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According to reports from Xinhua News Agency citing American media, senior Democratic Party officials in Congress have confirmed that after the Democratic Party officially takes control of Congress in January next year, several senior officials from the Trump administration, including Secretary of State Rubio, may become targets of investigations and impeachment.Senior Democratic members of the House of Representatives and the Senate have stated that they are considering launching investigations and holding congressional hearings, potentially initiating impeachment proceedings, with targets including Secretary of State Rubio, Secretary of Commerce Howard Lutnick, White House Chief of Staff Stephen Miller, and Border Affairs Director Tom Homan. Reports indicate that although the impeachment attempt against Secretary of Defense Hegseth was unsuccessful this week, the Democratic Party's oversight investigation plans extend far beyond just him.

Liquid Capital founder Yi Lihua stated that the Binance black swan event and the significant victory of the Democratic Party in the United States have had a considerable impact on both the AI stock market and the cryptocurrency market. Investors need to continuously adjust their strategies based on the market environment. Although there have been multiple successful exits at the peak previously, it is still necessary to be cautious of prematurely bottom-fishing at this stage, to avoid catching a falling knife at the "halfway up the mountain."

According to Politico, platforms including the prediction market platforms Kalshi and Polymarket may face stricter regulations after the Democrats won the midterm elections.Politico stated that during Trump's term, regulators had a relatively lenient attitude towards prediction markets, which facilitated their rapid expansion in areas such as politics, sports, and stocks. Several Democratic lawmakers, including Oregon Senator Jeff Merkley, criticized such markets for allowing betting on sensitive events like elections, wars, and assassinations, and called for stronger legislative constraints.

According to Jinshi Data, U.S. President Trump stated on social media that he has ordered the Department of Justice to immediately investigate the relevant actions. He accused Democrats of threatening to impeach U.S. Attorney General and other officials, and claimed that Democrats themselves admitted to lacking relevant reasons.Trump stated that Democrats also threatened Republican donors, warning of imprisonment and other punishments solely because they are Republicans or supporters of the Republican Party. He referred to these actions as "the highest level of extortion" and demanded accountability from those involved.Trump specifically named Michigan Senator Elissa Slotkin, claiming she threatened to pursue young people who identify with Republican values, as well as anyone who shows even a slight tendency to support the Republican Party. He called on Republicans to take swift action and stated that those who should truly be imprisoned are what he called "extortionists."

According to Bloomberg, over the past two years, the cryptocurrency industry has enjoyed a rare political advantage in Washington: the U.S. President has prioritized digital assets as a national priority, regulators have paved the way for it, and the Republican-controlled Congress has been sympathetic to its agenda. With the Democratic Party's significant victory in the midterm elections and control of Congress, the cryptocurrency industry is facing stricter rules and closer scrutiny of Trump's cryptocurrency business, and its political advantage is waning.The Democratic Party has indicated plans to impose stricter ethical constraints, stronger consumer protections, and to give the SEC a greater role in regulating digital assets. Cryptocurrency critics Maxine Waters and Elizabeth Warren are expected to wield greater influence in the House Financial Services Committee and the Senate Banking Committee, respectively. However, many of the cryptocurrency industry's achievements are difficult to reverse, such as the stablecoin bill which requires new legislation to be repealed.

As the Democratic Party in the United States regains a majority in Congress, the new committee leaders are preparing to request Nvidia CEO Jensen Huang to explain whether the company has taken sufficient measures to prevent AI chips from flowing into China and other U.S. adversaries. The Democrats will utilize their authority in key committees to summon executives from Nvidia and other Silicon Valley companies to attend public hearings and request documentation to assist in industry investigations. After the new Congress is inaugurated on January 3, the Democrats will officially control both the House and the Senate.Currently, three Republican members of the House overseeing national security-related committees have requested Jensen Huang to provide a briefing on his interactions related to Megaspeed International in Singapore. Meanwhile, lawmakers are negotiating three bipartisan measures involving restrictions on semiconductor manufacturing equipment sales to China, codifying existing AI chip sales restrictions, and requiring verification of the location of AI processors. Among these, the "AI Oversight Act" aims to maintain current export controls for 18 months; the "Chip Security Act" requires the U.S. Department of Commerce's Bureau of Industry and Security to ensure that AI data center chips exported overseas have security mechanisms to verify whether they are being diverted to China and other concerning destinations.

Galaxy Research Director Alex Thorn stated that after the Democratic Party won both houses of the U.S. Congress, significant progress in key digital asset legislation is still expected to be difficult, and the leadership of congressional committees will also change. He mentioned that Elizabeth Warren may become the chair of the Senate Banking Committee, while Maxine Waters is expected to regain control of the House Financial Services Committee.Several Republican lawmakers who support the crypto industry were defeated, but the pro-crypto camp did not suffer a complete loss. According to Stand With Crypto, 19 pro-crypto senators and 226 pro-crypto representatives have been elected. Tracking by Molly White shows that in 12 highly competitive elections, the side supported by crypto and AI political action committees lost 9, but won all in the safer 40 elections.Reports indicate that House Democrats are discussing expanding Waters' previously proposed "Crypto Investor Consumer Rights Act" into a broader crypto market structure bill. Thorn reiterated that no substantial progress is expected in Congress on key digital asset legislation. In the absence of legislation, the SEC, CFTC, and banking regulators have clarified crypto rules within their existing statutory authority, and the Trump administration still has two years to continue advancing related work.

