JUST IN:🇺🇸 President Trump's Director of Digital Assets says passing the crypto Genius Act means the US is "securing dollar dominance and unlocking innovation."
According to BlockBeats, on July 18th, according to Onchain Lens monitoring, trader AguilaTrades' 15 times Ethereum short order had a floating profit of over $1.8 million, with a liquidation price of $3878.6. The current position size is 169932822.55 US dollars, with an opening price of 3588.48 US dollars.
In addition, its 20 fold Bitcoin short position at $117871.9 has also gained $200000, with a liquidation price of $146820.
According to Lookonchain monitoring, Whale Address 0x9684 has just withdrawn 19550 ETH (approximately $70.7 million) from FalconX, bringing its total withdrawal volume for the past week to 122691 ETH (approximately $443.68 million).
According to Golden Finance, Bo Hines, Executive Director of President Trump's Digital Asset Advisory Council, posted on social media that "this afternoon, President Trump will sign the GENIUS Act, the most milestone cryptocurrency legislation in American history. By doing so, we are ensuring the dominance of the US dollar, unleashing innovation, and enabling the United States to permanently control the future of digital finance
According to BlockBeats, on July 18th, the Federal Reserve's Gulsby stated that the latest consumer price index data showed that tariffs were pushing up commodity inflation, and they were "slightly concerned" about this.
I am saddened to see the debate about the independence of the Federal Reserve. Interest rates are expected to significantly decrease in the coming year