AiCoin Daily Report (June 30)

1. Trump claims that the Federal Reserve (FED) has stupid people.

Odaily Planet Daily News - US President Trump stated that there is a stupid person at The Federal Reserve (FED). -Original text

2. AguilaTrades increased its holdings by 2201 BTC, worth $238 million.

AguilaTrades has increased its Bitcoin long position to 2,201 BTC, worth approximately $238 million, after James Wynn closed his Bitcoin short position and opened a Bitcoin long position. -Original text

3. Bhutan currently holds about 12,000 BTC, accounting for 40% of its GDP.

Odaily Planet Daily News: Bhutan is using mined Bitcoin to offset the decline in tourism revenue and fund government spending. The country now holds about 12,000 BTC, which accounts for 40% of its GDP, making it the third country in the world by Bitcoin reserves.

4. Robinhood will announce major news regarding its crypto business today.

Odaily Planet Daily News Vlad Tenev, co-founder of Robinhood, mentioned in a post on X that the company will announce important news related to its crypto business on June 30 at 5 PM Central European Time (11 PM Beijing Time). According to the official announcement, this event will reveal "exciting" news from Robinhood Crypto.

5. Lakala announces focus on stablecoin issuance opportunities

Odaily Planet Daily reported that in response to investors' questions regarding stablecoins, Lakala stated on the interactive platform that the company values the application of blockchain technology represented by digital currencies in cross-border scenarios and maintains communication with the Hong Kong Monetary Authority, paying attention to the opportunities for stablecoin issuance.

6. The SUI token will be unlocked next week, with a value of approximately $120 million.

Next week, 2 crypto projects will unlock tokens, releasing a total value of approximately $170 million. On July 1, SUI will unlock about 44.47 million ( worth approximately $120 million ), accounting for 0.445% of the total supply; on July 2, ENA will unlock about 170 million ( worth approximately $45.59 million ), accounting for 1.146% of the total supply. -Original text

7. The Secretary for Financial Services and the Treasury of Hong Kong emphasizes that stablecoins are a tool for financial development.

Odaily Planet Daily reports that the Secretary for Financial Services and the Treasury of Hong Kong, Hui Ching-yu, stated today (29th) on a television program that digital assets are the trend of the future, emphasizing that stablecoins are not tools for wealth creation or making money, but rather tools for financial development. Hui Ching-yu noted that currently, financial activities are conducted through various intermediaries or institutions, and the circulation of stablecoins on the blockchain helps improve the efficiency and speed of financial activities, making the real economy more efficient. When asked about the potential weakening of international currency sovereignty by stablecoins, Hui Ching-yu stated that the government fully understands the associated risks, has a clear regulatory concept, requires stablecoin issuers to have a certain amount of capital or reserves, and regulates the redemption time of stablecoins to ensure that buyers or institutions can redeem their currency.

8. StarkWare Co-founder: It would be very sad if Bitcoin becomes a stagnant asset for the wealthy.

Eli Ben-Sasson, co-founder of StarkWare, tweeted, "If Bitcoin becomes a rigid asset held only by a few wealthy individuals, while others can only access it through TradFi's ETFs, that would be very sad. To avoid this situation, we need to enable Bitcoin's scaling through OP_CAT or other soft forks." - Original text

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