6 out of the 22 cabinet members of US President Trump listed Bitcoin wallets or indirectly held cryptocurrencies through other financial instruments in their financial disclosures in January.
the market showed BTC falling below $83,000, now trading at $82,950.5, with a 24-hour increase of 0.62%. The market is volatile, so please manage the risk.
Bit Universe, a Hong Kong-listed company, announced that it has entered into a placement agreement with a placement agent, intending to place up to 40 million shares of placement shares to no fewer than six placees through the placement agent, at a price of 0.41 Hong Kong dollars per share, representing a discount of approximately 19.61% from the closing price of 0.510 Hong Kong dollars per share on the day. The company intends to use the net proceeds from the placement for the application of the relevant licenses required to operate a virtual asset trading platform.
Paul Eitelman, Chief Investment Strategist for North America at Russell Investments, said that due to the strong US economy, the next rate cut by the Federal Reserve is unlikely to come before May or June.
according to ai_9684xtpa monitoring, Ethereum has seen a record-breaking active sell-off in the past 3 months. A certain whale has cut losses and liquidated 6777 ETH (12.8 million USD) in the past 24 hours, with a loss of approximately 1.01 million USD.
DeFiance Capital founder and chief investment officer Arthur stated on social media that the cryptocurrency market may have entered the final stage of the "Fat Protocol Theory", which has caused long-term harm to the investment value of cryptocurrencies other than Bitcoin. He pointed out that the valuation of successful application projects is usually 5 to 15 times the revenue, while the valuation of infrastructure projects that have seen little growth in the past two years is still 150 to 1000 times the revenue. He believes that the speculative premium bubble of cryptocurrency infrastructure has officially burst.
the tool Bankrbot, which allows X users to directly issue meme coins on the platform, has reconfigured its system and stopped responding to commands from the AI model Grok developed by Elon Musk's xAI. Previously, interactions between Grok and Bankrbot had led to the creation of 17 tokens, with the most notable DRB token having a market value exceeding 30 million USD at one point.
