Foresight News reported that Smokey The Bera, a member of Berachain, tweeted regarding "documents showing that Berachain granted special refund rights to Nova Digital Fund under Brevan Howard in Series B financing," stating, "The report is neither accurate nor complete. Brevan Howard remains one of Berachain's largest investors. Their investment involves several complex business agreements, but like other investors, they participated in Series B financing under the same documents. Among them, Nova's compliance team requested to add a clause to guard against the situation where Berachain fails to successfully carry out token issuance and go live, as the purchased locks during financing would be affected."

Golden Finance reports that the U.S.-listed encryption wallet provider Exodus Movement (NYSE American: EXOD) announced the acquisition of W3C Corp, the parent company of the crypto card and payment companies Baanx and Monavate, for $175 million. Exodus stated that the transaction consists of "self-owned cash and financing provided by Galaxy Digital, secured by Exodus's Bitcoin holdings." Baanx and Monavate have previously collaborated with companies such as Visa, Mastercard, and MetaMask to develop encryption cards and self-custody Web3 payment services. Exodus pointed out that this acquisition makes it one of the "few self-custody wallets able to control the end-to-end payment experience, from wallet to card.

According to BlockBeats news on November 25, as reported by unchainedcrypto, Berachain granted one of the lead investors in its Series B financing, Brevan Howard, the right to "receive a risk-free refund of the investment after the TGE" without the knowledge of other investors. It is reported that Berachain has raised at least $142 million in total financing, with its token valued at $1.5 billion in the previous financing round, which was jointly led by Framework Ventures and the Nova Digital Fund under the $34 billion hedge fund Brevan Howard's encryption division. A former employee, who requested anonymity, recalled that Berachain's co-founder, codenamed "Papa Bear," once said.

Gate News bot news, according to the platform announcement on November 24, 2025 Gate platform has added exchange support for two tokens: SSS and MON. Users can now exchange these two newly added tokens with over 2,200 cryptocurrencies supported by the Gate platform without any fees.

Golden Finance reported that Nasdaq-listed AVAX treasury company AVAX One disclosed that it has invested approximately $110 million to increase its holdings of 9,377,475 AVAX from November 5 to 23, 2025, with an average purchase price of $11.73. As of now, its total holding of AVAX tokens exceeds 13.8 million. In addition, the company also stated that its board of directors had previously approved a stock repurchase plan with a scale of $40 million.

Odaily News According to official news, SunAgent has officially launched as an AI-based intelligent trading tool on the TRON chain, providing users with one-stop on-chain operation services through natural dialogue. It covers multiple functions including token creation, asset management, trade execution, and data inquiry, helping users efficiently and conveniently participate in the construction and asset operation of the TRON ecosystem.

According to a report by Bloomberg, the European Central Bank pointed out in the pre-release version of its financial stability assessment report on Monday: "Stablecoins are rising rapidly and may be widely used in new application scenarios, which could pose risks to financial stability in the future." The report will be officially released on Wednesday. One risk mentioned in the report is that if stablecoins are widely adopted, households may replace some of their bank deposits with stablecoins—"this would reduce a key source of funding for banks and make their overall funding more volatile," said the European Central Bank.

BlockBeats news, on November 24, wealth management company Swissblock stated that current risk aversion signals have sharply declined, and selling pressure has eased, indicating that the worst of the dumping phase may be temporarily over. If risk aversion sentiment is used as a bottom warning indicator, the coming week will be crucial. Investors need to see the selling pressure continue to weaken. Generally, the second wave of dumping (with less intensity than the first wave and prices maintaining at previous lows) will become one of the most reliable bottom signals. The second wave usually marks the exhaustion of sellers, with control returning to long positions.

The Economist pointed out that Crypto Assets have transformed from being "objects of ridicule" to a "widely accepted and even encouraged" asset class, but the big dump in Bitcoin prices indicates that the industry is rapidly declining. "The lack of new bullish narratives to support further rises in the price of a speculative asset—one that generates no income and relies entirely on future capital gain expectations—poses a significant challenge." The article also noted that the increasingly close ties between Crypto Assets and the TradFi sector could trigger a broader economic recession—if stablecoins face dumping, it could shake the bond market or lead to a fall in tech stocks.

