Trump extends trade talks with EU U.S. stock index futures rise

Reprinted from jinse

05/26/2025·14D

Headlines

▌Trump: Agree to extend the deadline for trade negotiations with the EU to July 9

U.S. President Trump said that the EU requested to extend the window of trade negotiations and has agreed to extend the deadline to July 9. Earlier, European Commission President von der Leyen, said on Sunday that the EU is ready to advance trade negotiations with the United States "quick and decisively" but requires Trump to return to the 90-day negotiation period he originally set. This is the first publicly disclosed call between two leaders since Trump took office. In April this year, Trump suspended the 20% tariffs initially imposed on the EU and began a 90-day negotiation window, with negotiations originally scheduled to end on July 9. Von der Leyen's office confirmed that she took the initiative to contact Trump. Von der Leyen's words suggest that the European Commission's position may change, inclined to seek a potential compromise.

▌U.S. stock index futures continue to rise, Nasdaq futures rise by more than 1%

US stock index futures continued to rise, Nasdaq futures rose by more than 1%, and the S&P 500 futures rose by more than 0.9%. Two days later, Trump changed his words to the EU and extended the trade negotiation window with him.

Quotes

As of press time, according to Coingecko data:

BTC's recent transaction price is US$108,951, with an increase of +0.8% intraday increase of +0.8%;

ETH's recent transaction price is US$2,547.54, with an intraday increase and decline of +0.6%;

BNB's recent transaction price is US$669.60, with an intraday increase and decline of +0.1%;

SOL's recent transaction price is US$174.60, with an intraday increase and decline of -0.9%;

DOGE's recent transaction price is US$0.2235, with an intraday increase and decrease of -0.4%;

XRP's recent transaction price is US$2.34, with an intraday increase of +0.2%.

policy

▌U.S. House Speaker Johnson warns the Senate not to significantly modify Trump 's "Big and American" bill

U.S. House Speaker Mike Johnson is pressing the Senate to make as few changes as possible to the massive spending and tax cuts adopted by the House last week to advance President Donald Trump's agenda. He warned that if senators were substantially amended, they could return the bill to a version that could not be passed again in the House. "We have reached a very delicate balance here, a delicate balance that takes a long time to achieve, and it's better not to intervene too much," Johnson said in an interview.

▌Feder Chairman Powell did not comment on economic and policy prospects in his graduation speech at Princeton University

According to market news, Federal Reserve Chairman Powell did not comment on the economic and policy outlook in his graduation speech at Princeton University.

▌Bitcoin 2025 conference speaker list announced, including Vice President Vance, Michael Saylor, etc.

According to Bitcoin Magazine, the list of speakers at the Bitcoin 2025 conference was announced, including: US Vice President JD Vance founder Ross Ulbricht, Trump's second son Eric Trump, Trump's eldest son Donald Trump Jr, Strategy founder Michael Saylor, U.S. Senator Cynthia Lummis.

Blockchain application

▌Vitalik Buterin: Ethereum needs to be flexible and privacy

Vitalik Buterin posted on X platform: "Nordic countries are abandoning cashless social initiatives because they are too fragile to the centralized implementation of this concept. Cash is proven necessary as a backup. Ethereum needs to be resilient and privacy to play this role reliably."

▌Sonic launches validator program to drive SVM chain scaling to achieve decentralization

Sonic announced the launch of the Verifier Program, aiming to drive the decentralization of the first SVM chain extension on Solana, which includes a dual incentive model, a head validator partner, and performance-based rewards.

▌The 212th Ethereum ACDE conference: Fusaka Devnet-0 will be launched on May 26

According to Tim Beiko's summary of the 212th Ethereum Execution Layer Core Developers Conference (ACDE), this meeting mainly discusses: Fusaka Devnet-0 will be launched on May 26, Fusaka EIP category discussion (EIP-7825 limits transaction gas to 30 M; EIP-7918 anchors the Blob rate to Base Fee to alleviate cost fluctuations; these two are determined to be included in Devnet-1. Other candidate EIPs are expected to Devnet-2), testnet strategy (fork Sepolia first, retain Hoodi supply tests; encourages community long-term maintenance test network), future planning (CL Call next week decides EIP-7917; ACDE finalizes Devnet-2 in two weeks and start Glamsterdam discussions) etc.

Cryptocurrency

▌Greyscale transferred about 6,641 BTC yesterday, worth over US$726.5 million, and has been large-scale transfers for five consecutive days this week.

According to Arkham monitoring data, Grayscale has once again transferred large-scale BTC, with a total of about 6,641 BTC yesterday transferred from Grayscale Bitcoin Exchange-traded fund Grayscale Bitcoin Trust to 11 unknown addresses, with a value of up to US$726.5 million. Data shows that this is the fifth consecutive day of large-scale Bitcoin transfer transactions this week, including: about 7,700 BTC transferred on May 23, about 7,500 BTC transferred on May 22, 8,500 BTC transferred on May 21, and about 7,500 BTC transferred on May 20.

▌USDC Treasury adds 250 million USDC mintings on the Solana chain

According to Whale Alert monitoring, about 5 minutes ago, USDC Treasury added 250 million USDCs to the Solana chain.

▌Hyperliquid platform Whale currently holds US$5.176 billion, with a long- short holding ratio of 0.90

According to Coinglass data, the Hyperliquid platform Whale currently holds US$5.176 billion, long positions are US$2.458 billion, accounting for 47.49% of the positions, and short positions are US$2.718 billion, accounting for 52.51%. Long order profit and loss was US$122 million, while short order profit and loss was -88.2021 million.

Important economic trends

▌The probability of the Federal Reserve keeping interest rates unchanged in June is 94.4%

According to CME's "Federal Observation": the probability of the Fed keeping interest rates unchanged in June is 94.4%, and the probability of cutting interest rates by 25 basis points is 5.6%. The probability of the Federal Reserve keeping interest rates unchanged in July is 74.9%, the probability of a cumulative interest rate cut of 25 basis points is 23.9%, and the probability of a cumulative interest rate cut of 50 basis points is 1.1%.

Golden Encyclopedia

▌Will blockchain networks suffer from DDoS attacks?

Distributed Denial of Service (DDoS) attacks aim to paralyze online systems through massive requests. Although blockchain networks are more resilient due to decentralization, they can still be attacked, such as causing network congestion or node crashes through spam transactions, affecting normal operation. To prevent DDoS, blockchain needs to strengthen security measures at the node and network levels, including improving processing capabilities, deploying firewalls, regular audits and redundant construction to ensure stable network operation.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.