Road King Company failed to pay the Interest on the "Road King 5.22029-07-12" US dollar bond within the stipulated time, resulting in a default. This bond amounts to 500 million dollars, with a remaining balance of 435 million dollars, the last payment date was July 12, and the latest payment deadline is August 12.

Odaily News "Bond King" Bill Gross made millions in 2021 by shorting GameStop and AMC, stating that GameStop's current performance no longer resembles a "meme stock" and instead is quite similar to BTC. From early January to early April this year, the price of Bitcoin fell, but it has now rebounded to above $110,000. GameStop announced its first purchase of Bitcoin at the end of May and currently holds approximately 4,710 Bitcoins, worth about $537 million. (BusinessInsider)

Golden Finance reports that "Bond King" Gundlach believes that Fed Chairman Powell should complete his term.

Golden Finance reports, "New Bond King" Gundlach: Still believes that the basic scenario this year is two interest rate cuts.

Jin10 data July 25 news, according to the Financial Times, U.S. President Trump arrived in Scotland on Friday to start a five-day golf trip, during which British Prime Minister Starmer will lobby Trump to accelerate the final protocol for reducing U.K. steel tariffs. According to British officials, Starmer is expected to meet with Trump next Monday, where he will advocate for a closer bilateral relationship, including reducing tariffs on Scottish whisky in addition to the steel tariffs. Trump's trip to the Scottish golf resort is a warm-up for his official state visit in September, during which he will stay at Windsor Castle with King Charles and Queen Camilla. Downing Street's current top priority is to facilitate the steel tariff protocol, and U.S. and U.K. officials have recently been discussing plans to break the deadlock.

Odaily News According to official news, stablecoin issuer Tether announced its sponsorship of the Thailand cybersecurity hackathon Cyber Warrior Hackathon, which is jointly hosted by King Mongkut's University of Technology Thonburi (KMUTT) and the Cyber Crime Investigation Bureau (CCIB) of Thailand.

Odaily News According to market data, the premarket price of PUMP on Hyperliquid briefly surged to 0.0097 USD, currently reported at 0.005 USD. Recommended reading: Pump.fun finally issues coin, with a total supply of 1 trillion coins, is the king of Meme here?

On Wednesday, the price of Ethereum surged over 7% from its intraday low, reaching the $2550 mark and successfully breaking through a key resistance level. This "king of altcoins" strongly rebounded from the $2380 support level, climbing all the way up to the $2585 area, setting a two-week high.

Jin10 Data, July 2 - Microsoft (MSFT.O) began notifying employees of layoffs in its gaming division on Wednesday morning, initiating a large-scale layoff process. According to insiders, the King division based in Barcelona will cut 10% of its workforce, amounting to approximately 200 jobs. This division is responsible for the Candy Crush game. Other European offices, such as ZeniMax, have also started notifying employees about the layoffs. It is expected that later on Wednesday, the U.S. branches will be informed of how many employees each office will lay off. As of January 2024, Microsoft’s gaming division has about 20,000 employees.

According to Gate News bot, as per the official announcement from Gate on June 27, 2025, Gate has delisted the trading markets for 28 tokens including DRINK, RBLS, OME, etc. The tokens that are being delisted include DRINK, RBLS, OME, FLASH, KING, LEMN, KUBE, MESA, KLAP, SPUME, TOX, GULL, ZONE, NSURE, EDG, BS, BBF, THEDON, VTS, GOLC, THG, KNFT, UMEE, KFC, BULLY, BERRY, MUC, and MNW. The USDT trading pairs for these tokens have all been halted. Gate has indicated that it has completed the repurchase of the relevant tokens for users who meet the requirements and submitted the form, and the repurchased amount has been credited to the users' accounts. The platform will no longer support the deposit and trading services for these tokens, and the withdrawal service will also be stopped soon.

Ukrainian President Zelensky met with King Charles and Prime Minister Starmer in the UK on June 23, thanking the UK for its support and discussing future cooperation directions, including strengthening political and diplomatic coordination, defense cooperation, and sanctions against Russia.

