The opposition coalition led by Merz has won the German parliamentary election, the left-wing camp led by Chancellor Scholz has been defeated, and the far-right has risen like never before. Click to view...
As Michael Saylor-led Strategy (formerly MicroStrategy) accelerates its bitcoin purchases in the fourth quarter of 2024, institutional investment managers are also aggressively increasing their holdings of MSTR shares. According to the latest 13F report, institutional investment managers managing at least $100 million in equity assets continued to increase their positions in MSTR in the fourth quarter. According to Fintel data, Strategy currently has about 1,400 institutional shareholders, holdi...
The Bitcoin Office, under the leadership of the President of El Salvador, said in X that the National Library of El Salvador will have a Bitcoin section. Library visitors will not only find all the best books on Bitcoin, but will also have the opportunity to see the full node in action, as well as important information about its use in the Bitcoin network.
The Department of Government Effectiveness (DOGE), led by Musk, is seeking access to the IRS system, which includes detailed financial information for every taxpayer, business and nonprofit in the United States, according to two people familiar with the matter, raising deep concerns within the IRS. Under pressure from the White House, the IRS is considering signing a memorandum of understanding that would allow Department of Government Effectiveness officials broad access to the tax agency's sys...
A US judge has extended a temporary ban on Musk's Department of Government Efficiency accessing the US Treasury's payment systems. In the early hours of February 8 local time, a US federal judge temporarily blocked Musk's Department of Government Efficiency from accessing the government systems used by the US Treasury to process trillions of dollars in payments, citing the risk that sensitive and confidential information could be improperly leaked. The order was issued by US District Judge Engel...
The official website of DOGE, led by Musk, has been updated. The homepage shows the content of its official X account, and has launched modules such as "Saving", "Workforce", "Regulations", and job recruitment. According to its recruitment information, DOGE is currently seeking full-time paid software engineers, information security engineers, and other technical professionals. However, the updated website has not yet restored the previous logo icon with Shiba Inu elements.
US Republican Congressman Anna Paulina Luna will lead a new working group that will be responsible for the "declassification of federal secrets". It is reported that the working group will release classified documents related to the assassinations of former US President John F. Kennedy, former Attorney General, former US Senator Robert Kennedy, and civil rights leader Martin Luther King, according to an executive order signed by President Trump. In addition, the working group will also be respon...
Musk expressed support for former Congressman Ron Paul to lead the Federal Reserve's audit.
The Washington Post reported that Elon Musk's Department of Government Effectiveness team is using AI software from Microsoft's Azure cloud platform to conduct a comprehensive review of the US Department of Education's financial data. The review covers the department's contract spending, grant issuance and travel expenses, as well as information that can identify grant managers and internal sensitive financial data. The specific AI software model used has not been disclosed.
A US judge has temporarily restricted access to sensitive Treasury data by Mr. Musk's Department of Government Effectiveness, according to market sources.
Department of Justice prosecutors have agreed to temporarily restrict access to information in the Treasury Department's payment systems by staff at Musk's Department of Government Effectiveness (DOGE), after a group of union members and retirees sued the Treasury, alleging that giving DOGE access to the federal government's vast collection and payment system and the personal data stored therein violated federal privacy laws.
The change in US Treasury leadership could change the department's attitude towards cash held at the Federal Reserve, with strategists warning that the move could affect the US bond market. Bank of America and Wrightson ICAP LLC, among others, said the Treasury could reduce the amount of money held in Fed accounts as the cash balance - the cushion that ensures the US can pay its bills - shrinks. This would allow the government to issue fewer short-term bonds and further...
Bill McGinley, the chief counsel of the Department of Government Effectiveness (DOGE) under Musk, announced his resignation just days after Trump returned to the White House.
On January 22, the QCP released a daily market watch saying that the new leadership of the US SEC has established a special working group dedicated to developing a regulatory framework for crypto assets. Led by crypto mom Hester Peirce, it is expected to be a turning point in the digital asset space. After the initial disappointment after Trump's inauguration gradually subsided, Bitcoin has rebounded 3.8% and stabilized at around $105,000. However...
The leadership of the Ethereum Foundation is expected to undergo major changes, which may be related to the widespread criticism from the community.