The high-level China-U.S. economic and trade talks will be held from May 10 to 11 in Geneva, Switzerland. The Chinese head of delegation for the China-U.S. economic and trade talks stated at a press conference held by the Chinese delegation on the evening of the 11th local time that the talks were candid, in-depth, and constructive, achieving important consensus and making substantial progress. Both sides agreed to establish a China-U.S. economic and trade consultation mechanism. The Chinese and U.S. sides will finalize relevant details as soon as possible and will issue a joint statement summarizing the talks on May 12.
Important events and data forecasts for this week:
Monday: Federal Reserve Governor Cook speaks.
Tuesday: U.S. April CPI data.
Thursday: U.S. weekly initial jobless claims; U.S. April PPI data; 2027 FOMC voting member and San Francisco Fed President Daly participates in a fireside chat, Federal Reserve Chairman Powell delivers opening remarks at an event, Federal Reserve holds the second Thomas Laubach Research Conference.
Friday: U.S. May one-year inflation expectations preliminary value; Saturday: Federal Reserve's Barkin and Daly speak.
Texas Hold'em is a highly strategic and psychological poker game, here are its core gameplay and rules: 1. Game Objective Combine two hole cards and five community cards to make the best five-card hand and win chips in the pot. Players can maximize profits through betting, bluffing, or folding. 2. Basic Rules 1. Number of Participants Usually 2-10 players, commonly 6-9 player tables online. 2. Hand Strength - From highest to lowest: Royal Flush > Straight Flush > Four of a Kind > Full House > Flush > Straight > Three of a Kind > Two Pair > One Pair > High Card.
According to official news, the U.S. SEC will hold a roundtable discussion on the theme of "Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet" on the 12th of this month. SEC Chairman Paul Atkins will deliver a keynote speech on asset tokenization.
Attendees from the U.S. Securities and Exchange Commission include: Chairman Paul S. Atkins, Director of the Crypto Working Group Office Richard B. Gabbert, Commissioner Hester Peirce, and others. Other attendees include: Cynthia Lo Bessette (Fidelity), Eun Ah Choi (Nasdaq), Will Geyer (Invesco), among others.
Regarding the market dynamics, market sentiment, and policy background of TRUMP coin, the following is an analysis and forecast of trends after May 10, 2025: 1. Short-term Trends (Mid to Late May): Event-driven and Market Sentiment Game Dinner Event Effect: On May 22, Trump will dine with the top 220 holders of the coin, which may temporarily boost market sentiment. A similar message on April 24 previously drove TRUMP coin to surge 50% in a day (from $9 to $14). If new hype emerges before the event (such as unlocking delays or new benefits), prices may rise again to the $15-$20 range.
Binance founder CZ posted on platform X, noting that users' inability to hold Bitcoin for the long term often stems from a lack of understanding of technology, finance, and the mechanisms of the world. He stated that if one buys Bitcoin solely based on recommendations from others, they are more likely to panic sell during fluctuations. He suggested that investors read more relevant materials to enhance their understanding and conviction.
According to Decrypt, the American fast food chain Steak 'n Shake announced that it will support Bitcoin payments in all its stores across the United States starting May 16. This means that over 100 million customers of the chain will be able to use Bitcoin to purchase products such as burgers and milkshakes. Unlike other chains that only conduct small-scale pilot programs, this is a rare case of widespread cryptocurrency payment application in the fast food industry. The company had previously teased this initiative on social media in March of this year and garnered attention from several prominent figures, including former Twitter CEO Jack Dorsey.
Binance founder CZ posted on platform X, noting that users' inability to hold Bitcoin for the long term often stems from a lack of understanding of technology, finance, and the mechanisms of the world. He stated that if one buys Bitcoin solely based on recommendations from others, they are more likely to panic sell during fluctuations. He suggested that investors read more relevant materials to enhance their understanding and conviction.