Overview of Key Overnight Developments on December 13

1. Tether mints an additional 1 billion USDT;

2. Trump: For me, the stock market is everything;

3. Trump elected as Time magazine's 2024 Person of the Year;

4. Alipay refutes rumors: "Alipay supports purchasing cryptocurrencies" is false information;

5. Texas Republican representatives submit a bill to establish a Bitcoin strategic reserve;

6. Trump: I think the US should establish a crypto strategic reserve like oil;

7. Avalanche completes $250 million private financing, with participation from Galaxy Digital and others;

8. Crypto-supporting Congressman French Hill wins the position of Chairman of the Financial Services Committee.