Gate News bot message, According to a report from the Congressional Budget Office on June 29, the Senate version of the "Beautiful Great Law" could increase U.S. debt by $3.3 trillion over the next decade. The bill was narrowly passed in the House on May 22 with strong support from Trump. On June 28, the bill was again narrowly passed.

According to Jinse Finance and CCTV News, on June 29 local time, the U.S. Congressional Budget Office stated that the Senate version of the "Big and Beautiful" large-scale tax and spending bill will increase U.S. debt by $3.3 trillion over the next decade. With strong support from Trump, the "Big and Beautiful" bill narrowly passed the House of Representatives on May 22 by a single vote and was barely approved in a procedural vote in the Senate on June 28, stumbling along the way. Furthermore, to ensure the bill's passage in the Senate, lawmakers made modifications to the terms, which will need to return to the House for another round of voting after the Senate vote.

Gate News bot message, according to Jin10 report, former US President Trump commented on Tesla CEO Musk on June 29. Trump stated that Musk is an outstanding individual, and he believes Musk will perform excellently in the future. However, Trump also pointed out that some of Musk's previous remarks were inappropriate. This statement

BlockBeats news, on June 29, U.S. President Trump: Musk is a great guy, I know he will do well, but what he said before was not appropriate. (Jin10)

BlockBeats news, on June 29, Trump stated in an interview that he does not believe there is a need to extend the tariff suspension period, but it can be extended. At the same time, Trump announced the suspension of trade negotiations with Canada until they stop certain taxes.

According to the Gate News bot, former US President Trump stated on June 29 that TikTok has found potential buyers. Trump referred to these buyers as "a group of very wealthy people." This news has sparked widespread attention on the future direction of TikTok, especially in the current complex international technology policy environment.

Gate News bot message, PANews, June 29 news, according to Jinshi citing The Wall Street Journal, Trump discussed with Walsh about replacing Powell in February and March 2024. Walsh advised Trump that no related actions should be taken before Powell's term ends in May 2026. Wosh announced on April 25 in China.

Golden Finance reports that U.S. President Trump stated that the U.S. should keep the Intrerest Rate at 1% or 2%.

Gate News bot message, on June 29, President Trump stated regarding the next candidate for The Federal Reserve (FED) chairman that although Warsh is very talented, he may not be the one. Trump emphasized that he is unwilling to pay 10-year debt at higher Intrerest Rates. At the same time, Trump once again criticized the current chairman of The Federal Reserve (FED), Powell.

Trump mentioned that when it comes to the next chair of the Federal Reserve (FED), he believes that Waller is talented but may not be suitable for the position. He does not want high interest rates to affect 10-year debt. Waller was a popular candidate to replace Powell and has rich experience with the Federal Reserve (FED).

Odaily News The President of the United States, Trump, stated that there is a foolish person at the Federal Reserve (FED). (Jin10)

According to the Gate News bot, the latest poll results from Newsweek show that President Trump’s approval rating has dropped to a historic low. Survey data shows that currently 43% of the American public approves of Trump's performance, while 53% express dissatisfaction, resulting in a net approval rating of negative 10%. Reports indicate that Trump announced in April this year.

According to BlockBeats news, on June 29, Musk commented on the Senate's passage of Trump's "Beautiful Greatness Act" on the X platform: "The latest draft of the Senate bill will destroy millions of jobs in America and cause tremendous strategic damage to the country. It is extremely crazy and destructive. It provides handouts to past industries while severely harming future industries."

BlockBeats news, on June 29, according to market news, the U.S. Senate has secured enough votes in a procedural vote to advance Trump's tax reform bill, increasing the likelihood of the bill passing in the coming days. (Jin10)

The proportion of American Crypto Assets investors receiving warning letters from the IRS surged by 758%, most of which are educational in nature. Trump is considering eliminating the encryption tax, but Congress has not legislated. CoinLedger's CEO warns that this could be the beginning of a larger enforcement action.

Golden Finance reported that a segment of U.S. President Trump's interview with Fox News showed that when asked "Do you think the Iranian regime hid some enriched uranium before launching an attack on the U.S.?" Trump denied it, stating that he believes it is very difficult to do and extremely dangerous, and that Iran only knew about the U.S. military's impending action at the time of the attack.

