US May non seasonally adjusted core CPI annual rate records 2.9% spot gold short-term rise

A giant whale holding Bitcoin transferred 800 BTC, with an asset value of $68 million and holding costs ranging from $100 to $85000. （The Bitcoin Historian）

Greenfield Capital has submitted a regulatory complaint against the Safe Ecological Foundation to the Swiss Federal Fund Supervisory Authority, stating that its governance failure has led to a loss of market share. Since the beginning of 2024, the asset value held by Safe accounts has decreased from approximately $66 billion to approximately $30 billion, while DeFi TVL has grown by approximately 40% and stablecoin supply has increased by 135% during the same period, while Safe's stablecoin holdings have only grown by 11%.

White House National Economic Council Director Hassett said he respects Federal Reserve Chairman Kevin Walsh's decision to vote with members in support of raising interest rates.

Greenfield Capital has submitted a complaint to the Swiss Federal Fund regulatory agency, questioning the governance and asset size reduction of the Safe Foundation. Greenfield Capital pointed out that the asset size of the Safe account has decreased from $6.6 billion at the beginning of 2024 to $3 billion, and the foundation has not adopted its recommendations to update the board of directors and adjust management. Greenfield Capital emphasizes that this complaint is only related to the governance of the foundation and holds a positive attitude towards the work of the Safe Labs operations team.

The seasonally adjusted annual interest paid by American households reached $604 billion, with a monthly payment of $50 billion, an increase of $326 billion from December 2021, accounting for 2.5% of disposable personal income. The Consumer Confidence Index of the World Federation of Large Enterprises fell 6.7 points to 81.9 in September, the lowest since 2014. The expected index dropped to 63.6, with August spending increasing by 0.9% and the savings rate dropping to 4.1%.