Odaily News The Decentralized Finance lobbying organization DeFi Education Fund (DEF) announced the establishment of the "DeFi Education Foundation," aimed at providing U.S. lawmakers with education on encryption policies and laws, and offering donors a tax-deductible charitable donation channel. The organization is advocating for the Senate to approach DeFi cautiously in encryption regulatory legislation and is calling on the U.S. Securities and Exchange Commission (SEC) to establish a "safe harbor" mechanism for specific blockchain applications. (The Block)

Jin10 data August 14th, U.S. President Trump stated on Wednesday that he is willing to meet with Senate Democratic leader Schumer and House Democratic leader Jeffries before the funding deadline at the end of September. Trump said, "I think I will, but it's almost a waste of time because they never approve anything."

Golden Finance reported that the Wisconsin State Senate in the United States has proposed a new bill SB386, which intends to require all Bitcoin ATMs to fully implement identification verification (KYC), transactions must present identification information, with a single transaction limit set at 1000 dollars, and other personal information must be collected to strengthen regulation.

Jin10 data reported on August 8, the chief economist of Oxford Economics in the U.S., Ryan Sweet, stated that the nomination of Milan as a temporary Fed governor is not significant in terms of changing the monetary policy path. The biggest uncertainty lies in whether he can obtain Senate confirmation in time to have a vote in the September meeting. If he can make it, the possibility of three votes against the Fed not cutting rates in September will rise. However, I do believe that the possibility of a rate cut in September is increasing, not because of this nomination, but due to recent changes in the labor market data.

BlockBeats news, on August 6, market news: Trump's advisors are pushing for the appointment of an interim member of the Federal Reserve Board of Governors to fill the vacancy. The candidates for the Federal Reserve Board of Governors may have government work experience and must go through prior Senate review. A short-term appointment of a Federal Reserve Board member will give Trump more time in selecting the Federal Reserve Chairman. (Jin10)

Jin10 reported on August 6 that Pictet Asset Management strategists stated in a report that there is a risk of depreciation for the yen against the dollar. They mentioned that political and economic uncertainties could put pressure on the yen. Last month's Senate elections in Japan increased the risk of a hung parliament. Concerns over potential increases in public borrowing are also putting pressure on government bonds. This could prompt the Central Bank of Japan to withdraw its quantitative easing policy, which would be unfavorable for the yen. They indicated that the dollar's weakness so far this year has also been somewhat excessive, and therefore it should experience a period of consolidation.

On August 2, Democratic leader Chuck Schumer called on Republicans to work with Democrats to oppose a unilateral change to Senate rules to expedite the approval process for Trump’s nominations. Trump expressed dissatisfaction with this, stating that Schumer was obstructing the nominations. The Senate is set to reconvene in September and plans to hold hearings on several nominations.

Jin10 reported on July 31 that UBS Global Wealth Management analysts stated that the British Pound against the Japanese Yen seems to be weakening. "With the passage of the Japanese Senate elections and the conclusion of the US-Japan trade agreement, the selling pressure on the Yen should further diminish." For the British Pound, the market's expectations for a rate cut in the UK are relatively conservative. They indicated that the market may further price in a rate cut, especially after data that is weaker than expected, as the Central Bank of the UK may adopt more aggressive policy easing tendencies to boost economic growth. UBS recommends shorting the British Pound against the Japanese Yen, targeting 192.5, with a stop loss at 200.5.

Jin10 Data reported on July 30, local time on July 29, the U.S. Senate voted to confirm Susan Monarez as the Director of the Centers for Disease Control and Prevention (CDC). The Senate approved the nomination with a vote of 51 to 47.

Jin10 reported on July 23 that Japanese Prime Minister Shigeru Ishiba has decided to resign on Wednesday. To take responsibility for the ruling coalition's defeat in the July 20 Senate elections, Ishiba plans to officially announce his resignation by the end of July. It is reported that Ishiba made the final decision after the US-Japan tariff negotiations reached an agreement.

Jin10 data reported on July 22 that Barclays strategists pointed out in a report that after Japan's Senate elections last Sunday, the ultra-long-term Japanese government bond yields may face mild upward pressure. "Considering the balance of power between the ruling and opposition parties in Japan after the elections, the reasonable valuation for the 30-year Japanese bond term premium should be around 150 basis points," the bank stated. This implies an upward pressure of about 5 basis points compared to the level of 145 basis points on Thursday. The report also added that some temporary factors may contribute an additional 5 basis points of upward pressure.

Jin10 data reported on July 21, the strategist from ING stated that the results of the Japanese Senate election have made the outlook for the yen more uncertain. Although Japanese Prime Minister Shinzo Abe has promised to remain in office and continue to promote negotiations on the US-Japan trade agreement, the opposition party may seek to gain political benefits by advocating for loose fiscal policies to address livelihood pressures. The strategist pointed out that these expectations have already put pressure on Japanese government bonds before the election, creating unfavourable information for the yen. Additionally, there is a risk that Shinzo Abe could be replaced by a more conservative faction, which may call for the Bank of Japan to slow down the pace of interest rate hikes. "In other words, today's rise of the yen lacks clear support," the strategist added.

