News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Flash
- 21:32Head of SEC Crypto Unit: Stock Tokenization Remains Under Securities RegulationAccording to a report by Jinse Finance, Hester Peirce, head of the U.S. Securities and Exchange Commission (SEC) Crypto Special Unit and Commissioner, stated that tokenizing stocks and other assets does not change their fundamental nature and they must still comply with federal securities laws. Although Peirce has long supported crypto innovation, she emphasized that relevant market participants must strictly fulfill their regulatory obligations. This statement responds to calls from some industry insiders who hope to freely trade stocks and other assets on the blockchain, and serves as a reminder that digitalized assets are equally subject to regulatory frameworks.
- 20:47Federal Reserve Meeting Minutes: If Tariffs Lead to Higher-Than-Expected Inflation, Maintaining a Tighter Monetary Policy Stance Would Be AppropriateAccording to a report by Jinse Finance, the latest minutes from the Federal Reserve's June meeting indicate that participants noted it would be appropriate to maintain a tighter monetary policy stance if tariffs lead to higher-than-expected inflation that persists longer than anticipated, or if there is a significant rise in medium- or long-term inflation expectations, especially in the context of stable labor market conditions and economic activity. However, if labor market conditions or economic activity were to weaken substantially, or if inflation continues to decline and inflation expectations remain well-anchored, then adopting a less restrictive monetary policy stance would be appropriate. Participants also pointed out that if high inflation proves more persistent while employment prospects weaken, the committee may face difficult trade-offs.
- 20:42Institutions: AI Investment Slowdown Has Bottomed Out, Exchange Market Cap Surpasses 4 Trillion for the First TimeAccording to Jinse Finance, Nvidia's market capitalization has surpassed $4 trillion, making it the first company in the world to reach this milestone. Dan Morgan, Senior Portfolio Manager at Synovus Trust, stated that as a bellwether for AI capital expenditure, Nvidia's (NVDA.O) stock performance indicates that the slowdown in AI investment has bottomed out. The four major cloud computing giants—Amazon, Microsoft, Meta, and Alphabet—are expected to collectively invest over $330 billion in capital expenditures to build AI infrastructure in 2025, a significant 38% increase from the estimated $240 billion in 2024. The biggest uncertainty currently weighing on Nvidia's stock price is the potential slowdown in sales growth in the second half of this year, as customers transition from the Hopper series chips to the next-generation Blackwell chips.