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Musk will travel to Capitol Hill on behalf of DOGE to discuss federal government reform

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2024-12-05 16:20:41
Elon Musk and Vivek Ramaswamy will travel to Capitol Hill today to discuss with House and Senate Republicans major reform ideas "to achieve deregulation, executive cuts and cost savings". This follows President-elect Donald Trump's announcement on November 12 that Musk and Vivek Ramaswamy will co-lead the Department of Government Effectiveness (DOGE) when he becomes president, paving the way for dismantling government bureaucracy, cutting excess regulations and wasteful spending, and restructuring federal agencies. All of this is part of Trump's agenda to "save America" in his second term in the White House.
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10:02 2025-03-16
Polymarket predicts a 17% chance of Bitcoin hitting $200,000 this year.
Polymarket's prediction market, "What price will Bitcoin reach in 2025", has so far predicted a 4% chance of Bitcoin reaching $1 million, a 14% chance of reaching $250,000, a 17% chance of reaching $200,000, a 27% chance of reaching $150,000, a 40% chance of reaching $130,000, and a 51% chance of reaching $120,000. As of now, the size of the prediction pool is close to $5.20 million.
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ZK Nation: ZIP-8 voting period will be extended until next Tuesday, the proposal intends to unlock the creation of new chains
ZK Nation posted on the X platform that since the quorum has been reached, the voting period for the ZIP-8 proposal will be extended to around 19:20 UTC on March 17 (3:20 Beijing time on March 18). It is reported that the proposal will update the new chain creation parameters to unlock the creation of new chains after the ZIP-6 upgrade. In addition, the low-severity L1GenesisUpgrade issue will also be fixed.
09:28 2025-03-16
A whale/institution withdrew 134,000 AUCTION from Binance 20 minutes ago
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09:28 2025-03-16
Unpositioned squaring positions in TON futures contracts rose 62% to $162.74 million
According to Coinglass data, or influenced by the news that "Telegram founder Pavel Durov has been allowed to leave France", the unpositioned squaring position of the TON futures contract on the whole network has increased by 62% in the past 24 hours, and is now reported at $162.74 million. The increase in unpositioned squaring positions often indicates greater price volatility. According to HTX market data, TON broke through $3.6 today and is now trading at $3.44, an increase of 17.12% in 24 ho...
09:13 2025-03-16
Early investors in Uber and Robinhood: Bitcoin has been monopolized by some giants and needs to be "rebooted" now
Jason Calacanis, an early investor in Uber and Robinhood and a well-known angel investor, wrote on the X platform that Bitcoin has been monopolized by some giants, and now is the best time to build a better Bitcoin, "the game needs to be restarted". However, Jason Calacanis's views seem to have caused disagreement in the industry. Brady Swenson, a co-founder of Swan Bitcoin, said that Bitcoin is a technological revolution that changes all industries, rather than following a single technology ado...
09:07 2025-03-16
European Central Bank Governing Council Member: US Support for Crypto Assets and Non-Bank Finance Saves the Way for Future Turbulence
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08:37 2025-03-16
North Korean hackers used mixed-currency funds to buy 437.60 billion PEPE worth $3.10 million on March 11
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08:31 2025-03-16
"20 times short BTC and ETH whale" took profit yesterday with 387.02 BTC short orders
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08:28 2025-03-16
ETP provider Leverage Shares plans to list its first cryptocurrency ETF "COIG" on Nasdaq
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07:54 2025-03-16
Next week's important macro event forecast: central banks announce interest rate decisions, the Federal Reserve FOMC announces interest rate decisions
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07:51 2025-03-16
Gitcoin Announces Details of Six Community Rounds for GG23, OSS Program Applications Set to Begin on March 17
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