Former government efficiency department employee: DOGE may be paralyzed after Musk leaves office
2025-05-30 06:14:21
In his first interview since leaving the Trump administration, a former Department of Government Efficiency (DOGE) employee said that with Musk leaving the Trump administration, his government efficiency improvement projects are likely to stall. The Tesla CEO announced the end of his special government employee status on Wednesday night, but insisted that DOGE will continue to operate. However, insiders have revealed that the department, which has vowed to cut federal spending by $2 trillion, has actually saved only about $175 billion, and the statistics are riddled with loopholes.
After nearly two months at DOGE, Sahil Lavi, a software engineer, predicted that the unit would quickly "die down." "It's like a dying whimper," Mr. Lavi, who was fired earlier this month, told Reuters. "At the heart of the project's charm is Musk himself." He predicted that DOGE employees would "stop going to work one after another, like kids joining a startup that goes out of business in four months."
After nearly two months at DOGE, Sahil Lavi, a software engineer, predicted that the unit would quickly "die down." "It's like a dying whimper," Mr. Lavi, who was fired earlier this month, told Reuters. "At the heart of the project's charm is Musk himself." He predicted that DOGE employees would "stop going to work one after another, like kids joining a startup that goes out of business in four months."
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23:14 2025-06-15
Poll: More than half of Americans disapprove of Trump's performanceOn June 15 local time, according to the results of a poll conducted by NBC News Decision Desk, 55% of American adults over the age of 18 said they disapproved of Trump's handling of the presidency, while 45% said they were in favor, a figure similar to a poll conducted by NBC in April. According to the poll results, Americans gave a negative review of Trump's handling of several issues: 60% of respondents...
22:56 2025-06-15
Today's Panic and Greed Index is 50, with a neutral ratingToday's Panic and Greed Index is 50, with a neutral rating.
Notes: The Panic Index threshold is 0-100 and includes indicators: volatility (25%) + market volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin's share in the overall market (10%) + Google hot word analysis (10%).
22:53 2025-06-15
This week's important events: the Federal Reserve's interest rate decision, OPEC's monthly reportHere are the key points that the market will focus on in the new week (all in Beijing time):
The impact of Israel-Iran tensions on the market on June 16.
On June 16, OPEC released its monthly report.
• June 17, May retail sales figures;
On June 18, the Federal Reserve decided on interest rates.
On June 19, U.S. markets were closed until Thursday due to Juneteenth.
• On June 20, the Philadelphia Fed Manufacturing Index.
22:32 2025-06-15
The probability that the Federal Reserve will keep interest rates unchanged in June is 96.9%.According to CME "Fed Watch": The probability that the Fed will keep interest rates unchanged in June is 96.9%, and the probability of a 25 basis point cut is 3.1%. The probability that the Fed will keep interest rates unchanged in July is 77.9%, the probability of a cumulative 25 basis point cut is 21.5%, and the probability of a cumulative 50 basis point cut is 0.6%. (Jin Ten)
22:14 2025-06-15
About 9 million BTC has not moved in more than three yearsAccording to HODL15 Capital data, around 9 million BTC has not moved in more than three years, and 50% of bitcoin has not moved in more than two years.
21:46 2025-06-15
Failed crypto entity still controls $1.50 billion in on-chain wealthOver the past few years, a wave of digital asset companies have gone out of business for a variety of reasons, some of which were dragged down by earlier disasters such as the fiasco of FTX and TerraformLabs. Here are details of some of the wallets associated with these now-defunct companies, as well as those that are still on-chain.
Cryptocurrency companies like FTX, Blockfi and Terraform still hold $1.50 billion worth of digital assets.
• Alameda wallet holds $887 million
FTX still holds $61...
21:22 2025-06-15
Trump campaign co-manager: The cryptocurrency issue serves as a bridge to allow the Republican Party to engage with voters in historically left-leaning demographic groupsU.S. President Donald Trump's campaign co-manager, Chris LaCivita, said his campaign's focus on attracting voters' attention to cryptocurrency-related issues helped him win re-election.
LaCivita said the cryptocurrency issue served as a bridge for the Republican Party to reach out to voters in historically left-leaning demographic groups.
As Capitol Hill becomes increasingly aware of digital asset-related issues, Trump has welcomed the crypto community.
20:24 2025-06-15
Israeli Prime Minister: If Iran abandons its nuclear program, Israel is willing to stop its actionsOn June 15 local time, Israeli Prime Minister Benjamin Netanyahu said that Israel is willing to stop Iran's actions if it accepts the United States' demand to give up its nuclear program. He also said, "When we eliminate these capabilities, this will end, and we will definitely do it." Netanyahu said Israel had shared intelligence with the United States that Iran was developing nuclear weapons: "It is clear that they are developing a secret program to weaponize uranium. Their progress...
19:59 2025-06-15
Saylor Says He's About to Buy Bitcoin Amid Israel-Iran ConflictStrategy co-founder Michael Saylor hinted that the company will buy more bitcoin when the traditional financial marekt opens on Monday.
19:44 2025-06-15
Report: African Americans and Asian Americans are both more likely to own cryptocurrencies than whitesAccording to a report released by the Pew Research Center in 2024, both African Americans and Asian Americans own cryptocurrencies at a higher rate than whites. The data shows that 28% of Asian Americans and about 20% of African American adults report owning cryptocurrencies, compared to only 14% of white adults.
19:37 2025-06-15
Canadian Prime Minister Carney and British Prime Minister Starmer advance trade and technology cooperationCanadian Prime Minister Mark Carney and British Prime Minister Mark Starmer are advancing trade and technology cooperation, while Canada will introduce legislation to approve Britain's entry into the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).
19:19 2025-06-15
HSBC: RWA tokenization on public blockchains is expected to surge in the next 2-5 yearsHSBC Hong Kong is promoting the use of blockchain in custody, tokenization, and bond issuance. RWA tokenization on public blockchains is expected to surge in the next 2-5 years.
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