US President Donald Trump is considering issuing an executive order requiring banks not to refuse services based on political stance or industry nature, including encryption businesses. This move is seen by the public as Trump's attempt to end 'Operation Chokepoint 2.0', the debanking action against the encryption industry. However, experts also warn that while Trump supports the encryption industry, the resistance of TradFi to this industry may continue until 2026.
Trump's executive order requires banks to stop Chokepoint 2.0
According to The Wall Street Journal, the Trump administration is considering using executive orders to prevent banks from cutting off financial services to certain "politically unpopular" industries, including startups in the technology sector and encryption companies.
This move is considered by long wick candle

> After breaking through the $3 billion mark, the Spot Ether ETF added $1 billion in just 15 trading days.

Source: cryptoslate
Compile: Blockchain Knight

On June 23, the listed Spot Ethereum ETF in the United States saw cumulative net inflows surpassing $4 billion, just 11 months after its listing.

These products were launched on July 23, 2024, and have seen a cumulative net inflow of $3 billion as of May 30 after 216 U.S. trading days.

After breaking through the $3 billion mark, the Spot Ethereum ETF increased by $1 billion in just 15 trading days, with its lifetime net inflows rising to $40.1 billion as of the close on June 23rd.

U.S. and U.K. regulators are accelerating unified oversight of digital assets, stablecoins, AI in finance, and cross-border innovation, reshaping global markets and fortifying financial stability.
US-UK Power Bloc Moves Aggressively on Digital Assets and Global Financial Stability
The U.S.

DAO-related social engagement surged 220% this week, with four tokens accounting for over 4.6M combined interactions.cnl-post
TAO and RARE drove niche discussions, while AAVE and CAKE spurred governance-focused conversations across DeFi communities.
The spike signals renewed interest in

Bitcoin has completed a clean corrective wave and now builds strength above one hundred three thousand dollars.
The wave three target is placed between one hundred fifteen thousand and one hundred twenty-seven thousand dollars.
Trendline and volume both align as Bitcoin tests resistance with the n

Author: Deng Tong, Golden Finance

On June 24, 2025, Trump posted on his social media platform 'Truth Social,' saying, 'Mr. Too Late' Federal Reserve Chairman Jerome Powell will explain to Congress today why he refuses to lower interest rates. Europe has cut interest rates 10 times, and we have done it zero times. No inflation, economic prosperity - we should lower by at least 2 to 3 percentage points. It would save the United States $800 billion per year.

How many times has Trump urged Powell to cut interest rates since taking office in January? Why does Trump urge? Why doesn't Powell cut interest rates?

How many times did Trump urge Powell?

On June 24, President Trump posted on his social media platform 'True Social' that 'Mr. Too Late' Jerome Powell, Chairman of the Federal Reserve, will explain to Congress today why he refuses to lower interest rates.

HomeNews Bernie Sanders warned that Artificial Intelligence (AI) and robotics may lead to significant job losses in the U.S.
The senator proposed policy measures such as a 32-hour workweek, universal basic income, and stronger protections for workers.
Sanders criticized technology company

The bank for international settlements (BIS) report pointed out that Stable Coin failed to pass the three key tests of singularity, flexibility, and integrity, making it difficult to become the core of a currency. (Background: Animoca Brands, Standard Chartered Bank, and Hong Kong Telecom are preparing for the issuance of Hong Kong Dollar Stable Coin for cross-border payments) (Background: Hong Kong's 'Stable Coin Regulations' fully explained: from definitions, regulatory framework, application qualifications to market impact) The Swiss bank for international settlements (BIS) released a report earlier, clearly stating that Stable Coin cannot pass the three key tests of 'singularity, flexibility, and integrity,' and is considered unsuitable as the core of a currency. The report pointed out that although Stable Coin has certain technological advantages, it may weaken financial integrity and national currency sovereignty. Stable Coin fails all three tests BIS report further explains that Stable Coin has inherent weaknesses in flexibility. Taking Tether (USDT) as an example, each