Data shows that expectations for two interest rate cuts by The Federal Reserve (FED) this year are increasing.
Odaily Planet Daily News After the release of the PPI data, traders have once again fully digested the scenario of two interest rate cuts by The Federal Reserve (FED) this year. -Original text
Coinbase partners with American Express to launch Bitcoin cashback credit card.
Trump claims to be creating a clear market framework for cryptocurrencies.
The SEC delayed approval of Grayscale's Hedera ETF application.
The SEC delays approval of Grayscale Hedera ETF. -Original
Polygon releases scalability roadmap, aiming for 100,000 TPS.
According to the official announcement, Polygon, the Ethereum scaling plan, released the "Gigagas" scaling roadmap, which plans to increase the network throughput to 100,000 TPS in three phases, becoming the core blockchain infrastructure for global payments and real-world asset (RWA) settlement. Short-term goal (July 2025): Increase TPS from the current level to 1000+ through the Bhilai upgrade, and shorten the final transaction confirmation time to about 5 seconds; Optimize the gas fee mechanism to keep the cost of a single transaction below $0.001 (paid in POL), upgrade the core components of the execution layer (Bor) and consensus layer (Heimdall) to support the latest Ethereum standards. Medium-term goal (end of 2025): 5000+ TPS through the Validator-Elected Block Producer model (the development network has been tested); Integrate the AggLayer cross-chain protocol to eliminate the risk of chain reorganization and achieve block finality. Long-term plan (after 2026): Promote the upgrade of Gigagas to 100,000 TPS to support institutional-grade RWA and global payment scenarios; Expand the scale of validators, enhance decentralization, and maintain 99.9% network stability; Deepen cooperation with traditional financial institutions such as Stripe, BlackRock, and Apollo. -original
The Hong Kong Securities and Futures Commission plans to restrict misleading financial names, covering "virtual assets".
The Hong Kong Securities and Futures Commission recommends expanding the restricted titles list under the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance to include terms such as "trading platform" and "virtual assets" to prevent unregulated entities from misleading the public, with a consultation period ending on August 11.
GameStop plans to issue $2.25 billion in convertible senior notes.
Video game retailer GameStop (NYSE: GME) announced that it has priced its private placement of $2.25 billion in principal amount of 0.00% convertible senior notes due 2032. The company also granted the initial purchasers an option to purchase up to an additional $450 million in principal notes within 13 days of the notes' initial issuance. After deducting related expenses, GameStop expects net proceeds from this offering to be approximately $2.23 billion, and if the initial purchasers exercise their option, net proceeds will be approximately $2.68 billion. The funds will be used for general corporate purposes, including investments and potential acquisitions.
Tether acquires equity in a gold investment company to advance its dual-pillar strategy.
Tether stated that in addition to holding over 100,000 BTC, it has also increased its investment in gold, viewing it as a "dual pillar strategy." -Original
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AiCoin Daily Report (June 13)
Odaily Planet Daily News After the release of the PPI data, traders have once again fully digested the scenario of two interest rate cuts by The Federal Reserve (FED) this year. -Original text
Coinbase partners with American Express to launch Bitcoin cashback credit card.
Trump claims to be creating a clear market framework for cryptocurrencies.
The SEC delayed approval of Grayscale's Hedera ETF application.
The SEC delays approval of Grayscale Hedera ETF. -Original
According to the official announcement, Polygon, the Ethereum scaling plan, released the "Gigagas" scaling roadmap, which plans to increase the network throughput to 100,000 TPS in three phases, becoming the core blockchain infrastructure for global payments and real-world asset (RWA) settlement. Short-term goal (July 2025): Increase TPS from the current level to 1000+ through the Bhilai upgrade, and shorten the final transaction confirmation time to about 5 seconds; Optimize the gas fee mechanism to keep the cost of a single transaction below $0.001 (paid in POL), upgrade the core components of the execution layer (Bor) and consensus layer (Heimdall) to support the latest Ethereum standards. Medium-term goal (end of 2025): 5000+ TPS through the Validator-Elected Block Producer model (the development network has been tested); Integrate the AggLayer cross-chain protocol to eliminate the risk of chain reorganization and achieve block finality. Long-term plan (after 2026): Promote the upgrade of Gigagas to 100,000 TPS to support institutional-grade RWA and global payment scenarios; Expand the scale of validators, enhance decentralization, and maintain 99.9% network stability; Deepen cooperation with traditional financial institutions such as Stripe, BlackRock, and Apollo. -original
The Hong Kong Securities and Futures Commission recommends expanding the restricted titles list under the Securities and Futures Ordinance and the Anti-Money Laundering Ordinance to include terms such as "trading platform" and "virtual assets" to prevent unregulated entities from misleading the public, with a consultation period ending on August 11.
Video game retailer GameStop (NYSE: GME) announced that it has priced its private placement of $2.25 billion in principal amount of 0.00% convertible senior notes due 2032. The company also granted the initial purchasers an option to purchase up to an additional $450 million in principal notes within 13 days of the notes' initial issuance. After deducting related expenses, GameStop expects net proceeds from this offering to be approximately $2.23 billion, and if the initial purchasers exercise their option, net proceeds will be approximately $2.68 billion. The funds will be used for general corporate purposes, including investments and potential acquisitions.
Tether stated that in addition to holding over 100,000 BTC, it has also increased its investment in gold, viewing it as a "dual pillar strategy." -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin ().