The Rise of Index Investing in Crypto

[Democratic Congressman Requests Capitol Police to Investigate Trump's Social Media Remarks] The office of U.S. Democratic Congressman Jason Crow has requested the Capitol Police to investigate Trump's social media posts, stating that the content includes 'intimidation, threats, and alarming rhetoric.' In his posts, Trump referred to Democratic lawmakers as 'traitors,' called for their 'arrest and trial,' and mentioned that 'acts of insurrection could be punishable by death.' Crow noted that after Trump published these messages, his congressional office experienced a significant increase in phone calls and emails containing violent language and threats. It is extremely rare for a congressman to request police investigation into a sitting president, and this matter raises legal disputes over whether the president is subject to the normal procedures of the criminal justice system.

Nvidia's excellent financial performance failed to calm the market's concern about the AI foam, and technology stocks declined due to the shift to defensive sectors and valuation issues. （Decrypt）

Billionaire Grant Cardone purchased over 180 bitcoins for $15 million and continues to increase his holdings. （The Bitcoin Historian）

Michael Saylor stated that Strategy's investment in Bitcoin worth $5.5 billion was not affected by concerns about the delisting of the index. （Decrypt）

Analysts say the latest drawdown is exposing a divide between fast-money traders and long-term allocators who view the pullback as an opportunity.They see bitcoin’s ownership mix and regulatory progress limiting the severity of this cycle’s decline compared with past downturns.