The US stock market opened higher, and the Nasdaq rose 108 points
At the opening of the US stock market, the Dow Jones Industrial Average rose 135 points, the Nasdaq rose 108 points, and the S&P 500 index rose 0.34%.
At the opening of the US stock market, the Dow Jones Industrial Average rose 135 points, the Nasdaq rose 108 points, and the S&P 500 index rose 0.34%.
Odaily Planet Daily News: Bloomberg Industry Research has released a report exploring the potential of the Hong Kong stablecoin market and its impact on the foreign exchange market. Analysts say that since any stablecoin pegged to the Hong Kong dollar is supported by Hong Kong dollar cash or cash equivalents, stablecoins will still be affected by the linked exchange rate between the Hong Kong dollar and the US dollar. Even if the value of stablecoins remains stable during any potential adjustment period at Lianhui, assets supporting stablecoins may need to be revalued. Therefore, it is believed that stablecoins in Hong Kong may be linked to real-world assets such as real estate in the future. In addition, as stablecoin issuers must hold the corresponding legal tender, the large-scale and tokenizable high-quality asset reserves will drive the popularization of stablecoins in Hong Kong, and new trading media can also release the liquidity of real-world assets in Hong Kong. (Radio Television Hong Kong)
OKX-WIF is currently priced at $0.8567, with a 24-hour increase of 22.59%. 24-hour transaction volume of 1.5 billion US dollars, up 54.08%, for reference only
BTC is currently priced at $105431.74, with a 3.44% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.02 million US dollars, with the main liquidation being short orders and BTC liquidation being 1.55 million US dollars (15.49%). The data is for reference only.
Memecoin shows resilience despite market-wide volatility triggered by U.S.-Iran conflict in the past week.
Odaily Planet Daily News: US President Trump posted on his social media platform "Real Social" that "it's too late, Mr." Federal Reserve Chairman Jerome Powell will explain in Congress today why he refuses to lower interest rates. Europe has already cut interest rates 10 times, while we have zero. Without inflation, the economy is thriving - we should at least reduce it by 2 to 3 percentage points. It will save the United States $800 billion annually. (Golden Ten)