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$BTC The U.S. Department of the Treasury clearly stated: taxpayer funds will not be used to bail out Bitcoin

Latest news indicates that U.S. Treasury Secretary Bessent has explicitly stated that the U.S. Department of the Treasury has no legal authority to use taxpayer funds to bail out Bitcoin or related cryptocurrency assets. This statement draws a clear line in the recent discussions about market volatility and the role of government.

Bessent emphasized that Bitcoin is a category of assets formed spontaneously by the market, and its price fluctuations should be borne by market participants themselves, rather than being underwritten by public finances. This stance continues the fundamental principle of U.S. financial regulation: the government is responsible for maintaining the stability of the financial system, but does not underwrite the price of a single asset.

This statement is also seen as a realistic reminder to the market. As the scale of cryptocurrency assets continues to expand, some investors have begun to speculate whether the government would intervene to stabilize prices in extreme market conditions. The Treasury's response directly denied this expectation, indicating that Bitcoin remains within the realm of 'self-risk and self-profit and loss' in the market.

From a policy perspective, this statement does not equate to denying the legitimacy of the cryptocurrency industry. On the contrary, it emphasizes institutional boundaries: regulation, compliance, and financial stability can be discussed, but price bailouts are not on the table. This distinction helps to establish a clearer expectation framework for the industry.

Overall, the Treasury's position sends a clear and calm signal to the market. Bitcoin may be increasingly discussed, regulated, and researched, but it will not be included in the traditional category of 'bailout assets.' This also means that participants must be fully prepared for volatility.
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【Theme】
From 500 billion to trillion: The value anchoring and ecological breakthrough of community coins in the bull market of stablecoins
🌏【Subtitle】The ecological integration path of stablecoins and community coins in the new cycle
🌏【Introduction】
Currently, the stablecoin sector is experiencing a large-scale explosion, with a global market capitalization exceeding 310 billion US dollars, reaching a historic high. By 2026, it aims for a scale of 500 billion, with compliance and profitability becoming core development directions. The US 'GENIUS Act' and the Basel regulatory standards for cryptocurrencies in Hong Kong have enabled stablecoins to upgrade from crypto tools to quasi-currency tools, intensifying competition among yield-bearing stablecoins and dedicated chain sectors. Looking to the future, stablecoins are accelerating towards a trillion scale, integrating deeply with scenarios like RWA and on-chain payments, becoming an important variable in the global financial system, and binding closely with the Web3 ecosystem to solve structural liquidity contradictions, thus becoming the core bridge linking traditional capital and community ecology. In this trend, the ecological integration of stablecoins and community coins has become a new industry hotspot. The synergy between the two can not only activate the liquidity value of stablecoins but also provide a new path for community coins to anchor value and achieve ecological breakthroughs. Today, we will focus on this core proposition, dissecting the ecological logic of USD1 and Penguin Life, exploring the integration path and wealth opportunities in the new cycle.
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$BTC Grammy live performance sparks controversy, Cui Wa mocks Spicy Chicken supporting Trump遭反击

On February 1 local time, the 68th Grammy Awards featured an exciting clash, with host Cui Wa directly pointing out Spicy Chicken's absence from the scene during the opening segment, joking that she was at the White House discussing "important issues" with Trump, and mimicking Trump's tone to compete in a buttocks contest, which garnered applause from the guests present.

This mockery stemmed from Spicy Chicken's high-profile appearance at the Trump summit on January 28, where she claimed to be his number one fan and showcased her "Trump Gold Card." This move has led to a significant number of her fans unfollowing her. Afterward, Spicy Chicken quickly retaliated on social media against Cui Wa, while Trump angrily condemned her remarks as slander, stating that he would appoint a legal team to sue Cui Wa. This cross-border turmoil between entertainment and politics continues to intensify.

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