Boston Fed President Collins said that interest rates may need to be raised before the end of this year to curb inflation, and policy decisions depend on future economic data. Collins predicts that the US economy will continue to grow, the labor market will remain close to full employment, and inflation will gradually fall back to 2%. Collins also pointed out that the demand for AI may drive an investment boom, leading to an overheated labor market. The ongoing pressure of tariffs and energy prices also poses challenges in the context of the Iran War, and it is necessary to observe whether high inflation spreads. (Source: Jin Shi)

The US Securities and Exchange Commission has submitted Form 25 for Bitwise's DOGE ETF.

Binance will shut down its Bitcoin mining pool after six years of operation.

The total value of tokenized stocks is close to 3.3 billion US dollars, an increase of 15% in the past 30 days. More than 70% of the tokenized stock trading volume on BNB Chain occurs outside of 9:30-16:00 Eastern Time, with Solana and Base accounting for 63% and nearly 60%, respectively. The trading volume of Jupiter tokenized assets on Solana trading platform increased by 50% month on month. The US Securities and Exchange Commission (SEC) launched an "innovation exemption" last month, allowing eligible trading venues to trade tokenized US stocks on the public chain. SEC Commissioner Mark Uyeda stated that relevant platforms must disclose trading prices, sizes, timestamps, and daily trading volumes denominated in US dollars, as well as publicly disclose liquidity pool addresses and balances.

The Federal Reserve is currently concerned about the risk of high inflation and expects high energy prices to keep inflation above 2%. Collins supports the Federal Reserve's interest rate hike at the September meeting and stated that the US economy has shown resilience in the face of shocks, and the path of monetary policy will depend on subsequent data. (Source: Sina Finance)