1. Federal Reserve Chairman Powell: Rate Cuts Possible This Year
Odaily Planet Daily reports that Federal Reserve Chairman Powell stated that in certain circumstances, a rate cut this year is appropriate, while in other situations, it is not. He cannot confidently say he knows the appropriate path for interest rates. -Original
2. Federal Reserve Keeps Interest Rates Unchanged
Odaily Planet Daily reports that the Federal Reserve has maintained the benchmark interest rate at 4.25%-4.50%, in line with market expectations, marking the third consecutive meeting of no change. -Original
3. Inflation Effects of Federal Reserve Policy May Be Temporary
Odaily Planet Daily reports that Federal Reserve Chairman Powell stated that avoiding persistent inflation will depend on the scale, timing, and inflation expectations of tariffs, and the inflation effects of policy may be temporary. -Original
4. Robinhood Plans to Launch Blockchain-Based US Stock Trading Platform in Europe
Robinhood is developing a new blockchain-based platform that aims to allow European users to trade tokenized assets of US securities. The platform may be based on Arbitrum, Ethereum, or Solana blockchain, and will be built in collaboration with a digital asset company. Reports indicate that as the European regulatory environment becomes clearer, asset tokenization has become a popular direction for traditional financial institutions to expand into the crypto market. -Original
5. US Treasury Secretary: Digital Assets Demand for Treasury Bonds Reaches $2 Trillion
US Treasury Secretary Basant stated that the demand for US Treasury bonds from digital assets could reach as high as $2 trillion. -Original
6. US Banks Can Buy and Sell Custodied Crypto Assets
A new policy directive from US national banking regulators states that these institutions can also outsource cryptocurrency custody and execution to external entities. -Original
7. Coinbase to Support PAX Gold Trading
Coinbase has opened spot trading for PAX Gold (PAXG). Project Introduction: PAX Gold (PAXG) is an ERC-20 token based on the Ethereum network that represents ownership of physical gold. Please do not send this asset through other networks, or your funds may be lost. -Original
8. ETH Falls Below $1800 Mark
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
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