With the important progress of global crypto regulation, a number of listed companies have begun to actively get involved in the crypto field. In addition to the "king" Bitcoin, the top altcoins have also attracted the attention of many companies. As a rookie, Hyperliquid (HYPE) has quietly set off a "beach-grabbing landing war" of institutional funds. In just two days, two heavyweight listed companies have successively announced large capital pool plans, which has aroused great concern in the market. Key events at a glance:1. **Nasdaq-listed institutions lead the way:** On June 18, Nasdaq-listed **Lion Group Holding Ltd (LGHL)** announced the launch of a special fund pool of up to $600 million, with the goal of building "the world's largest hyperliquid." (HYPE) Pools". LGHL is not an ordinary enterprise, its main business is to provide a professional derivatives trading platform such as total return swap (TRS), CFD (CFD) and over-the-counter stock options. 2. **Medical technology giants take the lead in layout:** Just the day before (June 17), the American ophthalmic technology company **Eyenovia** also announced plans to invest **50 million** to launch the Hyperliquid funding strategy. Despite its small initial phase, Eyenovia's ambition to "become a core HYPE strategy holder" is just as compelling. 3. **"HY

Gate News bot message, the Hong Kong listed company MemeStrategy purchased a total of 2,440 SOL Tokens through the public market cryptocurrency trading platform on June 16, with a total investment amount of 2.9075 million HKD, and this investment was completed using the company's internal funds. Prior to this, 9GAG co-founder completed the acquisition of the Hong Kong-listed company Hoi King Technology Holdings and plans to rename the company to MemeStrategy, while also laying out a Bitcoin asset allocation, indicating that the company is positioning itself in the fields of encryption and Web3. Source: Wu Says

According to Gate News bot, as per the official announcement from Gate on May 30, 2025: Gate has announced the delisting of trading markets for 28 tokens. The tokens involved include USDT trading pairs for DRINK, RBLS, OME, FLASH, KING, and 24 other tokens. Gate will suspend trading services for these tokens, including spot trading, quantitative grid, Yubibao, and leveraged trading, on June 6, 2025, at 11:00 (UTC+8). After the trading suspension, Gate will continue to provide a withdrawal service for one month, until July 6, 2025. For users who still hold these tokens, Gate will provide a buyback service from June 20 to June 26, 2025. The buyback price has been set individually for each token, with a maximum compensation limit of 100 USDT per user.

According to BlockBeats news, on June 12, "bond king" Gundlach stated on Wednesday that the U.S. debt burden and interest expenditures have become "unsustainable," which means that long-term U.S. Treasury bonds are no longer considered a truly risk-free investment. He compared the current market environment to the situation before the bursting of the internet bubble in 1999 and before the global financial crisis in 2006-2007. He noted that investors should consider increasing their allocation to non-U.S. dollar assets and revealed that the company he manages is starting to incorporate foreign currencies into its funds. (Wall Street Watch)

Gate News bot News: Bank of Japan officials are stepping up their calls to push Japan to keep up with the rapid development of digital currencies, which could accelerate the shift to cashless payments in Japan, where "cash is king". Japan's share of cashless payments rose to 42.8 percent in 2024 from 13.2 percent in 2010, a year ahead of the government's target of 40 percent, according to government data. Despite Japan's global lag in payment technology, the increase in cashless transactions is forcing policymakers to ensure they are prepared to adapt to changing preferences for payment and settlement methods. This includes the issuance of a central bank digital currency (CBDC).

