CZ Warns of Fake Trust Wallet Phishing Websites Emerging Recently

Allspring Global Investments Chief Fixed Income Investment Strategist George Bory stated in a research report that following the Democratic Party’s election win, U.S. fiscal policy could shift to tightening in 2027. New fiscal stimulus measures are almost unlikely to be rolled out, while capital expenditure depreciation policies, tariffs, and defense spending may face stricter scrutiny. Bory added that a near-term tax increase is improbable, but the Democrats may begin preparing for the 2028 general election. He noted that the U.S. fiscal deficit could narrow next year, a development that will benefit bond investors.

According to official news, Genius.fun has launched a token buyback mechanism tied to fee revenue, with GSTOCK as the first applicable token. Per the announcement, 20% of the Genius Foundation’s fee revenue generated from GSTOCK trading pairs will be specifically used to repurchase GSTOCK. Additionally, this mechanism is not limited to GSTOCK: other tokens with a market cap exceeding $2 million are also eligible to apply for the same arrangement, where a portion of the Genius Foundation’s fee revenue from their trading pairs is allocated to token buybacks. This means qualified projects can link trading-generated fees to token buybacks, and GSTOCK serves as the first pilot token for this mechanism.

According to Farside’s monitoring, U.S. spot Bitcoin ETFs recorded a total net inflow of $74.6 million yesterday. Breakdown: FBTC saw a net inflow of $236.7 million, IBIT posted a net outflow of $201.2 million, ARKB a net inflow of $19.9 million, BITB a net inflow of $15.2 million, and BTCO a net inflow of $4 million; EZBC, BRRR, HODL, BTCW, MSBT, GBTC, and BTC had no capital inflows or outflows. Separately, U.S. spot Ethereum ETFs posted a total net inflow of $53 million yesterday. Breakdown: ETHA saw a net inflow of $32.8 million, FETH a net inflow of $19.2 million, ETH a net inflow of $13.6 million, ETHE a net inflow of $9.7 million; ETHB recorded a net outflow of $22.4 million, TETH a net inflow of $0.1 million; ETHW, ETHV, QETH, EZET, and MSSE had no capital inflows or outflows.

In his latest article titled "D is for Dilution", Arthur Hayes notes that after SpaceX, Anthropic, and OpenAI go public, insiders and early investors may unlock and sell large blocks of shares, creating sustained equity dilution pressure that pushes down stock prices and erodes market confidence in the AI sector’s profit outlook. According to his estimates, SpaceX will have roughly 860 million shares set to unlock by the end of June 2027, equivalent to an additional ~50% of its outstanding shares; Anthropic’s early IPO investors could face around 83% dilution. For OpenAI, Hayes predicts its IPO will likely follow a similar structure, gradually releasing holdings from employees and early investors post-listing. Persistent stock price pressure will impact these firms’ financing capabilities: investors may demand higher bond yields or even refuse to provide capital, driving up financing costs for the AI industry and spilling over to upstream data center, chip, and related businesses. If AI-related credit markets cool or freeze, the expansion of the U.S. banking system’s balance sheets may slow, leading to a contraction in dollar liquidity that weighs on the crypto market. Eventually, the U.S. Federal Reserve and other major central banks may inject liquidity to address the crisis, a move that would benefit Bitcoin and crypto assets. Prior to that, Hayes said Maelstrom will remain on the sidelines for now, adding that as data centers come online, increased computing power supply could drive down computing costs, with AI projects like FLOP Network and Genlayer poised to benefit.

Goldman Sachs has described the U.S. midterm election results as a "Blue Wave", which could have a significant impact on artificial intelligence and data center regulation. In its report, the firm stated: "Given that the Democrats won far more seats in the House of Representatives and Senate than expected, we anticipate the Democratic Party will leverage the upcoming fiscal deadline to seek policy concessions, particularly regarding curbs on the Iran war, the repeal of certain tariffs, and the reversal of recently implemented spending-cut measures."

According to TradingBeats monitoring, cross-market trader frenchlaundry has cashed out six major winning predictions, generating approximately $97,200 in profit; all of his short positions on Tesla have also been closed, yielding around $36,900 in profit. On Polymarket, these six positions centered on election results including Democrats controlling both chambers of Congress and multiple states, with a total cost of about $382,200 and a return of roughly 25.4%. Among them, around 100,000 "Democrats control both the Senate and House of Representatives" Yes positions earned ~$31,000 in profit; approximately 306,400 "Democrats win Texas Senate seat" Yes positions yielded ~$50,200. On Hyperliquid, frenchlaundry opened a new Tesla short position yesterday, with a total notional position of around $1,832,900 at an average price of ~$394.32, and closed all positions in the early hours of today. Both legs of this pair trade—betting on Democratic election wins and shorting Tesla—have now been exited.