Bit Push Weekend Key News Review:
[Eric Trump Reaffirms: Buy BTC and ETH at Low Points]
Eric Trump, Trump's second son, reposted his tweet from the market's low point on February 25th, stating: Once again, buy BTC and ETH at low points.
[Trump Hopes to Disclose All Epstein Case-Related Documents]
According to Jin Shi Data, Trump stated in an interview with US media that he "hopes to disclose all documents related to the Epstein case". Trump said he wants to make all information public, but does not want anyone to be hurt or implicated. Trump also stated that if anyone had information related to him, it should have been published before the presidential election.
[Caixin: Hong Kong May Limit First Stablecoin Licenses to Three to Four Companies]
According to Caixin, Hong Kong may limit the first batch of stablecoin licenses to three to four companies. The Hong Kong Monetary Authority, in communication with the Chinese central bank, recognized that the main regulatory responsibilities and risks are concentrated with the Hong Kong Monetary Authority under the regulatory memorandum. Many Chinese banks' branches and securities firms in Hong Kong are eager to participate in compliant stablecoin business, including Bank of China Hong Kong, Bank of Communications Hong Kong, China Construction Bank (Asia), China Merchants Bank International, and Guotai Junan International, involving stablecoin issuance, custody, and other businesses.
Additionally, an insider stated that China currently does not have a globally influential public chain.
[Trump Media Tech Group Officially Discloses Truth Token and Wallet Plans]
According to DL News, Trump Media and Technology Group (TMTG) officially disclosed plans for its Truth brand utility token and digital wallet in the latest filing with the US Securities and Exchange Commission (SEC).
The company had hinted at this concept in a shareholder letter months ago. The document shows that the token will be part of a "larger-scale reward program", integrated into the "Truth Digital Wallet", with initial uses including paying Truth+ subscription fees.
As the project progresses, the token may be applicable to other products and services in the Truth ecosystem, suggesting broader future use across the platform. Although the document does not explicitly call it a "cryptocurrency", the wording suggests it is likely built on blockchain infrastructure. This quarter's financial report is the first time the project has appeared in public financial documents, indicating the token is now considered a core part of Trump Media and Technology Group's crypto strategy.
[Justin Sun Officially Completes Blue Origin Space Flight, Becomes Youngest Chinese Commercial Astronaut]
TRON founder Justin Sun successfully completed a space edge flight on Blue Origin's New Shepard spacecraft on the evening of August 3rd, becoming the youngest Chinese commercial astronaut in history. The mission lasted approximately 10 minutes, crossing the Kármán line, achieving suborbital flight and zero-gravity experience, and safely landing in Texas.
After disembarking, Justin Sun stated in an interview, "I've waited four years for this flight. But we finally achieved it. I'm very grateful to Mr. Bezos and his team for making this possible. Thanks to my parents for bringing me into this world. When I looked at Earth from space, it seemed so small - but it's our home. We must protect it to the best of our abilities. This is my first commitment and step towards space, and there will be more in the future."
[SBF Appeal Case to be Heard in November This Year]
FTX creditor representative Sunil stated on social platforms that SBF's appeal case will be heard during the week of November 3rd, 2025, in the US Second Circuit Court of Appeals. SBF was previously found guilty of 7 charges in November 2023 and sentenced to 25 years in March 2024.
SBF officially filed an appeal in September 2024, with all related legal documents submitted by January 2025. The hearing result will be a critical point for his potential case reversal and sentence modification.
[Trump Actively Seeking Next Federal Reserve Chairman with Bassant]
According to Jin Shi, when discussing the next Federal Reserve chairman, White House National Economic Council Director Hassett stated that President Trump is actively searching for candidates with Treasury Secretary Bassant.
[Satoshigallery: Satoshi Nakamoto Sculpture Found]
Satoshigallery, the Satoshi Nakamoto sculpture planner, posted on X that the Satoshi Nakamoto sculpture has been found, thanking the Lugano city government.
The sculpture was reportedly thrown into a nearby lake.
Previously, Satoshigallery had offered a 0.1 BTC reward for helping recover the stolen sculpture in Lugano, Switzerland, stating, "You can steal our symbol, but can never steal our soul". The team promised to continue establishing Satoshi Nakamoto statues in 21 cities globally.
[Musk: Grok Can Now Customize Product Promotions on X Platform]
Musk posted on X, "To promote a specific product, Grok can now recommend products to people based on their known interests and provide a simple purchasing method".
Additionally, Musk stated that it is still in beta version and has many areas that need improvement.
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