Overview of Important Overnight Developments on February 5
1. US Stock Market Close: The three major indices rose, with the China Concept Stock Index up over 2%
2. The probability of the Federal Reserve maintaining interest rates in March is 84.5%
3. Tether Treasury minted an additional 1 billion USDT on the Tron network
4. Morgan Stanley: No longer expects a rate cut by the Federal Reserve in March, anticipates a rate cut in June
5. FTX's first repayment will begin on February 18, 2025
6. Crypto Czar David Sacks: Exploring the feasibility of Bitcoin reserves
7. Chairman of the US House Financial Services Committee: A cryptocurrency task force will be established by both houses of Congress
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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