Daily Report | Caroline Pham appointed acting chair of the U.S. CFTC; Mark Uyeda appointed acting chair of the U.S. SEC; Ethereum Foundation grants 50,000 ETH to participate in DeFi ecosystem
Organizer: Fairy, ChainCatcher
Important News:
- Ethereum Foundation establishes new multi-signature wallet, allocating 50,000 ETH to participate in the DeFi ecosystem
- Bitcoin Magazine CEO: Confirms that Trump's first 200 executive orders include cryptocurrency
- Trump establishes the Department of Government Efficiency: Restructures the U.S. Digital Service and sets up a temporary organization with the DOGE team
- Insider: Binance executive Tigran recommended for a position in the Trump administration
- Utah state legislator proposes strategic Bitcoin reserve legislation
- Billionaire Mark Cuban considers creating a meme coin in the future, with sales revenue going to the U.S. Treasury
- SEC Chairman Gary Gensler officially resigns, Mark Uyeda appointed acting chairman
- Trump nominates Caroline Pham as acting chair of the U.S. CFTC
- U.S. Department of Government Efficiency's official website suspected to be online, displaying a Dogecoin-themed logo
"What important events have occurred in the past 24 hours"
U.S. Department of Government Efficiency's official website suspected to be online, displaying a Dogecoin-themed logo
The official website of the Department of Government Efficiency (D.O.G.E), led by Musk and Vivek Ramaswamy, is suspected to be online. The site features the Dogecoin logo.
According to OKX market data, the DOGE token briefly surged over 14%, currently priced at $0.38.
Upbit to list VTHO
Upbit will list VTHO, with trading in the USDT market starting at 21:00 on January 21 (Korean time) and trading in the KRW market starting at 20:00 on January 21 (Korean time).
ZachXBT: Helped recover a large amount of funds from the U.S. government hack, received $0 reward
On-chain detective ZachXBT stated: "Months ago, when the U.S. government suffered a $20 million hack, I helped recover a large amount of funds, for which I received $0 reward."
Bitcoin Magazine CEO: Confirms that Trump's first 200 executive orders include cryptocurrency
Bitcoin Magazine CEO David Bailey stated on platform X: "It has been confirmed that executive orders related to Bitcoin or cryptocurrency are included in the first 200 executive orders issued after Trump's inauguration. I don't know what specifically made them selected, but good news has come."
Trump establishes the Department of Government Efficiency: Restructures the U.S. Digital Service and sets up a temporary organization with the DOGE team
Trump announced the signing of an executive order to establish the Department of Government Efficiency (DOGE), aimed at maximizing government efficiency and productivity through modernizing federal technology and software.
According to the executive order, the structure of the Department of Government Efficiency DOGE includes:
- Restructuring and renaming the United States Digital Service. The U.S. Digital Service is now renamed the United States DOGE Service (USDS) and will be established in the President's Executive Office.
- Establishment of a temporary organization. A USDS administrator will be established in the President's Executive Office, reporting to the White House Chief of Staff. A temporary organization named "United States DOGE Service Temporary Organization" will be further established under Section 3161 of Title 5 of the U.S. Code. The U.S. DOGE Service Temporary Organization will be led by the USDS administrator and will work to advance the President's 18-month DOGE agenda. The U.S. DOGE Service Temporary Organization will terminate on July 4, 2026. The termination of the U.S. DOGE Service Temporary Organization shall not be construed as a termination, weakening, or modification of other powers or provisions of this order.
- DOGE Team. In consultation with USDS, each agency head shall establish a DOGE team consisting of at least four employees within their respective agencies, which may include special government employees. Team members must be hired or assigned within thirty days of the issuance of this order. Agency heads shall consult with the USDS administrator to select DOGE team members. Each DOGE team typically includes a DOGE team leader, an engineer, a human resources expert, and a lawyer. Agency heads shall ensure that the DOGE team leader coordinates with USDS and provides recommendations to their respective agency heads regarding the implementation of the President's DOGE agenda.
Swedish digital asset management company Virtune lists Finland's first five cryptocurrency ETPs
Swedish compliant crypto asset management company Virtune announced that Finland's first cryptocurrency ETPs have been listed on Nasdaq Helsinki, with five ETP products denominated in euros, all fully backed and collateralized, namely: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.
Insider: Binance executive Tigran recommended for a position in the Trump administration
According to CoinDesk, Binance executive Tigran Gambaryan, who was kidnapped and illegally detained in Nigeria for eight months, has been recommended for multiple positions in the Trump administration, such as SEC crypto asset chief or head of the FBI's cyber division. Insiders revealed that the recommendations to Trump's transition team came from individuals associated with Trump's participation in the Bitcoin 2024 Nashville conference, including event organizer David Bailey and Kraken's head of strategic planning Tracy Hoyos-López.
Tigran Gambaryan stated that if asked to serve his country again under Trump's new administration to combat crypto crime, it would be an honor. Gambaryan has served as Binance's head of financial crime compliance for the past two years and is a former federal agent and a member of the federal government's early crypto tracking elite team.
Musk: Silk Road founder Ross Ulbricht to be released due to presidential pardon
According to market news, Musk stated that Silk Road founder Ross Ulbricht will be released due to a presidential pardon.
Musk already has a White House email address and may have an office in the White House
On the first day of Trump's presidency, Musk already had his own White House email address.
A source revealed that billionaire Musk, who is set to become the Secretary of the Department of Government Efficiency (DOGE), stated that his email is already searchable in the internal search function of the President's Executive Office.
