币世界中本聪 Satoshi Nakamoto
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100 Days into Trump's Presidency, Crypto Market Evaporates $537 Billion; Where Does Bitcoin Go?
On Monday, U.S. stock indices opened, with the Nasdaq slightly up 0.06%, the S&P 500 index rising 0.2%, and the Dow Jones index up 0.5%. Morgan Stanley stated that uncertainty surrounding U.S. tariffs, especially repeated changes, has led capital to shift to non-U.S. assets. This Thursday, the Bank of Japan will announce its interest rate decision, with the market expecting 0.5%, the same as the previous value.
Back to the point:
TheBlock reported that two bills (Arizona Strategic BTC Reserve Bill) passed the final vote in the House of Representatives, awaiting Governor Katie Hobbs' signature. Arizona may become the first state in the U.S. to require public funds to invest in BTC. Among them, Bill SB 1373 proposes to establish a digital asset strategic reserve fund managed by the state treasurer, with funding sources including seized assets and legislative appropriations, allowing up to 10% of the fund to be invested in BTC and other digital assets each fiscal year. Bill SB 1025 allows the state treasury and pension systems to invest up to 10% of available funds in digital assets, focusing on BTC. Currently, several states, including Iowa, Missouri, and Texas, are considering whether to establish BTC reserves. Elon Musk posted on social media that the early test version of Grok 3.5 will be released next week, exclusively for SuperGrok subscribers. Bloomberg ETF analyst James Seyffart stated that the listing date for ProShares' XRP ETF has not yet been determined. According to CoinGecko data, 100 days into Trump's presidency, the crypto market has evaporated $537 billion in market value. ETH founder Vitalik Buterin stated that the ETH Foundation (EF) has set two main goals: the primary goal is to enhance the utilization rate of ETH, particularly emphasizing user scenarios that allow real benefits from ETH's underlying properties; the second is to comprehensively enhance ETH's resilience and decentralization, focusing on identifying and addressing potential weaknesses across various layers of the tech stack.
Back to the point:
TheBlock reported that two bills (Arizona Strategic BTC Reserve Bill) passed the final vote in the House of Representatives, awaiting Governor Katie Hobbs' signature. Arizona may become the first state in the U.S. to require public funds to invest in BTC. Among them, Bill SB 1373 proposes to establish a digital asset strategic reserve fund managed by the state treasurer, with funding sources including seized assets and legislative appropriations, allowing up to 10% of the fund to be invested in BTC and other digital assets each fiscal year. Bill SB 1025 allows the state treasury and pension systems to invest up to 10% of available funds in digital assets, focusing on BTC. Currently, several states, including Iowa, Missouri, and Texas, are considering whether to establish BTC reserves. Elon Musk posted on social media that the early test version of Grok 3.5 will be released next week, exclusively for SuperGrok subscribers. Bloomberg ETF analyst James Seyffart stated that the listing date for ProShares' XRP ETF has not yet been determined. According to CoinGecko data, 100 days into Trump's presidency, the crypto market has evaporated $537 billion in market value. ETH founder Vitalik Buterin stated that the ETH Foundation (EF) has set two main goals: the primary goal is to enhance the utilization rate of ETH, particularly emphasizing user scenarios that allow real benefits from ETH's underlying properties; the second is to comprehensively enhance ETH's resilience and decentralization, focusing on identifying and addressing potential weaknesses across various layers of the tech stack.
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