Golden Finance reported that U.S. Senate Minority Whip John Barrasso stated that the Senate will hold its first procedural vote on the Trump tax cut bill at 4 p.m.

BlockBeats news, on June 28, U.S. President Trump stated that relations with Europe are good, but the trade situation is severe. Europe imposes heavy taxes and has sued American companies. Europe has been very tough on trade issues. (Jin10)

Odaily News According to Onchain Lens monitoring, the TRUMP team removed 749,932 TRUMP (worth 6.77 million USD) and 374,608 USDC from liquidity.

Jin10 reported on June 28 that U.S. President Trump stated in a recent post on social media, "Which despicable person in the fake news media said, 'President Trump wants to give Iran $30 billion to build a non-military nuclear facility'? I have never heard of this ridiculous idea. This is just another eyewash created to demean me. These people are sick!!"

Trump stated that a ceasefire in the Gaza Strip could be reached next week and described the current situation as severe. He mentioned that the United States is providing aid to the region but did not disclose details of the discussions.

Gaza Conflict: 1. European Council: Israel must immediately accept a ceasefire in Gaza. 2. Market news: Israeli officials have stopped the entry of food and supplies into northern Gaza. 3. The Israeli military is accused of deliberately firing at civilians at Gaza aid points, which high-level officials deny. Israel-Iran Conflict: 1. Israel claims to have struck over 900 Iranian targets during the conflict, resulting in the deaths of 11 scientists. 2. Israeli Defense Minister: instructed the military to formulate an execution plan against Iran after the 12-day war. The plan includes maintaining Israel's air superiority, preventing the development of (Iran's) nuclear weapons and missile production, and responding to Iran's support for "terrorist activities" targeting Israel. 3. An Israeli Defense Forces spokesperson summarized military actions against Iran: achieving established goals and even exceeding expectations. 4. U.S. Energy Secretary Granholm: sanctions on Iranian oil remain effective. 5. Iran has extended its flight ban in the west and northwest until 2 PM on Saturday. 6. Iran stated

On June 27 local time, the U.S. Senate voted down a proposal led by the Democrats to limit Trump's authority to use military force against Iran.

According to Jinse Finance, on June 27 local time, U.S. President Trump stated on a social media platform that the United States has just learned that Canada has announced it will impose a digital services tax on U.S. tech companies. Trump called it a "direct and blatant attack" on the United States, claiming that Canada is clearly emulating the European Union. Trump stated that in light of this shocking tax, the U.S. is terminating all trade negotiations with Canada, effective immediately. The U.S. will inform Canada within the next seven days of the tariffs that will be imposed on trade with the U.S.

Jin10 Data, June 28th – US President Trump posted on social media: "Khamenei clearly knows he is lying, yet he shamelessly and stupidly claims he won the war with Israel. I know exactly where he is hiding – Israel or the world's strongest military could have ended his life. I saved him! In recent days, I have been studying issues such as possibly lifting sanctions, which could have given Iran a better chance for a comprehensive and rapid recovery – the sanctions are causing severe damage! But instead, what I received was a statement full of anger, hatred, and disgust, so I immediately stopped all work on lifting sanctions. Iran must reintegrate into the world order, or their situation will only get worse. I hope the Iranian leadership understands that honey often works better than vinegar."

According to a report by Jinse Finance and CCTV News, Russian President Putin stated on June 27 local time that Russia and Ukraine are negotiating to seek a path to reconciliation. The heads of the delegations from both sides are consulting on the possible dates for a new round of talks. Furthermore, the draft memo on resolving the conflict between Russia and Ukraine should become a topic of discussion in the third round of negotiations. Putin stated that Russia is prepared to transfer the remains of 3,000 Ukrainian soldiers back to Ukraine. The exchange of detained individuals between Russia and Ukraine will continue, creating conditions for substantial negotiations. He also mentioned that both sides will maintain contact after the actions. Putin expressed that he is open to engaging with U.S. individuals, including Trump. He acknowledged the sincerity of the U.S. president in mediating the Ukraine crisis and agreed with Trump's viewpoint that meetings would elevate cooperation to a new level. Putin stated that the prospects for economic cooperation between Russia and the U.S. are promising, and American companies are showing intentions to return to Russia.

