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Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

2025.02.05 08:40:15

On February 5th, Federal Reserve Governor Jefferson indicated that there is no urgency to expedite further interest rate cuts. Given the robust economy, a cautious response is deemed appropriate. (Xinhua News Agency)
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Binance US Stock Trading Reveals Its "True Colors": 24/5 Trading, Zero Commission, Automatic Dividend Payouts, Support for Securities Lending

June 1 update: According to Binance’s official U.S. stock trading portal, the new trading segment lets users purchase U.S. stock assets using supported crypto assets including FDUSD, DSDT, USDC, BNB, and U. The platform offers 24-hour U.S. stock trading Monday through Friday. Currently, Binance supports trading for over 8,000 U.S. stocks, covering blue-chip stocks, ETFs, small-cap stocks, and more. Trades come with $0 commission, though standard platform fees do apply. The platform also provides 100% automatic dividend distribution: all dividends earned from holdings are deposited directly into users’ accounts. Additionally, this new segment supports stock borrowing, allowing users to earn passive income by lending out their stock assets.

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Binance Announces U.S. Stock Trading Portal

On June 1st, Binance officially launched its in-house U.S. stock trading portal, announcing the launch via social media.

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Bitget has launched the U-based SLX perpetual contract, supporting up to 20x leverage.

On June 1, Bitget made an official announcement that it has launched its U-based SLX perpetual contract, which supports up to 20x leverage. A matching contract trading bot is also available simultaneously. For more details, visit Bitget’s official platform.

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Binance Adds US Stock Trading News, BNB Surges Over 5% Briefly

June 1 — Market data shows that following a report by *Fortune* on Binance’s upcoming addition of U.S. stock trading, BNB (Binance’s native cryptocurrency) posted a brief surge of over 5%, and is now trading at $722. For full details, refer to the article: "Binance Confirms Addition of U.S. Stock Trading, Minimum Investment Threshold of Only $5; Supports Purchases via Stablecoins and BNB" [Link: https://www.theblockbeats.info/flash/348800]

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BiyaPay has launched the OPENAIUSDT Pre-IPO Perpetual Contract trading pair

June 1 Per an official announcement, BiyaPay has launched the OPENAIUSDT Pre-IPO perpetual contract trading pair, which uses OpenAI Group PBC (ticker: OPENAI) as its underlying asset. The estimated share count for this contract is roughly 1 billion. This Pre-IPO perpetual contract will convert to a standard TradFi perpetual contract immediately on the day of OpenAI’s official IPO. For full details, visit BiyaPay’s official platform.

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Binance Adds Stock Trading, Plans to Launch Tokenized Stocks

On June 1, according to Fortune, Binance is advancing its "Super App" strategy by adding U.S. stock trading and planning to launch tokenized stocks.

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A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

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