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ChainCatcher news, according to CoinDesk, U.S. Federal Reserve Chairman Kevin Warsh will testify before Congress for the first time at 10 a.m. (Eastern Time) on July 14. Traders are closely watching for signals regarding stablecoins, bank custody, and interest rate policy.

Glonghui, June 24｜A certain exchange rose 6.7% in pre-market trading to $27.96. According to reports, some media, citing supply chain sources, stated that TSMC's main 28nm production base, Fab 15A, saw wafer input drop from 200,000 pieces at the beginning of this year to 150,000 pieces, a decrease of more than 25%. This capacity adjustment is due to the transformation of the Fab 15 plant into a 4nm process production base, involving company-wide cross-node capacity reallocation. Some 28nm process clients have already turned to UMC and Vanguard.

Golden Ten Data reported on June 24 that analysts at First Group Bank stated in a report that due to uncertainties surrounding the inflation outlook, U.S. long-term Treasury yields may rise in the coming months. They pointed out that market concerns about persistent inflation could intensify, and U.S. inflation data may also exceed expectations. “To what extent the Federal Reserve will respond to this remains to be seen.” The analysts believe that, combined with the U.S. government's ongoing expansionary fiscal policy, the current environment suggests long-term yields will rise. Meanwhile, short-term yields have already reflected a number of expected rate hikes that exceed the analysts’ own forecasts. In the short term, market speculation about further rate hikes will persist, indicating that short-term yield volatility is likely to remain elevated.