▌Trump was sworn in and became the first "encrypted president" in the history of the United States

Trump was sworn in and became the first "encrypted president" in the history of the United States and the 47th president of the United States.

▌The U.S. SEC issued a statement on Gary Gensle’s resignation

The U.S. Securities and Exchange Commission stated in a statement that today Gary Gensle (Gensler) performed his duties at the U.S. Securities and Exchange Commission Last day. Chairman Gensler joined the SEC in 2021 after a long career in public service. Previously, he served as Chairman of the Commodity Futures Trading Commission, Under Secretary of the Treasury for Finance, Assistant Secretary of the Treasury for Financial Markets, and Senior Advisor to U.S. Senator Paul Sarbanes. He brings his extensive experience and knowledge of financial markets to the Chairman's position as we work together to advance the Commission's mission to protect investors, maintain fair, orderly and efficient markets, and promote capital formation.

Although as committee members we approach issues from different perspectives, we also maintain dignity in our differences. Chairman Gensler has been committed to bipartisanship and a respectful exchange of ideas that help advance our service to the American public. For this, we are deeply grateful.

As of press time, according to Coingecko data:

BTC’s recent transaction price was US$102,975, with an intraday increase or decrease of +3.1%;

ETH’s recent price The transaction price was US$3,293.62, with an intraday increase or decrease of +3.6%;

BNB’s latest transaction price was 6 84.72 US dollars, with an intraday increase or decrease of +1.5%;

SOL’s recent transaction price was 246.05 US dollars, with an intraday increase or decrease of +2.1%;

DOGE’s recent transaction price was 0.3582 yuan, with an intraday increase or decrease The increase or decrease was +1.5%;

XPR’s recent transaction price was $3.13, with an intraday increase or decrease of +7.3%.

▌U.S. SEC Chairman Gary Gensler officially resigned

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler officially resigned.

▌Utah Representative Jordan Teuscher proposed strategic Bitcoin reserve legislation

U.S. Representative Jordan Teuscher of Utah proposed strategic Bitcoin reserve legislation.

▌Musk gave a speech on Trump’s inauguration day, and his speech gestures caused controversy

Musk gave a speech during Trump’s inauguration as U.S. president, describing Trump’s victory event to secure “the future of civilization” and thank Trump supporters for making that happen. "This is what victory feels like, and this is an extraordinary victory," said the world's richest man and Trump mega-donor. "This is a fork in the road for human civilization." Then Musk was energized. to pay homage to the audience, butThe move quickly went viral, with some critics comparing the gesture to "Sieg Heil," an old German greeting that meant "Heil to Victory" and was used as a rallying cry for the Nazi Party. This isn't the first time Musk has drawn attention for his on-stage demeanor, after he sparked controversy during Trump's second rally in Butler, Pa., by cheering for "Dark MAGA."

▌The White House: Mark Uyeda serves as acting chairman of the U.S. SEC

New appointment documents released by the U.S. White House show that Mark Uyeda serves as the acting chairman of the U.S. Securities and Exchange Commission (SEC) ) Acting Chairman.

It is reported that Ujeda is a member of the Republican Party and has served as an SEC commissioner since June 30, 2022. Before becoming an SEC commissioner, Ujeda served in the SEC for more than 15 years. FOX Business previously reported that Mark Uyeda hopes to help Trump fulfill his promise to end Biden’s so-called “cryptocurrency war.”

▌Musk already has a White House email address and may have an office in the White House

On the first day Trump took office, Musk already had his own White House email Email address.

Ellon Musk, the billionaire incoming Secretary of the Department of Efficiency (DOGE), said his emails have been found in an internal search function within the Executive Office of the President, a source said. The source also showed a screenshot showing Musk's new email address with the suffix EOP, which stands for Executive Office of the President. "This seems to confirm that he will have an office in the Eisenhower Executive Office Building," the source said. A source familiar with Musk's relationship with Trump also said that Musk will have an office in the Eisenhower Executive Office Building. office. But it's unclear how often the billionaire will use the office space.

▌Caroline Pham, the new acting chairperson of the U.S. CFTC, issued a statement thanking Trump

Fox Business reporter Eleanor Terrett posted on the X platform that the new acting chairperson of the U.S. Commodity Futures Trading Commission (CFTC) Caroline Pham issued a statement after being voted confirmed by the committee. She said: "I am deeply honored to be able to lead the CFTC as Acting Chairman. This is a critical moment, and I thank President Trump for his trust in me, as well as my colleagues and CFTC staff for their support." Caroline Pha also said , looks forward to working with various stakeholders in his new role and focusing on the CFTC’s mission of promoting well-functioning markets, supporting economic growth, and enhancing U.S. competitiveness.

▌Trump: Will impose tariffs and taxes on foreign countries and establish a foreign tax bureau

U.S. President-elect Trump said we will impose tariffs and taxes on foreign countries to benefit our citizens, not to enrich others by taxing our citizens. To this end, we are establishing the external Revenue Service to collect all duties and taxes. This will bring a huge flow of money from foreign services into our coffers. The American Dream will soon be back and thriving like never before.

