【AiCoin丨8.18 Snapshot: Whales Accumulate Coins, Treasury Yield Hits New High, Stablecoin License Approved】

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20 hours ago

1. The 60-day ceasefire agreement between the US and Iran has expired, disrupting traffic in the Strait of Hormuz

The 60-day ceasefire agreement between the United States and Iran expired today, disrupting traffic in the Strait of Hormuz.  -Original

2. US Treasury Secretary Scott Bentsen announces acceleration of GENIUS Act implementation

US Treasury Secretary Scott Bentsen announced that the Treasury is accelerating the implementation of the GENIUS Act and stated that the United States needs to maintain its status as a global cryptocurrency center.  -Original

3. Bank of America strategist Hartnett: US debt approaching $40 trillion, recommends going long on gold

Bank of America Chief Investment Strategist Michael Hartnett pointed out that the scale of US national debt is approaching $40 trillion, with interest expenditures reaching $1.4 trillion over the past 12 months. He recommends going long on gold and suggested shorting AI bonds due to over $1 trillion in capital expenditures by AI companies requiring large-scale debt issuance. The market needs to pay attention to the Federal Reserve’s policy direction.  -Original

4. US Office of the Comptroller of the Currency grants conditional approval for World Liberty Financial trust license, allowing issuance of USD stablecoins and custody of digital assets

According to Cointelegraph, the US Office of the Comptroller of the Currency (OCC) has granted conditional approval for World Liberty Financial's charter application, allowing the company to issue USD stablecoins and custody digital assets. Ten Democratic senators signed a bill aimed at preventing corruption in bank applications, known as the "End Presidential Bank Corruption Act." The Trump family holds 38% of World Liberty Financial, while an UAE investor holds 49% equity.  -Original

5. Wall Street opposition leads to stagnation of SEC's cryptocurrency fundraising framework

Opposition from Wall Street has led to the stagnation of the SEC's proposed cryptocurrency fundraising framework.  -Original

6. US 30-year Treasury yield hits a new high in over 19 years

The yield on the US 30-year Treasury has reached its highest level in over 19 years.  -Original

7. Philippines proposes bill to purchase 10,000 Bitcoins to establish strategic reserves

The Philippines has proposed a bill to purchase 10,000 Bitcoins and establish strategic reserves, stating that the compound annual growth rate of BTC is approximately 40%, and the establishment of BTC reserves has made progress globally.  -Original

8. Bitwise CIO Matt Hougan: White House cryptocurrency meeting has a favorable attitude toward Bitcoin

Bitwise CIO Matt Hougan stated that the White House's cryptocurrency meeting has a favorable attitude toward Bitcoin and is optimistic about the market outlook by the end of the year.  -Original

 

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

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