Crypto浪潮

According to reports, the U.S. Department of Justice on Monday requested that the U.S. Court of Appeals for the Federal Circuit extend the stay on the enforcement of the previous tariff invalidation ruling made by a lower court on May 28.
The US government stated that this ruling undermines the president's ability to execute foreign policy. The Federal Circuit Court can now determine at any time whether to suspend the order during the appeals process, which may take several months.
The U.S. government also stated that it would appeal to the U.S. Supreme Court if the appeals court lifts the current stay.

According to Bloomberg's senior ETF analyst Eric Balchunas, BlackRock's ETF total volume is about to surpass State Street Bank, making it the number one in ETF total volume. This will be a significant disruption, as State Street Bank has held the top spot since day one in 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard Group in terms of asset size.

Due to the tense relationship between Elon Musk and President Trump, Morgan Stanley is expanding its list of investors to raise more buyers for the $5 billion bond issuance for its agency xAI. The initial phase of the deal attracted over $3.5 billion in subscription, and the market originally expected it to be oversubscribed, but as of this Monday, demand barely reached the target level. To stabilize the deal's progress, Morgan Stanley began contacting smaller lending institutions that were not invited to participate earlier, reflecting a potential subtle shift in investors' attitudes towards Musk's projects due to political factors.

Trump announced the "Trump Savings Account" during a meeting with several CEOs, as one of the key proposals for his second term. This account will provide investment opportunities for children born in the United States, allowing parents to save additional funds annually, which will be distributed when the child reaches adulthood. Major companies are expected to jointly invest to support this initiative.

Wedbush analysts pointed out that Apple's rollout of artificial intelligence is slower than expected, but it is about to enter a profitable phase. The new operating system update will lay the groundwork for this, with 25% of the population expected to engage with artificial intelligence through Apple devices in the future. Additionally, Siri is expected to undergo significant updates integrating with Gemini and ChatGPT.

According to market news, the Plasma project completed a $500 million token sale subscription within minutes.

Telegram founder Pavel Durov posted on his personal channel that "the prices of Collectible Gifts on the Telegram platform have risen significantly over the past 30 days, propelling TON to become the blockchain with the highest average daily on-chain trading volume for NFTs, second only to Ethereum when excluding off-chain transactions."