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- European banks face a surge in M&A, driven by scale needs and regulatory support, but political interventions and shareholder resistance complicate deals. - Italy's "golden power" rules and Spain's merger restrictions highlight regulatory fragmentation, creating legal disputes and eroding deal synergies. - Shareholder resistance grows as smaller banks reject hostile bids, forcing bidders to negotiate discounts and increasing valuation risks. - Investors now prioritize regulatory alignment and political b
- SEC vs. Ripple lawsuit resolution in 2025 reclassified XRP as a utility token, ending regulatory uncertainty and attracting $4.3–$8.4B in ETF inflows. - XRP’s 3–5 second settlement speed and $0.0004 per transfer cost drove institutional adoption, with RippleNet processing $1.3T in Q2 2025. - Dovish Fed policy and XRP’s fixed supply model enhanced its appeal as an inflation hedge, while RLUSD and EVM upgrades expanded tokenized finance use cases. - Risks include centralized exchange liquidity concentratio
- 20:17All three major U.S. stock indexes closed lower, but each has risen for at least four consecutive months.According to Jinse Finance, all three major U.S. stock indexes closed lower. The Nasdaq fell 1.15%, down 0.19% for the week, but up 1.58% in August; the S&P 500 Index dropped 0.64%, down 0.1% for the week, and up 1.19% in August; the Dow Jones fell 0.2%, down 0.19% for the week, and up 3.2% in August. Among them, the S&P 500 Index and Dow Jones have risen for four consecutive months, while the Nasdaq has risen for five consecutive months. Most large technology stocks declined: Tesla, Nvidia, and AMD fell more than 3%, Intel dropped more than 2%, Amazon, Meta, and Netflix fell more than 1%, while Microsoft and Apple saw slight declines; Google edged up slightly.
- 20:04The US Dollar Index fell by 0.04% on the 29th.Jinse Finance reported that the US Dollar Index fell by 0.04% on the 29th, closing at 97.771 in the foreign exchange market.
- 20:03Trump Cabinet Warns Court: Ruling Tariffs Illegal Could Trigger Diplomatic CrisisJinse Finance reported, citing foreign media, that on Friday, Trump administration officials told the Federal Circuit Court of Appeals that ruling Trump's global tariffs illegal would severely damage U.S. foreign policy. Treasury Secretary Bessent warned that this would bring "dangerous diplomatic embarrassment." The White House submitted statements from Bessent, Commerce Secretary Lutnick, and Secretary of State Rubio to the Federal Circuit Court of Appeals in Washington. The court is expected to soon rule on whether Trump exceeded his authority to impose tariffs under the 1977 Emergency Powers Act. During oral arguments on July 31, judges expressed skepticism about the government's claim of broad tariff powers, suggesting they might support the challenge brought by a group of small businesses and a coalition of Democratic-led states. Several cabinet ministers stated that if the tariffs are ruled invalid, it would overturn the results achieved after months of negotiations with countries such as the EU, Japan, and South Korea. "Suspending the effectiveness of the tariffs would expose the United States to the risk of retaliation from other countries, as they would believe the U.S. lacks the ability to respond quickly to retaliation," Bessent said.