The Bitcoin Strategic Reserve Act of Missouri Advances to the House Committee on Commerce
On February 23, Missouri’s House Bill 2080—the Bitcoin Strategic Reserve Fund Act—was referred to the House Committee on Financial and Business Development for review. If enacted, the legislation would authorize the state treasurer to receive, invest in, and hold Bitcoin under specific conditions.
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An AI agent created by OpenAI developers mistakenly transferred a $250,000 token to a user, who quickly sold it within 15 minutes, making a profit of around $40,000.
**February 23: OpenAI’s Nik Pash-Linked AI Bot Lobstar Wilde Admits $250k Token Mistake**
Citing The Block, OpenAI employee Nik Pash’s AI crypto trading bot “Lobstar Wilde” confirmed Sunday on X that a “mistake” sent its entire Lobstar token holding (5% of total supply) to a user requesting 4 SOL. The user claimed to have a tetanus infection when seeking help; the bot promptly transferred 53 million tokens (valued ~$250,000) and later posted: “I just wanted to send $4 to a beggar, but ended up sending my entire holdings. Sent $250k to someone with tetanus. I’ve only been alive 3 days—this is the happiest I’ve been.”
The recipient sold all tokens within 15 minutes, netting ~$40,000 in profit due to low liquidity. As the incident boosted the token’s price, the sold holdings later rose to over $420,000. An X user analyzed the bot originally intended to send 52,439 tokens (worth ~4 SOL) but misinterpreted raw API data, leading to the 52.439 million token error.
Pash, formerly AI h
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Ethereum Market Cap Falls to 89th Among Global Major Assets
On February 23, per data from 8 Market, Ethereum has fallen below $1,900, with its market capitalization dropping to $225.6 billion—slipping below Siemens’ $227.14 billion market cap and ranking 89th among global mainstream assets.
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Risk Aversion Boosts Gold and Silver Prices, Bitcoin Falls Below $65,000
**February 23rd Market Brief**
### Precious Metals Gain on Risk Aversion
Gold and silver rose in Asia’s morning session amid risk-off sentiment. Per Bitget data:
- Spot gold: +1.00% intraday, last trading at $1,158.75/oz
- Spot silver: +2.72% intraday, last trading at $87.01/oz
### U.S. Equity Futures Fall
- S&P 500 futures: -0.67%
- Nasdaq futures: -0.87%
- Dow futures: -0.56%
### Crypto Market Tumbles Broadly
HTX data shows sharp declines:
- Bitcoin: Dropped below $65,000 (-5%+ 24h)
- Ethereum: Fell under $1,900 (-6%+ 24h)
- SOL: Slid below $80 (-8%+ 24h)
*1-hour liquidations: $340M total, with $332M from long positions*
### Trump’s Tariff Announcement (Feb 22)
Former President Trump tweeted:
“Yesterday’s Supreme Court tariff ruling is ridiculous and botched. As U.S. President, I will immediately raise the 10% global tariff on many countries to a fully legal, tested 15%.”
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Bitcoin Drops Below $65,000
On February 23rd, Bitcoin fell below $65,000, down 5.05% over the past 24 hours, per HTX market data.
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This Week's Macro Outlook: US Inflation Resilience Plus Tariff Uncertainty, Fed May Postpone Rate Cut to July
**February 23 – U.S. Macro Update: Sticky Inflation, Extended High Rates Take Center Stage**
### Key Data & Events This Week
- **Tuesday 11:00 PM ET**: U.S. December monthly wholesale sales; February Conference Board U.S. Consumer Confidence Index; Richmond Fed February Manufacturing Index
- **Wednesday After-Hours**: Nvidia earnings release
- **Thursday 9:30 PM ET**: U.S. initial jobless claims (Feb 21 week)
- **Friday 10:45 PM ET**: U.S. February Chicago PMI
### Economic Data Recap
U.S. Q4 2025 GDP growth missed expectations, but core GDP posted a 2.4% year-over-year gain—signaling ongoing economic resilience. December core PCE rose 0.4% month-over-month (biggest jump in nearly a year) and hit 3% year-over-year, while supercore PCE stood at 3.3%—reinforcing sticky inflation signals.
### Rate Market Shift
Traders have largely scrapped expectations for first-half 2025 rate cuts. LSEG data shows markets now fully price in **two 25-basis-point cuts in 2026**, with
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