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NEW: 🇺🇸💸 DOJ confirms Samourai Wallet $BTC was not sold by the U.S. government.
The Executive Director of the President’s Council of Advisors for Digital Assets states the assets will remain on the federal balance sheet as part of the Strategic #Bitcoin Reserve.
🚨SOLANA ACCELERATES MULTI-CHAIN LISTINGS
Solana listed four non-native assets in 24 hours: FUN, LIT, STRK, and ZORA, adding to recent L1 token launches.
The rapid expansion signals Solana’s push towards being an onchain alternative to CEXs.
🚀 Big milestone for tokenized stocks on LBank
LBank xStock spot trading volume has officially surpassed $3,000,000,000, capturing around 30% of the global CEX market.
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🚨BREAKING: Markets just dumped after President Trump commented on the Fed and Kevin Hassett.
Trump said:
"Fed officials don’t talk much. Hassett is good at talking. He was good on TV, I want to keep him where he is."
Hassett was being seen as a potential candidate for the next Fed Chair and is known as a pro-liquidity, rate-cut friendly figure.
So when Trump hinted that Hassett would stay in his current role and not move toward the Fed, expectations for easier monetary policy weakened.
Markets reacted immediately:
Bitcoin dropped $1,300 (-1.32%)
Gold fell $80 (-1.78%)
Silver dumped ( -3.30%)
Nasdaq dumped ( -0.50%)
This was not random selling.
It was the market repricing lower chances of a more dovish, liquidity-friendly Fed leadership.
Silver Market Cap increased by $3.9 TRILLION in just 12 months.
That's 2x Bitcoin's current market cap.
If $BTC catches up to Silver it will hit +$270,000
JUST IN: 🇺🇸 Trump's Executive Director says the government has not sold any bitcoin forfeited by Samourai Wallet developers, contradicting earlier reports
The coins will not be sold and will remain in the Strategic Bitcoin Reserve 🙌
LATEST: 🟠 Bitcoin will remain a smart investment in the years ahead due to its mathematically capped supply, regardless of gold's recent price appreciation, according to Ark Invest's Cathie Wood.