7:00-12:00 Keywords: Stacks, Republicans, SEC, FTC 1. Cathie Wood proposes to weaken the powers of the SEC and FTC, which Elon Musk applauds. ENS Labs, the company behind ENS, plans to launch its L2 network Namechain by the end of next year. 3. The founder of MicroStrategy tweeted that he may continue to increase his holdings of BTC. 4. The founders of Stacks expect to launch an upgraded version of sBTC in early December. 5. Hedge funds shorting Tesla have lost more than $5 billion since Trump's election; 6. The Republican Party is expected to win another seat in the House of Representatives, bringing the total number of seats to 214. 7. CryptoQuant CEO: Due to the "overheating" of the futures market, the price of Bitcoin may fall below 59,000 dollars by the end of the year.