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BlackRock's BUIDL Becomes First On-Chain Fund Over $1 billion

According to The Block, BlackRock's BUIDL fund has surpassed $1 billion in assets under management, becoming the first institutional-grade on-chain fund to reach this milestone. BUIDL is backed by short-term Treasury bonds and provides daily returns to accredited investors, similar to stablecoins on the chain. Since its launch in March 2024, BUIDL has surpassed Franklin Templeton's BENJI and Hashnote's USYC to become the world's largest on-chain fund, accounting for about a quarter of the entire...

2025-03-14 01:55:41

Trump promises to embrace "industries of the future" such as cryptocurrency and artificial intelligence

Donald Trump Pouchou New York economy club public performance reaffirmation

In a public speech at the Economic Club of New York on Thursday, Donald Trump reiterated that if re-elected president he would make the US the cryptocurrency capital of the world and embrace "industries of the future" such as cryptocurrencies and artificial intelligence, saying: "We will not attack the industries of the future, we will embrace them, including making the US the world capital of cryptocurrency and bitcoin." In an hour-long speech, Trump explained...

2024-09-05 18:53:00

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19:46 2025-05-29

The US appeals court reinstated Trump's tariff measures during the appeal

Market news: The U.S. Court of Appeals has reinstated Trump's tariff measures during an appeal.

19:43 2025-05-29

House Speaker Johnson: We will write DOGE spending cuts into law

U.S. House Speaker Johnson: If you calculate correctly, the tax bill will reduce the deficit. We will write DOGE cuts into law. DOGE regulation will become a permanent function of government.

19:01 2025-05-29

BTC falls below $106,000

The market shows that BTC has fallen below $106,000 and is now quoted at $105,955.01, a 24-hour decline of 1.43%. The market is volatile, so please do a good job in risk control.

18:21 2025-05-29

The White House has vowed not to give up the tariffs and will consider other options in addition to appealing

Mr. Trump's enthusiasm for new tariffs has not diminished in spite of the worst blow yet to his signature tariff policies. White House officials were quick on Thursday to say that if his appeal failed, Mr. Trump would press ahead with the same tariffs through other legal powers. At the same time, the administration is also actively trying to overturn the court's decision, saying it will take the case to the Supreme Court as early as Friday if a federal appeals court does not overturn the origina...

18:12 2025-05-29

White House Press Secretary Levitt: Trump Cabinet Will Work with DOGE Staff in the Future

White House Press Secretary Levitt: The Trump administration will work with the Department of Government Effectiveness (DOGE) staff in the future.

18:12 2025-05-29

Goldman Sachs CEO: Bond traders are more concerned about U.S. government debt than tariffs

John Waldron, president of Goldman Sachs, said bond traders were increasingly concerned about rising US government debt levels, which had now become a bigger risk than tariffs. "While all the focus has been on tariffs, I think the focus is really shifting, especially in the bond market, to the US budget debate and the fiscal situation, which I think is a bit worrisome," said Mr. Waldron. "I think the biggest risk at the macro level right now is actually not tariffs anymore."

18:06 2025-05-29

The US House of Representatives has introduced a bipartisan digital asset regulation bill

According to market news, the US House of Representatives has introduced a bipartisan digital asset regulation bill.

18:06 2025-05-29

Tether CEO: 95% of profits will be used to continue reinvesting in bitcoin

"We have been particularly in the spotlight recently for generating huge profits," said Paolo Ardoino, Tether's chief executive, in a speech at the Bitcoin 2025 conference. "Over the past three years we have made about $20 billion. We have distributed less than 5 per cent of our profits to shareholders and 95 per cent has been used to expand our distribution network and continue to reinvest in Bitcoin, which we will discuss later."

18:03 2025-05-29

White House Press Secretary Levitt: Trump told Powell that not cutting interest rates was a mistake

White House Press Secretary Levitt: Trump told Federal Reserve Chairperson Jerome Powell that not lowering interest rates was a mistake.

18:00 2025-05-29

Federal Reserve Goolsby: If the court's ruling on tariffs leads to further extension of uncertainty, it will have a negative impact

Mr. Goolsbee said the impact would be more negative if the court ruling on tariffs extended uncertainty, and the administration could use other reasons to impose tariffs on imports.

18:00 2025-05-29

The White House: Courts should not play a role in the tariff issue

According to market sources, the White House called the U.S. Trade Court's ruling a judicial overreach. The courts should not have a role in the tariff issue.

17:54 2025-05-29

The whole network bitcoin contract unpositioned squaring position fell to $77.18 billion

According to Coinglass data, the unpositioned squaring position of the bitcoin futures contract on the whole network is 721,750 BTC (about $77.18 billion). Among them, the unpositioned squaring position of the CME bitcoin contract is 157,020 BTC (about $16.78 billion), ranking first; Binance Bitcoin contract has an unpositioned squaring position of 12.06 BTC (~ $12.90 billion), ranking second.

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