▌After Trump took office, the Efficiency Department led by Musk encountered three lawsuits

Just minutes after President Trump was sworn in, progressive organizations filed a lawsuit in federal court. Three lawsuits allege that Elon Musk’s Efficiency Department violated the transparency requirements of the 1972 law.

All three lawsuits argue that DOGE should be considered a federal advisory committee. Under the FACA Act of 1972 at the center of the litigation, such committees must represent a balanced perspective, hold all meetings in public, and maintain minutes of meetings, among other things.

▌Abstract Chain, a subsidiary of Fat Penguin’s parent company, announced that the main network will be launched soon

Abstract Chain, a Layer 2 network designed specifically for on-chain culture and community, announced The mainnet will be launched soon.

▌Arthur Hayes: I don’t think Trump will start building a Bitcoin reserve

BitMex co-founder and former CEO Arthur Hayes said: "I don't think Trump will embark on building a Bitcoin reserve. At the end of the day, I don't know what the use is of borrowing money to buy Bitcoin on any of Trump's platforms."

He said : “Before you destroyed the bond market, you had so much borrowing power. Would you borrow money to buy Bitcoin? Would you borrow money for investment? Votes to give you healthcare for your seniors, or build more bombs so the defense lobby likes you? You can borrow money to buy a lot of different things. I just don't think he's going to spend it on Bitcoin though. Proponents think Bitcoin is important, but there are many other stakeholders who want borrowed money to go into their pockets.”

As for implementing Bitcoin reserves, Hayes said “I hope I’m wrong.” But he noted that the limited time before the midterm elections could limit the ability to implement significant changes, and that there are many other things to allocate time and budget to.

▌The Ethereum Foundation has allocated 50,000 ETH to participate in the DeFi ecosystem and has conducted test transactions on Aave

Ethereum Foundation staff hww.eth posted on social media , the Ethereum Foundation has established a new 3-of-5 multi-signature wallet and injected 50,000 ETH. The Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem and has already invested in AavTest trading activity was conducted on e.

▌Crypto funds had a net inflow of US$2.2 billion last week, and the scale of asset management hit a new high

According to the latest report from asset management company CoinShares, in the context of "Trump's inauguration expectations" and cryptocurrency Driven by positive price trends, global crypto funds managed by BlackRock, Bitwise, Fidelity, Grayscale and other institutions recorded a net inflow of US$2.2 billion last week, the largest weekly inflow this year. This pushed crypto fund assets under management (AUM) to an all-time high of $171 billion.

▌The probability that the Federal Reserve will keep interest rates unchanged in January is 99.5%

According to CME's "Fed Watch", the probability that the Federal Reserve will keep interest rates unchanged in January is 99.5%, and the probability of a 25 basis point interest rate cut is 0.5%. The probability of keeping current interest rates unchanged by March is 69.6%, the probability of a cumulative 25 basis point interest rate cut is 30.2%, and the probability of a cumulative 50 basis point interest rate cut is 0.2%.

▌Analyst: The U.S. dollar is falling, and more market reactions to Trump are yet to emerge

Before Trump delivered his inauguration speech, the U.S. dollar had already fallen by more than 1%. It comes amid news that he will issue a memo instructing federal agencies to investigate and work to improve the ongoing trade deficit. Kristina Clifton, economist at Commonwealth Bank of Australia (CBA), said that despite this, Trump did not impose any new or higher tariffs (in the speech). He reiterated plans to crack down on illegal immigration, reduce inflation by declaring an energy emergency, end the Green New Deal and revoke electric vehicle mandates. U.S. markets were closed Monday for the Martin Luther King holiday, so the full market reaction to Trump's speech won't be known for several hours. She added that expectations among U.S. political circles for a new announcement this week may be too high, and as a result, the dollar may continue to slide.

▌The U.S. dollar index fell 1.19% on the 20th

The U.S. dollar index, which measures the U.S. dollar against six major currencies, fell 1.19% that day and closed at 108.044 in late foreign exchange trading. As of late trading in New York, 1 euro was worth $1.0421, up from $1.0276 on the previous trading day; 1 pound was worth $1.2337, up from $1.2167 on the previous day. 1 U.S. dollar was exchanged for 155.63 Japanese yen, lower than 156.16 yen on the previous trading day; 1 U.S. dollar was exchanged for 0.9064 Swiss francs, lower than 0.9149 Swiss francs on the previous trading day; 1 U.S. dollar was exchanged for 1.4307 Canadian dollars, lower than the previous trading day 1.4461 Canadian dollars; 1 U.S. dollar exchanged for 11.0183 Swedish kronor, down from 11.1918 Swedish kronor on the previous trading day.

▌What is a teardrop attack in encryption?

In the cryptocurrency environment, teardrop attacks often target the decentralized nature of blockchain platforms. Even if they don’t target the blockchain’s cryptographic algorithms, disrupting the underlying peer-to-peer network infrastructure that cryptocurrencies rely on could lead to service disruptions, loss of funds, and loss of user trust. Attackers can interfere with the consensus process, transaction validation, or node-to-node communications by focusing on specific nodes or servers. This can lead to network fragmentation, processing delays or even complete outages.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.