News

1: The Federal Reserve kept interest rates unchanged as expected; 2: Federal Reserve FOMC statement: Out of 18 FOMC participants, 9 project a rate hike in 2026; 3: Ansem: Bullish on SpaceX to become the world's top by market cap, but warns of potential selling pressure from the August share unlock; 4: Bipartisan US lawmakers jointly proposed a bill to prohibit granting presidential pardon or sentence reduction to SBF; 5: "White-haired stock god" Serenity: Bullish on early-stage explosive growth in robotics; would go long on green harmonics if in China; 6: Illinois signed a 0.2% crypto transaction tax, which the industry calls one of the most anti-crypto laws in the US; 7: SPCX has become one of the highest-volume markets on HIP-3, with trading volume exceeding $1.125 billion; 8: BlackRock Bitcoin income ETF controversy heats up: possible flaws in strategy design, long-term may underperform BTC; 9: US Department of Justice seized approximately $9 million USDT in connection with a "pig-butchering" crypto scam network; 10: Revolut obtained a license from the Central Bank of the UAE, will enter the Middle East market and prepare for localized launch; 11: AI fintech compliance infrastructure Flagright completed $12.5 million Series A funding, with participation from YC and others; 12: Stablecoin payment infrastructure Trace Finance completed $32 million Series A funding, led by CoinFund.

The main rebar futures contract fell by 1.01% during the day, closing at 3,129 yuan per ton.

The largest fluctuation was seen in the 2-week CNY HIBOR rate, which rose by 5 basis points. As shown in the updated data, the overnight onshore RMB HIBOR is at 1.45%, up by 1 basis point; the 1-week rate is 1.47%, up by 3 basis points; the 2-week rate is 1.49%, up by 5 basis points; the 1-month rate is 1.57%, up by 1 basis point; the 2-month rate is 1.60%, up by 1 basis point; the 3-month rate is 1.63%, up by 2 basis points; the 6-month rate is 1.63%, down by 1 basis point; the 9-month rate is 1.65%, down by 1 basis point; and the 1-year onshore RMB HIBOR is at 1.67%, down by 1 basis point. BP = basis point.