U.S. Treasury Secretary: Cryptocurrency Economy Will Persist

US Treasury Secretary Scott Bessent said in an interview with FOX Business: "The spirit of cryptocurrency is about freedom, and the cryptocurrency economy will continue to exist."

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Mainstream trading platforms have switched to negative funding rates, with Binance's BTC funding rate dropping to -0.0007%.

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🟠 Tesla banked $600M from its Bitcoin holdings, and MicroStrategy is next—with 45x the Bitcoin! 📺

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🗞 February 2, 2025 cryptocurrency news highlights

【Cryptocurrency】
Musk It (MUSKIT), a meme coin tied to Elon Musk’s name, has surged over 2,200% after Errol Musk announced his plans to raise $200 million for the Musk Institute, sparking speculation around the token 📈

【Economy】
U.S. Treasury Secretary: Cryptocurrency Economy Will Persist

【Indicators】
Mainstream trading platforms have switched to negative funding rates, with Binance's BTC funding rate dropping to -0.0007%.

【More】
MicroStrategy raises $563M by selling preferred stock to buy more Bitcoin. The deal exceeded its $250M target and offers investors an 8% fixed coupon, boosting Saylor’s crypto buying plan. ⬆️

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Bitcoin analysts warn of $95K ‘bear trap’ despite record $102K monthly close

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6% of all the money flowing into American ETFs is now Bitcoin.👌

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Ethereum Temporarily Falls Below $2,800‼️

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Bitcoin fell below $96,000 with a 24-hour decrease of 5.2%.📉

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BTC has dropped below 92,000 USDT, with the current price at 91,389.40 USDT, showing a 24-hour decrease of 9.59%.💰🔽

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In the past 24 hours, over $2bn was liquidated, including $1.8bn in long positions, as Bitcoin fell from $101,000 to below $92,000.

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DWF Labs Partner: Prepare to Buy Gradually, Watch How US Stocks Respond, Current Risk is High

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Cryptocurrency Concept Stocks Experience Broad Pre-market Decline, Coinbase Falls Over 7%

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Binance co-founder He Yi revealed that Binance has conducted over 120 investigations leading to the termination of more than 60 employees and the recovery of over $30m in illicit gains.

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MicroStrategy to raise $563 Million for Bitcoin purchases via its preferred stock offering 🔥

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🗞 February 3, 2025 cryptocurrency news highlights

【Cryptocurrency】
Cryptocurrency Concept Stocks Experience Broad Pre-market Decline, Coinbase Falls Over 7%

【Economy】
MicroStrategy to raise $563 Million for Bitcoin purchases via its preferred stock offering 🔥

【Indicators】
BTC has dropped below 92,000 USDT, with the current price at 91,389.40 USDT, showing a 24-hour decrease of 9.59%.💰🔽

【More】
Binance co-founder He Yi revealed that Binance has conducted over 120 investigations leading to the termination of more than 60 employees and the recovery of over $30m in illicit gains.

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Michael Saylor announced that MicroStrategy, holding 471,107 BTC worth over $30 billion, paused its stock sales for Bitcoin purchases. This breaks a 12-week streak of acquisitions, reinforcing its position as a top Bitcoin holder since 2020. ✋🪙

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U.S. President Donald Trump has signed an executive order to establish a federal sovereign wealth fund, announced during a Monday press briefing ✍️

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Trump Memecoin Ignites Crypto Frenzy, Searches for 'Buy Crypto' Surge 376% 📈

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Bitcoin rebounded this morning, breaking through $102,000 and then falling back, now priced at $101,577; Ethereum rebounded, breaking through $2,900 and then falling back, now priced at $2,873.📈🔼

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AI Sector Tokens Continue to Rebound, SAI Surges Over 200% in 24 Hours📈

SNAI rebounded by 225.7% in the past 24 hours, with a current market value of $38.82 million;
GRIFFAIN rebounded by 106% in the past 24 hours, with a current market value of $242 million;
BUZZ rebounded by 79.8% in the past 24 hours, with a current market value of $57.61 million;
GRIFT rebounded by 73.7% in the past 24 hours, with a current market value of $53.29 million;
AVA rebounded by 32.8% in the past 24 hours, with a current market value of $54.99 million.

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