AiCoin Daily Report (July 1st)

1. Goldman Sachs has brought forward the Federal Reserve (FED) interest rate cut timing from December to September.

Odaily Planet Daily News According to market news: Goldman Sachs has advanced the Federal Reserve's interest rate cut time from December to September. - Original text

2. The Finance Minister revealed that the legislation for crypto stablecoins may be completed by mid-July.

3. Trump calls for lowering interest rates to 1%, criticizing The Federal Reserve (FED) policies.

Odaily Planet Daily News: U.S. President Trump stated on social media: Powell and his entire committee should feel ashamed for allowing such things to happen in America. Their job is one of the easiest yet most prestigious in the U.S., but they have failed and continue to fail. If they had done their job properly, our country could have saved trillions of dollars in interest costs. The committee just sits there with their arms crossed, so they bear the blame as well. Our interest rates should only be 1%, or even better!

4, The Federal Reserve (FED) official Bostic stated that there is no need to raise interest rates to address inflation.

Odaily Planet Daily news The Federal Reserve (FED) Bostic stated that he believes there is no need to raise interest rates to address inflation. -Original text

5. Robinhood announces the launch of ETH and SOL staking services.

Odaily Planet Daily reported that Robinhood announced on the X platform that ETH and SOL staking services are now available to U.S. customers, but eligibility and restrictions vary by region. -Original text

6. Bloomberg raises the approval probability of spot XRP, SOL, and LTC ETFs to 95%.

7, The Bhutanese government marked the address to transfer 137 BTC to Binance.

About 20 minutes ago, the Bhutanese government marked the address to transfer 137 BTC to Binance, worth 14.77 million USD. -Original text

8. U.S. Senators Call for an End to Double Taxation on Bitcoin and Cryptocurrencies

Senator Cynthia Lummis calls on Congress to end the unfair taxation of Bitcoin and cryptocurrencies. "For years, miners and stakers have been taxed twice. Once when they receive block rewards, and again when they sell block rewards. It is time to stop this unfair tax treatment and ensure that the United States becomes the world superpower in Bitcoin and cryptocurrencies." -Original text

The above is a selection of hot topics in the last 24 hours. For faster news, please download AiCoin ()