Gate News Bot news, on November 24, according to CoinMarketCap data, as of the time of writing, HFT (Hashflow) is currently reported at $0.04, with a pump of 17.49% in the last 24 hours, reaching a high of $0.07 and a low of $0.03. The current market capitalization is approximately $27.33 million, an increase of $4.06 million compared to yesterday. Important news about HFT recently: 1️⃣ **HFT has become the new focus of competition in the cryptocurrency market** High-Frequency Trading (HFT) technology is increasingly being applied in the cryptocurrency market, with major exchanges actively utilizing this technology to attract liquidity and boost trading volume. This trend not only helps improve overall market efficiency but also brings more attention to HFT-related projects, making it one of the important factors driving the rise in HFT prices. 2️⃣ **Har

According to BlockBeats news on November 24, on-chain analyst Ai Yi (@ai9684xtpa) monitored that the Whale has been holding a position to "go long on a basket of altcoins" for a week, and its unrealized losses have expanded to 4.06 million dollars. Among the 22 Tokens it has gone long on, only one, LINEA, is in an unrealized gains state, while the rest are underwater. The heaviest position, HYPE (4.64 million dollars), has unrealized losses of 1.303 million dollars.

Gate News Bot news, on November 24, according to CoinMarketCap, as of the time of writing, MITO (Mitosis) is currently priced at $0.09, rising 12.58% in the last 24 hours, with a high of $0.10 and a low of $0.07. The current market capitalization is approximately $16.9 million, an increase of $1.89 million from yesterday. Important news about MITO recently: 1️⃣ **Mitosis ecosystem continues to expand** The Mitosis project has recently made significant progress in the DeFi space. The project has significantly enhanced the interoperability and user engagement of its ecosystem by introducing new liquidity mining programs and cross-chain bridging features. These initiatives have effectively stimulated the demand for MIT tokens, making them one of the main factors driving the price rise. 2️⃣ **Technical upgrade optimization network

Golden Finance reported that on November 23, Musk's X platform officially launched the Handle Marketplace, which provides a "premium username" service, allowing users to purchase and claim previously inaccessible dormant accounts. To enter this marketplace, one must be a Premium+ and Premium Business member, with a monthly subscription fee of $40 for Premium+ and $200 for Premium Business.

Gate News Bot news, on November 24, according to CoinMarketCap data, MAV (Maverick Protocol) is currently priced at 0.03 USD, falling 24.52% in the last 24 hours, with a high of 0.05 USD and a low of 0.02 USD. The current market capitalization is approximately 228,000 USD, a decrease of 7,415,200 USD from yesterday. Important news about MAV recently: 1️⃣ **Market popularity ranking has significantly increased** Maverick Protocol (MAV) has surged to the 3rd position in the cryptocurrency market popularity rankings on November 23, indicating a significant increase in investor interest in the project. This increase in attention may be one of the important factors driving MAV price fluctuations. 2️⃣ **Price Fluctuation**

According to BlockBeats news, on November 24, OVERTAKE announced the official launch of the newly upgraded Staking V2—STAKEHOUSE, introducing a "personalized recognition" mechanism that dynamically adjusts staking rewards based on users' real contributions, trading behaviors, and ecological participation, ending the previous "one-size-fits-all" reward model. The highlights of this upgrade are as follows: · STAKEHOUSE becomes the unified staking hub for the entire OVERTAKE ecosystem, supporting the integration of all staking activities and providing differentiated rewards based on users' trading, contributions, and participation levels. · Unified rewards will no longer be offered, as the system will provide personalized incentives based on users' activity levels and value contributions, eliminating passive rewards for "inactive holders". A limited-time event is also launched, exclusively for Airdrop users who participated on 11/25. Event time: November 25, 06:00.

According to Bloomberg, as the S&P 500 index recorded its largest weekly Fluctuation range since June 2025, market anxiety has significantly intensified, with the fear index VIX climbing to its highest level since April. Tech stocks experienced a sharp reversal following Nvidia's earnings report, with a single-day volatility reaching its highest since the tariff dumping wave on April 8, while Bitcoin has fallen about one-third from its historical peak, with an increasing correlation to the Nasdaq 100 index.

