21:27 2025-07-10
White House officials have pressured Federal Reserve Chairperson Jerome Powell, accusing him of gross mismanagementA key Trump administration official said Federal Reserve Chairperson Jerome Powell had grossly mismanaged the institution and demanded more information about the renovation of the Fed's Washington headquarters. "The president is deeply troubled by your management of the Federal Reserve System," Vought, director of the Office of Management and Budget, wrote in a letter to Powell. "Instead of attempting to correct the Fed's fiscal position, you have refurbished Washington headquarters with great f...
21:27 2025-07-10
Trump may use presidential powers to ship weapons to UkraineUS President Donald Trump will use his presidential powers to deliver weapons to Kiev for the first time since taking office, two sources said on Thursday, in a move that signals his renewed interest in defending Ukraine. Trump's team will pick weapons from US stockpiles to ship to Ukraine under presidential authorisation, the sources said, which could be worth around $300 million. The aid package could include defensive Patriot missiles and offensive medium-range rockets, the sources said, but ...
21:24 2025-07-10
BTC breaks through $116,500, setting another record highThe market shows that BTC has broken through $116,500 and is now reported at $116,742.1, setting a new record high, with a 24-hour increase of 5.05%. The market is volatile, so please do a good job in risk control.
21:24 2025-07-10
ETH breaks through $2,900The market shows that ETH broke through $2900, and is now reported at $2901.67, with a 24-hour increase of 5.44%. The market fluctuates greatly. Please do a good job in risk control.
21:03 2025-07-10
The US Senate has confirmed former blockchain industry executive Jonathan Gould as OCC directorThe US Senate voted 50-45 to confirm Jonathan Gould, the former chief legal officer of Bitfury, as head of the Office of the Comptroller of the Currency (OCC), and his nomination will be sent to President Trump for final approval. Gould served as the OCC's chief advisor and deputy administrator. This year, the OCC has taken more crypto-friendly measures, including allowing US banks to own crypto assets. At the same time, the House of Representatives is accelerating the progress of stablecoin leg...
20:24 2025-07-10
Nasdaq and S & P 500 continue to set new closing highsThe Nasdaq closed up 0.09%, the S & P 500 rose 0.27%, and both indices hit new closing highs, with the Dow up 0.43%. Big tech stocks were mixed, with Tesla closing up 4.7% and Netflix falling more than 2%. Delta Air Lines' 12% jump led travel stocks higher, and the company's outlook showed a rebound in demand. Bitcoin concept stocks rose, and Coinbase rose more than 4%.
19:59 2025-07-10
Federal Reserve Governor Waller supports balance sheet reduction and asset structure adjustmentFed governor Paul Waller said the reduction in the size of the balance sheet should continue, including by adjusting the asset structure to increase the proportion of short-term assets, but may not need to be excessive. "I think we are likely to continue to allow maturing and prepayment securities to naturally exit the balance sheet for some time to come, thereby reducing reserve balances," Waller said on Thursday in preparation for the Dallas Fed event...
19:53 2025-07-10
Fed Daly: Two interest rate cuts expected in 2025, tariff impact may be weaker than expectedSan Francisco Fed President Daly said she still thinks there could be two rate cuts this year, noting the likelihood that tariffs will have a more modest impact on prices than expected is rising. Daly revealed that some businesses are negotiating to share the cost of tariffs, thereby reducing the proportion passed on to end point consumers. She said the U.S. economy is in good shape, with growth and consumer spending slowing but not yet abating. Inflation is moving towards the Fed's 2% target. "...