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Cointime June 22th News Express

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  • Putin: Russia "supports" Harris, calls her smile "contagious"

    According to foreign media such as TASS and Russia's Sputnik News, Jinse Finance reported that on the afternoon of September 5th local time, Russian President Putin said at the plenary session of the Eastern Economic Forum 2024 that Russia will "support" the US Democratic Party presidential candidate and vice president Harris as recommended by the US President Biden in the upcoming US presidential election. When asked how he viewed the 2024 US election, Putin said it was the choice of the American people. The new US president will be elected by the American people, and Russia will respect the choice of the American people. Putin also said that just as Biden suggested his supporters to support Harris, "we will do the same, we will support her." The report said that Putin also joked that Harris' laughter is "expressive and infectious," which shows that "she is doing everything well." He added that this may mean that she will avoid further sanctions against Russia.
  • Federal Reserve Beige Book: Respondents generally expect economic activity to remain stable or improve

    The Federal Reserve's Beige Book pointed out that economic activity in three regions has slightly increased, while the number of regions reporting flat or declining economic activity has increased from five in the previous quarter to nine in this quarter. Overall employment levels remain stable, although some reports indicate that companies are only filling necessary positions, reducing working hours and shifts, or reducing overall employment levels through natural attrition. However, reports of layoffs are still rare. Generally speaking, wage growth is moderate, and the growth rate of labor input costs and sales prices ranges from slight to moderate. Consumer spending has declined in most regions, while in the previous reporting period, consumer spending remained stable overall.
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  • Sun Yuchen's two addresses received a total of 19,566 ETHFI 15 minutes ago

    According to ai_9684xtpa monitoring, 15 minutes ago, Sun Yuchen's two addresses received a total of 19,566 ETHFI (Season 2 airdrop), worth $47,000. Previously on June 17th, Sun deposited 3.45 million ETHFI airdrop tokens, worth $12.25 million, into the exchange after unlocking them linearly for three months. Currently, these two addresses are still staking 63,889 ETH, worth $223 million, in ether.fi.
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    1. Biden-related Meme Coin BODEN has dropped 6.5% in the past 24 hours
  • Sun Yuchen's Ethereum holdings are about to exceed 700,000

    As of December 26, 2023, Sun Yuchen's associated addresses have bought approximately 421,800 ETH (equivalent to $1.267 billion) through 5 different addresses in this bull market, with an average price of about $3,006.In addition to his previous holdings, Sun Yuchen's total ETH holdings through multiple addresses have reached 698,700 (equivalent to $2.215 billion). Most of them (646,900) are deposited in major staking/re-staking platforms to earn income.These 646,900 ETH earned through staking/re-staking platforms could earn interest income as high as $180,000 (56.7 ETH) per day, even calculated at the current ETH PoS staking rate of 3.2% annualized.