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The improvement in US-China relations is driving the market to pump, and the Fed may reconsider the monetary policy framework. Recently, talks between the United States and China in Switzerland achieved significant results, marking a new phase in the trade relationship between the two sides. This breakthrough quickly alleviated market concerns about trade friction, leading to a substantial rise in the US stock and cryptocurrency markets. Investors are now turning their attention to two key issues: the potential recession in the U.S. economy and when the Fed will begin to cut interest rates. Data on inflation and employment released this week shows that inflation continues to decline, the job market remains stable, and the impact of trade frictions seems to be less than expected. These unexpectedly strong economic data drove US stocks to rise sharply this week, while gold prices experienced a significant drop. Meanwhile, Fed Chairman Powell mentioned in an important speech that he might reconsider the "monetary policy framework," which could accelerate the arrival of the interest rate cut cycle. However, Moody's downgraded the US government bond rating from Aaa

The development and future of the Oracle Machine track: Finding the second rise curve The Oracle Machine is a service mechanism in blockchain systems used to bring off-chain data into smart contracts, serving as one of the cornerstones of the blockchain world. From the perspective of first principles, the core competitiveness of Oracle Machine projects mainly reflects in the following four aspects: the comprehensiveness and credibility of data acquisition, the acquisition of exclusive data and value capture, the security and decentralization of the verification mechanism, and the transmission efficiency and network robustness. It is expected that by 2030, the overall market size of the Oracle Machine sector should be between $13.8 billion and $23.1 billion. Chainlink is the absolute leader in the Oracle Machine track, with rich data sources and extensive project collaborations; Pyth has advantages in transmission speed and the acquisition of financial data; Redstone is currently the only Oracle Machine that has both Push and Pull pricing methods. In the future, the Oracle Machine will no longer

Hong Kong Legislative Council member Au Tak-gin stated that the gap between Hong Kong and Singapore in terms of cryptocurrency policy is only one or two years, and he advised users to choose exchanges cautiously. He is optimistic about the development of Web3 and called for accelerating stablecoin regulation, emphasizing that licensed exchanges should be trusted to prevent fraud.