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Today’s What’s New for Builders!

1) Elon Musk’s Department of Government Efficiency (DOGE) has saved U.S. taxpayers $36.7 billion, though this is just 1.8% of his $2 trillion spending cut target.

2) Felix Hartmann, founder of Hartmann Capital, believes the crypto market may be near a bottom, pointing to extended negative funding rates and bearish sentiment as indicators.

3) Bitcoin's price dropped below $100,000 on Feb. 4, as concerns over the global trade war between the United States and China affected market sentiment.

4) Bill Barhydt, CEO of Abra, has made bold predictions about Bitcoin and Ethereum, suggesting that Bitcoin could reach as high as $700,000 in the current cycle.

5) Alon Cohen, co-founder of Pump.fun, recently commented on the state of altcoins, suggesting that many tech-based altcoins serve the same purpose as meme coins.