Jin10 data reported on July 21, Vantage Markets analyst Hebe Chen stated that the Japanese Senate election has reignited political uncertainty, adding vulnerability after the turmoil last October. This round of fluctuation coincides with the August 1 deadline for US-Japan trade negotiations, which will amplify pressure on the yen. The situation is even more complex for Japanese stocks. Although the depreciation of the yen is favourable for export companies, political noise may undermine overall investment confidence. However, any reliable path to resolving issues — although unlikely in the short term — could break the year-long deadlock and refocus attention on Japan's long-term economic prospects.

Barclays economists pointed out that the ruling coalition in Japan's Senate election loss will shift market attention to the development of fiscal policy and the political situation. The key issue is whether new national debt needs to be issued to support expansion plans, as long-term government bond yields will affect budget preparation and spending plans.

Jin10 data July 20, according to a report by Japan's Kyodo News, as shown in the figure, as of 22:30 local time on the 20th, the real-time data of the Japanese House of Councillors election is displayed. The red part on the left represents the ruling party, while the blue part on the right represents the opposition party. The data shows that the ruling coalition currently has 22 seats (the goal to maintain a majority is to obtain 50 seats); the opposition party has obtained 52 seats. Including the unrenewed seats, the ruling coalition occupies a total of 97 seats; the opposition party occupies 100 seats.

Jin10 reported on July 20, local time on July 19, that U.S. President Trump stated on his social media that he hopes Senate Majority Leader John Thune can cancel the August recess and the long weekend.

Jin10 reported on July 19 that on July 20 local time, Japan will hold voting for the House of Councillors election. Except for some regions, the voting time is from 7 AM to 8 PM local time.

On July 18, Jin10 reported that a strategist from TD Securities stated in a research report that the yen is likely to remain under pressure in the short term. The strategist noted that multiple surveys indicate that the ruling coalition in Japan may not win more than 50 seats in the Senate election on Sunday to maintain its majority advantage. The forex Options market shows that as the market takes into account the risks of the election and fiscal deterioration, the tendency to short the yen is increasing. "If Prime Minister Shigeru Ishiba decides to resign due to an election defeat, USD/JPY could easily break above 149.70, as this will usher in a period of initial political turmoil."

Japan's core inflation rate fell to 3.3% in June, indicating signs of easing rice inflation, although rice prices still rose by 100.2% year-on-year. The cost of living issue will be a focus in the upcoming Senate elections.

Gate News bot message, Bloomberg reports that the U.S. House of Representatives has passed a significant cryptocurrency market structure bill, which has now been forwarded to the Senate for further consideration. The legislation establishes a new regulatory framework for digital assets, marking a cr

Odaily Planet Daily News "Federal Reserve Mouthpiece" Nick Timiraos posted on the X platform that if Trump tries to remove Fed Chairman Powell, it may trigger a protracted standoff. The Fed has independent office space and security powers, and Powell may insist on staying in office until a court ruling or the Senate confirms a successor.

Jin10 data reported on July 16, Wednesday, that prices of Japan's ultra-long-term government bonds rose, reversing a selling spree earlier this week triggered by concerns that the upcoming Senate elections might lead to higher government spending. The yield on 30-year bonds fell by 10 basis points to 3.06%; the yield on 40-year bonds also decreased by 10 basis points to 3.38%. Previously, the 30-year yield had climbed to its highest level since 1999 on Tuesday. Katsutoshi Inadome, a senior strategist at Sumitomo Mitsui Trust Asset Management, stated that investors were likely buying in response to the severe selling that occurred yesterday. Although the market remains cautious about fiscal stimulus policies following the Senate elections, the rapid rise in yields has temporarily halted, and the market is currently waiting for the election results. Michael Brown, senior research strategist at Pepperstone, stated: "With the elections approaching, political tensions..."

PANews July 15 news, according to Jin10 reports, Trump stated, Happy Crypto Assets Week! We will work hard to collaborate with the Senate and the House to pass more legislation. Digital assets are the future, and we are far ahead. Every Republican should vote in favor of the stablecoin bill.

Golden Finance reports that, according to CCTV International News, Trump met with visiting NATO Secretary General Jens Stoltenberg at the White House on the morning of July 14 local time. When discussing a new bill being pushed forward by the U.S. Senate to impose severe sanctions on Russia, Trump stated, "I'm not sure we need this." Trump noted that some senior Republicans in the Senate are actively promoting this matter. He does not want them to "waste time." However, he also mentioned, "It could be useful, we'll see."

Jin10 data reported on July 14, that a Senate investigation report released by the U.S. Congress on July 13 local time shows that the shooting of Trump at a campaign rally in Butler, Pennsylvania on July 13 last year stemmed from "a series of avoidable security lapses." The report harshly criticizes the U.S. Secret Service for "disciplinary looseness," including failing to dismiss those responsible after the attack.

PANews July 12 news, White House digital asset policy advisor Bo Hine posted on the X platform that an important week is coming, from July 14 to July 20 will be the House of Representatives' "crypto week", the GENIUS bill will be sent to President Trump’s desk, the CLARITY bill will be sent to the Senate, and the "crypto week" will solidify the role of the United States as the global capital of Crypto Assets.

What truly brought Crypto Assets to the doorstep of Washington is not the Metaverse or the NFT craze, nor the hoodie-wearing libertarian utopians. It is the dollar. It is not the theoretical intrinsic value of the Crypto Assets White Paper, but the hegemonic, carefully designed dollar that supports global power and America's dominance. Therefore, when the U.S. Senate approved a bipartisan bill to regulate stablecoins (Crypto Assets pegged to the dollar), it is not just about financial innovation, but about sovereignty. This legislation heralds the arrival of a new era, where stablecoins will become a new tool for U.S. foreign policy and global financial influence.

Former BitFury executive and encryption industry supporter Jonathan Gould has been confirmed by the Senate as the Chairman of the Office of the Comptroller of the Currency (OCC), which may promote more encryption-friendly policies and facilitate the integration of encryption with the banking industry. However, this centralized regulatory approach may also pose risks, especially if political forces opposing encryption gain control over federal regulation. Gould's appointment signifies an important shift in the regulatory environment, but the long-term effects remain to be seen.

Trump expressed disappointment over the Russia-Ukraine conflict in an interview, revealing that the U.S. has reached a weapons transport protocol with NATO and Ukraine, with NATO covering 100% of the costs. He anticipates that the Senate will pass a stringent sanctions bill against Russia, but the decision on whether to implement it will be made by the president.

On July 9 (Wednesday), Ripple CEO Brad Garlinghouse became the focus at a Senate Banking Committee hearing titled "From Wall Street to Web3: Building the Future of the Digital Asset Market." He used this platform to call for cryptocurrency regulatory reform and explained the impact of the SEC lawsuit against Ripple, while emphasizing the non-security nature of XRP. Against this backdrop, XRP reached a 7-week high, while Bitcoin (BTC) also hit a new all-time high. Hopes for the introduction of a regulatory framework, along with the more important FOMC meeting minutes, boosted demand for BTC and the entire crypto market.

U.S. Senator Elizabeth Warren has expressed serious concerns regarding the CLARITY Act ( currently under review in the House of Representatives. This bill could allow publicly traded companies like TSL and Meta to circumvent regulation by the SEC ) through asset tokenization. During a Senate Banking Committee hearing, Warren warned: "Under this bill, publicly traded companies like Meta or TSL would only need to put their stocks on the blockchain — and poof! — they could completely escape SEC oversight." She emphasized that this would undermine the integrity of financial markets and jeopardize investor protection mechanisms.

On July 10, Jin10 Data reported that U.S. Senate Majority Leader John Thune stated that he "hopes" the Senate will pass a bipartisan proposal put forward by President Trump's ally, Senator Lindsey Graham, to impose severe sanctions on Russia before the August recess. After Trump criticized Putin's intensified attacks on Ukrainian cities earlier this week, Senate Republicans have become more confident about passing legislation to sanction Russia this month. Thune said, "It’s clear that there is a lot of bipartisan support in the Senate. I believe the House is the same, at least I hope so." "Whether this will happen in the coming weeks is an open question, but I hope it will."

Brad Garlinghouse, the CEO of Ripple, will attend a hearing of the U.S. Senate Banking Committee on July 9 (Wednesday) (Theme: From Wall Street to Web3: Building the Future of the Digital Asset Market). His pre-disclosed testimony focuses on the SEC vs. Ripple case and criticizes the negative impact of the ambiguous U.S. encryption regulatory framework on innovation and the digital asset space. Additionally, today's Senate Banking Committee hearing is equally important. The progress of related bills in the House could accelerate the debate and vote on the Bitcoin Act. This bill was reintroduced by Senator Cynthia Lummis in 2025, proposing that the U.S. government purchase 1 million BTC within five years and hold them for 20 years.

As the focus shifts from U.S. tariffs to digital assets, Bitcoin (BTC) has also risen. The House of Representatives will review three key cryptocurrency legislations: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. Although lawmakers will vote on these bills during the week of July 14 (Crypto Assets Week), today’s Senate Banking Committee hearing is also significant.

As the U.S. Congress considers important legislation that may reshape the regulatory framework for digital assets, leaders in the Crypto Assets business, policy advocates, and former regulators will testify before the Senate Banking Committee. This hearing marks the first disclosure of the U.S. Senate leadership's stance on Crypto Assets market structure legislation since the announcement in October of the goal to pass such legislation. This is not only a critical moment for the Crypto Assets industry in its pursuit of clear regulation, but it will also reveal how potential conflicts of interest may influence the legislative process.

The yield on Japan's 30-year government bonds has risen by more than 30 basis points, breaking through the 3% mark and reaching a new high. This reflects market concerns about fiscal policy ahead of the Senate elections, with analysts warning that it may exacerbate global interest rate fluctuations, affecting risk assets such as Bitcoin. The results of the 20-year government bond auction will be closely followed.

As the digital asset bill accelerates in the U.S. Congress and is about to be submitted for President Trump's signature, the huge profits that Trump and his family have made in the crypto assets field have sparked increasingly heated controversy. Democrats have launched protests against "Trump's crypto corruption" in both the House and Senate, so much so that industry policy leaders believe that the long-awaited crypto assets market structure bill may be doomed as a result.

The Japanese Senate election will take place on July 20, with the latest polls showing that the opposition party is more popular than the ruling coalition, and nearly half of voters hope that the ruling coalition will not secure a majority of seats. This election will affect the stability of Prime Minister Shigeru Ishiba's administration.

Today (7) in the Asian early session, the Bitcoin price remains above 109,000 USD, with clearer regulatory developments boosting the demand for Bitcoin. On Wednesday, the Senate Banking Committee will hold a hearing on the structure of the cryptocurrency market in preparation for a key vote expected to take place in the week of July 14 (the so-called "cryptocurrency week").

Jin10 reports that Musk: Supporting a (potential) presidential candidate in the U.S. is not impossible, but the focus for the next 12 months will be on the elections for the House of Representatives and the Senate.

Jin10 reported on July 6 that Musk stated the goal of the "new party" is to secure 2 to 3 Senate seats and 8 to 10 federal House districts.

BlockBeats news, on July 5, U.S. President Trump signed the "Beautiful Law" into effect on July 4 local time. The U.S. House of Representatives passed the "Beautiful Law" pushed by President Trump with a vote of 218 in favor and 214 against on the afternoon of the 3rd. The bill has been controversial due to cuts in federal aid, increases in long-term debt, and tax cuts for the wealthy and large corporations. Two Republican representatives voted against the bill on the same day. The bill was passed by the Senate on the 1st of this month. (Jin10)

According to Golden Finance, on July 4 local time, U.S. President Trump signed the "Big and Beautiful" tax and spending bill, making it effective. The U.S. House of Representatives passed the "Big and Beautiful" bill promoted by President Trump with a vote of 218 in favor and 214 against on the afternoon of the 3rd. The bill has been controversial due to federal aid cuts, increased long-term debt, and tax cuts for the wealthy and big corporations. Two Republican representatives voted against the bill during the vote. The bill was passed by the Senate on the 1st of this month.

Gate News bot message, White House crypto and AI czar, "crypto tsar" David Sacks posted on X stating that the week of July 14 is House Cryptocurrency Week: The "GENIUS Act" is about to be sent to President Trump. The "CLARITY Act" (U.S. Digital Asset Market Clarification Act) is also about to be sent to the Senate.

Bitcoin maintained its strength above 108,900 USD today (3), continuing the rebound trend from last night. U.S. President Trump increased pressure on Federal Reserve Chairman Powell, urging him to "resign immediately," and shared a media report claiming that Federal Housing Finance Agency (FHFA) Director Bill Pulte accused Powell of lying during his testimony in the Senate. The U.S. M2 Money Supply has reached a record 22 trillion USD—analysts say this is a potential catalyst for Bitcoin's price breakthrough.

Gate News bot message, crypto journalist Eleanor Terrett revealed that the U.S. Senate Banking Committee will hold a hearing on the structure of the crypto market on July 9 at 22:00 Beijing time. Several important figures in the crypto assets industry have confirmed their participation, including Ripple CEO Brad Garlinghouse, Blockchain Association CEO.

According to the Gate News bot, as reported by Jin10, on the 2nd at 21:00 Beijing time, the U.S. House of Representatives officially convened a meeting to discuss the Senate version of the "Big and Beautiful" bill. U.S. media reports indicate that the House will first conduct a procedural vote, after which it will enter the debate phase on the bill.

Odaily News Gray Release published a research report for June, which pointed out that the GENIUS Act will bring regulated payment stablecoins to the United States, having passed the Senate with bipartisan support and now heading to the House for approval. Circle has successfully gone public, and it is expected that the increase in regulatory clarity and favorable macro backdrop (huge budget deficits and potentially lower Interest Rates) in the second half of 2025 will continue to support encryption assets.