Greg Cipolaro, head of global research at NYDIG, said that stablecoins such as USDC, USDT, and USDe are not really pegged to the US dollar, but fluctuate according to market supply and demand. In essence, they can only be regarded as a market trading tool. The so-called "stability" of stablecoins is actually determined by arbitrage and market dynamics, such as traders buying when they fall below $1 and selling when they rise below $1. Users often misunderstand the real risks associated with thes...
U.S. Treasury Secretary Bescent: Capital spending has increased and GDP has been revised upwards, driven by President Trump's "Big Beautiful Act". Data show that tariffs have not affected prices or consumer spending.
Gold fluctuates at a high level, will silver become the next dark horse? If the beautiful bill is passed, how may it affect the market? There is obvious "seasonal noise" in non-farm farms, and the key point is to look at this data...
According to Chad Pergram, a Fox News reporter, unannounced members of the House Liberal Caucus are edging closer to a deal that would prompt those who have not yet voted to vote in favor and could "switch support" to dissenting members. "I think we're getting very close to some sort of resolution," said Tim Burchett, a Republican congressman from Tennessee who himself had not voted at the time. He said they didn't even have time to take a nap in the process. One Republican source said...
President Trump: The Big Beautiful Act is about economic growth. If passed, America would see an economic renaissance like never before. Deficits would be cut in half, and record investments - cash, factories, jobs - would pour into America.
On Tuesday local time, the US Senate narrowly passed President Donald Trump's Big Beautiful Act, but to the disappointment of crypto industry leaders, the bill failed to include key tax amendments they had previously pushed for crypto users. In the final hours of intense negotiations before the bill was passed, Sen. Cynthia Lummis (R-Wyoming)...
According to crypto journalist Eleanor Terrett, despite a temporary disagreement on Sunday, amendments to the Big Beautiful Act on cryptocurrency taxation continue to be considered today. It is reported that the White House has intervened in the matter and is pushing to include key provisions proposed by Senator Cynthia Lummis (the sponsor of the Bitcoin Reserve Act) in the final bill version.
The reduction of foreign holdings of US debt has become a structural trend, and the "Beautiful Big Act" may exacerbate this process. Relatively safe bond markets such as Europe may attract capital back. Click to view...
Powell said it would take more time to cut interest rates, and gold once fell below the 3310 mark! The "Beautiful Big Act" faces a Republican vote in the US Senate on Friday, and the European Union plans to take more tariff countermeasures against the US... What major events happened around the world last night and this morning?
The current market is at the "most overbought" level in two years, and the "Beautiful Big Act" has been seriously misunderstood by the market. Where did the money of senior investors go? Click to view...