Bitcoin rose over 10% after President Trump’s executive order.

Happening in the World: In the wake of the US’s cuts to USAID, hundreds of millions of contractural payments to aid groups were frozen. Officials in Gaza stated they could not afford to continue aid operations indefinitely and are scaling down operations. (AP)

Happening in the US: On Thursday, President Donald Trump signed an executive order establishing a government reserve of about 200,000 bitcoin. The bitcoin will be kept as a “store of value” and enable the Treasury and Commerce Departments to “develop budget-neutral strategies for acquiring additional bitcoin.” (AP)

Happening in NYC: Following the resignation of his previous aides, Mayor Adams named four new deputies at New York City Hall. As he faces a re-election campaign, Adams’s appointments involve matters like health and human services, housing, operations, and public safety. (Gothamist)

Happening in our Community: The South Asian fusion dance team Taal is performing at Naach Nation in Rhone Arledge Auditorium. Taking place at 7 pm, the event is dedicated to charity and promoting the arts.

Header via Bwarchives.