【Golden Afternoon Report | Overview of Important Developments on November 12】7:00-12:00 Keywords: Republican Party, Tether, Nano Labs, UK 1. Institutions: The Republican Party has gained control of the House of Representatives; 2. Tether minted an additional 2 billion USDT on Ethereum at midnight; 3. Nano Labs announced it will accept Bitcoin as payment for its goods and services; 4. Ethereum's market capitalization surpasses Procter & Gamble, rising to the 32nd position in global asset market capitalization; 5. Sources: The UK plans to trial blockchain-based digital government bonds issuance within two years; 6. Analysis: Ethereum has maintained an inflationary state since mid-April, with an increase of 350,000 ETH over six months; 7. Lens launched Lens Network and opened the testnet, focusing on social modular features.