Morning News List of important developments overnight on November 8
21:00-7:00 Keywords: Federal Reserve, Powell, Trump
1. The Federal Reserve announced a 25 basis point interest rate cut;
2. Coinbase will launch Swell (SWELL);
3. The UK House of Lords supports the Digital Asset Property Bill.
4. BTC rose to $76,849 in a short time, setting a new high.
5. Biden: Will work to ensure a smooth transition to the Trump administration.
6. Powell: The overall economy is performing strongly, and inflation has eased significantly.
7. Powell: As interest rates approach neutral, it may be necessary to slow the pace of rate cuts.
8. The Trump team is considering listing Dan Gallagher, Robinhood's chief legal and compliance officer, as a candidate for SEC chairperson.