Has BTC bottomed out?

After experiencing a big drop a week ago (February 3), the price of Bitcoin (BTC) has been fluctuating around $97,000. Everyone is speculating whether the price of BTC has bottomed out. The most optimistic is Grayscale, which says that the price of BTC will reach a new high in the near future. Click to read more.

2. The answer to the version of the president issuing coins is that the gold content of the boomerang of history is still rising.

Following Trump, the first participant in the ‘Presidential Coin Issuance’ that the market has been anticipating has arrived. At around 7am Hong Kong time today, Faustin-Archange Touadéra, the President of the Central African Republic, tweeted that today we are launching CAR, an experiment designed to show how simple things like memes can unite people, support national development, and uniquely propel the Central African Republic onto the world stage. Click to read.

3. The intensification of policy games and the cooling of the cryptocurrency market, has the bull market come to an end?

The Chinese New Year, which is celebrated by the Chinese people, is actually a mess of encryption behind it. It was thought that the bright future of encryption was just around the corner after Trump officially took office, but on February 3, the encryption industry and even the global market were hit hard by the new president. Click to read.

4. Musk ‘Replacing’ Trump? Time Magazine Cover Full of Gunpowder

The standoff at 1300 Pennsylvania Avenue did not attract much attention. On February 1, a team under Elon Musk came to the U.S. Agency for International Development (USAID), just a few blocks from the White House, and requested full access to its headquarters. The USAID staff refused their request. There were no guns drawn, no physical confrontation, and no police intervention. But perhaps in the early days of the Trump administration, there was no other scene that could more clearly illustrate the forces reshaping the U.S. government. Click to read

5. Who has been intimidated by Bitcoin?

Overnight, BTC recovered slightly to around 97k. Recently, market sentiment has been low and on-chain activity has been quite sluggish. As mentioned in the article, “In the long run, if the block rewards continue to halve and transaction fees cannot fill the revenue gap, the issue of miner incentive models may become one of the ongoing debates in the community.” Sure enough, Ethereum Foundation researcher Justin Drake took the opportunity to write an article, suggesting that the total issuance limit of 21 million BTC could become a threat to future security. Click to read.