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![[Bitpush Daily News Selection] JPMorgan issues Galaxy short-term bonds on the Solana network; New York court sentences Terraform Labs founder Do Kwon to 15 years in prison; US Financial Stability Oversight Council (FSOC) annual report removes digital asset risk warning; OpenAI launches a more advanced model, GPT-5.2, to compete with Google](https://img.bgstatic.com/multiLang/image/social/35029d7d430a8303837232285bb190721765555021864.jpg)
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Why is it said that almost all altcoins will go to zero, with only a few exceptions?
The article discusses the upcoming Federal Reserve interest rate cut decision and its impact on the market, with a focus on the Fed’s potential relaunch of liquidity injection programs. It also analyzes the Trump administration’s restructuring of the Federal Reserve’s powers and how these changes affect the crypto market, ETF capital flows, and institutional investor behavior. Summary generated by Mars AI. This summary was produced by the Mars AI model, and the accuracy and completeness of the generated content are still being iteratively updated.
- 00:30Vanguard Head of Quantitative Equity: Bitcoin is more like a speculative collectible than a productive assetJinse Finance reported that John Ameriks, Head of Quantitative Equity at Vanguard Group, stated that bitcoin still resembles a speculative collectible—“like a popular plush toy”—rather than a productive asset with income or cash flow characteristics.
- 00:20Tether plans an all-cash acquisition of Exor's 65.4% stake in Juventus Football ClubAccording to ChainCatcher, as per the official announcement, Tether has submitted a binding all-cash acquisition offer to Exor, intending to acquire all of its shares in Juventus Football Club, accounting for 65.4% of the issued share capital. The completion of the transaction is subject to Exor's acceptance, the signing of final documents, and obtaining necessary regulatory approvals. After the transaction is completed, Tether plans to launch a public tender offer for the remaining shares at the same per-share price, with all funds coming from its own capital, and has committed to a long-term commitment to the club. If the transaction is completed, Tether is prepared to invest 1 billion euros to support and develop Juventus Club. According to market sources, insiders revealed that the Agnelli family, which holds the controlling stake in the club, does not intend to sell its shares.
- 00:08Pakistan is integrating Bitcoin into its economic infrastructure and launching Bitcoin mining and artificial intelligence businesses.According to Jinse Finance, Pakistan's cryptocurrency regulatory authority stated that the country is integrating bitcoin into its economic infrastructure and utilizing its 20GW energy surplus to conduct bitcoin mining and artificial intelligence-related businesses. The authority also predicts that emerging markets will lead the next wave of cryptocurrency adoption.