Overview of Important Developments on June 7th at Noon
7:00-12:00 Keywords: US M2, Musk, Dollar
1. The People's Bank of China increased its gold holdings for the 7th consecutive month;
2. Musk hints at possibly establishing a new political party "American Party";
3. Crypto advocacy groups call for the dismissal of the case against Bitcoin mixing service Samourai;
4. Trump shares news that "Meme Coin TRUMP is a tracker of Trump's achievements";
5. Sources: Pump.fun considers distributing protocol revenue to PUMP token holders;
6. Eric Trump: World Liberty has partnered with TRUMP Coin, planning long-term acquisition of TRUMP Coin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US regulators postpone approval of AI chip rental price futures for at least 60 days

Federal Reserve Turns Hawkish Again! This Year's Voting Member Logan: At Least Two More Rate Hikes Needed, Pace May Accelerate
On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.

