Castle Securities predicts that the Federal Reserve will start its interest rate hike cycle as early as September
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Castle Securities in the United States stated that with sustained and widespread inflation, the Federal Reserve may begin a series of interest rate hikes as early as September.
According to Iran's Press TV, Iran's First Vice President Mohammad Reza Arif stated that Tehran will retain control over the Strait of Hormuz and pointed out that ships using the waterway should pay for the security services provided by Iran.
The US stock market closed on Tuesday, with the Dow Jones Industrial Average initially up 0.6%, the S&P 500 index down 0.57%, and the Nasdaq down 1.15%. SpaceX closed up 4.8%. Maiweier Technology fell nearly 10%, while Micron Technology fell 6%. The Nasdaq China Golden Dragon Index fell 2.5%, and Xiaopeng Motors fell over 4%.
According to the Bybit market, the three major US stock indices have fluctuated, with the Dow Jones up 0.64%, the Nasdaq down 1.69%, and the S&P 500 down 0.49%. Cryptocurrency concept stocks generally fell, with Coinbase falling 0.13% and Robinhood falling 1.33% within the day.
XRP Ledger has released version v3.2.0, renaming the core server name from rippled to xrpld and fixing security vulnerabilities in Single Asset Vaults, Lending Protocol, and permitted DEXs. （CoinDesk）
US Senator Cynthia Lummis hinted that the US may soon start buying 1 million Bitcoin coins and stated that US President Trump has signed an executive order supporting the establishment of a strategic BTC reserve. （The Bitcoin Historian）
