BlockBeats News, February 19 — Whale Alert founder Frank S stated, "The potential profit level of BTC has fallen back to the end of 2023 (totaling approximately $300 billion for all holders). If history repeats itself, the coming months could be challenging, as data shows that 'continuous profitable periods' typically last about 3 years, and this cycle has also lasted exactly 3 years."

PANews February 15 News, according to a post by TheBlock project director Frank Chaparro, Wells Fargo posted a Digital Asset Services Manager position four days ago. Responsibilities include: developing a three to five-year strategy covering tokenized deposits, on-chain collateral, intraday liquidity, and 24/7 programmable payments — fully integrated with wire transfers, ACH, RTP, FedNow, and SWIFT. Not long ago, Morgan Stanley and JPMorgan also hired senior leaders in the cryptocurrency field.

U.S. Representative Maxine Waters recently publicly called for a formal hearing on the SEC's cryptocurrency regulatory policies, directly targeting current SEC Chairman Paul Atkins. She emphasized that, amid a significant shift in the SEC's enforcement attitude towards the crypto industry, congressional oversight is "long overdue." In a letter to House Financial Services Committee Chair Frank Hill, Waters pointed out that the SEC rapidly adjusted its crypto regulatory stance during President Trump's tenure but has never faced public questioning from the committee. She believes this change is "worthy of discussion" and could undermine the credibility of market regulation. She specifically mentioned that former Chair Gensler attended two hearings in his first year in office, while Atkins has yet to undergo the same level of oversight.

Golden Finance reports that Canadian billionaire Frank Giustra has harshly criticized Michael Saylor's suggestion to sell gold in exchange for Bitcoin, calling it naive and overly simplistic, and dangerous. Giustra pointed out that emerging economies like China and India have been actively accumulating gold over the past 15 years, which makes gold more resilient than Saylor believes and more supported globally.

Golden Finance reported that after the latest minutes from the Fed were released, gold prices pulled back some of their gains, with market participants focusing on upcoming U.S. economic data to seek new clues about the path of U.S. interest rates. The October Fed policy meeting minutes showed that although policymakers warned that lowering borrowing costs could affect inflation control, which has been above the 2% target for four and a half years, the clearly divided Fed still decided to cut rates last month. Fed Chairman Powell stated in an unusually frank manner at the post-meeting press conference that a rate cut in December is 'not a done deal.' Marex analyst Edward Meir pointed out, 'The minutes are already a given; what’s more important is to observe the dynamics in December, as the Fed needs more data to make decisions. Disparate data releases will become the market's focus.' The CME FedWatch tool shows that traders currently expect a 30% probability of a rate cut in December.