US SEC Chairman Atkins: Hopes to Bring Stock Market Onchain, Financial System Is Moving Toward a Crypto Era

Odaily reports that Robinhood Crypto has announced that Robinhood Wallet users conducting Swap transactions exceeding $0.50 on Robinhood Chain will have Gas fees waived, with this offer lasting until December 31, 2026.

Odaily: U.S. President Trump stated that Iran is collapsing badly and it will be over soon. Oil prices will drop sharply. (Jinshi)

Odaily: U.S. President Trump announced that he will sign a strong executive order on artificial intelligence. (Jinshi)

Odaily reports: Kevin Hassett, Director of the US National Economic Council, stated that the US economy is still digesting the impact of pandemic-related fiscal stimulus from former President Biden's administration, and attributed part of the pressure during the high-inflation period to subsequent large-scale spending policies.Hassett said Tuesday on a program that the US is "still trying to dig out from under" the effects of pandemic-era spending. He argued that while the original goal of fiscal support during the pandemic was to fill the economic gap, the subsequent scale of spending exceeded what the economy actually needed."We wanted to fill the gap, not do more," Hassett said, referring to pandemic stimulus policies during Trump's first term. He then stated that the Biden administration continued to maintain pandemic-era spending levels and directed funds to other areas, which was one of the important factors leading to subsequent problems.These remarks come as the US enters the later stages of the midterm election cycle, with inflation, cost of living, and economic performance becoming key issues of debate between the two parties. Trump administration officials have recently repeatedly emphasized the connection between current economic problems and the policies of the previous administration.

Odaily News: Robinhood CEO Vlad Tenev posted on X that the U.S. Securities and Exchange Commission (SEC) today issued a no-action letter to Tesla, clearing the way for its shareholder voting plan aimed at empowering retail investors. He stated that when millions of people hold shares in a public company, shareholders should be able to participate in voting more easily. Robinhood currently helps multiple companies engage directly with shareholders through in-app messaging, retail voting plans, and earnings Q&A, and said more related features will be launched in the future.

Odaily reports that according to Onchain Lens monitoring, MK4 (0x773...bf66) holds a 5.84 million NEAR long position, with a position value of $29.21 million and an unrealized profit of $15.47 million. Bitwise's NEAR spot ETF has begun trading on the New York Stock Exchange. Its total unrealized PnL is a profit of $13.55 million, with a historical cumulative profit of $56.54 million.