Weekly Morning Briefing

1. Circle's after-hours price surged to a high of $214, with a single-day increase of nearly 40%;

2. Coinbase announced the launch of "Coinbase Payments" and reached a partnership with Shopify;

3. Ohio's "Bitcoin Rights" bill passed the House vote and will next be submitted to the Senate for review;

4. Trump: The US is not seeking a ceasefire but demands "Iran has no nuclear weapons";

5. The Federal Reserve continues to maintain interest rates unchanged;

6. Powell listed supporting factors for not cutting rates and said he is willing to wait for more information;

7. The UK plans to introduce rules next year to limit banks' crypto asset exposure;

8. After the FOMC statement: The probability of a Fed rate cut in July slightly cooled to 10.3%;

9. DeFi infrastructure TAC raised a total of $11.50 million in two funding rounds, led by Hack VC;

10. Sources: Crypto broker FalconX plans an IPO in 2025 and has started preliminary talks regarding the listing;

11. Trump claims the US will become the undisputed leader in digital assets;

12. US Treasury Secretary: Cryptocurrencies do not pose a threat to the US dollar, and stablecoins help consolidate dollar hegemony;

13. CITIC Securities: Expects the Fed to cut rates no more than twice within the year;

14. Opinion: Declines in Visa and Mastercard stock prices may reflect expectations for blockchain payments;

15. Pump.fun's parent company hires a well-known lawyer to respond to Burwick's class-action lawsuit;

16. Israeli hacker group attacked Iranian crypto exchange and burned $90 million in crypto assets, plans to release Nobitex's source code publicly;

17. Report: The US is considering launching an attack on Iran this weekend.