BlockBeats news, on June 28, U.S. President Trump stated, "We can extend or shorten the deadline for the tariff agreement on July 9." (Jin10)

Golden Finance reports that U.S. President Trump stated that the July 4th deadline is important when it comes to the tax and spending bill, but it is not the "finish line." Currently, there is significant pressure to approve the bill, and while the July 4th deadline is very important, it can be extended to after August if necessary.

Golden Finance reported that U.S. President Trump stated: If Iran continues its enrichment activities, it may reconsider airstrikes against Iran.

BlockBeats news, on June 28, U.S. President Trump stated that Digital Money is a very interesting thing, and we have built a very strong industry. (Jin10)

Golden Finance reports that U.S. President Trump stated: Iran wants to meet, I do not believe Iran will restart its nuclear program in the near future.

According to BlockBeats news, on June 28, U.S. President Trump stated that he is promoting a trade agreement. At some point next week, he will send letters to various countries informing them of the tariffs they must pay. (Jin10)

Jin10 Data, June 27 - U.S. Energy Secretary Granholm, when asked about the U.S. "maximum pressure" campaign against Iran, skirted the issue and shifted focus to seeking a peace protocol. During the interview, Granholm was asked whether "maximum pressure" is still within the U.S. government's considerations. Granholm responded, "The goal now is certainly to reach a peace protocol. There is currently no active discussion on the maximum pressure issue, but the situation remains dynamic." She said the message the government wants to convey is "business, not conflict." Trump had indicated that he might be prepared to ease the "maximum pressure" on Iran, which could undermine a core policy of his first term. He stated in May, "It must stop, it must stop now!" all purchases of Iranian oil and petrochemical products.

DWF Ventures revealed that over 40 billion dollars flowed into Crypto Assets treasury strategies over the past year, with 14 publicly listed companies confirming the adoption of this strategy, holding Crypto Assets exceeding 76 billion dollars, including TSL and GameStop.

According to Gate News bot, four insiders revealed that the Trump administration is preparing a series of executive measures aimed at driving the expansion of artificial intelligence in the United States.

Jin10 data reported on June 27 that Mark Dowding, Chief Information Officer of BlueBay, stated in a report that concerns about long-term bond yields will persist as the U.S. budget is expected to be finalized within the next month before Congress goes into recess. The pressure to reach an agreement in the coming weeks means that compromises will be made within the Republican Party. Even accounting for $250-300 billion in tariff revenue, the fiscal deficit rate will still remain around 7% of GDP. "Concerns about the rising levels of U.S. debt are unlikely to ease in the short term." BlueBay believes that the Trump administration will not implement tax increases or substantial spending cuts, and the only possibility of reducing the deficit lies in significantly lower borrowing costs.

According to Gate News bot, CoinDesk reports that the XRP price volatility indicator has fallen to its lowest level since President Donald Trump won the U.S. election in November. Nevertheless, it has not yet reached a level that historically indicates a strong directional trend. According to data from TradingView, the 30-day annualized actual volatility of XRP (an indicator measuring the extent of price fluctuations over the past four weeks) recently dropped to 44%, the lowest level since early November. This decline marks a significant drop in the XRP price compared to the over 150% highs in December and March.

Gate News bot news, due to the Israel-Iran ceasefire suppressing safe-haven demand, while investors await the US PCE data, gold prices fell on Friday and are set to record a second consecutive week of decline.

PANews June 27 news, the listed company Mullen Automotive announced on June 26 that it will now accept cryptocurrencies including Bitcoin and $TRUMP Meme coin for purchasing its Mullen and Bollinger brand commercial electric vehicles.