Solana co-founder Anatoly Yakovenko predicts that the Democratic Party may turn its attention to the cryptocurrency industry, as no one really wants to stop the construction of data centers.

According to market news, the Democratic Party in the United States will target Apple, Meta Platforms, and companies owned by Elon Musk in their investigations.Previously, multiple media outlets reported that after winning control of both the House and Senate, the Democratic Party is preparing to use congressional oversight to investigate the business dealings of the Trump family, government officials, and large corporations, with potential targets including Musk. Bloomberg previously reported that Amazon, Apple, Comcast, Meta, Microsoft, and NVIDIA have received inquiry letters from Democratic lawmakers regarding their donations to Trump's gala before the midterm elections.

After the midterm elections, U.S. President Trump made two contrasting posts on Truth Social amid the sharp fluctuations in the U.S. stock market. On November 4th at noon local time, he stated that the stock market reached a historic high again, with 91 trading days breaking records in a short period, and wrote, "Your 401(k) is skyrocketing, all records."About a day later, on the evening of November 5th, on a day when the Dow Jones fell about 3.44%, the S&P 500 dropped about 4.36%, and the Nasdaq fell about 5.52%, he posted again stating, "The stock market experienced one of the worst trading days in history due to the election results," and emphasized, "It's not the Republicans, it's the dumb Democrats (Dumocrats)," while also advising not to panic, saying it would "become stronger than ever in some way." That evening, he made another post stating, "The stock market crashed today because the Democrats won big on Tuesday... you can only blame yourselves."

According to Bloomberg, the Democratic Party in the United States will leverage the oversight powers of relevant committees in the House of Representatives and the Senate over the next two years to exert pressure on the Trump administration in five key areas, focusing on government investigations, fiscal budgets, Iran policy, artificial intelligence regulation, and cryptocurrency legislation. In terms of cryptocurrency, the Democrats' previous efforts to establish a regulatory framework for the crypto market have stalled, primarily due to a lack of consensus between senators and the White House on ethical standards related to political figures' crypto businesses.This provision aims to limit potential conflicts of interest arising from Trump's personal cryptocurrency business, making the legislative prospects for crypto market regulation similar to the CLARITY Act even more uncertain. In the House of Representatives, Maxine Waters is expected to serve as the chair of the Financial Services Committee, but her long-held position is challenged by Sean Casten; in the Senate, Elizabeth Warren will take on the role of chair of the Banking Committee, where she has long held a critical stance on cryptocurrency, and Sherrod Brown will also return to the Senate.Additionally, regarding AI regulation, the Democrats plan to intensify investigations into AI companies and their CEOs, focusing on data center construction, risks associated with advanced AI models, and the technology's impact on the job market. On Iran policy, the Democrats may use defense budgets, congressional investigations, and war powers resolutions to check the Trump administration.

On November 6, U.S. President Trump posted that the stock market decline was blamed on the Democrats. He stated that the stock market experienced one of the worst trading days in history due to the election results, causing a retreat from levels that had been hard-earned, and mentioned that the related fluctuations led to a shrinkage of 401(k) retirement accounts.In his post, Trump claimed that this situation was not caused by Republicans but by the Democrats, using the term "Dumocrats." He also stated not to be afraid, claiming that soon things would become stronger than ever before in some way, and reiterated to make America great again.

After the Democratic Party won the midterm elections, U.S. stocks surged significantly on Wednesday, but as investors continued to pull out of tech stocks for the second consecutive trading day, the Nasdaq Composite Index plummeted on Thursday. The tech-heavy Nasdaq fell by 3.3%, and the S&P 500 Index dropped by 1.9%. The Dow Jones Industrial Average decreased by 489 points, a decline of 0.9%. Although stocks like Chevron and Johnson & Johnson rose, it was not enough to offset the drag on the Dow from the tech stock sell-off. AI-related stocks, especially those in the chip industry and data centers, fell for the second day in a row.According to Gate market data, AMD (AMD.O) fell by 12%, Micron Technology (MU.O) dropped by 9%, SK Hynix (SKHY.O) decreased by 8.8%, and Nvidia (NVDA.O) fell by 5%. The Philadelphia Semiconductor Index plummeted by 8%, reaching a new low since April 20. The Nasdaq Composite Index has dropped more than 10% from its closing record high set on October 6.Investors are concerned that the Democratic Party controlling both houses of Congress and winning key gubernatorial elections may lead to more regulation of AI infrastructure development across the United States.Jordan Watson, portfolio manager at Tandem Investment Advisors, stated that the stock market surge and the trend of funds pulling out of AI stocks may only be a temporary phenomenon. However, as investors digest the election results and their potential policy impacts, the market may face more volatility.