House Republicans Vote on Spending Plan with Medicaid Cuts Concerns
House Republicans are preparing to vote on a spending blueprint that could kickstart President Donald Trump's policy agenda, but concerns about potential Medicaid cuts nearing $1 trillion have caused unease among some Republicans, jeopardizing the plan's approval. The proposed spending plan for fiscal year 2025 includes approximately $800 billion in Medicaid cuts over the next ten years, as part of a larger $2 trillion in overall spending reductions to offset $4.5 trillion in tax cuts and increased defense and border spending. While the resolution does not explicitly state Medicaid cuts, lawmakers are doubtful that the required $880 billion in cuts can be achieved without reducing Medicaid spending. Moderate Republicans in vulnerable districts and those with high Medicaid populations have voiced opposition to any cuts in Medicaid spending.
2025-01-01 09:00:00SHARE
Bitcoin Depot increases holdings by 11 Bitcoins
the US Bitcoin ATM operator and financial technology company Bitcoin Depot (NASDAQ: BTM) announced the purchase of 11.1 bitcoins as part of its reserves. This acquisition follows the company's purchase of 51 bitcoins earlier this month, bringing its total reserves to 82.6 BTC. This purchase is in line with Bitcoin Depot's reserve strategy announced in June 2024.
2025-01-01 09:00:00SHARE
DeepSeek open-sources and releases 3FS, a high-speed parallel file system that optimizes AI data access
On the fifth day of Open Source Week, its Fire-Flyer file system (3FS) was officially open sourced. As a high-performance parallel file system, 3FS can fully utilize modern SSDs and RDMA networks to achieve high-speed data access, improving the efficiency of AI model training and inference.
2025-01-01 09:00:00SHARE
Grayscale transferred a total of 7,637 ETH to Coinbase Prime address
according to Arkham monitoring data, about 8 minutes ago, Grayscale transferred a total of 7637 ETH to the Coinbase Prime address, worth $18.46 million, of which Grayscale Ethereum Mini Trust transferred 1790 ETH.
2025-01-01 09:00:00SHARE
Bybit CEO calls out to eXch: Freeze Lazarus funds to earn 5% commission, stand on the side of the good guys
Bybit co-founder and CEO Ben Zhou posted on X platform "calling out" eXch executive Sarah Nugent, stating: "By freezing Lazarus' funds, you can earn a 5% commission... this is much more than what you earn by helping with money laundering... stand on the side of the good guys."
2025-01-01 09:00:00SHARE
Vitalik sold 340 billion LDOG 5 hours ago and received 5.2 ETH
as monitored by Onchain Lens, 5 hours ago Vitalik Buterin sold 340 billion LDOG (DOG) for 5.2 ETH, worth $18,937.
2025-01-01 09:00:00SHARE
Bitcoin price drops as Trump confirms new US trade tariffs
Bitcoin (BTC) dropped to $85,000 on Feb. 27 as markets reacted to news of new US trade tariffs. The BTC/USD 1-hour chart showed a sell-off as Trump confirmed the tariffs would proceed. The S&P 500 and Nasdaq Composite Index opened lower, while the US dollar index (DXY) rose 0.6%, erasing previous losses. The Kobeissi Letter noted that smaller investors were exiting, leading to record outflows from US spot Bitcoin ETFs. Traders are now looking for potential reversal areas for BTC/USD, with a focus on closing the CME Group's Bitcoin futures market gap.
2025-01-01 09:00:00SHARE
OpenAI's GPT-4.5: Enhanced Creativity and Natural Conversational Style, But at a Cost
OpenAI's upcoming model, GPT-4.5, is expected to be up to 20 times more expensive than its predecessor but is anticipated to be more creative and have a more "natural" conversational style, according to OpenAI and early testers. The new model is said to have a broader knowledge base, improved emotional intelligence (EQ), and the ability to make creative insights without the need for reasoning. Despite its enhanced creativity and conversational style, GPT-4.5 may not excel in detailed step-by-step logic compared to OpenAI's o-series models. Additionally, the model may be slower due to its size and does not produce multimodal output like audio or video.
2025-01-01 09:00:00SHARE
Bybit has launched the Lazarus hacker group bounty website
Bybit CEO Ben Zhou posted on social media, saying, "The Lazarus hacker group's bounty website has been launched to display transparent data on Lazarus money laundering activities."