PANews November 23 news, according to Caixin.com, Richard Sandor, the father of carbon trading and founder of the Chicago Climate Exchange (CCX), believes that in the next five to ten years, all assets will be tokenized, and this trend is accelerating. Tokenization refers to the transformation of real-world assets into tradable digital asset warrants (Token) based on blockchain technology. Carbon will become another asset with a digital life, and in the future, AI, tokenization, and carbon trading will merge together to create a better world.

Gate News bot message, according to the official announcement from Gate on November 21, 2025 Gate has launched the PYBOBO token on its instant exchange platform. Users can now trade PYBOBO through the platform's instant exchange feature. After this launch, the number of cryptocurrency assets supported by the Gate instant exchange platform has exceeded 2,200, providing users with a one-click exchange service with no fees.

Mayuravarma, who ranked sixth on the Polymarket sports profit leaderboard, lost due to a one-time bet of $1.2 million on an NHL game, having previously increased his $5,000 to $3.8 million, only to lose all profits in just one week, which is quite regrettable.

Golden Finance reported that data shows that the group of people with a four-year college degree in the United States now accounts for a record 25% of the total unemployed, highlighting the sharp slowdown in white-collar hiring this year. The monthly data released by the U.S. Bureau of Labor Statistics on Thursday, which was delayed due to the government shutdown, shows that the unemployment rate for those with a bachelor's degree rose to 2.8% in September, an increase of half a percentage point from a year ago. In contrast, the unemployment rate for other educational levels has seen little to no increase during the same period. In September, there were more than 1.9 million unemployed Americans aged 25 and older with at least a bachelor's degree, accounting for one-quarter of the total unemployed. This proportion has never reached such a high level in data going back to 1992 before 2025. This indicates that younger, newly graduated college students are also struggling to find jobs. Michael Feroli, Chief U.S. Economist at JPMorgan, pointed out that college-educated.

Golden Financial reported that U.S. consumer confidence fell to one of its historical lows in November, as Americans became more pessimistic about their financial situation. According to data from the University of Michigan, the final consumer confidence index for November dropped from 53.6 in October to 51, just slightly above the preliminary value. The current conditions index fell by 7.5 points to a record low of 51.1. Consumers' views on their personal finances are at their most pessimistic level since 2009. Survey director Joanne Hsu stated, "Consumers remain frustrated by persistently high prices and declining incomes." The data shows that consumers expect prices to rise at an annual growth rate of 4.5% over the next year, which has slowed for the third consecutive month. They anticipate an average price increase rate of 3.4% over the next five to ten years, down from 3.9% in October. While Americans' concerns about inflation have eased somewhat, they still feel anxious about high living costs and job security.

Golden Finance reports that the crypto assets liquidity provider GSR has expanded its institutional trading and funds management platform GSR One, integrating market making, systematic OTC trading, and funds management into a single system. This upgrade allows clients to gain real-time insights into various aspects of market activity. Features include order book depth, custom analytics, programmatic execution tracking, enhanced market making insights, and direct wallet control and security management. GSR One has also optimized the user sign up process, integrated funds management workflows, and enhanced features including expanded forex trading capabilities and increased asset coverage.

Golden Finance reported that officials in the Trump administration are preparing for possible cabinet adjustments after the first anniversary in office. (CNN)

According to ChainCatcher news, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Chengyu, stated that they are jointly advancing research on the applicability of existing laws to tokenized bonds, in order to promote the adoption of tokenization technology in the Hong Kong bond market. Details will be announced in the first half of next year. Hui Chengyu mentioned that the previously issued third batch of tokenized green bonds introduced the option of settlement in Central Bank currencies tokenized in RMB and HKD, making it one of the first digital bonds globally to apply these two tokenized Central Bank currencies in the settlement process.

PANews, November 21 news, according to historical pullback data on Bitcoin provided by Charlie Bilello, as of November 21, 2025, Bitcoin has pulled back from its historical high of $126,000 at the beginning of October to the current $82,000, a fall of approximately 35%. This is one of several large pullbacks in Bitcoin's history, with the pullback magnitude comparable to the 32% at the beginning of 2025, but far lower than the pullback levels of 78% and 84% in 2021 and 2017, respectively. Data shows that Bitcoin has experienced multiple pullbacks exceeding 50% in its history, but each was followed by a significant price rebound, with the highest rebound reaching 1504%. The current pullback is within the normal range of Bitcoin's historical volatility.

