Weekly News

1. Circle rose to $214 after hours, a daily increase of nearly 40%; 2. Coinbase announced the launch of "Coinbase Payments" and reached a cooperation with Shopify; 3. Ohio's "Bitcoin Rights" bill passed the House of Representatives and will be submitted to the Senate for deliberation next; 4. Trump: The United States does not seek a ceasefire but requires "Iran to have no nuclear weapons"; 5. The Federal Reserve continues to maintain interest rates unchanged; 6. Powell listed the supporting factors for not cutting interest rates and said he was willing to continue to wait for more information; 7. The UK plans to introduce rules to limit bank crypto asset exposure before next year; 8. After the FOMC statement: The probability of the Federal Reserve cutting interest rates in July has slightly cooled to 10.3%; 9. DeFi infrastructure TAC raised a total of US$11.5 million in two rounds of financing, led by Hack VC; 10. Source: Crypto broker FalconX plans to conduct an IPO in 2025 and has started preliminary discussions on listing matters; 11. Trump said the US will become the undisputed leader of digital assets; 12. US Treasury Secretary: Cryptocurrency will not pose a threat to the US dollar, and stablecoins will help consolidate the US dollar's hegemony; 13. CITIC Securities: It is expected that the Federal Reserve will cut interest rates less than or equal to 2 times this year; 14. Viewpoint: The decline in Visa and Mastercard stock prices may reflect expectations for blockchain payments; 15. Pump.fun's parent company hired a well-known lawyer to deal with Burwick's class action lawsuit; 16. After the Israeli hacker group attacked the Iranian crypto exchange, it burned $90 million in crypto assets and will disclose the Nobitex source code; 17. Report: The United States is considering launching an attack on Iran this weekend.