📢Pal News Express ——2.18
1. Musk Leads DOGE Audit of SEC
According to an official announcement, Elon Musk's government efficiency department DOGE will audit the U.S. Securities and Exchange Commission (SEC) to investigate potential waste, fraud, and abuse.
2. Federal Reserve Has No Plans for Digital Dollar
Fed's Harker stated that there are currently no plans to launch a Federal Reserve digital dollar and that Congressional authorization is needed.
3. Fed's Hawkish Comments Trigger Fund Outflows
Global crypto investment products have seen their first net outflow in five weeks, with outflows reaching $415 million last week. Research director James Butterfill stated that the Fed's hawkish comments and the latest CPI data triggered the outflows.
Pal's Note: Following the trend, currently no market remains in a downward trend.
4. Standard Chartered Plans to Issue Hong Kong Dollar Stablecoin
Standard Chartered Bank, Animoca Brands, and Hong Kong Telecom are teaming up to issue a Hong Kong dollar-backed stablecoin. This move comes as Hong Kong prepares to pass a regulatory stablecoin bill.
Pal's Note: Long-term positive, just watch in the short term.
5. Zhao Changpeng Denies Binance Sale Rumors
Binance founder CZ (Zhao Changpeng) stated on Twitter that rumors of Binance (CEX) being sold are "nonsense." He made it clear that as a shareholder, Binance is not for sale, and indicated that top investors have always been interested in Binance, with a possibility of allowing a small equity investment (single-digit percentage) in the future.
Pal's Note: How could such a gold mine be sold? If it were to be sold, it would definitely be under threat. The most likely scenario is transferring shares to benefit the West.
Moreover, this portion is not small.
1. Musk Leads DOGE Audit of SEC
According to an official announcement, Elon Musk's government efficiency department DOGE will audit the U.S. Securities and Exchange Commission (SEC) to investigate potential waste, fraud, and abuse.
2. Federal Reserve Has No Plans for Digital Dollar
Fed's Harker stated that there are currently no plans to launch a Federal Reserve digital dollar and that Congressional authorization is needed.
3. Fed's Hawkish Comments Trigger Fund Outflows
Global crypto investment products have seen their first net outflow in five weeks, with outflows reaching $415 million last week. Research director James Butterfill stated that the Fed's hawkish comments and the latest CPI data triggered the outflows.
Pal's Note: Following the trend, currently no market remains in a downward trend.
4. Standard Chartered Plans to Issue Hong Kong Dollar Stablecoin
Standard Chartered Bank, Animoca Brands, and Hong Kong Telecom are teaming up to issue a Hong Kong dollar-backed stablecoin. This move comes as Hong Kong prepares to pass a regulatory stablecoin bill.
Pal's Note: Long-term positive, just watch in the short term.
5. Zhao Changpeng Denies Binance Sale Rumors
Binance founder CZ (Zhao Changpeng) stated on Twitter that rumors of Binance (CEX) being sold are "nonsense." He made it clear that as a shareholder, Binance is not for sale, and indicated that top investors have always been interested in Binance, with a possibility of allowing a small equity investment (single-digit percentage) in the future.
Pal's Note: How could such a gold mine be sold? If it were to be sold, it would definitely be under threat. The most likely scenario is transferring shares to benefit the West.
Moreover, this portion is not small.