5 must-read articles in the evening | When will the DeFi revival come?

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1. The US election is over, and global investors are focusing on Powell's monetary policy moves

After Donald Trump's re-election as US president, the focus of global financial markets has gradually shifted from the election results to the direction of Federal Reserve Chairman Jerome Powell and his monetary policy. At the upcoming Fed interest rate decision meeting (3 a.m. Beijing time on the 8th), the market generally expects the Fed to further ease monetary policy, with an expected 25-basis-point rate cut, to address the pressure of slowing US economic growth and a weak labor market. However, Trump's policy proposals have raised concerns among investors, particularly about how his fiscal policy may affect the Fed's future policy path.Read more

2. Bitwise: What Trump's election means for cryptocurrencies

The Republican Party has included pro-cryptocurrency policies in its party platform, and it has decisively won the presidential election, controlling the Senate, and appears poised to continue controlling the House. The Republicans will take office in January 2022 and have strong power to fulfill their campaign promises to the cryptocurrency industry.Read more

3. The Wall Street Journal: Why this Polymarket whale dared to bet $30 million on Trump

This mysterious trader, dubbed the "Trump whale", will make a profit of nearly $50 million after making a series of bold bets related to the presidential election. He not only believed that Donald Trump would win the presidential election, but also bet that Trump would win the popular vote - a result that many political observers considered unlikely. This trader, who calls himself "Théo", also bet that Trump would win the swing states of Pennsylvania, Michigan and Wisconsin.Read more

4. 1confirmation founder: How ordinary people can know the truth in 2024

The search for truth is the most important struggle of our lives. 2024 is a critical year in this struggle, as the ruling elite increasingly suppress freedom of speech and try to suppress the truth and control the narrative. The arrest of Durov and the X ban in Brazil are recent examples, and certainly not the last.Read more

5. When will the DeFi revival come? The "on-chain mining secrets" of the Degens

Is the DeFi craze coming back? It's time to get ready. This is the "on-chain mining secrets" summarized by three "DeFi Summer big winners" after two cycles. It clearly explains "how to choose the target" and "what issues you should be concerned about".Read more

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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