Tether reveals partial investment portfolio: has invested in over 120 companies, with a focus on areas such as Bitcoin and payments

According to Golden Finance, US President Trump cited the cost of federal debt as a new reason to urge Powell to cut interest rates last month. But a new analysis shows that firing the Fed chairman and forcing him to lower interest rates is futile. Deutsche Bank's Chief US Economist Matthew Luzzetti and others wrote that replacing Powell would not change the Treasury's debt interest costs. Trump has repeatedly called for a 3 percentage point interest rate cut, stating that it will save over $1 trillion. However, according to the calculation of the team of Deutsche Bank, although the yield of short-term treasury bond bonds has declined, the yield of long-term treasury bond bonds has risen. This is because people worry that more obedience of the Federal Reserve will mean higher inflation. Specifically, if Trump fires Powell, the Treasury Department can only save $12 billion to $15 billion by 2027.

Billionaire venture capitalist Tim Draper first invested in bitcoin at $6 — and he’s still super bullish on the digital asset. We chatted about it last week.

On July 24th, according to Onchain Lens monitoring, WLFI, a cryptocurrency project under Trump, purchased 560.71 ETH using 2 million USDCs at a price of $3567 per coin.

BTC has risen, with a trading volume of $57.1 billion in the past 24 hours and a circulating market value of $2.34 trillion, representing a 1.41% increase in market value. Data for reference only

Bitget GRT/USDT perpetual trading volume surged 8 times in 10 minutes, with a turnover of $2.5 million in the past 24 hours, a decrease of 6.55% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally