1. Trump states that the Federal Reserve should cut interest rates by 1%
Odaily Planet Daily reports that US President Trump stated that the Federal Reserve should cut interest rates by 1%. -Original
2. The US May CPI increase was lower than expected, boosting sentiment in the crypto market
The US announced the seasonally unadjusted CPI year-on-year for May, recorded at 2.4%, lower than the expected 2.5%, previous value 2.3%. -Original
3. The market expects the Federal Reserve to cut interest rates by a total of 77 basis points over the next year
Odaily Planet Daily reports that after the release of US CPI data, the market expects the Federal Reserve to cut interest rates by a total of 77 basis points over the next year, with a total cut of 48 basis points by December, previously expecting a total cut of 67 basis points over the next year and a cut of 42 basis points by December. -Original
4. Bitcoin miner IREN plans to issue convertible bonds to raise $450 million
The company plans to use the proceeds to offset potential equity dilution and market risks. -Original
5. Billionaire Paul Tudor Jones claims that buying Bitcoin is the best way to combat inflation
6. The CEO of Bank of America reveals willingness to launch a stablecoin project with partners
Odaily Planet Daily reports that the CEO of Bank of America is willing to jointly launch our own stablecoin with partners. -Original
7. Polygon co-founder Sandeep Nailwal appointed as CEO of the foundation
Polygon co-founder Sandeep Nailwal has been appointed as CEO of the foundation, overseeing the development and growth of Polygon. In the short term, Polygon will focus on expanding AggLayer applications. -Original
8. Stripe announces acquisition of cryptocurrency wallet provider Privy
Payment company Stripe will acquire cryptocurrency wallet provider Privy. -Original
The above are the highlights from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
