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Trump: Hopes to See Interest Rate Cut but Will Delegate Decision to Powell

2 hours ago

June 6: President Trump delivered remarks today aboard Air Force One. He told reporters he’s hoping for an interest rate cut but will leave all rate-related decisions up to Federal Reserve Chair Powell. Trump noted the U.S. economy is performing well and that markets should rally. He also underscored he has no objection to Powell lowering rates, adding he will defer entirely to the Fed Chair on the October meeting’s rate cut decision. When asked about Iran and oil prices, Trump claimed the U.S. has achieved great success in its approach to the Iran issue, and that Iran currently lacks the capability to develop nuclear weapons. On oil prices, he said the administration has multiple options to navigate the situation. Separately, Trump revealed a meeting with artificial intelligence (AI) companies has been scheduled, and these firms may visit the White House as early as next week.
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A whale swapped 775.56 WBTC for 29,920.09 WETH 7 hours ago.

On June 6, according to on-chain analyst Ai Whale (@ai_9684xtpa), a crypto whale transferred 775.56 WBTC (worth $47.13 million) to 29,920.09 WETH roughly 7 hours ago, at an average price of $1,575 per WETH.

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An OTC Whale has once again purchased 29,000 ETH from FalconX, equivalent to $46.69 million.

On June 6, monitoring from Onchain Lens showed that a certain over-the-counter (OTC) whale—wallet address 0xFB7—made another purchase of 29,000 ETH from FalconX, worth approximately $46.69 million. At present, the whale holds 151,588 wsETH, equivalent to around 187,460 ETH, totaling about $2.9619 billion.

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Hong Kong Monetary Authority: Banking Sector Has Implemented Latest Regulatory Requirements to Ensure Compliance and Orderly Account Opening Process

HONG KONG, June 6 — A spokesperson for the Hong Kong Monetary Authority (HKMA) told Radio Television Hong Kong (RTHK)’s website that the Hong Kong regulator consistently maintains close, regular communication with mainland Chinese financial authorities. The remarks respond to a recent circular from Hong Kong’s Securities and Futures Commission (SFC) requiring brokers to take enhanced measures for opening and managing accounts belonging to mainland Chinese investors. The HKMA has also ordered Hong Kong banks to uphold the same high business standards outlined in that SFC circular, the spokesperson added. Banks across Hong Kong have already implemented the HKMA’s latest regulatory requirements to ensure compliant, orderly account-opening processes, per the spokesperson. The HKMA further emphasized that Hong Kong banks have long followed rigorous onboarding procedures as standard regulatory practice. Mainland residents may use various legitimate cross-border investment channels to allo

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The Iran Revolutionary Guard Corps Claims Responsibility for Hitting a US Military Base

June 6 – According to Iran’s Tasnim News Agency, the Public Relations Department of the Islamic Revolutionary Guard Corps (IRGC) announced that air-to-surface missiles were used to strike enemy bases in the region in response to U.S. military aggression against Sirik and Qeshm Island. The report is cited via Caijing.

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Bitcoin Falls Below $61,000

According to HTX market data, Bitcoin fell below $61,000 on June 6, marking a 3.6% decrease over the 24-hour trading period.

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Trump: Will Soon 'Exit' Iran War, But No Deal Yet

WISCONSIN, June 6 (Xinhua News Agency) — U.S. President Donald Trump told supporters at a campaign rally in a rural Wisconsin agricultural region on June 5 that he will quickly end the standoff with Iran to curb the high costs driven by the conflict. “We will soon be getting out of the Iran situation,” Trump said at the event, adding that fertilizer prices would drop significantly back to levels seen four months ago. As the midterm elections approach, American media widely view the U.S.-Iran conflict as a key factor driving up oil prices and raising living costs—creating pressure on the Republican Party’s electoral prospects. Within the GOP, there are growing hopes that Trump will resolve the Iran issue quickly to eliminate its electoral drag and refocus on economic and livelihood issues. Per NBC News, Trump noted on June 5 that Iranian leaders have not yet reached an agreement with the U.S. to end the conflict, but insisted they “have no choice” but to strike a deal. He claimed the U

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