President Trump said he will protect the position of the US cryptocurrency industry

According to XRP Ledger developers, on May 27th, XRP Ledger developers submitted a draft amendment called "AMM Swappable Curves", which plans to introduce three types of switchable curves for XRPL native automatic market makers: constant product, concentrated liquidity, and StableSwap. Programmable Smart AMM will also be added in the future. The existing AMM pool will continue to use the current constant product model without migration. Currently, there are over $3 billion worth of tokenized real-world assets on the XRPL chain, but the proposal is still in the draft stage and needs to go through the XRPL amendment voting process, which may take several months and the outcome is uncertain.

According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve keeping interest rates unchanged until June is 99.2%, and the probability of cutting interest rates by 25 basis points is 0.8%. The probability of keeping interest rates unchanged until July is 88.6%, the probability of raising interest rates by 25 basis points is 11.3%, and the probability of lowering interest rates by 25 basis points is 0%.

According to on chain data, a "mysterious person" sent 107 BTC worth approximately $8.2 million to a Bitcoin destruction address through 5 transactions.

According to The Wall Street Journal, US Trade Representative Greer said on Tuesday local time that President Trump's 10% global tariff may be re imposed after it expires in July. The tariff is levied under Article 122 of the Trade Act of 1974, with a maximum duration of 150 days, and was originally planned to be replaced by a new tariff after its expiration in July. Greer said that the regulations do not specify whether the president can restart tariffs after expiration, but there may be relevant powers. He did not specify whether the government would seek to extend tariffs, but said it was "unimaginable" for Congress to restrict the president from using that power only once per term.

President Trump stated that he will not let other countries replace the United States as the "global capital of Bitcoin and cryptocurrency," emphasizing that this is an important industry that must be protected. （Watcher.Guru）