AiCoin Daily Report (June 12)

2025-06-12 00:01:34

Trump stated that The Federal Reserve (FED) should lower the Intrerest Rate by 1%.

Odaily Planet Daily News: U.S. President Trump stated that the Federal Reserve (FED) should lower the Interest Rate by 1%. -Original

The U.S. May CPI increase was below expectations, boosting the sentiment in the cryptocurrency market.

The United States announced the unadjusted CPI annual rate for May, recorded at 2.4%, lower than the expected 2.5%, with a previous value of 2.3%. -Original text

The market expects that the Federal Reserve will cut interest rates by a total of 77 basis points over the next year.

Odaily Planet Daily News After the release of the US CPI data, the market expects that the The Federal Reserve (FED) will cumulatively cut interest rates by 77 basis points over the next year, with a cumulative cut of 48 basis points by December. Previously, the expectation was for a cumulative cut of 67 basis points over the next year, with a cut of 42 basis points by December. -Original

Bitcoin miner IREN plans to issue convertible bonds to raise $450 million.

The company plans to use the proceeds to offset potential equity dilution and market risks. -Original

Billionaire Paul Tudor Jones claims that buying Bitcoin is the best way to combat inflation.
The CEO of a U.S. bank revealed willingness to launch a stablecoin project with partners.

Odaily Planet Daily News: The CEO of a US bank is willing to launch our own stablecoin in collaboration with partners. -Original text

Polygon co-founder Sandeep Nailwal has been appointed as the CEO of the foundation.

Sandeep Nailwal, co-founder of Polygon, has been appointed as the CEO of the foundation, responsible for overseeing the development and growth aspects of Polygon. In the short term, Polygon will focus on expanding AggLayer applications. - Original text

Stripe announced the acquisition of the cryptocurrency wallet provider Privy.

Payment company Stripe will acquire cryptocurrency wallet provider Privy. -Original

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

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