David Sacks: Unable to answer whether "sovereign wealth funds hold cryptocurrencies" or not
During the question and answer session at the press conference, David Sacks responded to the last question by saying that studying the feasibility of Bitcoin reserves was one of the primary tasks directed by the president. This will be part of a government internal working group's research. "Putting cryptocurrency into sovereign wealth funds" is another issue, for which no answers could be provided at this press conference.
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Data: In the past 24 hours, total liquidations across the network reached $268 millions, with long positions liquidated for $174 millions and short positions liquidated for $93.5061 millions.
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