[Decrypt: Kentucky Senator Sued Over Bitcoin Mining Business] A Kentucky senator is facing legal action due to their involvement in a Bitcoin mining business. The case alleges conflicts of interest and potential violations during its operations. Previously, the state attracted numerous crypto mining companies due to its low electricity costs, but this also sparked debates over energy usage and regulation. This case could further impact the relationship between local governments and the crypto industry. (Decrypt)

OKX-BTC/USDT is currently trading at $11442.80, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.

[Circle Mints an Additional 750M USDC on Solana, 24-Hour Total Reaches 1.5B] Stablecoin issuer Circle minted approximately $750 million USDC on the Solana blockchain an hour ago, bringing the total minted in the past 24 hours to $1.5 billion. This marks significant growth of USDC within the Solana ecosystem. (Cointelegraph)

[Federal Reserve Collins: Gradual Rate Cuts if Economy Meets Expectations] Federal Reserve official Collins stated that the Fed still needs to monitor inflation risks, as aggressive rate cuts could exacerbate this issue. If the economy performs in line with expectations, a gradual rate-cutting strategy will be adopted.

The token slipped from $3.32 to $3.21 in the past 24 hours, underperforming the broader market.