Overview of important developments on the evening of November 8

12:00-21:00 Keywords: SOL, Galaxy, Trump, Stacks

1. BlackRock's Ethereum ETF holdings exceeded 470,000 ETH;

2. SOL's market value surpassed BNB to become the fourth largest cryptocurrency by market value;

3. Galaxy Research Director: From a fundamental perspective, the market does not appear overheated;

4. Market news: The Trump administration is preparing to relax supervision of FDIC to some extent;

5. Barclays predicts that the Fed will only cut interest rates twice in 2025, each time by 25 basis points;

6. Stacks co-founder: Establishes new entity Bitcoin L2 Labs and raises $20 million in financing.

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