BTC falls below the $95000 mark
OKX-BTC/USDT is currently trading at $95030.60, with a 24-hour decline of 2.63%. Please be aware of market fluctuations.
Odaily Planet Daily News: According to White House officials, Trump has requested that heads of government agencies coordinate with Musk's Department of Efficiency (DOGE) to "significantly reduce the size of the government" and "limit recruitment to key positions. The White House briefing document states that for every four departing government employees, each agency can only recruit a maximum of one employee. Excluding roles in law enforcement, national security, immigration, and public safety. It is currently unclear whether the White House Internal Office DOGE has the authority to implement mass layoffs. On Tuesday, Musk appeared in the Oval Office with Trump to defend his actions, including allowing young employees to move between agencies, gaining access to sensitive computer systems and employee data, and in some cases closing offices and allowing employees to take leave, all aimed at shrinking the size of the government. Musk stated without providing evidence that the Treasury Department's system lacks "basic controls," including measures to prevent funds from flowing to entities on the "chargeback list," "which is like a large number of blank checks flying out of a building." Trump claimed that DOGE discovered "billions of dollars in waste, fraud, and abuse," but it has also not been confirmed. Trump has stated that he is willing to apply to Congress for the implementation of some of DOGE's recommendations if necessary. He criticized the federal judge for blocking several actions, but added that he will "comply with the court's rules". A federal judge in Rhode Island said on Monday that the White House did not fully comply with his order to disburse billions of dollars in federal funding. (Fortune)
1. Goldman Sachs holds a $1.558 billion Bitcoin ETF 2. BitGo plans to go public in the second quarter of 2025 3. Federal Reserve Chairman Powell says there has been no hard landing 4. Hong Kong accepts cryptocurrency as proof of assets 5. Trade uncertainty or impact on Federal Reserve policies 6. Ethereum ETF holdings reach historic high 7. The US stock market opened with a general decline 8. Ethereum's market value proportion decreases The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/442217
According to Bitcoin Magazine, Goldman Sachs reported holding $1.558 billion worth of BlackRock and Fidelity Bitcoin ETFs.
Odaily Planet Daily News: US CFTC Commissioner Summer K. Mersinger stated at a webinar on Tuesday for the conservative legal organization The Federalist Society that election campaign contracts on platforms such as Kalshi "will continue to exist". Mersinger said at the cryptocurrency focused webinar, "Congress can tell us different situations at any time. Of course, we will make adjustments and do what they demand. But as for the committee's future handling, unless rules are made to change the situation, election contracts will continue to exist, and we will have to adapt to this environment and market. I think this is a good thing Mersinger discussed whether predicting election events in the market would affect the fairness of elections and stated that "these contracts have many safeguards to ensure that certain manipulative behavior does not occur. I think we must carefully review these contracts because they are already online, but the days when we could unilaterally say 'no' and call everything a game are gone forever. The committee will have to adopt new methods, we must be more supportive of innovation, and understand that some things may seem different from what we know or are used to, but the differences are not bad." She pointed out that these platforms have practicality. (The Block)
BlockBeats News: On February 12th, according to the official website of the US Securities and Exchange Commission (SEC), Goldman Sachs submitted a 13F filing disclosing its holdings as of December 31, 2024, including multiple Bitcoin spot ETF shares, including: $1.27 billion IBIT (24077861 shares, an increase of 88% from the last declaration); 288 million US dollars FBTC (3530486 shares, an increase of 105% from the last declaration) and others.