Tariff Impacts Are Being Absorbed, While Ethereum Sees New Developments—Today's Top Crypto Headlines.
Federal Reserve's Waller: If Tariffs Cause Significant Economic Slowdown, Personally Inclined to Cut Rates Earlier and More Substantially
According to Jin10.com, Federal Reserve Governor Waller stated that the new tariff policy is one of the most significant shocks to the U.S. economy in decades. If the current average rate of 25% is maintained for a period, inflation could peak at around 5%; if reduced to 10%, inflation might peak at 3%. In a large-scale tariff scenario, if significant economic slowdown occurs, he is personally inclined to cut rates earlier and more substantially than previously thought. In a smaller tariff scenario, the Fed may be more patient, with rate cuts potentially occurring in the latter half of the year.
EU Suspends Retaliatory Tariffs on U.S. Goods Until July 14
According to Barrons, the EU announced it will suspend retaliatory tariffs on U.S. goods worth 21 billion euros until July 14, 2025. This move aims to create space for negotiations with Washington. EU Trade Commissioner Šefčovič arrived in Washington on Monday for talks with U.S. representatives, hoping to reach an agreement before the 90-day deadline. The European Commission stated that while it is still preparing responses to the U.S.'s 20% tariffs, Brussels clearly wants to avoid retaliatory actions, considering U.S. tariffs "unreasonable and harmful," potentially damaging both sides and the global economy.
Matrixport: Bitcoin Implied Volatility Rises, Tariff Signals Cause Market Uncertainty
According to Matrixport, despite major tariff events having passed, Trump's tariff rhetoric remains unclear, leading to sustained high Bitcoin implied volatility, nearly 20 points above recent lows. The market is pricing in this uncertainty, and Bitcoin traders need to remain cautious in a risk-heightened environment.
Bloomberg Analyst: Canada to Launch Solana Spot ETF This Week
Bloomberg analysts report that Canada plans to launch a Solana spot ETF this week. Canadian regulators have approved multiple institutions to issue spot Solana ETFs, including Purpose, Evolve, CI, and 3iQ, expected to go live this week. These ETFs will offer staking features through TD.
OpenSea Announces Solana On-Chain NFT Trading
According to official announcements, NFT trading platform OpenSea has opened Solana token trading features to some test users on its new OS2 platform and plans to gradually expand the user base in the coming weeks. OpenSea stated that Solana NFT trading features will also be introduced subsequently.
Metaplanet Becomes the Tenth Largest Bitcoin Holder
According to Bitcointreasuries, Metaplanet increased its holdings by 319 Bitcoins, rising to the tenth largest Bitcoin holder (among companies or governments), currently holding 4,525 BTC, valued at approximately $380 million.
Hong Kong Financial Secretary Paul Chan Mo-po: Actively Attracting Chinese Concept Stocks to List in Hong Kong
According to Morning Post, Hong Kong Financial Secretary Paul Chan Mo-po stated that he has instructed Hong Kong financial departments to actively attract Chinese concept stocks to list in Hong Kong. The Hong Kong government has established a regulatory framework favorable to overseas-listed companies for dual or secondary listings in Hong Kong, and has asked the Hong Kong Securities and Futures Commission and the exchange to prepare accordingly.
Previously, The Wall Street Journal reported that Chinese officials recently discussed with some domestic companies the possibility of delisting their stocks from the U.S., and U.S. Treasury Secretary Besant did not rule out pushing for the delisting of Chinese concept stocks from U.S. exchanges. Analysts believe this move will further solidify Hong Kong's position as the preferred listing venue for Chinese companies' stocks and bonds.
VC Practitioner Reveals: OM is a Ground-Pushing OTC Market
According to revelations by HashKey Capital member Rui and ArkStream Capital Founding Partner Ye Su on X, the cryptocurrency project MANTRA (OM) is a "ground-pushing OTC market," with an OTC scale of $500 million, operating in a cycle using "new OTC tokens to cover old OTC sell-offs" until the final unlocked chips "OTC remains unchanged" explode.
The revelations claim that in 2023, when the FDV of OM tokens fell to $20 million, nearly abandoned, a Middle Eastern capital intervened through intermediaries to acquire it, retaining only the CEO position. This Middle Eastern capital, possessing numerous luxury homes and resorts, subsequently packaged OM into a Real World Asset Tokenization (RWAfi) project for operation.
Ye Su stated that under high control, OM achieved Binance's highest growth rate in 2024, realizing a 200-fold increase, and the team is still promoting "OTC market" business recently.
Yi He: Binance Does Not Charge Listing Fees but Offers Different Types of Listing Airdrops
Binance Co-Founder Yi He stated that if a project wishes to list on Binance, it can allocate its budget to Binance Wallet IDO, Launchpool, or Mega Airdrop, as Binance does not charge listing fees.
Ethereum Foundation Member Releases Simplified Roadmap: Expand Blobs, Extend L1, Improve UX
Ethereum Foundation member joshrudolf.eth shared a simplified roadmap on X platform, including expanding blobs, extending L1, and improving UX (focused on L2 interoperability + application layer).
Additionally, Ethereum core developer Tomasz K. Stańczak posted on social media that Ethereum's secondary development focuses include minting assets on L1, winning the RWA market, the stablecoin market, improving communication and clarifying expectations, and significantly raising security requirements to support a trillion-dollar economy. In the long-term vision, Ethereum will focus on developing AI and autonomous protocol infrastructure, attracting autonomous machines to use the Ethereum network, enhancing privacy protection between individuals, and advancing the construction of an open-source society.
Data: Nearly Half of South Korea's "Crypto Whales" Are Investors Over 50
Story Protocol CEO Seung Yoon Lee stated that in South Korea, cryptocurrency is one of the few things that can unite both the elderly and the young.
According to data from South Korea's Dong-A Ilbo, the age structure of cryptocurrency investors in South Korea shows significant changes. Data indicates that the number of investors aged 50 increased by 56.4% year-on-year to 1.75 million; investors aged 60 and above grew from 371,800 to 636,700, an increase of 52.6%.
Notably, among those holding cryptocurrency assets exceeding 1 billion KRW (approximately "whale" investors), nearly half are over 50 years old.