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▌Musk's xAI builds a $700 million data center in Atlanta
According to Business Insider, Musk's xAI is building a $700 million data center in Atlanta with 12,448 Nvidia GPUs. To support artificial intelligence training. The data center is operated by xAI and X, where X contributes 90% of the hardware, allocated funds to X $442 million, xAI $258 million, and received a $10 million tax break. Atlanta expects the project to bring more than $241 million in economic impact.
▌Argentine Senate requests a report on the LIBRA scandal
According to TASS, the Argentine Senate passed a motion with 46 votes in favor and 15 votes against, demanding that the report on the LIBRA scandal be provided. Meanwhile, the Senate rejected a proposal to form an inquiry committee, which failed to reach the 48-vote start threshold despite support from 47 senators, and ultimately failed to pass.
At the same time, the proposal to set up a parliamentary committee to investigate the scandal was rejected. The proposal was supported by 47 senators, but it took 48 votes to start the program.
Trending as of press time, according to Coingecko data, BTC's latest transaction price is 98,485.28 US dollars, with an intraday increase of +2.0%;
ETH's latest Transaction price is US$2,743.99, with an intraday increase of +1.1%;
BNB's latest transaction price is US$656.72, with an intraday increase of +0.8%;
SOL's latest transaction price is US$176.27, with an intraday increase of +0.8%;
4.5% increase or decrease;
DOGE's latest transaction price is $0.2549, and its intraday increase or decrease +0.0%;
XPR's latest transaction price is $2.69, and its intraday increase or decrease -1.7% .
▌Feder Vice Chairman responded to the dispute over debanking of cryptocurrency: Always neutral
Feder Vice Chairman Michael Barr responded to the dispute over debanking of cryptocurrency industry, saying that the Fed always maintained Neutrality will not prevent banks from cooperating with the crypto industry. Barr stressed that the Fed provides clear guidance and regulatory frameworks that allow banks to participate in crypto businesses within compliance and said they will not ask banks to do it, nor will they discourage them from not doing it.
▌Grayscale Spot XRP ETF has been officially submitted to the Federal Communiqué, and the resolution expires on October 18
Grayscale Spot XRP ETF (applicable 19b-4) has been officially submitted to Federal Gazette, which means that from now on, the SEC will begin review and will need to decide whether to approve or reject the application by October 18.
19b-4 Application is a formal document submitted by Grayscale to the SEC, aiming to apply for the launch of an exchange-traded fund (ETF) based on XRP. The document has been officially released in the Federal Gazette, marking the official beginning of the review process. Under the regulations, the SEC needs to make a decision by October 18. During this time, the SEC may communicate with Grayscale to request more information or clarify related issues.
▌FOX Reporter: The stablecoin regulatory framework bill submitted by the U.S. Republican senator has received more cross-party support
FOX Business Reporter Eleanor Terrett posted on social media, saying, "U.S. Republican stakes" The stablecoin regulatory framework bill submitted by Congressman Bill Hagerty has gained more cross-party support. Sen. Angela Alsobrooks, Democrat of Maryland, just signed an agreement to become the co-sponsor of the bill, and another Democratic co-sponsor is Kirsten Gillibrand. "< /p>
Blockchain Application
▌Blockchain Innovation Studio Knidos Labs announces funding from the Avalanche Foundation
Blockchain Innovation Studio Knidos Labs announced funding from the Avalanche Foundation, with the specific amount not yet disclosed, and the new fund will be used to develop and launch its decentralized enhancement layer and build innovative and influential financial tools, while introducing a trustless and transparent partial-node ownership platform Knidos Node-Fi.
Cryptocurrency
▌Kraken and Crypto.com plan to launch their own stablecoins to meet new European regulations
Affected by new European regulations, crypto service providers need to be removed from the shelves Unlicensed stablecoin. Kraken is developing a dollar-anchored stablecoin and plans to be issued by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
▌SBF changed its stance in its first prison interview to support Trump, suspected of fighting for pardon
Former CEO and co-founder of cryptocurrency exchange FTX Sam Bankman-Fried (SBF) took a supportive stance in his first interview after his jail term, in which SBF claimed that he was also a victim of “Judgementization” and that he supported the Republican cause more than people know More.
According to an interview with SBF by The New York Sun reporter, SBF provided US$40 million to the U.S. party and US$5.2 million to the Biden camp in 2020. He is currently in the Brooklyn Metropolis, New YorkThe Detention Center (MDC) serves 25 years in prison, with multiple charges including fraud. Inter-US groups have previously reported that the possibility of SBF being pardoned is small, although he appears to be fighting for pardon from the current U.S. president.
