On the political stage in Washington, few industries have managed to move from the fringes to the core in just a few years like Crypto Assets, even successfully "turning" a president who once scoffed at it. Donald Trump, the American president who previously denounced Bitcoin as an "eyewash," has now become one of the staunchest supporters of Crypto Assets. This astonishing transformation has not only granted the Crypto Assets industry unprecedented influence in the White House but has also triggered the largest lobbying battle in modern Washington history. What exactly happened behind this?

According to BlockBeats news on May 19, the official announcement states that the Solana Virtual Machine (SVM) Rollup SOON will release an airdrop check page. The community airdrop will be directed towards Red Pill Cabal participants, Discord's Seasoned Sooner identification, and Dedicated SOON.

Jin10 data reported on May 13, the Chief Economist of the Bank of England, Huw Pill, stated on Tuesday that he is concerned that inflation in the UK may be stronger than the Central Bank's expectations, and interest rates may need to remain above levels anticipated by investors. Pill mentioned that the inflation rate may stay at a level that is too high for the Bank of England's 2% target, which could mean that in order to ensure we return to our target within a reasonable time frame, the responses of monetary policy will need to be more aggressive or more prolonged.

The Australian police have busted a large criminal syndicate that stole Melbourne's Cryptocurrency ATM and collectible card store. The police have discovered the location where the stolen items were stored, including firearms, car keys, pill presses, etc. Four men have been arrested, one of whom will stand trial for multiple charges of theft and firearm possession, while another will face charges of commercial theft and possession of prohibited weapons.

On January 22, Jin Dan Technology released a simplified equity change report. Li Zhongmin, the person responsible for information disclosure, had his equity split and transferred to his name due to the termination of his marriage. Prior to this equity change, Li Zhongmin held 0 shares of Jin Dan Technology, accounting for 0.00% of the total share capital of the company. After this equity change, Li Zhongmin holds 24 million shares of Jin Dan Technology, accounting for 12.61% of the total share capital of the company.

According to GMGN data, AI Rig Complex (ARC) has surged to a new all-time high of $0.37, rising over 33.7% in the past 24 hours. It is currently trading at $0.371 with a market capitalization of $371 million. ARC is an Open Source AI agent based on the Rust language and the Rig Agent framework. Its token symbol is the Hacker Empire "we take the red pill then the blue".

Central Bank Chief Economist Huw Pill said officials must "guard against false sense of security" as headline inflation falls sharply this spring and could fall below the 2% target; the remarks showed he was cautious when considering when to cut interest rates. Pill said he was "still some way off" from voting for a rate cut, and even when the time came, monetary policy would continue to be "restrictive" to bring down price pressures. Pill voted last month with Long members of the nine-member Monetary Policy Committee (MPC) of the U.K. Central Bank to keep the Intrerest Rate at its highest level since 2008, Central Bank acknowledging that a rate cut is now on the agenda. Investors expect the first 25 basis point rate cut to come as early as August, followed by another later in the year.

(1) Bank of England Chief Economist Huw Pill said that despite signs that the UK economy is weakening, the bank will not let up in the fight against inflation; (2) He added that signs of a slowdown in economic activity are caused by a lack of supply rather than demand, meaning it is not linked to the easing of inflationary pressures. The challenge for monetary policymakers is to ensure that monetary policy is restrictive enough to be persistent enough to bring down those (domestic) parts of inflation. This could involve continuing to push forward with restrictive monetary policy at a time when employment and activity growth is weak and headline inflation is declining, which will be under a lot of pressure; (3) Market expectations for an August rate cut faded this week after Chancellor of the Exchequer Jeremy Hunt unveiled the largest tax cut package since the 1980s in the autumn Budget, plus a key survey showing a surprise return to private sector growth in November as price pressures rose. Traders now expect the Bank of England to stay on hold until September next year

Bank of England chief economist Huw Pill said interest rate decisions were becoming "delicately balanced," with new growth data released hours earlier highlighting the costs of measures to curb inflation. Given signs that inflation is under control, the Bank of England left interest rates unchanged at 5.25% last month. However, central bankers are divided on the decision, and investors remain unsure whether the fastest tightening cycle since the 1980s is over.

Peter Dragicevich, currency strategist at Toronto-based Corpay, said the RBA could raise interest rates by 50 basis points in the coming months and could start the process at its policy meeting next Tuesday. Inflationary pressures in Australia remain strong and sticky service prices are gaining momentum, he said. Experience and history in overseas markets has shown that service sector inflation is difficult to reverse, often requiring very stringent policies, a downturn and higher unemployment. Dragicevich: It's a tough pill to swallow, but that's the price you need to pay to kill the inflation dragon

Huw Pill, chief economist at the Bank of England, said the higher-than-expected immigration numbers prompted the bank to raise its growth forecast by 20 basis points, underscoring the need for labor in Britain to fill jobs. He said the ONS had raised its gross domestic product (GDP) forecast to the end of 2025 by about 0.2 percentage points from its previous revision, as net migration pushed the ONS upward in its population forecast. Official figures now show that net migration to the UK is expected to stabilize at around 245,000 a year by 2028, up from a previous estimate of 205,000. Figures due on Thursday are expected to show another record high in net migration, at odds with British Prime Minister Rishi Sunak's ambitions to curb immigration inflows.

The Bank of England's chief economist, Huw Pill, said on Monday that the application of artificial intelligence could unlock productivity, improve the living standards of the British people and enable the Bank of England to make better decisions. Peel pointed out that AI technology can allow the Bank of England to improve its forecasting models, enabling it to optimize policy and create a more stable economic environment.