2025-01-01 09:00:00SHARE
Adam Back: MicroStrategy may have increased its holdings of BTC
Adam Back, the founder of Blockstream, wrote on X platform: "I believe that MicroStrategy has completed the purchase of Bitcoin, but must announce it to the market through an 8-K file before or after the normal trading hours of the stock market." Earlier news, MicroStrategy founder Michael Saylor released Bitcoin Tracker related information for the ninth consecutive week.
2025-01-01 09:00:00SHARE
Opinion: Traders see $82,000 as key support level for Bitcoin
According to Greeks.live, traders see $82,000 as a key support level for Bitcoin, which must be held to maintain the trend in the higher time frame.
2025-01-01 09:00:00SHARE
El Salvador passes groundbreaking AI bill, providing regulatory clarity and certainty for AI industry
According to the Bitcoin Office of El Salvador, in order to align with President Bukele's economic freedom policy, the government of El Salvador has passed a groundbreaking artificial intelligence law aimed at providing regulatory clarity and certainty for the AI industry, specifically covering the development and innovation of open-source models.
2025-01-01 09:00:00SHARE
Infini: Currently, the funds are stored in the Cobo Custodian Wallet, and the Earn income distribution will be suspended
On February 25th, Infini released the latest news on funding and operations on the X platform, revealing that Infini's funds are currently stored in the Cobo Custodian Wallet. All functions of the Infini Card (transfer, deposit, withdrawal, and payment) can be fully operational. The team is working hard to ensure the highest security of the Infini Earn function, a process that is expected to take 3-4 weeks. During this period, profit distribution will be paused, and information will be updated as soon as Infini's earnings resume.
2025-01-01 09:00:00SHARE
Vitalik Buterin: We will continue to study the new Ethereum Foundation leadership structure and will announce more information soon
Vitalik Buterin wrote on the X platform that Aya Miyaguchi proposed a year ago to transition from executive director to chairman of the Ethereum Foundation. During her seven years as executive director of the Ethereum Foundation, she achieved many accomplishments and will continue to support the Ethereum Foundation in many similar ways in her new position.
2025-01-01 09:00:00SHARE
Whales bought over 130 million ADA in the past 72 hours
On-chain analyst Ali posted on X, stating that in the past 72 hours, whales have bought over 130 million ADA.
2025-01-01 09:00:00SHARE
Cryptocurrency stocks fell, MicroStrategy fell 5.0%
the Dow rose 0.4% at the opening, the S&P 500 fell 0.02%, and the Nasdaq fell 0.3%. Cryptocurrency concept stocks fell, with Ganan Technology down 8.4%, MicroStrategy down 5.0%, and IREN down 4.8%.
2025-01-01 09:00:00SHARE
Upbit: Claim that 30,000 fake IDs passed KYC system is not true
Upbit clarified some information about being regulated, stating that the claim of 30,000 fake identity documents (including hand-drawn IDs) passing the "Know Your Customer" (KYC) system is not true. Upbit conducts KYC through several additional procedures, including identity verification. If a member's ID documents are insufficient, they will be asked to resubmit.
2025-01-01 09:00:00SHARE
Opinion: Ethereum remains strong within an ascending parallel channel, pointing towards $6,000
on-chain analyst Ali wrote in an article on X that despite the market's volatility, Ethereum is still maintaining strong growth within a parallel channel, pointing towards $6,000.
2025-01-01 09:00:00SHARE
Michael Saylor meets with the Chairman of the U.S. House Financial Services Committee to discuss digital assets
Strategy (formerly MicroStrategy) founder Michael Saylor posted on social media, "On Tuesday, I had the opportunity to meet with members of the U.S. House Financial Services Committee and its chairman French Hill to discuss digital assets and how to make the United States a global leader in Bitcoin and cryptocurrencies."
2025-01-01 09:00:00SHARE
Sonic SVM announced that the mainnet Mobius has been officially launched and launched a mainnet reward plan with a total of 2.4 million SONIC
According to Sonic SVM announcement, the Layer 2 extension network Mobius mainnet based on the Solana Virtual Machine (SVM) has officially launched, aiming to enhance Solana's scalability and provide a dedicated computing layer for high-frequency applications such as DeFi and GameFi. In addition, Sonic SVM has launched a mainnet reward program with a total of 2.4 million SONIC tokens, as well as a $1 million hackathon, to encourage developers to deploy applications on Mobius. The first season of Mobius activities has now begun and will continue until April 10th, allowing developers and users to enter the Sonic SVM ecosystem, experience on-chain games and DeFi applications, and earn rewards.
2025-01-01 09:00:00SHARE
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