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After the rally and records in the Bitcoin price, analysts talked about the possibility of new records and said that this is just the beginning.
Share link:In this post: Elon Musk, Tesla’s CEO, is now the wealthiest AI mogul with over $300 billion. The combined fortunes of the top 8 AI billionaires neared $1.5 trillion. Mark Zuckerberg has seen his net worth balloon by nearly $140 billion.
Share link:In this post: Cardano founder Charles Hoskinson has confirmed he will work with Trump’s administration to regulate crypto. Hoskinson emphasized he will spend the better part of 2025 on the political spectrum, working with lawmakers to foster clarity in crypto regulations. The crypto pioneer initially endorsed Robert F. Kennedy Jr., who is now part of Trump’s team.
- 13:33Overview of important events on the evening of February 4th1. Suspected Movement team transferred 1,824 ETH to CEX; 2. The U.S. Treasury Department is being sued for providing sensitive information about DOGE to Elon Musk; 3. Canadian listed company Sol Strategies spent approximately $9.94 million to increase its holdings by about 40,000 SOL; 4. Mira Network launched a $10 million builder funding program called "Magnum Opus"; 5. Japanese listed company Remixpoint increased its holdings by 30.83 BTC, bringing the total Bitcoin position up to 509.33 BTC.
- 13:17Economist: Britain cannot remain neutral if Trump imposes tariffs on EUAccording to BlockBeats, on February 4, economists at Panson Macro said in a report that even if the UK avoids direct tariffs from the United States, it may have to choose sides between the United States and Europe in the trade conflict. The UK is highly exposed to global trade chaos because total imports and exports account for 64% of GDP. Given that other countries may respond with fiscal stimulus, the UK may need to take Trump's other threats more seriously, including tax cuts and inflation-boosting measures to deport immigrants. Trump's actions will be hawkish for British policy. (Jinshi)
- 13:16Industry insiders: Trump's establishment of a sovereign wealth fund may hope to acquire Bitcoin without bureaucracyGolden Finance reported that US President Trump has signed an executive order to establish a sovereign wealth fund. Danny McCabe, CEO of Flexa, pointed out: "Given the United States' clear support for digital assets, the sovereign wealth fund is likely to include Bitcoin, and may even include other "Made in the USA" digital assets with real economic utility, such as Ethereum. The inclusion of these digital assets will not only provide greater stability for the US economy, but will also be a major leap for the United States to become a leader in the field of digital assets." Austin King, co-founder of Omni Network, said that Trump's establishment of a sovereign wealth fund may be an alternative to acquire Bitcoin without a bureaucracy.