Strategic US-China Trade Talks and Crypto Market Updates Lead to Potential Market Movements

The Federal Reserve and Donald Trump are engaging in a fresh round of strategic interactions. Today, the US and China are scheduled to hold trade negotiations. Trump has announced that he will soon select a new Fed Chairman, favoring a candidate who will lower interest rates. Trump's goal appears to be weakening the dollar to push manufacturing back into the US through economic pressure; a strong dollar makes domestic production expensive, increasing reliance on foreign countries. Conversely, the Fed is trying to counteract these radical policies and stabilize the markets and the economy. In the cryptocurrency space, Strategy plans to offer 12 million shares of STRD at $85 each on June 10 to fund Bitcoin acquisitions. Javier Milay has been cleared of wrongdoing in the Libra investigation, indicating he wasn't heavily involved in manipulation. Additionally, various projects are progressing: Skate will enable token claiming and listing today; DataHaven has launched an engagement campaign offering tokens and NFTs as rewards; Op_net has reset its testnet progress with added on-chain tasks; and HeyElsa has secured $3 million for a multi-purpose AI layer aimed at simplifying crypto asset management, with current activities involving point-based rewards and NFT minting.