Circle suggests that the EU revise the MiCA bill to eliminate the requirement for stablecoin bank deposit reserves

US President Trump has promised to distribute $5000 in dividends to every adult American citizen if the Republican Party wins the House and Senate elections. The plan is expected to cost $1.2 trillion and the funds need to be consumed domestically in the United States.

US President Trump will host another dinner on Meme Coin.

Former Chairman of the House Financial Services Committee, Patrick McHenry, stated that the CLARITY bill should be submitted to the Senate for a vote before the impact of the political cycle, and discussed regulatory issues such as AI trading responsibility and predictive markets. (Source: CoinDesk)

The yield of the 30-year treasury bond bond of the United States rose to the highest level since 2002. The net assets of the richest 1% of households in the United States totaled $60.3 trillion, 14.3 times that of the bottom 50% of households. Since 2020, the purchasing power of the U.S. dollar has declined by 23%. The rise in 30-year US Treasury yields puts pressure on the discount rate of Bitcoin, while the continued inflation and decline in the purchasing power of the US dollar reinforce the logic of Bitcoin as an inflation hedge tool. The market is facing two conflicting signals.

[FOMC Meeting Minutes to Be Released, G7 Plans to Release Strategic Oil Reserves] The market is focused on the FOMC meeting minutes to be released next week, as investors will interpret the assessment of inflation and employment to gauge the December interest rate decision. G7 countries plan to coordinate the release of strategic oil reserves to stabilize international oil price fluctuations. Gold prices remain weak, and long-term U.S. Treasury yields will serve as the core anchor for macro asset pricing. (Source: Jin10)