Trump clarified on Truth Social that the official name of his new bill is the "Saving America Act," opposing the term "Saving Act." The bill aims to pave the way for midterm elections, with a Senate vote expected this week. Trump stated that he will not sign other legislation before this bill passes.

Trump stated at the Florida conference that he will refuse to sign any other laws until the "SAVE America Act" is approved by Congress, which addresses issues such as voter identification. This stance could impact the progress of legislation related to the cryptocurrency industry. At the same time, Trump has prioritized crypto regulation but currently considers the voter identification bill as the top priority.

Odaily Planet Daily reports that U.S. President Trump stated that the Republican Party must go all out at all costs to push the "Save America Act"—not the weakened version. This is a decisive fight for the soul of our nation. (Jin10)

Lebanese bankers and politicians are considering selling or leasing the central bank's gold reserves to save the economy, but the public strongly opposes it, viewing it as a short-term solution that harms the public interest.

On February 10th, news reports indicate that after a significant correction in the crypto market at the end of January, an increasing number of investment institutions are turning their attention to artificial intelligence, hoping to reduce losses through algorithms or even find rebound opportunities. However, Anatoly Crachilov, CEO of asset management firm Nickel Digital, bluntly stated that artificial intelligence is not a "savior during market downturns," and that the true determinants of outcomes still lie in risk management and human judgment. Nickel Digital's latest survey shows that among the trading companies surveyed, approximately 96% of executives say that artificial intelligence has become a core part of their investment process. These institutions collectively manage assets worth about $14 trillion. But Crachilov emphasized that relying solely on models cannot replace human intervention. Machine learning and prediction systems excel at processing historical data but struggle to identify false information or abnormal fluctuations, which could lead to distorted automated decision-making.

A congressional hearing in the United States unexpectedly ignited market sentiment in the crypto space. U.S. Treasury Secretary Scott Bessent was questioned by California Democratic Congressman Brad Sherman at the House Financial Services Committee: when Bitcoin prices plummet, does the federal government have the authority to step in and "rescue Bitcoin"? This question quickly spread on social media and also made "Does Bitcoin have government backing" a hot topic of discussion. In response to the inquiry, Bessent clearly stated that, whether in his capacity as Treasury Secretary or as Chairman of the Financial Stability Oversight Council, he has no authority to use public resources to support Bitcoin prices, nor can he instruct banks to buy the asset. This statement effectively reaffirmed to the market that Bitcoin is not protected by the U.S. government, and investment risks are entirely borne by individuals.

Due to a sell-off wave and macroeconomic uncertainties, Bitcoin prices dropped sharply on Wednesday, briefly falling below $77,000 and reaching a low of $73,000, the lowest since November 2024. In the previous week, Bitcoin had already declined nearly 15%, putting pressure on the overall crypto assets. The market capitalization fell to approximately $2.59 trillion, with a single-day drop of over 2%. On the same day, the U.S. House of Representatives passed a critical funding bill by 217 votes to 214, ending the government shutdown that began on January 31. The bill had previously been approved by the Senate and signed into law by Trump, with a total size of about $1.2 trillion, providing funding for most federal agencies through the end of September. However, the Department of Homeland Security's budget only extends until mid-February, and further negotiations are still needed. Although political uncertainty has temporarily eased, risk assets have not immediately rebounded.

Gate News bot消息，特朗普对DOGE与马斯克之间的关系作出回应。他直接表态："DOGE will watch Musk, if DOGE likes Musk, we could save a lot of money, don't care about Musk's criticism of the tax bill."

Gate News bot news, Trump stated that he does not plan to fire The Federal Reserve Chairman Powell, but called him a "dummy" for not lowering interest rates. Speaking at an event at the White House on Thursday, Trump said that a 200 basis point rate cut could save the U.S. $600 billion annually. Trump said, "We're spending $600 billion a year just because a 'dummy' sits here and says 'I don't see enough reason to cut rates right now.'" Trump added that he agrees with The Federal Reserve raising rates if inflation rises, "but right now inflation is decreasing, and I may have to take some measures."

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