Odaily Planet Daily News QCP official channel posted that traditional financial markets are still digesting the dynamics of the US economy and paying attention to the latest developments in the high-risk US-China tariff war. US stocks are weak, and the S&P 500 index is difficult to defend the 6,000 point mark. Market volatility in the past week has caused a sharp shock in the crypto market, with BTC briefly touching $92,000 and ETH falling to $2,100. The US postponed tariff measures on Mexico and Canada, bringing some relief to the crypto market, but the US-China trade war remains a core risk. In addition, US crypto czar David Sacks announced the establishment of a working group at the meeting yesterday to promote stablecoin legislation and evaluate the feasibility of establishing a strategic Bitcoin reserve (SBR). Although the short-term impact is limited, it may be beneficial to the crypto market in the long run. In addition, the lack of cryptocurrency-specific catalysts in the short term makes the market vulnerable to negative price shocks. In this environment, defensive strategies and risk management are key, especially considering the large-scale liquidations that occurred on Monday.

According to Foresight News, Bullish Global, a cryptocurrency exchange operator, is contemplating an initial public offering (IPO) in the United States this year. The company is reportedly collaborating with Jefferies Financial on the potential listing. Bullish Global is a subsidiary of the blockchain software firm Block.One, which acquired CoinDesk in 2023.

Odaily Planet Daily News: Bitget market data shows that VINE rose to 0.17 USDT and is currently trading at 0.1662 USDT, with a 24-hour increase of 37.47%.

According to BlockBeats, on February 5, Ripple CEO Brad Garlinghouse expressed his views on social media regarding the significance of a recent press conference. He emphasized that any criticism of the event overlooks the broader implications. The press conference featured the participation of the Senate Banking Committee Chair, the House Financial Services Committee Chair, the Senate Agriculture Committee Chair, and the House Agriculture Committee Chair, alongside the crypto czar. They collectively pledged to advance legislation for cryptocurrency clarity, which Garlinghouse described as a major development and unprecedented in nature.

Ondo Finance launched a new platform that seeks to offer onchain exposure to U.S.-based securities, such as stocks, bonds and ETFs. source: https://www.theblock.co/post/338975/ondo-finance-launches-rwa-tokenization-platform?utm_source=rss&utm_medium=rss

"Crypto Czar" David Sacks hosted a press conference with Republican congressmen to signal the intention to pass crypto legislation. The post Crypto Czar and Republican Congressmen hope for legislation appeared first on Protos. source: https://protos.com/crypto-czar-and-republican-congressmen-hope-for-legislation/

India, a country that is well known for its hard stance and skepticism towards crypto, is facing pressure to also change its regulatory policy regarding crypto less they lose out.

Odaily Planet Daily News, RIpple CEO Brad Garlinghouse posted on the X platform, "Any criticism of today's press conference is 'seeing the trees but not the forest'. The Chairman of the Senate Banking Committee, the Chairman of the House Financial Services Committee, the Chairman of the Senate Agriculture Committee, and the Chairman of the House Agriculture Committee joined the Crypto Czar's press conference and promised to pass cryptocurrency clarity legislation. This is 100% a big deal (and something we have never seen before)."

Australia has banned the use of DeepSeek, a Chinese-developed AI chatbot, on government devices due to security concerns over privacy and malware risks. The decision follows similar actions by other countries and reflects growing caution about foreign technologies.

Key Points: Hong Kong Bitcoin Reserve push grows as the region accelerates stablecoin and crypto development, aiming to become a global financial leader. Hong Kong Bitcoin Reserve Boosts Strategic Development Hong Kong fast-tracks Bitcoin studies as a strategic reserve to maintain some level of competitiveness in the space of digital assets. This was quite an source: https://coincu.com/305503-hong-kong-bitcoin-reserve-pushes-crypto-adoption

The bill could lead to up to 20 years of jail time and fines of $1 million for individuals and $100 million for companies. source: https://cointelegraph.com/news/us-senator-josh-hawley-bill-deepseek-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily Planet Daily reported that according to monitoring by The Data Nerd, 4 hours ago, a smart money address spent $1,700 to buy 58.56 million SSE at pump.fun, which is now worth $2.43 million. The address has a floating profit of $2.42 million, with an ROI of 1,383 times.

Americans love Shein, Temu, and AliExpress for two reasons: cheap prices and fast shopping. But Trump Tariff wars might just change that. Trump's tariff orders is going to reverse something called the de minimis exemption, which is a rule that allows international exporters to ship packages worth less than $800 inspection-and duty-free into the United States.

Google has removed its previous commitment not to use AI for weapons or surveillance from its updated AI principles. The company now emphasises AI's role in supporting national security, global growth, and collaboration with governments and organisations.

Last week, the U.S. stock market was hit by the DeepSeek chatbot, big tech company earnings and the Federal Reserve's interest rate meeting. Just when the stock market seemed to have weathered these storms safely, the tariff threat came.

Trump, artificial intelligence, foreseeable trade conflicts, unpredictable Web3 settlement, Golden Finance, Trump returns, eradicates ills, Ma Gong dog house, kills all sides.

Tether expands beyond stablecoins with Tether Data, an AI-powered SDK integrating a voice assistant, AI translator, and Bitcoin wallet assistant. Announced by CEO Paolo Ardoino, it runs on a Bare JavaScript runtime to enhance crypto transactions and accessibility.

The reality is that each cycle is harder than the last. The number of market participants is increasing, competition is getting more intense, old players are getting smarter, and more people are losing out.

The real opportunity lies not in simply storing Bitcoin; it lies in integrating Bitcoin into the global financial system, thereby strengthening rather than undermining America’s economic leadership.

FTX will begin repaying small creditors (claims under $50,000) in the Bahamas on February 18, 2025, with 9% annual interest on their claims. Creditors outside the Bahamas will receive their payouts starting by March 4, 2025.