Gate News 机器人消息，加密货币影响者 Andrew Tate (@Cobratate) 在 Hyperliquid 上经历了另一个比特币交易挫折。他在 BTC 上的最新多头头寸在开仓一小时内被强制平仓。这标志着 Tate 在 Hyperliquid 平台上的第 84 次强制平仓。

Gate News Bot news, on November 21, according to CoinMarketCap data, ZK (ZKsync) is currently priced at 0.04 USD, having fallen by 15.46% in the last 24 hours, with a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 393 million USD, a decrease of about 71.93 million USD from yesterday. Important news about ZK recently: 1️⃣ **Large Token Unlocking Triggers Market Fluctuations** At 4 PM Beijing time on November 17, ZKsync (ZK) unlocked approximately 173 million tokens, accounting for 3.37% of the current circulation, worth about 9 million USD. This large-scale unlocking event may lead to an increase in market supply in the short term, which is one of the main reasons for the fall in ZK prices. 2️⃣ **ZK Nation community proposal to upgrade token

Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, PUMP (Pump.fun) is currently priced at $0.00290955, having fallen by 8.65% in the last 24 hours, with a highest point of $0.00368411 and a lowest drop to $0.00277408. The 24-hour volume reached $236 million. The current market capitalization is approximately $1.03 billion, a decrease of $97.4739 million compared to yesterday. Currently, PUMP ranks 62nd in global crypto assets market capitalization. Important news about PUMP recently: 1️⃣ **"Mayhem Mode" effect is below expectations** The "Mayhem mode" launched by Pump.fun last week did not significantly drive platform growth. One week after the mode went live, the platform's average daily new coin issuance increased by less than

According to ChainCatcher news and reports from Jin10, Vanguard, a global large asset management company, stated that due to the massive capital expenditure boom in the field of artificial intelligence driving the economy's sustained rise, the Fed's rate cut is expected to be much lower than Wall Street's current widespread expectations. Sara Devereux, head of fixed income, predicts that the Fed may cut rates one to two more times next year, a forecast that sharply contrasts with the market's general bet on three to four rate cuts by the end of 2026.

Golden Finance reports that event-driven investment firm Pentwater Capital has acquired an 8.5% stake in Core Scientific, becoming one of the important hedging fund shareholders of this Bitcoin mining and data center operator. According to the latest Schedule 13G filing submitted on Friday, Pentwater reported that it holds 26 million shares of Core Scientific stock, accounting for 8.5%. Core Scientific's stock price has retraced 35% since reaching a historical high of $22.9 last month. Based on the current price of around $15, this position is worth approximately $400 million. Pentwater manages about $18 billion in assets and was one of the top ten shareholders of Twitter before Elon Musk's acquisition.

According to Foresight News, Mike Alfred, founder and managing partner of Alpine Fox LP, tweeted that "they (institutions) are doing everything possible to use various means, including manipulating Perptual Futures, futures, and other derivations, to try to drive down the price of Bitcoin. They are working overtime to intimidate the public, trying to make them sell Bitcoin. Don't be fooled! This is one of the biggest eyewash I've seen in the market." Tom Lee, chairman of BitMine, later retweeted the post and expressed his agreement.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, PIEVERSE (Pieverse) is currently priced at $0.39, having risen 37.89% in the last 24 hours, with a high of $0.55 and a low of $0.11. The current market capitalization is approximately $68.6 million, an increase of nearly $18.9 million compared to yesterday. Important news about PIEVERSE recently: 1️⃣ **Gate Flash Exchange Platform Adds Support for PIEVERSE** Gate announced on November 14 that its flash exchange platform has added support for the PIEVERSE token. Users can now perform one-click exchange transactions with USDT through the flash exchange feature, and no transaction fees are required. This move greatly enhances the liquidity and accessibility of PIEVERSE, providing investors with more opportunities.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, DEGO (Dego Finance) is currently priced at 0.65 USD, with a rise of 12.14% in the last 24 hours, reaching a high of 0.66 USD and a low of 0.55 USD. The 24-hour volume reached 17.7 million USD. The current market capitalization is approximately 13.6 million USD, an increase of about 1.47 million USD compared to yesterday. Important news about DEGO recently: 1️⃣ **Volume surge drives price pump** DEGO's volume reached 17.7 million USD in the past 24 hours, indicating a significant rise in market interest for the project. The increase in trading activity provides strong support for the price and is one of the main factors driving DEGO's rise of 12.14%. 2️⃣ **market capitalization突破1300万

