Nasdaq 100 futures up over 1%, S&P 500 and Dow Jones futures up

A Bitcoin whale address that had been dormant for 16 years transferred 40 BTC, which have appreciated in value to approximately $2.54 million since their acquisition in 2010. （Cointelegraph）

Federal Reserve official Williams stated that there is still uncertainty regarding the level of long-term neutral interest rates.

Polygon Labs announced that PayPal USD (PYUSD) will be natively issued by Paxos on the Polygon blockchain and integrated with the Polygon Open Currency Stack (OMS), allowing enterprises to achieve regulated USD cross-border circulation through a single integration. PYUSD is issued by Paxos under the supervision of the Office of the Superintendent of the Currency (OCC) in the United States. The daily settlement volume of Polygon Chain's stablecoins exceeds 2.5 billion US dollars, and the cumulative settlement scale has exceeded 2.6 trillion US dollars. Enterprises can directly use PYUSD through existing wallets, fiat currency channels, and compliance tools, with application scenarios covering cross-border salary payments, overseas seller settlements, and emerging market remittances.

According to the Bybit market, at the opening of the US stock market, the Dow Jones Industrial Average rose 0.29%, the Nasdaq rose 1.07%, the S&P 500 index rose 0.36%, COIN, a cryptocurrency concept stock, fell 1.50% during the day, and HOOD rose 0.53% during the day.

At the opening of the US stock market, the Dow Jones Industrial Average rose 0.08%, the S&P 500 index rose 0.2%, and the Nasdaq rose 0.2%. Micron Technology has risen by over 6%, and its investment scale in the United States is expected to reach 250 billion US dollars by 2035. Qualcomm rose 1.9%, while Meta Platforms fell 3.4%. Meta Platforms plans to start producing an AI chip in September.