Abraxas Capital has cumulatively deposited 12000 ETH into Binance in the past 12 hours

BlockBeats News: On June 24th, Federal Reserve Chairman Powell will have two opportunities this week to explain to members of Congress why he and most of his colleagues are determined to keep interest rates unchanged until September and ignore Trump's continued calls to lower borrowing costs. The Chairman of the Federal Reserve will testify before the House Financial Services Committee at 10 pm Beijing time on Tuesday and before the Senate Banking Committee at the same time on Wednesday. Less than a week ago, Federal Reserve officials agreed to keep interest rates unchanged for the fourth consecutive meeting, and before his appearance, the United States recently attacked Iran, exacerbating concerns about soaring oil prices and global economic risks. Trump stated in a post that he hopes Congress can "give Powell a good beating" and advocates that US interest rates should be "at least two to three percentage points lower". Last week, the Federal Reserve maintained the benchmark federal funds rate in the range of 4.25% -4.5%. Powell is expected to cautiously follow the message he conveyed last week, when he stated that the Federal Reserve is "in a favorable position to wait and learn more about the possible direction of the economy" before considering any interest rate changes. The tariffs imposed by the Trump administration have not yet brought about the price increases and rising unemployment rates that policymakers have warned about. Two Federal Reserve governors, Waller and Baumann, have both stated that the impact of tariffs on prices may be short-lived and they may support a rate cut in July.

According to the popularity ranking, FUN's popularity has decreased by 20000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① FUN （$0.01020，-20.40%） ② ETH （$2438.33，8.53%） ③ OKB （$52.00，2.08%） ④ SOL （$145.32，9.02%） ⑤ SPK （$0.04406，-4.30%） FUN's main funds have strong buying power, with a net inflow of $47.8947 million within 24 hours and a transaction volume of $2475 million within 24 hours, of which the main funds had a net inflow of $8.6296 million.

According to CoinPost, the Japan Financial Services Agency released a document titled "Considerations on the Composition of the Cryptocurrency Surrounding System" on the 24th and announced the establishment of a working group on the cryptocurrency system. The issue is scheduled to be formally discussed at the plenary meeting of the Financial Services Commission on the 25th. The biggest focus is on reviewing a proposal to transfer encrypted assets currently regulated by the Payment Services Act to the framework of the Financial Instruments and Transactions Act (FIEA). This system change will officially classify encrypted assets as' financial products'. If the transition to the Financial Products Trading Act is achieved, it is expected that the tax on cryptocurrency assets will be changed from the current comprehensive tax (up to 55%) to a separate self-assessment tax of about 20%, which is the same as stocks. By lifting Japan's ban on Bitcoin ETFs (exchange traded funds), investment access for institutional and ordinary investors will be improved.

BlackRock believes that there may be more moments similar to DeepSeek in China's biotechnology, automation and automatic driving fields, reflecting its optimistic attitude towards the further development of China's artificial intelligence field. BlackRock Greater China investment strategist Lu Wenjie said at a press conference on Tuesday that it is difficult to give an exact time, but the current environment is suitable for these technology companies to achieve very strong innovation.

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 They say marriage is like a besieged city, where people in the city want to leave and those outside want to come in. Lao Guan thinks that the market, or for me, this market is like a besieged city. Based on my analysis and expectations, all friends who firmly believe in Lao Guan will not feel how abnormal this market is. But friends who have not listened to Lao Guan's live broadcast or taken my suggestions seriously may find this market exceptionally difficult. Looking back, the volatility of this market is quite simple, it is just that the expected decline has occurred, with a strong downward trend. After the downward trend, there has been a violation and a certain continuation. Under the market sentiment, this action is not considered abnormal, but rather very reasonable. But many friends will add some misunderstandings to themselves under the premise of extreme market fluctuations. Yesterday on Monday, when we were sharing, we made it clear to everyone that we believe short selling is extremely dangerous in the current market, and we believe that it is more important to go long on dips. Additionally, we have made long trades at the 101200 point position on wheat. The result is self-evident, that is to say, although yesterday's market violated the obvious upward trend and exhibited violent behavior, we naturally grasped this wave of operation. Many investment sentiment in the market may be at a loss due to this violation. As early as Sunday, Lao Guan made a classic statement that he hopes everyone will have small gains and small losses, big gains and big losses, and big gains and full positions in the coming week. Perhaps we talked about this issue last Sunday, and many friends thought that the so-called big rise and surge in this market would not happen at all. However, the result is obvious. He came again, and we also made appropriate trades for short positions according to the plan. So I think this market trend should be able to be grasped again. The market has fluctuated violently in the past two days, and market sentiment has been scattered, which may affect the judgment of future friends on the market. So Lao Guan invites everyone to my live broadcast room. Tonight, I will analyze with you the actions that are more likely to occur in the future market. QQ group number: 701829134 Aicoin group: https://aicoin.com/link/chat?cid=2ARLLeaoM Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.