Trump is Disappointed with Brazil's Action and Trade Negotiations

July 13th - The fintech company Yuxin Technology recently stated during an on-site visit to an institution that in the payment field, especially in the retail payment scenario, the company believes that stablecoins, as a new type of asset product, need to be deeply integrated into daily economic life in order to sustain their development. The continuous expansion of their use cases and circulation channels will directly enhance the product's ecosystem value and liquidity. Essentially, as a product with monetary attributes, the richer the stablecoin's ecosystem, the stronger its market vitality. With this understanding, the company has been conducting relevant research since last year and is actively exploring the introduction of stablecoins into daily retail life scenarios.

On July 13th, according to data from Coinglass, the total liquidation within the past 24 hours reached $187 million. Among them, there was $63.32 million in long liquidations and $123 million in short liquidations.

July 13th. Dan Mullaney, who used to be the Assistant U.S. Trade Representative for Europe and the Middle East, expressed his belief that Trump's message to the European Union was intended to prompt the EU to reach a more favorable deal. In May, Trump had previously threatened to impose a 50% tariff on the EU, and this move seemed to accelerate the negotiation process. However, Mullaney pointed out that this letter might inspire those within the EU who are inclined to take retaliatory measures, as they think the U.S. is not truly committed to reaching an agreement. He stated, "These individuals will feel that their viewpoints are reasonable." (FXStreet)

On July 13th, according to EmberCN's monitoring, 20 minutes ago, the investment fund of the 1inch team sold 904,000 1INCH tokens on-chain at a price of $0.33 and converted them into 298,000 USDC. Just 3 hours ago, they also transferred in 2 million USDC to Binance. "It is worthy of attention whether they will continue to sell and withdraw 1INCH from Binance in the future."

July 13th - Former Fed Governor Warsh expressed that the Fed should now reduce interest rates. When offering his remarks on the renovation of the Fed building, he stated that it was extremely astonishing. (Xinhua Finance)

On July 13th, based on HTX market data, PENGU has surpassed $0.03. Its market capitalization has reached $17.52 billion, and it has witnessed a 24-hour price increase of 35%.