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Golden Morning News | List of important developments overnight on November 12

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2025-11-11 23:21:49
21:00-07:00 Keywords: Coinbase, BVNK, Allora, Injective
1. Trump: Senate passage of appropriations bill is "major victory";
2. US banking regulators are said to have agreed to relax bank capital requirements.
3. The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 67.6%;
4. Coinbase cancels acquisition of stablecoin startup BVNK for $2 billion;
5. Coinbase will launch Allora (ALLO);
6. The US government plans to end the shutdown, and the SEC and CFTC may accelerate the progress of crypto regulation and products.
7. Injective announces that the EVM mainnet is now live;
Qian Zhimin, the main culprit in 86,000 BTC money laundering case, was sentenced to 11 years and 8 months in prison.
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