The CIO of Europe's largest asset manager believes Mr. Trump could undermine trust in the dollar and the proper functioning of US markets. He also believes the Fed will ultimately be doomed. Click to view...

According to Cointelegraph, Chainlink, JPMorgan's Kinexys, and Ondo Finance have completed a "first-of-its-kind" cross-chain payment delivery (DvP) settlement test, enabling the exchange of assets between a licensed payment network and a public test network. According to Chainlink, the test involved Kinexys Digital Payments, a permissioned network operated by JPMorgan, and the Ondo Chain testnet focused on real-world asset (RWA) tokenization. The settlement was conducted by Chainlink's Runtime E...

At the Asian Traders Forum Annual Conference and Stock Trading Summit 2025, Huang Tianyou, chairperson of the Hong Kong Securities Supervision Commission, said that the Hong Kong Securities Supervision Commission, in cooperation with the Hong Kong Stock Exchange, will reduce the minimum up and down price of applicable securities by 50% to 60% in two phases starting from mid-2025, thereby reducing overall trading costs and improving liquidity. In the medium and long term, the Hong Kong Securities...

12:00-21:00 Keywords: Antnoidae, DXY, Meta, BlackRock 1. Ant Digital starts applying for a Hong Kong stablecoin license Traders once again fully priced in the Federal Reserve's two interest rate cuts this year 3. The dollar index DXY fell 1.00% in the day and is now at 97.65. 4. Binance HODLer Airdrop Launches Defi App (HOME) 5. US senators investigate Facebook parent company Meta's stablecoin plan 6. BlackRock: Aims to become the world's largest crypto asset manager by 2030

Cross-border e-commerce company DDC Enterprise announced the addition of 38 bitcoins to the company's vault, bringing its total holdings to 138 BTC. Since May this year, its bitcoin investment has achieved a 22% return. The company said it will continue to implement a strict bitcoin accumulation strategy, further strengthening its strategic goal of becoming the world's top corporate treasury.

Core US PPI data for May fell short of expectations on the modest impact of the cost of goods and services, the Bureau of Labor Statistics reported on Thursday. Although the impact of higher tariffs on Americans is not yet significant, economists pointed out that price pressures could intensify in the second half of the year as companies try to avoid further weakening margins. PPI data showed that wholesalers and retailers' profit margins rose in May after falling in April.

Spot gold rallied upward, hitting $3,390/ounce, up more than 1% during the day.

After the PPI data was released, traders again fully priced in the Federal Reserve's two interest rate cuts this year.

The number of initial jobless claims in the United States 248,000 in the week to June 7, and it is expected to 240,000.

According to on-chain analyst Onchain Lens, Bitrue hackers bought 5,917.82 ETH worth about $16.34 million in the past two hours, with an average price of $2,762. Subsequently, the hackers transferred a total of 11,029 ETH worth $30.29 million through TornadoCash.

US President Donald Trump posted on social media: "This great, grand, wonderful bill will grow the economy faster than ever before. At the same time, it will cut spending by $1.60 trillion. This puts our country on the right track, plus! Make America Great Again!"

The market shows that BTC has fallen below $107,000 and is now quoted at $106,973.41, a 24-hour decline of 2.1%. The market is volatile, so please do a good job in risk control.

LMAX Group strategist Joel Kruger said in a note that a weaker U.S. dollar, combined with investors' increased willingness to take risks, could help give bitcoin another boost. Bitcoin fell 1.7 percent due to trade uncertainty and concerns over tensions in the Middle East. The U.S. dollar index fell to a three-year low of 97.789. "Weakness in the U.S. dollar typically favors cryptocurrencies, and a potential rally in bitcoin and Ethereum will be supported as investors move back into riskier asse...