7:00-12:00 Keywords: Stacks, Republican Party, SEC, FTC 1. Cathie Wood proposed to weaken the power of the SEC and FTC, Elon Musk expressed appreciation; 2. The company behind ENS, ENS Labs, plans to launch its L2 network Namechain by the end of next year; 3. MicroStrategy founder hinted on Twitter that he may continue to increase his BTC holdings; 4. The founder of Stacks expects to launch an upgraded version of sBTC in early December; 5. The hedge fund shorting Tesla has lost over $5 billion since Trump's victory; 6. It is expected that the Republican Party will win another seat in the House of Representatives, bringing the total number of seats to 214; 7. CryptoQuant CEO: Due to the “overheated” futures market, Bitcoin's price may drop below $59,000 by the end of the year.

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