
On July 3rd, Pulte, the head of the Federal Housing Finance Agency (FHFA), called on Congress to investigate Federal Reserve Chairperson Jerome Powell, calling his recent testimony to the Senate on the Fed's headquarters renovation plan "deceptive". Pulte said: "I ask Congress to investigate Powell, investigate his political bias and deceptive Senate testimony - these are sufficient'good cause 'to remove him from office." Pulte's report on the matter was retweeted by Trump and said Powell should...
Pulte, the head of the Federal Housing Finance Agency, has called on Congress to investigate Federal Reserve Chairperson Jerome Powell, calling his recent Senate testimony on the Fed's plans to renovate its headquarters "deceptive". Pulte said: "I ask Congress to investigate Powell, his political bias and his deceptive Senate testimony - sufficient to constitute'just cause 'to remove him from office." Pulte's report on the matter was retweeted by Trump, adding that Powell...
Mantle spent $10 million buying 200 million WLFI six hours ago.
Nasdaq-listed bitcoin miner BitFuFu announced that it has signed a definitive agreement to acquire the Oklahoma bitcoin mine, which operates 51MW and trades at $400,000/MW, funded by cash and common stock on BitFuFu's balance sheet. It is reported that with the deployment of the AntMiner S21 series of mining machines, the average cash cost of mining one bitcoin at the site will be as low as $18,000 (excluding depreciation).
Nasdaq-listed Nano Labs announced that it has entered into a share purchase agreement with certain investors to sell 913,714 shares of the company's Class A common stock in a private placement. The purchase price of each Class A common stock is $6.46, and the total purchase price of the private placement is approximately $5.90 million. In addition, Nano Labs also stated that it has recently increased its holdings of Bitcoin. As of February 21, 2025, it holds a total of approximately 400 Bitcoin,...
President Trump said, I have signed an executive order to put the United States at the forefront of artificial intelligence and end the Biden administration's war on bitcoin and cryptocurrencies, marking the dawn of a new era of digital assets.
US President Donald Trump signed an executive order on February 18 local time in an attempt to strengthen the constraints on a group of independent federal regulators such as the Securities Exchange Commission (SEC), the Federal Trade Commission and the Federal Communications Commission. The executive order requires these agencies to submit draft regulations to the White House for review and to consult with the Trump administration on their priorities and strategic plans. Independent federal age...
According to official news, Tether today announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea. This strategic collaboration aims to explore the possibilities of blockchain and peer-to-peer technology to drive economic growth and position the country as a leader in digital transformation in Africa. It is reported that Tether aims to support Guinea's "Innovation City" project, which aims to consolidate the country's leading position in the digital economy by cre...
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.