On June 11, Bank of Japan officials are stepping up their calls to push Japan to keep up with the rapid development of digital currencies, which may accelerate the transition to cashless payments in Japan, where "cash is king". Japan's share of cashless payments rose to 42.8 percent in 2024 from 13.2 percent in 2010, a year ahead of the government's target of 40 percent, according to government data. Despite Japan's global lag in payment technology, the increase in cashless transactions is forcing policymakers to ensure they are prepared to adapt to changing preferences for payment and settlement methods. This includes the issuance of a central bank digital currency (CBDC). Kazushige Kamiyama, Executive Director of the Bank of Japan, said: "Although the issuance of banknotes in Japan is still high, the use of banknotes is likely to decline significantly in the future with the rapid development of digitalization". "Therefore, Japan must consider what measures it can take now

Gate News bot message, according to SoSoValue data, on June 10th Eastern Time, Ethereum Spot ETF recorded a total net inflow of $125 million, maintaining a net inflow trend for the 17th consecutive day. Among them, Blackrock's ETHA became the king of capital inflow for the day, with a net inflow of 80.5864 million dollars. The data also shows that the total net asset value of the Ethereum Spot ETF has reached $10.650 billion, and the ETF net asset ratio (the ratio of its market value to the total market value of Ethereum) is 3.18%, with a historical cumulative net inflow of $3.504 billion.

Odaily News Whale James Wynn posted on the X platform stating that when someone tells you not to buy Bitcoin, they are secretly buying it themselves. Due to several inflows of ETH from BlackRock, ordinary people have been fooled; Bitcoin is king.

Jin10 reported on May 27 that the Hong Kong SAR government's "Silver Economy Working Group" held a press conference today (27th). The group leader, Secretary for Administration Chan Kwok-king, introduced that the SAR government has launched a total of 30 measures from five aspects in collaboration with different agencies across various policy bureaus to promote the development of the silver economy.

The U.S. Department of Justice has charged 12 defendants with involvement in a $263 million cryptocurrency fraud and money laundering case. The criminal gang, mostly young people, met through online gaming and later stole the victims' crypto assets through hacking, social engineering and burglary, with one victim losing about 4,100 bitcoins, worth about $230 million. To cover up their ill-gotten gains, the suspects stuffed large amounts of cash into Squishmallows plush toys and mailed them to each other through the U.S. postal system. The main suspects include 20-year-old Malone Lam (aka "King Greavys"), 19-year-old Marlon Ferro ("GothFerrari") and 21-year-old Conor Flansburg ("Green").

Jin10 reported on May 13 that Buckingham Palace announced that French President Macron will make a state visit to the UK in July. The King and Queen of the UK will receive the French President and his wife Brigitte Macron at Windsor Castle. The visit will take place from July 8 to July 10. The last state visit by a French President to the UK was in March 2008. Last month, US President Trump stated that Buckingham Palace is "setting a date in September" for his second state visit to the UK.

On May 3, Jin10 reported that Canadian Governor General Mary Simon announced on May 2 that King Charles III of the United Kingdom and Queen Camilla will visit Canada from May 26 to 27 and attend the opening ceremony of the new session of the Canadian Parliament in Ottawa.

According to the Gate.io News bot, Jin10 reported that U.S. Vice President Vance recently stated that, based on President Trump's deep affection for the UK and the royal family, the U.S. and the UK are very likely to reach a significant trade agreement. Currently, although the UK was not subjected to the strictest restrictions in Trump's initial tariff announcement, it still needs to pay a 10% tariff on exports to the US, while the steel and automotive industries are subject to a 25% tariff. Both sides have engaged in negotiations for several weeks, starting with artificial intelligence and technology cooperation, and are expected to extend to other areas such as food. Vance stressed that the U.S. government is actively cooperating with British Prime Minister Starmer's government. "The president really loves England, he loves the Queen, he adores and loves the King," he said. This is a very important relationship. As a businessman, he had a number of important business relationships in the UK. Vance talked about the cultural affinity between the United States and Britain, saying that he believed the two sides could reach a great agreement that served the best interests of both countries.

The first "TRON MEME King Challenge" trading event for MEME coins on the TRON blockchain has attracted over 3,000 traders. In the first three days, on-chain trading volume rose by 300%, and participants trading TRON Meme coins can share the prize pool, with $15,000 in rewards distributed according to trading volume, and there is a chance to win mystery box rewards. Only one week remains until the reward settlement.

