According to BlockBeats, on January 21, Ethereum Foundation staff member hww.eth (@icebearhww) announced on social media that the Ethereum Foundation has set up a new 3-of-5 multisignature wallet. The foundation has funded this wallet with 50,000 ETH and plans to use it to engage with the DeFi ecosystem. The foundation has already conducted test transactions on Aave using this new wallet.

On-chain data platform Onchain Lens tweeted that the Trump-backed crypto venture World Liberty Financial has purchased about 177,928 LINK tokens today worth over $4.7 million. The crypto venture purchased other coins, including 19.29 million TRX worth $4.7 million, 13,261 AAVE worth $4.7 million, 2,815 Ether worth $9.4 million, 43.46 WBTC worth $4.7 million, and 1,017,229 ENA worth... source: https://www.cryptopolitan.com/world-liberty-financial-purchases-link/

It appears Cuba's Ministry of Foreign Affairs promoted a memecoin early Monday before the account was later disabled. source: https://www.theblock.co/post/335888/cuban-x-account-appears-inactive-after-solana-memecoin-rug-pull-allegations?utm_source=rss&utm_medium=rss

Bitcoin retracts sharply from its all-time high and the sell-off in Official Trump has a resounding negative impact on most altcoins. source: https://cointelegraph.com/news/price-analysis-1-20-spx-dxy-btc-trump-eth-xrp-bnb-sol-doge-ada-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

TL;DR Trump assumed the presidency without mentioning Bitcoin in his inaugural speech, which caused a negative reaction in the crypto market. The price of Bitcoin fell to $103,000 after the lack of immediate presidential support for the creation of a strategic BTC reserve. Despite state initiatives in favor of Bitcoin, the absence of federal clarity ... source: https://crypto-economy.com/bitcoin-and-the-crypto-market-plummet-after-donald-trumps-inauguration/

The Department of Government Efficiency, or DOGE, has been targeted over rules on hiring, disclosures, and more as Trump takes office. source: https://decrypt.co/301890/elon-musk-doge-sued-trump-inauguration

Dogecoin (DOGE) experienced a short-term price surge, breaking past 0.38 USDT following US President Donald Trump's inaugural speech, in which he announced plans to establish a Department of Government Efficiency (DOGE). 

According to the latest data from Coinglass, the crypto market witnessed a significant $285 million liquidation over the past four hours, with losses primarily attributed to long positions.Key Liquidation Figures:Total Liquidation: $285 millionLong Position Liquidation: $219 million (76.8%)Short Position Liquidation: $65.85 million (23.2%)The sharp rise in liquidations comes amid heightened volatility in the market, with Bitcoin and major altcoins experiencing rapid price swings. Analysts suggest that the market's sudden movement may have caught many traders off guard, triggering widespread liquidations of overleveraged positions.What’s Driving the Liquidations?The current wave of liquidations could be attributed to:Market Uncertainty: Following recent price rallies and corrections in Bitcoin and other major cryptocurrencies.Trump's Pro-Crypto Policies: Speculation surrounding President Donald Trump’s potential Bitcoin strategic reserve plan has caused market fluctuations.Economic Factors: Ongoing anticipation of Federal Reserve policy decisions and inflation data releases.

The US treasury is expected to surpass its $36 trillion debt ceiling, a problem that President Trump may have to face on his first day in office. As a result, Bitcoin may experience a temporary correction to $70,000 before its next surge in the market cycle. The crypto market is experiencing a surge fueled by […] source: https://www.cryptopolitan.com/36t-us-debt-ceiling-signals-btc-correction/

The Department of Government Efficiency (DOGE), led by tech billionaire Elon Musk, is facing legal challenges. Three lawsuits were filed in federal court immediately after President Donald Trump was sworn into office. The lawsuits allege that DOGE has violated transparency laws and lacks diversity, sparking controversy over its influence on public policy.Key Allegations Against DOGEThe lawsuits accuse DOGE of failing to comply with the Federal Advisory Committee Act (FACA) of 1972, which mandates transparency through public meetings, balanced representation, and proper record-keeping.1. "Shadow Agency" Allegation by Democracy ForwardThe first lawsuit, filed by the left-wing legal organization Democracy Forward, describes DOGE as a “shadow agency” influenced by “unelected billionaires.” The suit alleges that the committee may impact millions of Americans without adequate oversight or transparency.2. National Security Counselors Challenge Operational ComplianceThe second lawsuit, brought forward by National Security Counselors, argues that DOGE failed to follow proper procedures in its establishment and operations. It further claims that the advisory body is dominated by tech industry executives, excluding a diverse range of viewpoints necessary for effective governance.3. Representation Concerns from Advocacy GroupsThe third lawsuit, jointly filed by Public Citizen, State Democracy Defenders Fund, and the American Federation of Government Employees, asserts that DOGE's members do not adequately represent the interests of the general public. The groups had previously applied for representation within DOGE but were reportedly ignored by Trump’s transition team.Transparency Concerns and Alleged Use of Encrypted CommunicationDespite Musk’s previous assurances that DOGE’s actions would be made public, the lawsuits claim that much of its communications occurred through the encrypted app Signal, raising concerns about a lack of openness and accountability.Legal expert McClanahan noted that DOGE's reliance on corporate decision-making strategies may result in "short-sighted policies," emphasizing that government operations differ significantly from private business management.Awaiting Official ResponseAt present, neither Elon Musk, President Trump, nor any DOGE representatives have responded to the legal complaints. The outcome of these lawsuits could have significant implications for the future operations of the department and its role within the Trump administration.

BFICoin은 PoC 프로토콜로 블록체인의 진화를 이끌며 여행, 게임, 금융과 같은 산업에서 광범위한 디앱 생태계를 조성합니다.