Darkex News February 4, 2025

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Trump Signs Executive Order to Establish Sovereign Wealth Fund within 12 Months

US President Donald Trump has signed an executive order requiring the Departments of Treasury and Commerce to establish a sovereign wealth fund. Treasury Secretary Scott Bessent has shown a cautious interest in cryptocurrencies, while Commerce Secretary nominee Howard Lutnick stands out as an active crypto supporter.

by Darkex Research – 1 min read

Eric Trump: “It’s Time to Increase ETH Holdings

Eric Trump, Trump’s second son, posted on social media platform X that now is the best time to increase Ethereum (ETH) holdings.

by Darkex Research – 1 min read

Utah Takes an Important Step Towards Creating a Bitcoin Reserve

A Utah state legislature committee passed a bill allowing the state to invest in Bitcoin and other cryptocurrencies by an 8-1 vote. If it becomes law, Utah will be the first US state to create a Bitcoin reserve.

by Darkex Research – 1 min read

OpenAI Launches Deep Research Feature

OpenAI has launched a new “Deep Research” feature for ChatGPT. This feature can generate analyst-level reports in 5 to 30 minutes. The feature is currently active for Pro users.

by Darkex Research – 1 min read

India to Tax Undeclared Crypto Gains

With new regulations, India will tax undeclared cryptocurrency gains just like money, jewelry and gold bullion. Crypto assets will be defined as “Virtual Digital Assets (VDA)” and reporting institutions will have to provide detailed information on these assets.

by Darkex Research – 1 min read

Crypto and Artificial Intelligence “Czar” David Sacks to Hold Press Conference Today

David Sacks, appointed by US President Trump, will hold a press conference today to outline the US government’s plans for leadership in digital wealth and artificial intelligence.

by Darkex Research – 1 min read

Trump Agrees to Delay Tariffs with Mexico for a Month

Trump has agreed with Mexican President Sheinbaum to suspend the expected tariffs for one month. The two sides will continue negotiations during this period to seek a permanent solution.

by Darkex Research – 1 min read

Elon Musk Outlines DOGE Plan and Aims to Boost Confidence in US Debt

Elon Musk has presented a plan to abolish the US foreign aid agency USAID. Musk aims to increase confidence in US debt, arguing that regulations should be simplified.

by Darkex Research – 1 min read

Sol Strategies Buys 40,300 SOLs

Canada-based Sol Strategies has acquired 40,300 SOLs, spending approximately $9.94 million. The transaction was realized at an average price of USD 246.53 per SOL.

by Darkex Research – 1 min read

Ethereum Increases Gas Limit for the First Time Since Proof-of-Stake Transition

The Ethereum network has increased its scalability capacity by increasing the gas limit from 30 million to 31 million. The change was approved by more than 50% of validators.

by Darkex Research – 1 min read

Tron and Movement Decline to Exchange Tokens with WLFI Project

Tron and Movement Labs rejected a token swap offer from the Trump-backed WLFI project. Movement co-founder Rushi Manche said there was no collusion or backdoor dealings.

by Darkex Research – 1 min read

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