BlockBeats news, on April 10, DWF Labs Executive Partner Andrei Grachev posted on social media that now is the best time to Build and make deals, cash is king, as always. In the coming days and weeks, many exciting news will be coming, stay tuned.

The Federal Reserve will not save the market. 1. Morgan Stanley: The Fed may not cut interest rates at all this year unless there is an economic recession. 2. Fed's Mouthpiece: The Fed's rate cuts may also be powerless to address the broader concerns triggered by Trump's trade war. 3. Fitch: Tariffs have significantly increased the risk of an economic recession in the United States and limited the Fed's ability to cut rates further. 4. "Dr. Doom" Roubini: The Fed will keep interest rates stable for the remainder of this year, and Powell will wait for Trump to yield first. 5. "New Bond King" Gundlach: The likelihood of an economic recession in the U.S. is currently high, and the Fed does not have the conditions to restore rate cuts. 6. PIMCO: A significant economic weakness is a necessary condition for rate cuts, but the current level of weakness is still not enough, and the Fed still needs to curb inflation. 7. Standard Chartered: The Fed will only act if hard data deteriorates rapidly; it is expected that the Fed will cut rates once in the second quarter and once in the third quarter.

Jin10 data April 9 news, traders say that due to the implementation of the U.S. "reciprocal tariffs," the global stock market experienced a deep fall, insufficient liquidity triggered a dumping of bonds, and today, including U.S. debt, Japanese debt, and European debt, yields surged significantly due to the dumping. "Cash is king" has become the standard in times of financial market disorder. A securities trader said: "U.S. debt is not right, selling it at a loss, had to cut profitable assets, like Japanese debt."

Jin10 data reported on April 8, that on the 7th local time, a tripartite summit between Egypt, France, and Jordan was held in Cairo, the capital of Egypt. Egyptian President Sisi, French President Macron, and Jordanian King Abdullah II attended the meeting. The meeting discussed the situation in Gaza and its developments. After the meeting, the three leaders issued a joint statement. The leaders of the three countries jointly called for an immediate restoration of the ceasefire in the Gaza Strip, protection of the Palestinians, and ensuring they receive comprehensive emergency humanitarian assistance immediately. The statement emphasized that the ceasefire agreement signed by all parties on January 19 must be implemented, and all detainees must be released. The attending leaders stressed that the safety of civilians and humanitarian workers must be protected and that adequate humanitarian assistance must be ensured. The three parties expressed serious concern over the current situation and called for the cessation of all unilateral measures that undermine the "two-state solution" and exacerbate tensions.

Odaily News According to official news, the "SunPump x Ave.ai TRON MEME King Challenge" will officially launch at 10 AM on April 9, with a total prize pool of $15,000 worth of TRX. Participating users have the opportunity to share the prize money according to their trading volume ranking, with the highest trading volume winner receiving up to $4,000 worth of TRX, and the top 100 can all win prizes. Additionally, 100 lucky users will be drawn to receive extra airdrop rewards.

Odaily News Trump administration's epic tariffs on most global imports, the Federal Reserve is likely unable to resolve. Former "hawk king" and former New York Fed President Bill Dudley warned that the market's expectation of more than 100 basis points rate cuts this year is "too naive," and can only be realized if the U.S. economy experiences a full recession. In the next six months, inflation may surge to 5%, and economic growth may slump to 1%, putting the Federal Reserve in a dilemma of accelerating rate hikes leading to recession and rate cuts worsening inflation. Don’t expect the Federal Reserve to save the U.S. economy dragged down by tariffs; the only question now is: how deep will the damage be? (Jin10)

ChainCatcher message, partner Du Jun of ABCDE responded by saying, "Cash is king, and I have already lost 30 million dollars on ETH."

