Data: The number of USD1 holding addresses has exceeded 290,000, with a current circulation of approximately 2.156 billion tokens
On July 3rd, based on a retweeted tweet by Binance founder CZ which disclosed data, the number of addresses holding USD1 has exceeded 290,000. Nearly 80% of the holders are located on the BNB Chain. The current circulating supply of USD1 is approximately 2.156 billion tokens, and the total number of transactions has exceeded 31.88 million.
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U.S. Treasury Secretary Reiterates Rate Cut by September and Says Fed Misjudged Inflation Uptick
July 3rd: Nick Timiraos, a reporter from The Wall Street Journal who is renowned as the "Fed Whisperer," composed an article indicating that US Treasury Secretary Janet Yellen once more mentioned during an interview that the Federal Reserve ought to be capable of reducing interest rates prior to September based on its own rate-cutting criteria. Yellen remarked, "I believe that if the tariff cut fails to give rise to inflation, and if the Fed desires to adhere to this criterion, I think they can carry it out early but definitely before September. Nevertheless, I do not concur with the Fed's criteria, but if they follow this criterion, why not implement it in the fall?"
Yellen declared that the Fed's prediction of escalating inflation is incorrect, but he does not cast doubt on the Fed's view that economic growth will wane, and he considers that the forecast of the deceleration of economic growth should prompt the Fed to resume interest rate cuts.
Yellen had previously stated th
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8 years ago, a long-term holder who had accumulated 21,662 ETH transferred 4,123 ETH to Gemini
On July 3rd, as per EmberCN's monitoring, a whale that had accumulated 21,662 ETH eight years ago transferred 4,123 ETH (valued at approximately $10.51 million) to Gemini nine hours ago when the price of ETH rose to nearly $2,600.
The whale accumulated 21,662 ETH in 2017 through Gemini and Kraken, with an average purchase price of around $569.
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Listed Hong Kong Company Multipoint Intelligent Opening Price Surges Over 89%, Plans to Apply for Hong Kong Stablecoin License
On July 3rd, based on market data, the Hong Kong-listed company Meituang Weilong (02586.HK) opened with a surge of more than 89%. Currently, it has increased by more than 47%, with a stock price of 13.26 Hong Kong dollars and a market value of 11.2 billion Hong Kong dollars.
Meituang Weilong (02586.HK) announced that it is preparing to apply for a Hong Kong stablecoin license.
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1RT Acquisition's Nasdaq debut daily trading volume reported $63.34 million, closing up 0.37%.
On July 3rd, based on market data, 1RT Acquisition (ONCHU) reported a trading volume of $63.34 million on the first day of its listing on Nasdaq. It closed up by 0.37% with a stock price of $10.24.
1RT Acquisition announced yesterday that it intends to raise $150 million through an IPO to expand its digital asset and financial technology business. It was listed on Nasdaq at the local time in the United States on July 2nd with the stock code "ONCHU." 1RT Acquisition Corp is expected to merge with one or more companies through a merger, acquisition, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination to expand into the fields of cryptocurrency, blockchain, and financial technology, including the acquisition of digital assets.
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HK Stock: King Fund Financial International Soars at Market Open, Up Over 14%
On July 3rd, based on market data, the Hong Kong-listed company Kingsoft Financial International (HK1468) opened at a high and surged by more than 14%, with a market value of 478 million Hong Kong dollars.
Kingsoft Financial International announced yesterday that it has invested 12 million US dollars to subscribe to shares of Amber International, entering the institutional crypto services field.
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