Odaily Morning News

1. The Fed raised interest rates by 25 basis points for the first time in three years;

2. Celsius sues BitMEX over 2020 liquidation event, seeks to recover 6,360 BTC;

3. Trump says U.S. interest rates should fall below 1%, urges the Fed to cut rates quickly;

4. The U.S. House Financial Services Committee passed the American Reserve Modernization Act;

5. The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a vote of 38 to 5;

6. Paradigm founder: The Zcash developer fund is very important, and pure coin-weighted voting may be detrimental to building long-term trust;

7. Worth approximately $13.55 million, a certain WLFI multisig wallet transferred a cumulative 248 million WLFI to Binance over the past month;

8. Losing approximately $890,000 in 3 hours, a certain whale was liquidated after shorting 8,120 ZEC with 10x leverage;

9. Bonk Guy: Over the past month, USELESS whale inflows totaled approximately $12 million.