Jin10 data June 27 - In the forex options market, the euro's volume exceeded $56 billion on Thursday, setting a staggering record. This further indicates that investors are betting that the euro may continue to pump. Data shows that forex traders are focusing on euro call options, with the contract volume betting that the euro will break through the 1.20 level against the dollar rising over the past week. This suggests that as trade wars and deepening fiscal concerns weaken dollar demand, new funds are flowing into bullish euro strategies. Shoki Omori, chief strategist at Mizuho Securities in Tokyo, stated that euro long positions are moving forward at full speed, which is reflected in the current options market. If Trump really shuts down trade, the eurozone will become the largest economy outside the United States, and investors will be looking to invest in euros. Antonio Ruggiero, a strategist at forex and global payments company Convera, noted that geopolitical tensions and their traditional hedges.

According to news from the Gate news bot, Tiina Lee, the head of Citigroup in the UK, stated at TheCityUK annual conference that as the Crypto Assets market develops, regulators should re-evaluate the current "restrictive" policies on banks holding encryption assets. She pointed out that the upcoming global regulations require banks to allocate a 1250% risk weight for encryption assets, meaning that for every £100 of Crypto Assets held, banks must reserve £125 of capital. This requirement essentially hinders regulated institutions from participating in the market.

Gate News bot reports that according to FXStreet, the US Dollar Index (DXY) is an index that measures the value of the dollar against a basket of six major currencies. During the Asian session on Wednesday, the index continued to maintain a defensive position, reporting around 97.25, which is the lowest level in three and a half years.

Gate News: Today, the crypto market shows new dynamics. How will the market trend in the future? The key points of major coins performance are as follows: 1. Bitcoin reduces losses caused by geopolitical tensions and re-tests the resistance level of $108,000; 2. Investors turn their attention to the divergence between Trump and Powell, as well as concerns about the independence of The Federal Reserve (FED); 3. Against the backdrop of stability in the derivatives market and a recovery in open interest, Ethereum and XRP continue to rise. Bitcoin (BTC) extends its rise, briefly breaking through the resistance level of $108,000, and then pulling back to around $107,356 at the time of writing, due to concerns about the independence of The Federal Reserve (FED) and increasing investor interest in digital assets. Major alts, including Ethereum (ETH) and Ripple (XRP), are gaining bullish momentum, supporting a surge in investor interest.

According to a report from the Associated Press (AP News) via the Gate News bot, there has been an increase in activity at Chinese ports since U.S. President Donald Trump and China agreed to restart trade negotiations and delay imposing heavy tariffs on each other's exports. The same is true for inland ports along the Yangtze River in China.

Gate News bot reports that, according to Bloomberg, China's industrial enterprises experienced the largest decline in profits since October, indicating signs of economic weakness in China due to the impact of increased U.S. tariffs and ongoing Deflation pressures.

According to Gate News bot news, as reported by CoinGape, President Trump's AI and Crypto Assets expert David Sacks thanked Senator Tim Scott and Cynthia Lummis for establishing a clear timeline. Both of them are leading the Senate's digital asset policy work. Their current goal is to complete the market structure bill by the end of September.

Gate News bot message, last week, Senate Banking Committee Chairman Tim Scott commented on President Donald Trump's support for the Stablecoin Act (GENIUS Act, S. 1582). The bill aims to establish a federal regulatory framework to promote stablecoin innovation. The bill was passed by a Senate vote last week, with 68 senators voting in favor and 30 senators voting against. Only two Republicans voted against the bill, which received strong bipartisan support. The bill is currently awaiting a vote in the House of Representatives.

According to Gate News bot, Reuters reports that investors indicate a gap between the Federal Reserve's expected interest rate level at the end of 2026 and the larger cuts anticipated by financial markets. This is partly due to expectations that U.S. Central Bank Chairman Jerome Powell will be replaced by a more moderate figure next year.

Gate News bot reported that, according to Bloomberg, U.S. Commerce Secretary Howard Lutnick stated that the United States and China reached a trade understanding in Geneva last month, adding that the White House is about to reach agreements with 10 major trading partners.

According to Gate News bot, a lawyer for the Trump administration told a judge on Thursday that the Trump administration plans to deport immigrant Kilma Abrego for the second time, but does not intend to send him back to El Salvador, where he was mistakenly deported in March.