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According to Onchain Lens, the US government transferred 1,934 WETH (worth about $6.43 million) and 13.58 million BUSD from the seized assets of FTX Alameda to a new wallet address five hours ago.
Amazon will invest up to $50 billion to expand artificial intelligence and supercomputing infrastructure for U.S. government entities. The investment is scheduled to start in 2026.
The Department of Government Effectiveness (DOGE), which was created with much fanfare to reduce the size of government after President Donald Trump took office in January, has been disbanded despite having eight months left in its term. Asked about the current state of the Department of Government Effectiveness, Cooper, director of the US Office of Personnel Management, said: "It doesn't exist at all." Cooper added that the Department of Government Effectiveness was no longer a "centralized age...
Reuters quoted news on the 21st that the Trump administration is considering approving the export of H200 artificial intelligence chips from US chipmaker Nvidia to China. The report quoted sources familiar with the matter as saying that the US Department of Commerce, which oversees US export controls, is reviewing the change of export restrictions to China and said that relevant plans may change. The report said that the US Department of Commerce has not responded to this yet, and Nvidia has not...
According to Onchain Lens, in the past six hours, the US government has transferred the following seized assets to a new wallet address: FTX - Alameda 15,131,604 TRX valued at USD 4.20 million 545,095 FTTs valued at $348,940 744,213 KNC valued at USD 206,850 273 FETs worth $84 Bitfinex hacking related assets 1,066 WETH worth 3.01 million USD
Interest rate volatility is likely to rise again as the US government ends its shutdown, with US Treasury rates leading the way and economic data likely to beat expectations in both directions, interest rate strategists at Socie ́ te ́ Ge ́ ne ́ rale said in a report. "With the economic mechanism restarting, US dollar interest rates are expected to show the greatest volatility, and we maintain our bullish stance on US debt over German debt," the strategists said. They pointed out that the up...
A brief analysis by Anderson Economic Group LLC suggests that the economic impact of the longest US government shutdown in history will be significantly greater than that of the shutdown in 2018-19. The full impact is yet to be felt. "We won't see official government statistics for at least a month, but the private sector information we have right now is significant," said Patrick Anderson, the company's principal and chief executive.
On November 13, according to 4E observation, on November 13, the US House of Representatives passed a bill to end the government shutdown with 222 votes in favor and 209 votes against, marking the end of the short-term political impasse in the US federal government and providing some support for market sentiment. In terms of cryptoassets,...
The longest government "shutdown" in US history has ended with the signing of a temporary funding bill by US President Donald Trump. The bill will provide continued funding for the federal government, funding most government entities until January 30, 2026. (Kim X)
The US House of Representatives has cleared key procedural hurdles, paving the way for a full vote on the appropriations bill that has passed the Senate to end the government shutdown. As the shutdown enters its 43rd day, House lawmakers on Wednesday voted 213 to 209 to push the bill into its next phase. The appropriations bill will now be debated for one hour, followed by a final vote. The White House said earlier that Trump hoped to sign the bill to end the government shutdown tonight (Thursda...
