AICoin Daily Report (July 1)

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10 hours ago

1. Goldman Sachs Moves Fed Rate Cut Timeline from December to September

Odaily Planet Daily reports: Goldman Sachs has moved the Federal Reserve's rate cut timeline from December to September. -Original

2. Treasury Secretary Reveals Crypto Stablecoin Legislation May Be Completed by Mid-July

3. Trump Calls for Interest Rates to Be Cut to 1%, Criticizes Fed Policy

Odaily Planet Daily reports: U.S. President Trump stated on social media: Powell and his entire committee should be ashamed for allowing such things to happen in America. Their job is one of the easiest yet most prestigious in the country, but they have failed and continue to fail. If they did their job properly, our country could save trillions of dollars in interest costs. The committee just sits there and watches, so they are equally to blame. Our interest rates should only be 1%, or even better! -Original

4. Fed's Bostic Says No Need to Raise Rates to Combat Inflation

Odaily Planet Daily reports: Fed's Bostic stated that he believes there is no need to raise rates to combat inflation. -Original

5. Robinhood Announces Launch of ETH and SOL Staking Services

Odaily Planet Daily reports: Robinhood announced on the X platform that ETH and SOL staking services are now available to U.S. customers, but eligibility and restrictions vary by region. -Original

6. Bloomberg Raises Approval Odds for Spot XRP, SOL, and LTC ETFs to 95%

7. Bhutan Government Transfers 137 BTC to Binance

About 20 minutes ago, the Bhutan government marked an address that transferred 137 BTC to Binance, worth $14.77 million. -Original

8. U.S. Senator Calls for End to Double Taxation on Bitcoin and Cryptocurrencies

Senator Cynthia Lummis called on Congress to end the unfair taxation on Bitcoin and cryptocurrencies. "For years, miners and stakers have been taxed twice. Once when they receive block rewards, and again when they sell those rewards. It is time to stop this unfair tax treatment and ensure that America becomes the world's superpower in Bitcoin and cryptocurrencies." -Original

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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