Federal Reserve Governor Coogler: If inflation progresses as expected, it will support further interest rate cuts in the future

Gold prices reversed a downward trend on Monday as low buying followed trade developments and a flurry of economic data. Spot gold rose nearly 1% to $3,349 an ounce after falling 1.8% at one point. "We are starting to see the first signs that the selling momentum is drying up," said Daniel Ghali, commodity strategist at TD Securities, adding that downside risks to gold were extremely limited. "Western investors, especially independent traders or macro funds, were completely underweight during th...

Bitcoin (BTC) fell in early US trading, but was largely stable following the release of weak macroeconomic data. Bitcoin was trading at just under $95,000 late in the day, up 0.5% in the past 24 hours. The Dallas Fed Manufacturing Index plunged to -35.8, its lowest level since May 2020, reflecting major economic concerns stemming from Trump's tariffs. Meanwhile, hostilities between India and Pakistan may also have heightened market tensions.

Kaiko reported that the announcement of VIP dinner and meeting opportunities for holders of Trump's official memecoin triggered on-chain transfers of $2.40 billion, "the busiest day of the month for the token", with TRUMP prices rising 60% on the day, on-chain activity surging 200%, and recording "the highest single-day volume on a centralized exchange since mid-February".

The three major U.S. stock indexes closed up and down, with the Dow up 0.28%, the S & P 500 up 0.06%, and the Nasdaq down 0.1%. Large technology stocks rose and fell, Intel rose more than 2%, Apple, Tesla, Netflix, and Meta rose slightly; NVIDIA fell more than 2%, and Microsoft, Google, and Amazon fell slightly.

Fintech companies CompoSecure, Baanx, and MetaMask will launch MetaMask metal payment cards globally in the second quarter. The MetaMask Metal Card allows users to make payments directly from their self-hosted MetaMask wallet, without the need to pre-deposit, exchange cryptocurrencies for fiat, or rely on a centralized trading platform. All transactions are authorized in five seconds through smart contracts. Users are required to save their cryptoassets in an on-chain wallet on the Linea network...

According to foreign media reports, OpenAI has announced that users will soon be able to purchase products through ChatGPT. The launch of the shopping button for artificial intelligence search queries will be available to everyone, whether they are logged in users or not. It is reported that shoppers will not be able to checkout within ChatGPT, instead they will be redirected to the merchant's website to complete the transaction. Product recommendations shown to potential shoppers are based on C...

According to Politico, the US Republican Party seeks to limit the antitrust regulatory powers of the US FTC (FTC), transferring power to the Department of Justice.

The dollar index, which measures the greenback against major currencies, fell 0.46 percent on the day to close at 99.012 in late foreign exchange trading.

The US Treasury on Monday said it expects to borrow $514 billion net in the second quarter, up $391 billion from its February estimate, mainly due to a low cash balance at the start of the quarter and a lower forecast of net cash flow. The second-quarter financing estimate assumes a cash balance of $850 billion at the end of June, the Treasury said in a statement. Excluding the lower-than-expected cash balance at the start of the quarter, the second-quarter borrowing estimate is $53 billion lowe...

Spot gold broke through $3,350 an ounce, up nearly 1% in the day.

The market shows that ETH has broken through $1,800 and is now trading at $1,800.29. The 24-hour decline has narrowed to 0.16%. The market is volatile, so please do a good job in risk control.

Spot gold broke through $3,350 an ounce, up nearly 1% in the day.