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In Brief USDHL, developed by Native Markets, launched on Hyperliquid with strong initial trading. The stablecoin is backed by cash, U.S. Treasury securities, and issues on HyperEVM. USDHL aims to retain liquidity and support ecosystem growth within Hyperliquid.





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How to build an all-weather cryptocurrency investment portfolio in both bull and bear markets?

Crypto is never about belief; it's merely a footnote to the cycle.
- 01:24Federal Reserve's Daly: Further rate cuts may be necessaryJinse Finance reported that San Francisco Federal Reserve President Mary Daly stated on Wednesday that she "fully supports" the Fed's decision to cut interest rates last week and indicated that further rate cuts may be needed in the future. Speaking about last week's rate cut, Daly said: "Economic growth, consumer spending, and the labor market have all slowed, while inflation has risen less than expected, mainly still concentrated in industries directly affected by tariffs. Economic risks have shifted, and it is time to take action. Looking ahead, further policy adjustments may be necessary to restore price stability while providing the necessary support for the labor market." However, she added that the Fed's forecasts are not commitments, and its goal remains to maintain maximum employment and price stability. Daly previously stated that two 25-basis-point rate cuts this year are a reasonable forecast, and on Wednesday she did not update this view.
- 01:24Paxos newly mints 150 million PYUSD on EthereumAccording to Jinse Finance, Whale Alert monitoring shows that about 4 hours ago, Paxos minted an additional 150 million PYUSD on Ethereum.
- 01:24Trump's Attitude Towards Ukraine Shifts Dramatically; Analysis Suggests Only a Change in Rhetoric, Not PolicyAccording to a report by Jinse Finance, an analysis by The Wall Street Journal stated that Trump praised the performance of the Ukrainian military at the United Nations General Assembly on Tuesday and mocked Russia's military efforts. However, half a year ago, he told Zelensky that "you do not have the advantage" in the war against Russia. U.S. officials said that Trump's move was partly intended to pressure Putin into reaching an agreement, as there has been little substantive progress toward a ceasefire since last month's "Putin-Trump meeting" in Alaska. Sources familiar with the matter said that Trump has recently been spending time with U.S. officials who have long advocated for a tougher stance on Ukraine, and they pointed out that Russia has made little progress in recent years. Trump was also informed that a planned Ukrainian offensive would require U.S. intelligence support. Officials said that Trump has only changed his rhetoric for now, not his policy. He is still approving arms sales to Ukraine but restricts Ukraine from using U.S.-made weapons to attack Russian territory. It is still unclear whether Trump's change in tone will translate into a policy shift.