🔥 In many ways, a defining week awaits the crypto market:

◽️ Tomorrow, November 5, the U.S. elections will take place, with results expected around November 6. Current data on Polymarket shows Kamala Harris regaining ground, although Donald Trump still leads with a 56% to 44% advantage. The total trading volume on this event has surpassed $3 billion.

◽️ On November 7, the Federal Reserve’s decision on the key interest rate is expected. With a 99.9% probability, the market anticipates a 25 basis point reduction.

💸 Time to revisit the predictions of various thought leaders.

Here they are: Kiyosaki, Brandt, Draper, Hayes, Plan B, Novogratz, Wood, Saylor, Winklevoss.

💵 Tether will not be launching its own blockchain.

Tether's CEO, Paolo Ardoino, stated that the company currently has no plans to launch a proprietary blockchain.

He noted that several Layer 2 solutions are exploring the possibility of using USDT as a gas payment option.

✔️ Cryptocurrency companies, including Robinhood, Kraken, and Paxos, are launching a “global stablecoin network” aimed at accelerating the adoption of stablecoins worldwide and promoting new use cases for their own stablecoin, USDG.

📊 It’s reported online that 215 crypto supporters were elected to the U.S. House of Representatives, versus 105 opponents.

In the Senate, 14 crypto advocates were elected, compared to 9 critics of digital assets.

💸 The United States could purchase up to 5% of Bitcoin's total supply if a national BTC reserve is established — CoinShares

If a strategic national Bitcoin reserve is created by the Trump administration, U.S. authorities could acquire up to 5% of the total supply of the first cryptocurrency, according to CoinShares.

Experts say that the adoption of such a law would bring substantial benefits to the industry.

🇫🇷 The French gambling regulator (ANJ) plans to ban the decentralized betting platform Polymarket for users in France — all because of an anonymous local user who earned "tens of millions of dollars" betting on Trump's victory.

⚠️ FTX Co-Founder Develops a 'Crypto Fraud Detector'

Former FTX CTO Gary Wang is developing a tool for the U.S. government aimed at detecting illegal activity on cryptocurrency exchanges.

Additionally, he has requested that the court not impose a prison sentence, as he was a key witness whose testimony helped convict Sam Bankman-Fried, and his role in the FTX fraud was minimal.

Wang’s sentencing is scheduled for November 20.

✅ BTC $80 000 — DONE

🔼After the US presidential election this week, there was a significant increase in the volume of large Bitcoin transactions. Their total reached a local peak of $90 billion on Wednesday, IntoTheBlock analysts said.

✔️So the so-called whales are also awake and watching what is happening in the world.

📊 Highlights from the Weekend's Top 10:

▫️ Solana's market cap reached $100 billion;
▫️ Dogecoin moved USDC out of the sixth spot in the rankings;
▫️ Cardano and SHIBA returned to the top 10, taking the 9th and 10th spots respectively, with TRON and TON yielding these positions to them.

⚠️ Alameda Sues Waves Founder for $90 Million

Alameda Research has filed a lawsuit against Waves founder Sasha Ivanov and associated parties to reclaim $90 million.

In March 2022, Alameda deposited around $80 million in USDT and USDC on Waves' Vires platform, which were ultimately converted into the native stablecoin USDN.

🔒 This Week, Several Projects Will Undergo Major Unlocks Totaling $746 Million

The largest single unlock will involve APT ($128.37 million).

Additional tokens like ARB, AVAX, STRK, ZKJ, CKB, CYBER, ADA, ENA, and PRIME may also enter the market.

Linear unlocks for SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, and ARKM will continue as well.

💸Overnight, Bitcoin surged to nearly $90,000, falling just $400 short. Ether climbed to around $3,400.

📈 Leading gains in the top 10 is DOGE, up 33% in the past day. Among the top 100: CRO +52%, AIOZ +40%, and BTT +20%.
📉 Meanwhile, RAY dropped by 16%, NEIRO by 10%, and KAS by 5%.

The Fear and Greed Index has risen to 80.

🔗 The Near Protocol network is now fully compatible with Metamask, Trust Wallet, and other EVM wallets.

🔼 Bitcoin set another all-time high above $88,000, surpassing silver in market capitalization.

Just imagine—within 24 hours, the market cap of the leading cryptocurrency increased by $157 billion.