● U.S. appeals court approves Trump's request to temporarily restore tariff measures
According to Odaily Planet Daily, the U.S. appeals court temporarily restored Trump's tariff measures during the appeal.
According to PANews, White House National Economic Council Director Hassett stated that the Trump administration has various options regarding tariffs. The rulings on tariffs will not affect ongoing trade agreements. Hassett is confident that the appeal of the tariff decisions will be successful. More trade agreements are expected in the coming weeks. As of last week, three agreements are ready and waiting for Trump to make a decision.
● Trump administration is considering a measure allowing tariffs up to 15%, effective for 150 days
According to Odaily Planet Daily, citing The Wall Street Journal, the Trump administration is considering a measure allowing tariffs up to 15%, effective for 150 days.
● Analysts expect the Federal Reserve to restart interest rate cuts this fall
According to Jin10 data, Granite Bay analyst Paul Stanley stated that the revision of the U.S. first-quarter GDP data may not change the Federal Reserve's wait-and-see stance. He expects the Federal Reserve to restart interest rate cuts this fall and mentioned that the Federal Reserve may cut rates 1 to 2 times in the last few months of 2025.
According to data from the Chicago Mercantile Exchange (CME), this expectation is consistent with market pricing. The second estimate of U.S. first-quarter GDP showed an economic contraction of 0.2%, a slight narrowing from the previously announced contraction of 0.3%.
● Former CFTC chairman calls for expanded regulatory authority to manage the cryptocurrency market
According to Deep Tide TechFlow, on May 29, former CFTC chairman Rostin Behnam stated that without granting the CFTC greater regulatory authority, the cryptocurrency market will continue to be unregulated.
Behnam supports the view that cryptocurrencies are commodities, arguing that major tokens like Bitcoin and Ethereum are commodities that the SEC has no authority to regulate. Since the SEC cannot regulate commodities, the CFTC can only regulate derivatives; without granting new powers to the CFTC, the digital asset spot market will remain unregulated, exposing investors to risks of fraud, manipulation, and conflicts of interest.
● Whale James Wynn suggests investing 99% of the portfolio in Bitcoin
According to BlockBeats, on May 29, whale James Wynn stated on platform X that the altcoin season may not arrive until Bitcoin breaks its all-time high. Even if Bitcoin breaks through, its dominance may delay the altcoin season. Wynn suggests that investors place 99% of their positions in Bitcoin and leave 1% for meme coins, as meme coins have outperformed other cryptocurrencies. This is what he believes to be a fact.
● IMF approves El Salvador to continue receiving $120 million loan
According to ChainCatcher, the International Monetary Fund (IMF) has approved El Salvador to continue receiving loans, confirming that the country has performed strongly in implementing its economic reform plan. Despite El Salvador's continued Bitcoin purchases, the IMF will still disburse the next $120 million loan.
Luis Cubeddu, Deputy Director of the IMF Western Hemisphere Department, and Ivan Torres, the IMF mission chief for El Salvador, stated: "Most of the project goals set for the first review were easily met, and the implementation of structural benchmarks is also progressing well."
According to Deep Tide TechFlow, the Russian central bank announced that financial institutions may provide cryptocurrency-related derivatives, securities, and digital financial asset trading services to qualified investors, using a non-deliverable approach.
The central bank requires financial institutions to adopt prudent risk management, fully cover related capital, and implement individual exposure limits. Formal regulations to manage cryptocurrency price volatility risks will be developed in the coming year. The Russian government is reviewing new proposals to establish a restricted testing mechanism, allowing only specific investors to trade cryptocurrencies under strict regulation.
● Nvidia surpasses Microsoft to become the world's most valuable company
According to Deep Tide TechFlow, on May 29, 8 Market data showed that as Nvidia's stock price rose, Nvidia successfully surpassed Microsoft on the evening of May 29, 2025, to become the world's most valuable company, with a total market capitalization ranking only behind gold.
