Odaily News According to official news, Binance Payment has launched two important upgrades: contact transfer and on-chain transfer. Among them: Contact transfer does not require entering a wallet address, email address or Binance ID, and you can quickly transfer cryptocurrency to your mobile phone contacts. There are more than 300 cryptocurrencies to choose from, and no gas fee is charged; On-chain transfer only requires scanning a QR code or taking a photo of a wallet address to easily transfer cryptocurrency on the chain. No manual input is required, and there is no need to go through tedious network operations.

Odaily News UBS Global Wealth Management said in a report that the United States' ability to repay its debts remains intact. UBS said it expects the U.S. House of Representatives to approve Trump's economic policy agenda, even though the nonpartisan Congressional Budget Office estimates that the bill will add $800 billion to the national debt over the next decade compared to the original House version. "But we believe that the United States still has the ability to manage its debt," UBS said. The report said the credibility of the Federal Reserve, the reserve status of the dollar, the depth and liquidity of the U.S. Treasury market, the Fed's balance sheet holdings, and bank capital supervision may all help fill the deficit. (Jinshi)

Odaily News ING analyst Turner said in a report that the upcoming U.S. non-farm payrolls report will play an important role in determining whether the recent downward trend of the dollar will continue further. Federal Reserve Chairman Powell believes that stubborn inflation and a solid labor market mean that interest rates should remain restrictive for now. "Any unexpected downside in the employment report will weaken his position and push the market to price in a rate cut at the July meeting." He said that unless the employment data is weaker than expected, the dollar may continue to consolidate before the U.S. holiday on July 4. (Jinshi)

Odaily News U.S. Treasury Secretary Benson warned America's trading partners not to extend trade talks, saying that if no progress is made, tariffs could rise back to April 2 levels. Benson revealed that he would meet with EU negotiators today. When asked about the outcome of the discussion, he simply said, "We'll see what happens with the EU." On the issue of U.S. debt, Benson expressed confidence in market demand. He said that "there is a lot of demand for U.S. Treasuries," and demand for U.S. Treasuries at home and abroad remains strong. He described the debt management process as "orderly." Benson also commented on interest rates, suggesting that "two-year Treasury bonds tell you that overnight rates are too high" and that "inflation expectations should fall back." He criticized the Federal Reserve, saying that the committee's judgment "seems a little bit biased." Regarding the operation of the Federal Reserve, Benson said that "it is good for the Federal Reserve to control spending" and that he hopes to "see the Federal Reserve reasonably adjust the size of the budget." When asked if he wants Federal Reserve Chairman Powell to resign, Benson declined to give a specific response. He pointed out that there are "a lot of strong candidates for Federal Reserve Chairman" and mentioned the possibility of "filling two Federal Reserve board positions next year." (Jin Shi)

Odaily News U.S. Treasury Secretary Benson said that economic growth is expected to exceed 3%. (Jinshi)

1. A New York law firm filed a class action lawsuit against Strategy, accusing it of misleading investors to disclose the profitability of its Bitcoin strategy; 2. MemeCore (M) has been launched on Binance Alpha; 3. China Asset Management Hong Kong: exploring the integrated application of stablecoins for payment, redemption, and asset management; 4. Speaker of the U.S. House of Representatives: The final vote on the "Big and Beautiful Act" will be held at 20:00 today; 5. Arthur Hayes: Stablecoins are a "new weapon" for finance, and may bring trillions of dollars of liquidity support to Bitcoin in the future; 6. Wallets suspected to be related to Matrixport have withdrawn more than 30,000 ETH in total; 7. Bitstamp, a subsidiary of Robinhood, has obtained a Singapore MAS license; 8. Binance Alpha has added a pre-detection mechanism for rush purchases, and face verification can be exempted within 30 minutes if the pre-detection is passed; 9. The "Insider Whale" once again lost $381,000 in liquidation, and the remaining short orders are still on the verge of liquidation; 10. GMGN launched a video version of the profit chart function, which supports the generation of MP4 format within 10 seconds; 11. The relevant application functions of the RealMint platform have been deployed and debugged and will be officially available for use in the near future.