BlockBeats news, on November 21, Federal Reserve Bank of Philadelphia President Harker stated that when considering monetary policy over a longer period, one should focus on balancing Inflation and labor market risks. There are upward risks to inflation and downward risks to employment, and monetary policy must be cautiously balanced. The U.S. economy is performing well. The rate cuts so far have been appropriate, but each rate cut sets a higher threshold for the next one. (Jin10)

ChainCatcher news, according to Jin10 reports, Fed's Paulson stated that when considering long-term monetary policy, one should focus on balancing Inflation and labor market risks.

ChainCatcher message, the self-custody Web3 bank Tria announced the launch of its one-month Treasure event to reward those who have been using Tria. Specifically, from November 19 to December 15, Tria will fully reimburse one eligible X user for a Tria consumption every day.

Odaily News Nasdaq-listed AVAX treasury company AVAX One announced that its board has approved a stock repurchase program of up to $40 million. This repurchase program will last for one year and may be executed from time to time through open market transactions or other methods permitted by applicable securities laws and regulations. The timing and amount of repurchases will depend on market conditions, regulatory requirements, capital allocation plans, and other company factors. (Prnewswire)

According to Gate News bot, as of November 20, 2025, the Gate flash exchange platform has added BOB Token exchange services. Users can now swap BOB with over 2200 other cryptocurrencies through the Gate exchange platform, supporting trading pairs like USDT/BOB. The platform provides a one-click exchange feature, allowing users to exchange tokens without paying fees.

Chainlink (LINK) continues to be affected by negative market sentiment in November. The selling pressure has caused its price to fall 50% from the peak of the last quarter. However, Grayscale and several analysts still maintain a bullish outlook. The decline over the past three months has also brought LINK back to its most important support level in the past two years. Grayscale is one of the largest investment firms in the digital asset space and recently released a highly optimistic research report on the LINK token. The report emphasizes Chainlink's role as the infrastructure layer for decentralized finance (DeFi) and asset tokenization. This report describes Chainlink as a middleware module that enables on-chain applications to securely use off-chain data and allows them to interact across blockchains, meeting enterprise-level compliance requirements.

According to an analysis report shared by XWIN Research Japan, if the Fed chooses not to cut interest rates at next month's highly anticipated meeting, Bitcoin may remain stuck in a narrow trading range until the end of December. The Federal Open Market Committee meeting in December (FOMC) is expected to be one of the most unpredictable meetings in recent years. The U.S. government shutdown has forced the Bureau of Labor Statistics to cancel the October employment report and delay the data releases for October and November, leaving policymakers to attend the meeting with unclear information.

Gate News Bot news, on November 20th, according to CoinMarketCap data, FARTCOIN is currently priced at $0.28, with a 13.31% rise in the last 24 hours, peaking at $0.29 and dipping to a low of $0.23, with a 24-hour volume of $118 million. The current market capitalization is approximately $284 million, up $33.4 million from yesterday. Fartcoin is a blockchain-based cryptocurrency project with a contract address of 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump. The project has the slogan "one fart at a time disrupting the crypto space," emphasizing the idea of "no secret groups, free to fart." FARTCOIN is currently available on some

Gate News Bot news, on November 20, according to CoinMarketCap data, PIEVERSE (Pieverse) is currently priced at $0.28, with a rise of 17.96% in the last 24 hours, reaching a high of $0.37 and a low of $0.11. The current market capitalization is approximately $49.7 million, an increase of $7.57 million compared to yesterday. Pieverse is a blockchain-based timestamp service platform designed to provide compliance and auditability for Web3 payments. The platform achieves business-ready payments through blockchain timestamps and compliance intelligence. The main features of Pieverse include immutable time proofs, business integration, security and compliance, and document verification. The platform supports one-click receipt generation and integrates with multiple wallets to support compliant receipt creation. Pieverse also offers rewards.

