Market News: Trump Tax Bill Fails to Pass in House Subcommittee

BlockBeats News, May 17th, according to market sources, due to cost disagreements within the Republican Party, the Trump Tax Bill did not pass the House Ways and Means Committee. (FX168)

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On-Chain Activity

28min ago

F2Pool co-founder Wang Chun completes ETH swing trading, buying back 10,992 Ethereum worth $21.87 million in the past two days.

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Wintermute increased its short position by $18.26 million, bringing its total short position to $90.71 million.

1h ago

Machi has been liquidated over 2,100 times on Papertrade, with losses amounting to $2.22 million.

2h ago

Gold has fallen more than 30% from its peak, silver has dropped nearly 60%, and whales prefer to add to gold and sell silver.

24H Important News

2026-11-13

A Polymarket account named "Nvidia Insider" saw its position reduced to zero after predicting that Jensen Huang would not step down.

U.S. stock index futures were mixed in pre-market trading, with most semiconductor, memory, cryptocurrency, and optical communication stocks declining, while Nvidia rose 1.31%.

F2Pool co-founder Wang Chun completes ETH swing trading, buying back 10,992 Ethereum worth $21.87 million in the past two days.

ByteDance plans to repurchase $6 billion in shares, valuing the company at $400 billion, and will grant 300 million incentive equity to AI employees.

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