1. Trump says the Federal Reserve should cut interest rates by 1%

Odaily Planet Daily reports that U.S. President Trump stated that the Federal Reserve should cut interest rates by 1%. -Original

2. U.S. May CPI growth rate lower than expected, boosting crypto market sentiment

The U.S. released the May unadjusted CPI year-on-year rate, recording 2.4%, lower than the expected 2.5%, with a previous value of 2.3%. -Original

3. Market expects the Federal Reserve to cut interest rates by a total of 77 basis points over the next year

Odaily Planet Daily reports that after the release of U.S. CPI data, the market expects the Federal Reserve to cut interest rates by a total of 77 basis points over the next year, with a cumulative cut of 48 basis points by December. Previously, the expectation was a total cut of 67 basis points over the next year, with a 42 basis point cut by December. -Original

4. Bitcoin miner IREN plans to issue convertible bonds to raise $450 million

The company plans to use the proceeds to offset potential equity dilution and market risks. -Original

5. Billionaire Paul Tudor Jones says buying Bitcoin is the best way to combat inflation

6. Bank of America CEO reveals willingness to launch stablecoin project with partners

Odaily Planet Daily reports that the CEO of Bank of America is willing to jointly launch our own stablecoin with partners. -Original

7. Polygon co-founder Sandeep Nailwal appointed as foundation CEO

Polygon co-founder Sandeep Nailwal has been appointed as the foundation CEO, responsible for overseeing the development and growth of Polygon. In the short term, Polygon will focus on expanding AggLayer applications. -Original

8. Stripe announces acquisition of crypto wallet provider Privy

Payment company Stripe will acquire cryptocurrency wallet provider Privy. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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