally concentrating on student loan refinancing, SoFi has expanded into today's comprehensive digital financial services platform. In the third quarter, its fee revenue surged to achieve a new performance peak. SoFi CEO Anthony Noto stated at the end of last month that SoFi is expected to launch crypto trading this year, and "the SoFi stablecoin will be launched in the first half of 2026." In yesterday's news, SoFi became the first U.S. nationally chartered bank to provide Bitcoin and cryptocurrency trading.

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OOB Market Cap Briefly Surpasses $560 Million, with a 342% 24h Growth

On November 12th, based on GMGN data, the token of the crypto payment company Oobit, OOB, briefly reached above $0.8 and is currently trading at $0.56. It has a current market capitalization of $5.6 billion, a 24-hour trading volume of $11.1 million, and a 24-hour price increase of 342%. Earlier today, the Malaysian tech consultancy firm VCI Global announced its intention to acquire the OOB token, which is valued at $1 billion. OOB is the utility token of the crypto payment company Oobit supported by Tether. According to the transaction structure, VCI Global acquired $50 million worth of OOB tokens by issuing restricted shares to the OOB Foundation. The company stated on Tuesday that it plans to repurchase $50 million worth of tokens on the secondary market after the token's public issuance. VCI Global indicated that after the transaction is completed, Tether will become its largest shareholder. BlockBeats reminds

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RWA Platform Centrifuge Releases Tokenization Platform Centrifuge Whitelabel

On November 12th, as per CoinDesk, the RWA institution Centrifuge has launched a tokenization platform known as Centrifuge Whitelabel. This platform is designed to assist institutions, fintech companies, and DeFi applications in creating tokenized financial products more effectively. It offers modular infrastructure and supports the tokenization of a wide range of assets, from private credit to energy infrastructure. The decentralized energy startup Daylight is the first partner to utilize this platform and will establish a tokenized treasury of energy assets through it.

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Anthropic: to invest $50 billion in building a data center in the U.S.

On November 12th, the Google-backed AI startup Anthropic announced that it plans to invest $50 billion to construct a data center within the United States. (Golden Ten)

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Trump to Host Private Dinner with Business Leaders at the White House

November 12th. At 7:30 PM Eastern Time (8:30 AM Beijing Time the next day), President Trump will hold a private dinner at the White House. Financial and business leaders will be in attendance, such as the CEOs of Nasdaq, JPMorgan Chase, and BlackRock, among others. The aim is to strengthen the ties between the White House and corporate executives and to discuss initiatives for enhancing the capital markets, rebuilding the supply chain, and other matters.

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