On the afternoon of the 22nd, there were frequent dynamics in both the American political scene and the cryptocurrency sector. The Speaker of the US House of Representatives called on the incumbent President Biden to make a decision on his resignation. Elon Musk's actions sparked controversy and topped the Weibo trending list. Former President Trump continued to focus on health issues related to Biden, demanding investigations into any concealment. It was reported that former President Trump is considering nominating BlackRock CEO Larry Fink to succeed as Treasury Secretary. Law experts in the cryptocurrency field emphasized that the newly elected Democratic presidential candidate should pay more attention to cryptocurrencies. With Biden announcing his withdrawal from the presidential campaign, ActBlue, the Democratic fundraising platform, successfully raised over $50 million. Additionally, industry forecasts suggest that within the next few months, ETF issuers may apply for the issuance of physical ETFs including Bitcoin, Ethereum, and SOL. These dynamics indicate a close interaction between political changes and the fintech sector.