1. Us non-farm payrolls data for February fell short of expectations, and unemployment rate rose to 4.1%
Non-farm payrolls in the United States rose by 151000 in February, below market expectations of 160000. The unemployment rate in February in the United States is 4.1%, which is expected to be 4.00%, compared with the previous value of 4.00%.
two。 Fiscal neutral strategies for future Bitcoin purchases in the United States include judicial forfeiture, gold selling and mining.
Analyst @ kanazawa0x0 pointed out that the fiscal neutral strategies for the United States to buy bitcoin in the future include continuing judicial forfeiture, selling gold to buy bitcoin, earmarking other revenue for bitcoin purchase, and mining bitcoin using existing underutilized computing resources or energy.
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3. Encryption czar David Sacks: Trump has signed an executive order to establish a strategic bitcoin reserve
Ldquo; encryption Tsar rdquo;David Sacks, head of AI and encryption at the White House, tweeted that Trump had signed an executive order to establish a strategic bitcoin reserve, funded by bitcoins acquired by the federal government through criminal or civil asset forfeiture procedures and did not involve taxpayer funds. These bitcoins will be used as stores of value and will not be sold. In addition, the executive order also established a US digital asset reserve to store confiscated digital assets other than bitcoin, but will not further acquire new assets. The reserves will be managed by the US Treasury.
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4. Us Senator Elizabeth Warren questioned government officials’ involvement in encrypted conflicts of interest
Us Senator Elizabeth Warren sent a critical letter to David Sacks, the head of government encryption and AI affairs, on the day of the White House’s first digital assets summit, questioning the possible conflict of interest between him and relevant officials in formulating policies. Warren noted that the Trump administration’s push for the encryption industry could push up the value of existing assets and require the disclosure of the identities of officials involved in encryption strategic reserve decisions and their investments. Sacks had previously said it had emptied its positions in personal encryption assets, but the Bitwise index fund in which it had invested included five strategic reserve assets previously announced by Trump (BTC, ETH, SOL, XRP, ADA).
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5. Public wallets of the United States government currently hold 198109 BTC
The U. S. government’s public wallets currently hold 198109 BTC (about $16.92 billion). Trump signed an executive order this morning to establish a strategic bitcoin reserve and will not sell any bitcoin stored in the reserve. The US government has previously transferred about 222684 BTC (then worth about $3.28 billion, now worth about $19.42 billion) to Coinbase, Coinbase Prime and other unknown wallets at an average price of $14736 each. At current prices, the U. S. government lost about $16.14 billion on the early sale of BTC.
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