Odaily Planet Daily reported that US President Trump officially signed an executive order allowing 401(k) investors to invest in alternative assets such as cryptocurrencies. It is reported that the 401(k) retirement fund market has a capital volume of 12.5 trillion US dollars.

Odaily Planet Daily News: US President Trump: Selected Stephen Milan, current chairman of the Council of Economic Advisers, to fill the recently vacated seat on the Federal Reserve Board of Governors, with a term ending on January 31, 2026. (Jinshi)

Odaily Planet Daily reports that White House officials are preparing to have Trump nominate Stephen Miran, current Chair of the Council of Economic Advisers (CEA), to serve on the Federal Reserve Board. Trump indicated on Wednesday that he might nominate an interim governor to fill the vacancy, rather than directly nominating a successor to Fed Chairman Jerome Powell. Trump has been a harsh critic of Powell's monetary policy. The aforementioned sources said that if Miran is nominated and confirmed by the Senate, he is expected to serve only until January of next year. Fed Board Governor Kugler announced last week that she would step down this Friday.

According to Odaily's OKX market data, BTC has broken through 117,000 USDT and is now trading at 117,015.5 USDT, a 24-hour increase of 1.52%. (This newsletter was generated with AI assistance.)

Odaily Planet Daily market data shows that BIO briefly broke through 0.1 USDT and is currently trading at 0.098 USDT, with a 24-hour increase of 63.5%.

OKX market data from Odaily Planet Daily shows that ETH has fallen below 3800 USDT, currently trading at 3799.6 USDT, a 24-hour drop of 4.33%. (This newsletter was generated with AI assistance.)