Golden Morning News| Overview of important developments overnight on July 17
21:00-7:00 Keywords: CME, OpenAI, Powell, Cryptography Act 1. The probability of the Federal Reserve cutting interest rates in September is close to 70%; 2. Trump denies drafting a letter to fire Federal Reserve Chairman Powell; 3. The U.S. House of Representatives passes a procedural vote on the cryptocurrency bill; 4. Bank of America plans to launch stablecoins and is waiting for legal clarity; 5. Tether Treasury will mingle 2 billion USDTs on the Ethereum chain; 6. OpenAI will draw a certain percentage of revenue from ChatGPT shopping sales; 7. CME considers implementing round-the-clock cryptocurrency transactions and explicitly excludes Meme coin products; 8. Trump: He is conservative on firing Powell unless there is fraud in the Federal Reserve decoration.
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