AiCoin Daily Report (July 25)

1. U.S. President Trump stated that he has not pressured Powell, but there are already successor candidates attracting follow.

U.S. President Trump: Discussed interest rate issues with Powell, it was productive, and the atmosphere was not tense. Powell's relationship with Senator Scott is more strained. Dismissing Powell would be a significant move but is unnecessary. I already have candidates in mind to replace Powell, possibly three, and no pressure has been applied to Powell. - Original text

2. The probability of the Federal Reserve keeping interest rates unchanged in July is 95.9%, and the probability of a rate cut in September is 58.4%.

According to CME's "FedWatch": the probability that the Federal Reserve will keep interest rates unchanged in July is 95.9%, and the probability of a 25 basis point cut is 4.1%. The probability that the Federal Reserve will keep interest rates unchanged in September is 39.2%, the cumulative probability of a 25 basis point cut is 58.4%, and the cumulative probability of a 50 basis point cut is 2.4%. - Original text

3. The number of initial jobless claims in the United States fell to 217,000 last week, below expectations.

On July 24, the number of first-time applicants for unemployment benefits in the U.S. unexpectedly fell last week, indicating a stable labor market condition, although a slowdown in hiring has made it more difficult for many laid-off workers to find new job opportunities. Data released by the U.S. Department of Labor on Thursday showed that for the week ending July 19, the number of initial unemployment claims decreased by 4,000 on a seasonally adjusted basis to 217,000, unexpectedly below expectations. Since the initial claims peaked at an eight-month high in June, this data has shown a decline. The report also indicated that for the week ending July 12, the number of continuing unemployment claims increased by 4,000 on a seasonally adjusted basis to 1.955 million. Goldman Sachs economist Elsie Peng wrote in the report: "Looking ahead, we expect that as immigration continues to slow, the 'stability threshold' for job growth — that is, the monthly job additions needed to keep the unemployment rate stable — will gradually decrease from the current estimate of 90,000 to 70,000 by the end of 2025." -Original text

4. BlackRock has increased its holdings by over 1 million ETH in July, with total holdings exceeding 2.8 million.

According to official data, BlackRock has accumulated an additional 1,035,653 ETH (worth approximately $3.76 billion) since July 1. As of July 23, BlackRock holds over 2.8 million ETH (worth approximately $10.22 billion). -Original text

5. Tether minted 1 billion USDT on the Ethereum network.

On July 25, according to Whale Alert monitoring, Tether minted 1 billion USDT on the Ethereum network 3 minutes ago. -Original text

6. The supply of US stablecoins may temporarily increase to $75 billion due to the GENIUS Act.

Bank of America stated that with the passage of the GENIUS Act, the supply of stablecoins is expected to grow by $25 billion to $75 billion in the short term. The Act lays the groundwork for the regulation of stablecoins in the U.S. and promotes the development of related infrastructure and tokenized finance. Bank of America also noted that the banking industry is preparing to issue stablecoins through an alliance model, and this growth is expected to drive increased demand for U.S. Treasury bonds and facilitate the widespread adoption of digital assets. -Original text

7. The core administrator of the world's largest dark web platform XSS has been arrested, having been active in crypto crime for a long time.

The Chief Information Security Officer of Slow Fog Technology, 23pds, stated that the core administrator of the world's largest dark web crime platform XSS has been arrested. This platform has been active on the dark web for a long time and is one of the main trading venues for Stealer tools (information stealers) targeting the cryptocurrency industry. The suspect has been active for nearly 20 years, earning 7 million euros through cybercrime. The operation was led by France and supported by Europol.

8. Satsuma Technology raised $135 million to establish a Bitcoin treasury.

The London-based artificial intelligence company Satsuma Technology has raised £100 million (approximately $135 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK. The company stated that it has successfully completed fundraising exceeding the target amount and expects all committed funds to be in place within the next two weeks. If all funds are converted to Bitcoin, this acquisition will make Satsuma the second-largest corporate Bitcoin holder in the UK, behind The Smarter Web Company, which holds 1,600 BTC (worth approximately $190 million). -Original text

The above is a selection of hot topics from the last 24 hours. For faster news, please download AiCoin ()