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The Trump family-affiliated Bitcoin mining company American Bitcoin is planning to go public or raise private funding.

1 days ago

On April 2nd, the American Bitcoin, a bitcoin mining enterprise jointly established by Hut 8 and the data infrastructure company American Data Centers led by the Trump family, is planning to go public and may introduce private placements before that. Hut 8's CEO Asher Genoot stated in a Bloomberg TV interview that the future goal is to build a vertically integrated enterprise structure composed of "two sister public companies." One part focuses on energy, data centers, and infrastructure, while the other part focuses on the crypto business and bitcoin mining. Prior to this, on March 31st, Hut 8 announced the acquisition of an 80% stake in American Data Centers, which was subsequently renamed American Bitcoin and operated independently, with President Trump's eldest son Donald Trump Jr. and second son Eric Trump leading.
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The U.S. Treasury Department Sanctions 8 Tron Wallet Addresses Using Tether to Support Houthi Armed Group

On April 3rd, the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury announced that it has included 8 Tron wallet addresses associated with the Yemeni Houthi armed group on its Specially Designated Nationals and Blocked Persons List. It was accused that they were engaging in illegal financial activities through Tether (USDT). The Treasury Department stated that the network is controlled by Sa'id al-Jamal, a senior financial officer of the Houthis, based in Iran, and is involved in the procurement of Russian weapons, stolen Ukrainian food, and other sensitive goods, which are then transported to Houthi-controlled areas. Sa'id al-Jamal has been designated as a global specially designated terrorist since 2021. These wallets have been active since 2023 and frequently use USDT, with some transaction amounts reaching $1 million. This sanction is based on Executive Order 13324, aiming to freeze the assets of terrorist organizations and prohibit U.S. citizens from c

1 hours ago

Coinbase Adds RSR to Its Listing Roadmap

On April 3rd, according to an official statement, Coinbase will include Reserve Rights (RSR) in its listing plan.

1 hours ago

White House: Base Tariff Rate to Take Effect Early Morning on April 5, with Reciprocal Tariff on April 9

On April 3rd, a senior official at the White House stated: The base tariff rate (10%) will come into effect at an early time on April 5th, and the reciprocal tariff will take effect at an early time on April 9th. (Golden Ten)

1 hours ago

White House: Tariff Exemption on Goods Under the USMCA Agreement Will Continue

On April 3rd, a senior official at the White House stated that Trump plans to impose additional industry tariffs on semiconductors, pharmaceuticals, and potential key minerals that are not included in the new tariffs. Trump will take measures in response to other countries' retaliation to ensure that the national emergency is not weakened. Exemptions for goods from Mexico and Canada that meet the USMCA will remain in place. (FXStreet)

1 hours ago

Bitcoin Dips Below $85,000

On April 3rd, based on HTX market data, Bitcoin fell below $85,000 and is currently trading at $84,513.

1 hours ago

In the past 1 hour, the total network has experienced liquidations of $135 million.

On April 3rd, according to data from Coinglass, within the past 1 hour, a total of $135 million was liquidated across the entire network. Specifically, there were $36.26 million in long liquidations and $98.43 million in short liquidations.

1 hours ago