According to a report from Jinse Finance, the crypto assets trading platform Bitso has released a latest report indicating that Latin America is experiencing a breakthrough year in the adoption of crypto assets. The Coinchange regulatory report shows that the usage rate of crypto assets in the region is expected to rise by 116% in 2024 and by another 65% in the first half of 2025, with the total number of users now exceeding 57 million. This significant rise is mainly attributed to the improved regulatory environment, the increasingly mature market, and the positive regulatory initiatives in the US and Europe. Brazil has become a regional regulatory leader with the enactment of Law No. 14,478 in 2022, establishing a comprehensive encryption framework; Chile has laid the foundation for digital assets through the 2023 Fintech Law; Mexico's 2018 Fintech Law is one of the earliest regulatory frameworks in the world to officially recognize virtual assets. Bitso's Chief Corporate Affairs Officer Felipe Vallejo stated that now is the time to build a modern and flexible

Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, BDXN (BONDEX) is currently priced at $0.07, with a rise of 35.85% in the last 24 hours, reaching a maximum of $0.14 and dropping to a minimum of $0.04. The current market capitalization is approximately $11 million, an increase of $2.89 million compared to yesterday. BONDEX is a networking platform focused on Web3 professionals. It aims to connect talent with top companies, providing a platform where Web3 professionals can be discovered. BONDEX has over 2 million users, making it one of the largest talent pools in the Web3 space. The platform offers AI-driven job matching, a curated job board with referral rewards, and public profiles designed specifically for Web3. BONDEX's goal is to become the future of the Web3 professional network, for

PANews, November 20 news, China's Central Bank has kept the one-year and five-year Loan Prime Rate (LPR) unchanged at 3% and 3.5% respectively, maintaining the unchanged rate for six consecutive months.

Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of this report, BTC (Bitcoin) is currently priced at 91756.33 USD, down 0.59% in the last 24 hours, reaching a high of 104,000 USD and a low of 88526.83 USD, with a 24-hour volume of 800.84 billion USD. The current market capitalization is approximately 1.83 trillion USD, a decrease of about 10.929 billion USD compared to yesterday. Bitcoin is an innovative payment network and a new type of currency. Bitcoin operates using peer-to-peer technology, without a central authority or bank managing it; transaction management and the issuance of Bitcoin are conducted collectively by the network. Bitcoin is open source; its design is public, no one owns or controls Bitcoin, and everyone can participate. Through Bitcoin's many unique properties, it

BlockBeats news, on November 20, according to CNBC reports, Bitwise CEO Hunter Horsley stated, "The encryption world is going to see an ETF feast. I believe there will be more than 100 products launched. We will see a large number of single-asset encryption trading platform products (ETPs). However, what excites me the most is the rise of index-based encryption ETPs." Despite the challenging market, he still believes that index ETPs will be one of the most important stories in the encryption field next year and will ultimately become one of the largest categories of interest for investors. Hougan added, "This industry will be ten times larger in the future than it is now." Bitwise launched on October 28.

Odaily News Economist Alex Krüger posted on the X platform, pointing out that since 2018, Bitcoin has experienced 11 big dumps. Although short-term weakness after each big dump is a common phenomenon, a rebound has occurred almost every time after a big dump. This pattern is one of Bitcoin's most reliable behavioral advantages: when panic reaches its peak, expected returns tend to rise significantly. In past cycles, whenever the Crypto Assets Fear and Greed Index dropped to 10 or below, Bitcoin consistently delivered strong expected returns.

The Royal Group of the UAE has accumulated approximately 6,450 Bitcoins through state-supported Mining activities, making it one of the largest Bitcoin sovereign holders in the country. As of 2025, the Holdings are valued at around $590 million. These Bitcoins were obtained by Citadel Mining through Mining facilities.

Odaily News In addition to the staunchest allies, almost no one publicly supports Trump's idea of "distributing $2,000 checks" to achieve the so-called "tariff bonus." However, Terry Haines, founder of Pangaea Policy, even stated in a report to clients this week that tax refund checks are "highly likely." He pointed out that this idea could be included in the upcoming "budget reconciliation bill" to be introduced in Congress, which could pass solely on Republican votes. He wrote, "Trump is increasingly discussing this matter with greater certainty, and Trump and Congressional Republicans have the legislative means to accomplish it, so the market should view it as a fact today." (Jin10)