Jin10 data reported on April 6, on April 5, former President Obama delivered a speech, harshly criticizing Trump's second-term policies for the first time. Obama made related remarks during a discussion event on the 3rd, where he criticized Trump's tariffs as "not beneficial to America." Obama also said, "Imagine if I had done these things back in the day, the parties that are now silent would never have tolerated me." Obama stated that just because Trump's behavior is strange doesn't mean his presidency won't be dangerous. "We don't need a self-proclaimed king, a pseudo-dictator, or someone who punishes enemies everywhere for another four years," Obama said.

Gate.io News bot message, BlackRock is the world's largest asset management company, and its founder and CEO Larry Fink, aged 73, is known as the "king of Wall Street" in the financial industry. BlackRock holds the largest shareholder position in nearly 900 publicly traded companies on the New York Stock Exchange and NASDAQ, including well-known companies such as Boeing, BHP, Total, Unilever, Barclays, U.S. Steel, and Alcoa. Among the 40 major listed companies included in the DAX 40 index in Germany, BlackRock is the largest shareholder of 13 of these companies, which include Siemens, BASF, Deutsche Bank, Deutsche Börse, Bayer, Adidas, and others. Source of information: Tencent Prism

The British Prime Minister invited Trump to visit King Charles, and Trump accepted, potentially becoming a "quasi-member" of the Commonwealth. The United States plans to join the Commonwealth to ease tensions, which will be discussed during Trump's visit to the UK.

Double Line Capital CEO Gundlach warned that the risk of economic recession is increasing, and a period of fluctuation may be approaching, with a 50%-60% chance of recession in the coming quarters. He advised staying away from U.S. securities and warned that a reduction in government spending could slow down economic growth. He recommended investing in physical assets such as gold and Bitcoin, and suggested that dollar investors reduce reliance on the U.S. market and turn to Europe and emerging markets. (Source: Jinshi)

On March 21, Jin Shi Data reported that "bond king" Gundlach stated in an interview that he believes the likelihood of the U.S. economy falling into recession is between 50% and 60%, far higher than most people's expectations. Gundlach noted that tariffs are likely to lead to inflation. He expressed difficulty in imagining how inflation could stabilize at the Federal Reserve's target level of 2%.

Jinshi Data News on March 18th, Ocean King stated on the interactive platform that the company has no deep-sea-related products and businesses, and is not related to the market rumors of the deep-sea concept. Please investors to invest cautiously and pay attention to risks.

U.S. President Trump has announced that he will release files related to the assassination of Kennedy on the 18th. These files involve the assassination of John F. Kennedy, Robert F. Kennedy, and Martin Luther King. Kennedy was assassinated in 1963, Robert was stabbed in 1968, and Martin Luther King was also stabbed in the same year.

According to WhaleWire founder Jacob King in a social media post, "BTC is still in the early stages of the Bear Market." The dumping from 108K to 83K that I predicted was almost nothing. We will fall even lower. I've been saying this for months, but I urge those who are still holding on to leave as soon as possible. There will be no survivors in the upcoming fall! ”

On March 3, King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk of Cambodia arrived in Beijing by special plane, according to Jinshi Data.

Former St. Louis Fed President Brad said that inflation will slow down significantly this year, making it possible for the Fed to cut interest rates twice, 25 basis points each time. However, it may be too early to cut interest rates again in March, and the March meeting may be used to prepare for a 'late spring' rate cut. The Fed's policy measures will depend on further progress in inflation.

Ether.fi, a stake protocol on the Ethereum network, announced the start of its fifth season event, which will run until May 31, 2025. Participants will be rewarded with at least 10 million ETHFI Tokens, partner Tokens, and rewards from King Protocol. StakeRank will also make a comeback, with longer staking periods earning higher loyalty points.

According to Golden Finance, "New Bond King" Gundlach said not to expect a rate cut at the next Fed meeting. It is estimated that the Fed may cut interest rates a maximum of two times by 2025, and a single rate cut can be taken as a baseline scenario. (Jinshi)