The once high-profile U.S. Government Efficiency Department has quietly come to an end, and the relationship between Musk and Trump, intertwined with interests and power, has experienced a rollercoaster of fluctuations. On November 23, local time, the "Department of Government Efficiency" (DOGE), established on the first day of President Trump's term and led by Musk and Ramaswamy, was quietly dissolved with eight months remaining on its contract. The Director of the U.S. Office of Personnel Management confirmed that it "no longer exists," and many of its functions have been taken over by others.

The IP of platform X is public, the identification of authenticity in the crypto circle and the game of privacy.

On October 11, 2025, the cryptocurrency market experienced an unprecedented flash crash. The price of Bitcoin plummeted from its peak, leaving the market in despair. Initially, public opinion pointed fingers at geopolitical issues, macroeconomic factors, or some sudden policy changes. However, more than a month later, as the smoke began to clear, the truth finally emerged.

Is the DAT model really a bridge connecting TradFi, or is it the "death spiral" of the crypto market?

When the market is divided, true influence comes from those who dare to define the rules. Michael Saylor of MicroStrategy, Brian Armstrong of Coinbase, and Vitalik Buterin of Ethereum are writing the future of the crypto market in completely different ways.

Author: Yue Xiaoyu Recently, the Bitcoin treasury company MicroStrategy is set to be removed from global index funds. This means that there could be an outflow of $8.8 billion, which would be a huge blow to Bitcoin's price. So, what does the future hold for Bitcoin treasury companies? What is the future of the DAT model? The DAT model is not just about traditional companies borrowing money to buy coins; more importantly, the interests of traditional companies are tied to the ecosystem of this token. Beyond what many people realize, many Bitcoin treasury companies are already actively promoting Bitcoin's生

In the past three weeks, the cryptocurrency market has been experiencing a silent liquidity crisis. The Coinbase premium index has a deep negative value, Bitcoin ETFs are facing the largest outflow of funds in history, and exchange reserves continue to decline—these three key indicators are all flashing red, revealing the harsh reality that institutional funds in the United States are withdrawing on a large scale.

Live discussion on how to build a powerful smart money tracking system based on the OKX wallet and how to use its strong tracking features to grasp the dynamic changes of "smart money" in the market from a data perspective.

This list outlines the key factors that determine whether a project ranks in the top 15% of sustainable development or falls into the category of another chart that only declines without rising.

BBX Weekly Report: Last week, the global listed companies' cryptocurrency treasury strategies showed a clear trend of multi-chain parallel expansion, and treasury management has entered a professionalized era of returns.

The internal divisions within the Federal Reserve have become public, and one of the "three giants," John Williams, ignited market enthusiasm with his statement, "There is still room for rate cuts in the near term." "I still believe there is room for further adjustments to interest rates in the short term." On November 21, John Williams, president of the New York Fed and one of the "three giants," sent a dovish signal during a speech. This statement immediately triggered market fluctuations, with traders in the interest rate futures market adjusting their bets, raising the probability expectation for a rate cut in December from less than 40%.

DeFi lending protocols are shifting from traditional DAO governance to a hybrid model to balance decentralization and commercial efficiency. Gearbox fully adopts a curator model for rapid expansion, while Aave, Compound, and others still retain DAO governance. The curator model enhances efficiency but brings centralization risks, and multi-chain expansion may lead to liquidity fragmentation.

The number of addresses holding 10,000 BTC has increased to a record high of 90; the probability of the Federal Reserve cutting interest rates in December has reached 69.4%; BlackRock's Bitcoin ETF has set a new daily trading volume record; the RWA sector is gaining attention, driving the on-chain development of assets.