Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
U.S. Treasury Secretary Yellen: The government will not "rescue" Bitcoin and has no authority to instruct banks to buy it.
Odaily Planet Daily News: US Treasury Secretary Scott Bessent testified before Congress that the US government will not “rescue” Bitcoin during market downturns, nor will it instruct private banks to buy BTC.
In response to California Congressman Brad Sherman’s question, Bessent explicitly stated that neither the Treasury Department nor the Financial Stability Oversight Council (FSOC) has the authority to require banks to purchase Bitcoin or the so-called “Trump coin” by adjusting reserve requirements.
He also stated that the US will continue to hold Bitcoin obtained through asset forfeiture, with the value of the Bitcoin in custody increasing from approximately $500 million to over $15 billion.
Additionally, Bessent reiterated that the US Bitcoin strategic reserve will only increase holdings through asset forfeiture or a “budget-neutral” approach, and will not directly buy Bitcoin on the open market. (Cointelegraph)