According to Techinasia, the U.S. Department of Government Effectiveness (DOGE) said about $420 million of existing or pending contracts were canceled during the first 80 hours of Trump's second term. The canceled contracts were primarily related to the Diversity, Equity, and Inclusion (DEI) program, but also included the termination of two lease agreements and agreements related to vacant properties. The specific reason for the cancellation has not been disclosed.
Brian Armstrong, chief executive of Coinbase, said: "Bitcoin is a better form of money than gold."
Binance co-founder CZ wrote on the X platform that the "currency" of artificial intelligence is cryptocurrency.
Crypto research firm Glassnode said in an X post that Bitcoin's market dominance is on the rise. After bottoming out at around 54% in December 2024, Bitcoin's dominance has exceeded 57% in January 2025. This trend is similar to the 2020 cycle, when bitcoin dominance bottomed out at around 60% in November 2020 and then began to decline after rising to 69% in January 2021.
Thumzup announced that the company's board of directors has authorized the holding of 90% of the company's remaining cash in bitcoin. This decision supports the company's ongoing bitcoin acquisition efforts as part of its fiscal asset strategy announced on November 15, 2024.
On January 24th, according to foreign media analysis reports, there is an interesting sentence in the policy statement of the Bank of Japan that expresses the bank's confidence in the market: "Global financial and capital markets remain generally stable". It is reminiscent of comments made by Kazuo Ueda and other officials in August last year, when they said they would not raise interest rates when the market was unstable.
According to official news, multi-chain liquidity re-staking agreement Bedrock officially said that it has officially closed Veda Vault, and depositors will have one week to withdraw assets. This closure only affects Veda Vault, and the rest of Bedrock Vault will remain operational.
Sam Altman, founder of OpenAI, said that the free version of ChatGPT will launch the O3-mini. ChatGPT Plus will receive a lot of O3-mini usage.
Crypto exchange Phemex said that to ensure safety, we carry out urgent checks and strengthen wallet services, so withdrawals are temporarily suspended. Withdrawals will resume soon. We are working on a compensation plan, which will be announced soon. Continuing business is operating well and trading services are proceeding as usual.
The CEO of crypto exchange Phemex said that reports of suspicious transactions in its hot wallet are under investigation, and stressed that cold wallet assets are safe and users can check the relevant address for themselves.
Glassnode said that a key indicator related to BTC's 60-day price range is giving the green light to volatility bulls. This means that price movements could become more widespread, with recent money flows skewed towards bullish. Analysis by Glassnode shows that Bitcoin's 60-day trading range is now narrower than the current trading range, a pattern that has historically heralded volatility outbursts.
OpenAI CEO Sam Altman said on his social platform that by taking a closer look at @potus (the official account of President Trump's X platform), I did change my opinion of Trump (I hope I can think more and definitely not fall into the trap of NPCs). Sam Altman said: I won't agree with him on everything, but I think he will make a huge contribution to this country in many ways.
U.S. Rep. Gerald Connolly, Democrat of Virginia, has called on the U.S. House Oversight and Government Reform Committee to investigate whether President Trump's cryptocurrency enterprise conflicts with his presidential duties. Connolly said in a Jan. 21 letter to committee Republican Chairperson James Comer that Trump may have been removed from his W...
Gerry Connolly, the top Democrat on the House oversight committee, wrote to the committee's Republican chairperson a day after the start of Mr. Trump's new term demanding an investigation into the president's business ties. "The committee must take immediate action to investigate the serious conflicts of interest that Donald Trump has brought into the office of the president," he said in the letter.
Konstantin Lomashuk, founder of Lido, said that a second Ethereum Foundation was not actually created. He posted on Platform X: "No second foundation has actually been created. Ethereum is the ultimate world computer, and every Ethereum user can help it grow, develop, and succeed. If a second foundation does form, it must have a clear purpose to complement the tremendous work done by current contributors. I thank everyone for their support and believe we need more organizations for...