Vitalik launches sub linear staking contract vulnerability bounty program, with a total reward of 2 ETH

US President Trump plans to meet with leaders of Gulf Cooperation Council member countries in New York next Tuesday to discuss Iran's post-war strategy and regional situation.

The US House of Representatives passed the Payer Protection Act on Wednesday, requiring state utility regulators to consider whether large electricity users should bear the incremental costs of electricity infrastructure. US President Trump supports the development of data centers, and lawmakers from both parties are facing concerns from voters about rising electricity bills due to the demand for data center power.

[Fed Rate Hike and Dot Plot Indicate Tightening, Gold Prices Drop, Trump Calls for Rate Cuts] The Federal Reserve announced its monetary policy decision and raised interest rates, with the dot plot showing officials expect rates to remain tight this year. Spot gold prices fell more than $130 from their intraday high. U.S. President Trump called for rate cuts to stimulate the economy, while China and Japan have recently reduced their holdings of U.S. Treasury bonds. (Source: Federal Reserve) AI Analysis: The Fed's adherence to a tightening stance has directly shattered market expectations of a monetary policy shift. The high-interest-rate environment continues to suppress the allocation value of non-yielding assets. The hawkish signals from the dot plot have reinforced the narrative of prolonged high rates, rapidly diminishing gold's appeal as a safe-haven asset. The clarity of the policy path has forced capital to exit the precious metals market, with market pricing logic now fully pivoting to a reassessment of the tightening cycle.

The Federal Reserve announced its interest rate decision, raising the target range for the federal funds rate by 25 basis points to 3.75% -4.00%. This is the first interest rate hike since July 2023. Among 18 officials, 16 expect to raise interest rates at least once before the end of 2026. The median path shows that after another increase this year, interest rates will remain unchanged in 2027 and gradually decrease thereafter. The next FOMC meeting is expected to be held at the end of October. (Source: Federal Reserve) AI interpretation: This interest rate hike decision clarifies the Fed's firm stance on maintaining a tightening cycle. The consensus among officials on the future path of interest rates has strengthened the long-term trend of a high interest rate environment. The market must recalibrate its expectations for a shift in monetary policy, and liquidity pressures will continue to exist in the short term. This decision has completely ended the market's illusion of short-term interest rate cuts, and the asset pricing logic will shift towards defensive allocation.

US President Trump has threatened to halt trade with Europe if Canada joins the EU as an associate member. （Watcher.Guru）