Bitwise CIO: The Era of Allocating Only 1% of Assets to Bitcoin Is Over
On November 5th, Matt Hougan, the Chief Investment Officer of Bitwise, stated that the era of allocating only 1% of assets to Bitcoin has come to an end. Just like companies after their initial public offerings (IPOs) are much less risky compared to early-stage startups, today's Bitcoin is much more mature and stable than it was a decade ago, and there is a more widespread ownership distribution. With the adoption of institutions and ETF trading, its volatility has significantly decreased, indicating its evolution towards a mainstream asset. The path for Bitcoin to increase its market value from $2.5 trillion to gold's $25 trillion may be achieved more quickly than many had expected.
3 minutes ago
Trump Tariffs Case Oral Argument to Begin Soon, Current Chance of Defeat Stands at 61%
On November 5th, the probability on Polymarket that Trump will lose the tariff case in the Supreme Court is currently 61%. Bettors anticipate that the Court is likely to reject Trump's argument regarding "broad global tariffs without congressional approval." Just a few hours later, the oral argument battle regarding the president's emergency economic powers is about to commence. (Oral arguments at the U.S. Supreme Court usually start at 10 a.m. Eastern Time, which is 11 p.m. Beijing Time on this day.)
BlockBeats had previously reported that the U.S. Supreme Court will hold oral arguments today on whether Trump can impose tariffs under the IEEPA. The key issue in this case is: Can the president impose broad tariffs on imported goods from around the world under the International Emergency Economic Powers Act (IEEPA)? The impact of this case goes beyond just trade policy; the Supreme Court's ruling will determine whether the president can bypass Congress by using emergency powers, potent
3 minutes ago
MetaAlpha withdrew 6,800 ETH from Binance and deposited it all into AAVE
On November 5th, according to TheDataNerd's monitoring, 6 hours prior to this, MetaAlpha withdrew 6,800 ETH (approximately $22.72 million) from Binance and then deposited the entire amount into AAVE.
3 minutes ago
Opinion: Federal Reserve Independence Hit by Trump's "Combo Move," But President's Speech Impact Limited
On November 5th, under nearly a year of continuous attacks by President Trump, the Federal Reserve is under significant pressure. Facing President Trump's insults and threats to dismiss Fed Chair Powell, continuous efforts to dismiss Fed Governor Cook, and explicit requests to lower interest rates to reduce government debt costs, the Federal Reserve is also facing accusations of overstepping by Treasury Secretary Bezent.
However, regardless of how anxious economists are about the threats to the Federal Reserve, the financial markets remained calm throughout the year 2025. Scholar Francesco Bianchi updated his research findings, showing that Trump's inappropriate comments on the Fed during his first term via social media had led to a statistically significant decrease in market expectations for the federal funds rate. The situation in 2025 is consistent with this, indicating that the market believes Trump's threats are "effective," and the Fed will respond with rate cuts. However, in t
3 minutes ago
The current odds of T1 winning the League of Legends 2025 World Championship on Polymarket are 62%.
On November 5th, on Polymarket, the probability of T1 winning the 2025 League of Legends World Championship is currently 62%, and the probability of KT Rolster winning is currently 38%. The trading volume of this prediction market has exceeded $10 million.
The defending champion and legendary player Faker is about to achieve a three-peat at the World Championship and secure his sixth World Championship title in his professional career. The grand final will be held on November 9th.
3 minutes ago