The following is a summary of important developments overnight on December 13 (21:00 - 7:00):

Covering key content such as Trump, Avalanche, French Hill, Alipay, etc.

Specific developments

1. Tether: Tether has minted an additional 1 billion USDT.

2. Trump's remarks: Trump stated that the stock market is everything to him. Additionally, Trump has been named Time magazine's Person of the Year for 2024. Furthermore, Trump suggested that the U.S. should establish a strategic reserve for cryptocurrency similar to that of oil.

3. Alipay news: Alipay has refuted claims regarding "Alipay supporting the purchase of cryptocurrencies," clarifying that it is false information.

4. Texas developments: Republican representatives in Texas have submitted a bill to establish a Bitcoin strategic reserve.

5. Avalanche situation: Avalanche has successfully completed a $250 million private financing round, with institutions such as Galaxy Digital participating in this investment.

6. Congressman related: Pro-crypto Congressman French Hill has won the position of Chairman of the Financial Services Committee.

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