U.S. Senator Lummis: Firm Believer That a Strategic Bitcoin Reserve Is the Only Solution to Offset U.S. Debt

On November 5th, spot gold surged by more than $10 in a short time, reaching above $1,980 per ounce. It rose by $50 intraday, increasing by more than 1%. (Golden Ten)

On November 5th, Metaplanet raised $100 million by using its Bitcoin assets as collateral. The raised funds will mainly be utilized to purchase more Bitcoin in order to expand its revenue sources and repurchase shares. As of October 31st, Metaplanet held 30,823 bitcoins.

On November 5th, Binance Alpha is set to launch Intuition (TRUST) on Alpha. Alpha trading began today at 17:00 (UTC+8). Users who hold at least 224 Alpha points are eligible to claim a 200 TRUST token airdrop. The first come, first served principle applies. If the event has not ended, the points threshold will automatically decrease by 5 points every five minutes.

On November 5th, Bitget Onchain Trading has incorporated Morph Chain. It enables the trading of Morph ecosystem assets by using the spot wallet stablecoin. This integration will boost the development of the Universal Exchange (UEX) and offer users a more efficient on-chain trading experience. Before this, Bitget's Onchain Trading section underwent a comprehensive renovation. It connected all assets on the ETH, SOL, BSC, and Base chains. Additionally, the AI intelligence tool Onchain Signals was introduced to track on-chain fund movements. Users can directly access millions of tokens through the spot wallet and achieve intelligent interaction by leveraging real-time data and one-click execution.

On November 5th, this week, the U.S. Supreme Court is set to hear the case of Learning Resources Inc. v. Trump. This is a landmark case that will determine whether the president has the authority under the International Emergency Economic Powers Act (IEEPA) to impose foreign tariffs. The ruling in this case has the potential to reshape hundreds of billions of dollars in trade and debt structures and is being referred to as "the most consequential economic lawsuit in nearly a century." Experts anticipate a highly divided outcome, with the odds being seen as a "50-50 split." If the ruling goes against the administration, the White House may be compelled to refund previously collected tariffs, which could potentially redraw the boundaries of presidential power in trade and economic policy. From a market perspective, investors are closely analyzing the justices' questioning tones to obtain directional cues. U.S. equities remain volatile in the face of tariff uncertainty and political ris

On November 5th, the on-chain project funding platform Legion announced that the programmable DeFi execution engine Makina will carry out a token sale on the platform. Makina has already achieved a total TVL of $94 million during the pre-listing period, and more details of the token sale will be announced shortly.