Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

2025.02.05 08:40:15

On February 5th, Federal Reserve Governor Jefferson indicated that there is no urgency to expedite further interest rate cuts. Given the robust economy, a cautious response is deemed appropriate. (Xinhua News Agency)

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Antalpha Deposits $5.16M Worth of XAUT to Bybit

Feb 26: Antalpha transferred 1000 XAUT gold tokens (≈$5.16M) to Bybit 15 hours ago, per Onchain Lens monitoring—likely intended for sale.

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A fire broke out in Wenatchee, Washington, USA, possibly linked to local Bitcoin mining activity

On February 26, a fire broke out in Wenatchee, Washington, USA—suspected to be linked to local Bitcoin mining activities, per TheEnergyMag. Local fire departments have responded to the scene to handle the situation. Specific losses and casualty status have not been announced yet. Relevant authorities are investigating the fire’s cause and whether the mining farm complies with local safety regulations. As of now, the name of the involved mining farm and the direct cause of the fire remain undisclosed.

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The Netherlands Plans to Amend Controversial Law Taxing Unrealized Gains on Cryptocurrencies

**February 26** — Dutch Finance Minister Eelco Heinen announced plans to revise a controversial crypto unrealized gains tax law passed earlier this month. The bill, approved by the Dutch House of Representatives on Feb. 12, mandates a 36% tax on **unrealized** crypto gains—meaning investors would owe taxes even if they haven’t sold their holdings. Heinen told RTL Nieuws: “This bill shouldn’t stand as is. It’s clear there are issues that need fixing.” The legislation still awaits Senate review and won’t take effect until at least Jan. 1, 2028. The Dutch Ministry of Finance says it will reassess the bill’s language and consult with lawmakers to decide whether to rewrite it entirely or make partial changes. (Source: DL News)

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