1. Trump Pardons Silk Road Founder

Ver, also known as "Bitcoin Jesus," was arrested by the U.S. Department of Justice in Spain in 2024 on eight counts of tax fraud. The DOJ accused Ver of severely underreporting the value of his Bitcoin holdings when declaring an "exit tax" before renouncing his citizenship, owing nearly $50 million to the IRS. Trump pardoned Ross Ulbricht, who has been serving a double life sentence for over ten years, marking one of his first official actions after taking office. -Original

2. FBI Director Appointed by Trump Holds Bitcoin

3. Argentine President Plans to Meet with Musk

Argentine President Javier Milei arrived in the U.S. capital on Thursday, planning to meet with Musk and deliver a speech at the Conservative Political Action Conference (CPAC). He will also meet with IMF President Kristalina Georgieva to seek to solidify an agreement aimed at boosting Argentina's economy. Milei also plans to meet with Musk during his visit to the U.S. He is currently under the shadow of a meme scandal. This visit was planned weeks in advance, and it is believed to help redirect public attention to the effectiveness of his economic policies. -Original

4. Coinbase Whale Dumps Cause Short-term BTC Volatility

At 13:29 today, major funds on Coinbase exited strongly, with a large sell-off of $11.44 million, causing BTC to flash crash by 0.62%, hitting a low of $96,623.7. According to AiCoin tracking, the unilateral sell-off behavior of Coinbase whales has repeatedly impacted BTC: On February 13, a whale sold $42.827 million at market price, causing BTC to flash crash over 2.25%. On January 22, a $24.6 million whale sell order on Coinbase led to a 2.15% short-term drop in BTC. Notably, when Coinbase experiences severe spikes while platforms like Binance and OKX do not show similar anomalies, BTC often revisits those spike price levels! Currently, BTC is testing the $97,730 resistance, and attention should be paid to the breakout situation. If it encounters resistance again, it may retrace to the Coinbase spike position. Data is sourced from PRO large transaction indicators for reference only and does not constitute any investment advice! -Original

5. Fed Vice Chair States Neutral Stance on Crypto Industry

Federal Reserve Vice Chair Michael Barr responded to the controversy over the de-banking of the cryptocurrency industry, stating that the Fed has always "remained neutral" and will not prevent banks from collaborating with the crypto sector. Barr emphasized that the Fed provides clear guidance and a regulatory framework that allows banks to participate in crypto business within compliance, stating, "We will not require banks to do so, nor will we discourage them from doing so." -Original

6. Bybit CEO Calls PI a Scam

Bybit CEO Ben Zhou posted on social media, stating, "Chinese police issued an official warning about PI in 2023, alerting the public that it is a scam targeting the elderly. There are also multiple other reports questioning the legitimacy of the project. Bybit has not submitted a listing request for PI, and claims that PI rejected Bybit's listing or that Bybit failed some kind of PI's KYB review are completely unfounded. If this project is legitimate and proper, the project team should respond to these reports to clarify the truth, rather than fabricating lies and making baseless attacks. Yes, I still believe PI is a scam, and Bybit will not list a scam." -Original

7. U.S. SEC Establishes Cyber and Emerging Technologies Division

According to official news, the U.S. Securities and Exchange Commission (SEC) has announced the establishment of a Cyber and Emerging Technologies Division to protect retail investors. -Original

8. U.S. Republican Senator's Stablecoin Bill Gains Support

FOX Business reporter Eleanor Terrett posted on social media, stating, "The stablecoin regulatory framework bill submitted by U.S. Republican Senator Bill Hagerty has gained more bipartisan support. Maryland Democratic Senator Angela Alsobrooks has just signed on as a co-sponsor of the bill, along with another Democratic co-sponsor, Kirsten Gillibrand." -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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