News

BlockBeats News, June 1st. According to Bitget market data, during the US stock after-hours trading, an exchange's shares (IBM.US) continued its surge by over 11%, following a nearly 13% jump in the previous trading day. This strong performance was boosted by the endorsement of "Stock God" Trump. Recently, a video clip resurfaced from a December meeting in the White House where Trump praised an exchange's CEO Arvind Krishna, stating that the company's stock price had risen from a low level to a decent level and predicting it would "go up even more." Fast forward to May 21st, the company received a $1 billion CHIPS Act quantum chip factory subsidy from the US Department of Commerce. Benefiting from this news, the stock price has been on the rise for a week, nearing its historical high. It is worth noting that Trump not only verbally praised the company but also quietly bought a small amount of its stock. In a recently disclosed financial disclosure document (Quarterly Transaction Report for the first quarter of 2026) from the US Office of Government Ethics (OGE) Form 278-T, it was revealed that the Trump Trust purchased a portion of the stock on March 21st, albeit the amount was not significant, falling in the range of $15,001 - $50,000.

ChainCatcher News, according to Bloomberg, European Central Bank Executive Board member Isabel Schnabel stated that stablecoins pose multiple risks to financial stability and monetary policy, and the best way for the ECB to respond is to ensure that public money continues to serve as the anchor of the system. She pointed out that while private monetary innovations like stablecoins can bring "significant benefits," they may also increase the risk of bank runs within the financial system, weaken the transmission of interest rate decisions, and reinforce the international dominance of the US dollar. Schnabel emphasized that the ECB's strategy relies on the digital euro as the retail central bank digital currency, and on tokenized central bank money as wholesale CBDC. She stated that many advantages of stablecoins come from their underlying technology, rather than the properties of the instrument itself. The day before Schnabel's speech, Federal Reserve Board member Waller said that the global spread of stablecoins could expand the influence of the US central bank's policy, and questioned CBDCs, calling them "a stupid thing."

Bitget-XAUT/USDT perpetual contract is currently quoted at $4522.50, with a 24-hour increase of 0.03%. Please pay attention to subsequent price changes.