Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/17386388712.png)

## Daily Summary:Berachain releases whitepaper, Trump signs executive order to establish sovereign wealth fund

As of press time, Farside Investors data shows that the U.S. <a href="/nl/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> spot ETF saw a net inflow of $234 million yesterday. Fidelity’s FBTC had a net inflow of $177 million, while BlackRock’s IBIT data is yet to be released.

Yesterday, the U.S. <a href="/nl/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> spot ETF saw a net inflow of $83 million, with Fidelity’s FETH seeing $49 million in net inflows. BlackRock’s ETHA data is also yet to be released.

### Berachain Releases Whitepaper: Dual-Token Model and PoL Incentive Mechanism
Berachain Foundation has released its whitepaper, introducing Berachain as an EVM-compatible Layer 1 blockchain designed to create value for applications. The network aims to align its value with that of the applications built on it using the Proof of Liquidity (PoL) mechanism. This innovation changes the traditional Proof of Stake (PoS) model by linking validator rewards directly to the demand for applications on the network.

In Berachain’s economic model, BERA is used for staking and trading, while BGT is used for governance and rewards. BGT issuance is closely tied to BERA staking, and BGT can be burned to exchange for BERA. The PoL mechanism controls inflation by adjusting validator rewards, ensuring network security and decentralization.

### U.S. to Delay Tariffs on Canada for At Least 30 Days

On February 1, Trump signed an executive order imposing a 25% tariff on goods imported from Mexico and Canada. Earlier on February 3, Trump had a call with Mexican President Andrés Manuel López Obrador. Following the conversation, both leaders announced that the U.S. and Mexico agreed to delay the implementation of the tariffs for one month and would continue negotiations.

### Trump Signs Executive Order to Create Sovereign Wealth Fund, Potentially Opening Path for Government to Hold Cryptocurrencies

On Monday, U.S. President Donald Trump signed an executive order instructing the Treasury and Commerce Departments to set up a sovereign wealth fund. Treasury Secretary Scott Benson has shown interest in cryptocurrencies, while Commerce Secretary nominee Howard Lutnick is a firm supporter of the crypto industry.

Benson noted that the sovereign wealth fund is expected to be established within the next 12 months. While <a href="/nl/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> wasn’t specifically mentioned, the fund could provide a way for the government to purchase and hold cryptocurrencies.



## Market Analysis: RWA Sector Leads, Bitcoin Breaks $100K Again

### Market Highlights
- Following the tariff delay, global risk aversion has eased, resulting in a strong rebound in cryptocurrency markets. The RWA sector is leading the gains, up by 21% in the past 24 hours, with OM surging 27% to an all-time high and ONDO increasing by 20%.The AI sector, which saw significant losses yesterday, also saw a strong recovery, with FACTCOIN climbing 28% and TAO rising 19%.

- Eric Trump, son of U.S. President Donald Trump, shared on social media that now is an excellent time to buy ETH（In my opinion, it‘s a great time to add ETH.）

### General Trend:
- <a href="/nl/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> has climbed back above $100K, currently priced at $101,300, up 8% in the last 24 hours, demonstrating strong resilience amid recent fluctuations.
- <a href="/nl/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> has rebounded to $2,900, currently at $2,872. With backing from the Trump family, <a href="/nl/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> is expected to maintain positive momentum.
- Altcoins have shown a collective rebound, with most sectors experiencing gains of over 15% in the past 24 hours. The RWA and AI sectors are leading the way, while SocialFi and GameFi remain relatively weaker, rising 5.7% and 8.7%, respectively.


## Macro News: U.S. Delays Tariff Policies, Global Markets Experience V-Shaped Recovery

The U.S. decision to delay the implementation of tariffs on Mexico for one month has significantly impacted the market. In response, Mexico has deployed 10,000 National Guard troops to enhance patrols along the northern border to prevent the trafficking of fentanyl and other drugs into the U.S. The Mexican peso, CBOT corn, and wheat futures all saw a rise, while U.S. and European stock indices, as well as Treasury yields, quickly rebounded from earlier losses. Bitcoin surged back to its daily high, and oil prices dropped.

After hours, the Canadian dollar surged by over 70 points, breaking the 1.45 level and recovering from earlier declines. Reports indicated that Trump’s conversation with the Canadian Prime Minister went “very smoothly,” leading to the announcement of a 30-day delay in tariffs on Canadian imports. U.S. stock futures rose sharply, with Dow futures gaining more than 200 points, Nasdaq 100 futures up 0.8%, and S&P futures rising 0.5%.

On the macroeconomic front, the U.S. ISM Manufacturing Index returned to expansion for the first time since September 2022, ending 26 months of contraction. Employment, new orders, and production indices all showed growth, while the prices-paid index exceeded expectations, helping ease market risk aversion. However, concerns about tariffs and retaliation led traders to reassess their bets on potential Federal Reserve rate cuts, with a 50% chance of two rate cuts in 2025.

<div class="blog-details-info">
<div>Author:** Rooick **, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.All investments carry inherent risks; prudent decision-making is essential.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

简体中文

English

日本語

繁體中文

福利中心

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

launchpool

launchpad

赚币-HODLer Airdrop

candy_drop

web3 Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易-盘前交易

Alpha

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

储备金

合作伙伴

cextg小程序

小红花

web3

Daily news|Trump Signs Order to Establish Sovereign Wealth Fund, Bitcoin Returns Above $100K