▌Canary Litecoin Spot ETF has been listed on the DTCC official website, with the code LTCC
According to the DTCC official website, the Canary Litecoin Spot ETF has been listed on the DTCC official website, with the code LTCC , the Create/Reden column is displayed as D. While this move does not mean that the ETF has obtained any regulatory approval or any clear approval process results, the DTCC website lists the "standard process" for launching a new ETF.
▌Franklin Templeton launches Bitcoin and Ethereum Index ETF
Franklin Templeton announces the launch of a stock Bitcoin and Ethereum that holds both spot Bitcoin and Ethereum Exchange-traded funds (ETFs).
Franklin Crypto Index ETF (EZPZ) is the second cryptocurrency index ETF to enter the U.S. market, after asset management company Hashdex launched the Nasdaq Crypto Index US ETF (NCIQ) on February 14.
EZPZ Fund holds a basket of assets referenced by the U.S. CF Institutional Digital Asset Index. As of February 20, the index tracks only Bitcoin and Ethereum. As of February 20, the market capitalization weighted index's assets composition were about 87% BTC and 13% ETH, according to CF Benchmarks data.
Franklin Templeton plans to hold more cryptocurrencies in the future, and as the index expands, it will eventually provide American investors with a ‘one-stop’ crypto portfolio.
▌View: Bitcoin volatility and open contract positions decline indicate that traders are taking a wait-and-see attitude
Bitcoin traders are taking a wait-and-see attitude because demand is weakened and blocks Lack of chain activity and slowing liquidity inflows. Their attitude is not only reflected in the decline in volatility, but also in the sharp decline in holdings.
“The market is now in a cooling phase,” said David Gogel, vice president of strategy and operations at the dYdX Foundation. “Bitcoin has been firm, but after failing to break through $105,000 in January, we have seen slowing inflows, and speculative assets like Meme Coin have been hit.”
Important Economy Dynamic
▌Federal Director Coogler: believes that the Fed should keep interest rates unchanged for a period of time
Federal Director Coogler said that the downside risk of the labor market has weakened, but the upside risk of inflation remains Existing, the path to achieving 2% inflation will be "tortling". newThe potential net impact of the economy is highly uncertain and will depend on specific details. The U.S. economy remains solid. It is believed that the Fed should keep interest rates unchanged for a period of time.
▌U.S. judge ruled that Trump is temporarily allowed to continue to fire federal employees on a large scale
On February 20th local time, District Judge Christopher Cooper, District Judge of the Federal Court of Washington, DC ) The ruling has determined that Trump can continue to fire federal employees on a large scale, rejecting a request from a union group to prevent Trump from slashing about 2.3 million federal employees. It is reported that the ruling on that day is temporary and the lawsuit is still in progress. Earlier, the U.S. Treasury Department Employees Union and four other unions filed a lawsuit last week to prevent the firing of hundreds of thousands of federal employees and offer buyout plans to employees who voluntarily resigned.
▌Federal Director Coogler: PCE inflation rate is expected to be 2.4% in January
Federal Director Coogler: PCE inflation rate is expected to be 2.4% in January, and the core PCE inflation rate It is 2.6%; there is still a certain gap from the target of 2%.
▌The US dollar index fell 0.75% on the 20th
The US dollar index, which measures the US dollar against major currencies, fell 0.75% on the same day, closing at 106.373 at the end of the foreign exchange market.
▌The probability of the Federal Reserve keeping interest rates unchanged in March is 97.5%
According to CME's "Feder Observation": The probability of the Federal Reserve keeping interest rates unchanged in March is 97.5%, and 25 interest rates are cut The probability of the basis point is 2.5%. The probability of maintaining the current interest rate unchanged by May is 80.8%, the probability of a cumulative interest rate cut of 25 basis points is 18.8%, and the probability of a cumulative interest rate cut of 50 basis points is 0.4%.
Golden Encyclopedia
▌What is Fractal Bitcoin
Fractal Bitcoin is an innovative blockchain expansion solution based on recursive virtualization technology, by creating multi-layer Network structure to enhance Bitcoin’s scalability while maintaining secure connection to the main network. The creative background of fractal Bitcoin originated from the emergence of the Ordinals protocol and related applications in 2023. For security reasons, Bitcoin imposed restrictions on opcode and block storage space in its iteration. When the Bitcoin chain ecosystem was developing rapidly, there were limitations in on-chain computing power and block space, so the developers proposed that The concept of fractal Bitcoin is expected to solve the shortcomings of the Bitcoin network.
Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.