The source also showed a screenshot displaying Musk's new email address, with the suffix EOP, representing the Executive Office of the President. The source said: "This seems to confirm that he will have an office in the Eisenhower Executive Office Building." A source familiar with Musk's relationship with the Trump administration also indicated that Musk will have an office in the Eisenhower Executive Office Building. However, it is unclear how often this billionaire will use this office space.
Utah state legislator proposes strategic Bitcoin reserve legislation
According to Bitcoin Magazine, Utah state representative Jordan Teuscher has proposed strategic Bitcoin reserve legislation.
Coinbase to list TRUMP
Coinbase will add support for Official Trump (TRUMP) on the Solana network (SPL token).
Billionaire Mark Cuban considers creating a meme coin in the future, with sales revenue going to the U.S. Treasury
Billionaire entrepreneur and cryptocurrency advocate Mark Cuban stated on platform X: "If meme coins are the trend of the future, maybe I will issue one. However, I will add a twist. The issuance terms will be the same as TRUMP: 20% circulation, the same release plan. But there is one difference. All revenue from token sales will go directly to the U.S. Treasury. The wallet address will be public so everyone can track the flow of funds. If you want to take a gamble, then gamble. But at least use this money to help reduce U.S. debt."
SEC Chairman Gary Gensler officially resigns, Mark Uyeda appointed acting chairman
SEC Chairman Gary Gensler has officially resigned.
According to new appointment documents released by the White House, Mark Uyeda has been appointed as acting chairman of the SEC.
Uyeda is reported to be a Republican and has served as an SEC commissioner since June 30, 2022. Before becoming an SEC commissioner, Uyeda worked at the SEC for over 15 years. FOX Business previously reported that Mark Uyeda hopes to help Trump fulfill his promise to end the so-called "crypto war" of the Biden administration.
Ethereum Foundation establishes new multi-signature wallet, allocating 50,000 ETH to participate in the DeFi ecosystem
Ethereum Foundation staff hww.eth (@icebearhww) posted on social media that the Ethereum Foundation has established a new 3-of-5 multi-signature wallet and injected 50,000 ETH. The Ethereum Foundation will use this new wallet to participate in the DeFi ecosystem and has already conducted test transactions on Aave.
Trump nominates Caroline Pham as acting chair of the U.S. CFTC
Insiders say that President-elect Trump has chosen CFTC commissioner Caroline Pham to serve as acting chair of the agency.
Insiders say that the five CFTC commissioners voted on Monday to confirm Pham as acting chair. The commission typically approves the acting chairperson selected by the incoming administration. Pham and a spokesperson for the CFTC declined to comment.
"What are the exciting articles worth reading in the past 24 hours"
Full Text of Trump's Inaugural Address: The Golden Age of America Begins Now
Thank you, thank you all, thank you very much. Thank you very, very much. Vice President Vance, Speaker of the House Johnson, Senator Thune, Chief Justice Roberts, and the justices of the Supreme Court.
President Clinton, President Bush, President Obama, President Biden, Vice President Harris, and my fellow Americans, the golden age of America begins now.
From today, our country will prosper again and regain respect around the world. We will become the envy of every nation, and we will no longer allow ourselves to be bullied.
Every day of the Trump administration, I will put America first.
Our sovereignty will be reclaimed. Our security will be restored. The scales of justice will be rebalanced. The weaponization of the Department of Justice and our government with malice, violence, and injustice will end.
Our top priority is to build a proud, prosperous, and free nation. America will soon be greater, stronger, and more exceptional than ever before.
"Bodyguard Coin" scam? Trump's well-known supporter Ryan Fournier caught in MEME token fraud controversy
In the U.S. conservative political circle, Ryan Fournier has risen to fame as a student organization leader and Trump supporter, but in the cryptocurrency world, as a "crypto novice," he has become the focus of a series of controversial events.
From the recent rapid collapse of the "TIKTOK" memecoin to the suspected hype of the "Restore The Republic" (RTR) token in Trump's name, Fournier's presence has repeatedly appeared at the center of the storm. Perhaps due to translation issues, the Chinese community mistakenly believes he is Trump's bodyguard and has dubbed this meme coin "Bodyguard Coin."
Trump's inaugural speech did not mention cryptocurrency, market fluctuates downward, speculation on Bitcoin strategic reserves continues
After being sworn in as President on January 21, Trump delivered a speech promising to lead America into a "golden age" and save the country from what he called the "recession" caused by his predecessors' policies.
In the speech, he did not mention Bitcoin or cryptocurrency. The cryptocurrency market experienced turbulence in the past 24 hours, with over $824 million in funds being liquidated. Bitcoin and major tokens like Solana and Cardano saw significant price fluctuations. However, Bitcoin showed relative resilience.
As of the morning of January 21, Coinglass data showed that a total of 278,000 people were liquidated globally in the past 24 hours, with a total liquidation amount of $824 million, including $556 million in long positions and $268 million in short positions. Bitcoin was priced at $101,812.82, up 0.31% in the past 24 hours.
According to NBC, hours after the inauguration, Trump signed his first batch of executive orders at the U.S. Capitol. One of the orders relates to cabinet responsibilities. Additionally, The New York Times reported that Trump is expected to sign up to 100 executive orders within hours of his inauguration. Next, he may sign some of these orders at the "Capital One Arena" in Washington, involving policies on immigration, climate, and energy. Previously, the market expected that Trump might also sign executive orders related to cryptocurrency in the coming days.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of January 21, 19:50:
The top five popular Ethereum tokens in the past 24 hours are: MELANIA, TRUMP, SBR, ELON, LINK
The top five popular Solana tokens in the past 24 hours are: TRUMP, BARRON, SHRUMP, MELANIA, AIB
The top five popular Base tokens in the past 24 hours are: VIRTUAL, AIXBT, USD+, EURC, BRETT