On February 25th, U.S. consumer confidence fell sharply in February, and pessimism about the future has returned. The Consumer Confidence Index fell 7 points to 98.3 in February, while the Expectations Index fell 9.3 points to 72.9, according to Conference Board data. For the first time since June 2024, the Expectations Index fell below the 80 threshold that signals a recession. Stephanie Guichard, Conference Board senior economist, said: "The Consumer Confidence Index recorded its largest one-m...
While the content of the executive order signed by Trump on creating a national digital asset reserve is somewhat vague, Martins Benkitis, co-founder and CEO of market maker Gravity Team, has a clear opinion on what the key assets in the reserve should be. According to Benkitis, any digital asset reserve "should be based on Bitcoin." This applies to any country considering creating a digital asset reserve, he said.
Philippine banks are collaborating to create a peso-backed stablecoin, PHPX, aimed at improving cross-border transfers and financial inclusion. The PHPX token is scheduled to be launched between May and July. The PHPX stablecoin, developed by Singaporean startup Just Finance, will be launched on the Hedera decentralized ledger technology (DLT) network. According to the Ledger Insights report, participating Philippine banks include Union Bank of the Philippines, Rizal Commercial Bank, Cantillan B...
Trump created his own social media platform Truth Social: Trump chose Faulkender as US Treasury Deputy Secretary.
According to Trump's own social media platform Truth Social, Trump chose Faulkender as the US Treasury deputy secretary. According to market sources, Trump has selected Gail Slater as the assistant attorney general for the Justice Department's antitrust division.
According to Lookonchain, a user created a new wallet 7 days ago and withdrew 695 million TURBO (4.24 million USD) from Binance in the past 7 days!
Musk announced the PAC he created on the X platform in support of Trump's election.
Tracking website btcparser.com shows that a bitcoin address created in 2017 was activated after sleeping for more than seven years, first transferring 121.63 of the bitcoins on July 28. The bitcoin was originally deposited into the wallet on April 9, 2017, when the bitcoin price was only $1,187. After seven years of ups and downs, it rose from the original $144,374.81 to more than $8.25 million.
Musk said about political donations that he did create a political action committee (PAC) focused on supporting U.S. presidential candidates, but had not committed any donations to anyone. So far, the monthly funding is "well below" $45 million.
On-chain data analytics platform Arkham has announced that its team has created a dashboard to display the most flagged governments on Arkham, including the US, UK, Germany, and El Salvador. For each country, users can view their current BTC holdings, historical balance charts, and real-time information on recent transactions.