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BlockBeats News, September 5 — U.S. President Trump again publicly called on the Federal Reserve on Friday to sharply cut interest rates, and pressured the Fed and Chairman Kevin Warsh, saying that the United States should have the lowest interest rates in the world. He even threatened that if relevant countries continue to maintain massive trade surpluses with the U.S., America may stop trading with countries that have trade deficits.
This statement stands in sharp contrast to the strong U.S. employment data released the same day. U.S. nonfarm payrolls rose by 162,000 in August, far above the market expectation of 56,000. July's figure was also sharply revised up from a previous decline of 23,000 to an increase of 21,000, while the unemployment rate remained at 4.1%.

BlockBeats news, on September 5, according to GMGN market data, FATCOIN's market capitalization briefly broke through $40 million to hit a new all-time high, and is now reported at $35.34 million, up more than 3x in a single day.
FATCOIN was launched on the o1 platform, leveraging the stock trading platform Robinhood, and paired with tokenized U.S. stock Lilly (LLY), a leading weight-loss drug maker.
BlockBeats note: Stock Meme is an emerging play that directly combines traditional Meme coins with tokenized U.S. stocks. Meme coins are no longer paired with USDT or ETH, but instead form trading pairs directly with on-chain stock tokens (such as NVDA, TSLA, AAPL, etc.). This not only preserves the high-volatility, community-driven speculative nature of Meme coins, but also taps into the popularity and narrative of real stocks. Trading fees are often partially returned to the community treasury to accumulate the corresponding stock tokens, forming a dual-driven model of "sentiment-driven speculation + real asset anchoring." Price volatility is significant, so investment should be approached with caution.

BlockBeats news, September 5, Trump posted that, "We just had excellent numbers in employment, and the market should be up because our credit and economic conditions are better, but as always, over the past 25 years, the stock market has been going down."
Because we live in a false reality, where if things are going well, they must be "killed" out of "fear" of inflation. It should be the opposite, and it was until 25 years ago. If we keep insisting on this theory, we will never achieve the true economic prosperity our country deserves, because every time we do well, stupid people want to immediately stop that good upward momentum. Growth does not lead to inflation!

BlockBeats news, on September 5, according to GMGN market data, the new BSC-chain stock meme coin Stonks has set repeated new highs within 3 hours of going live, with its market cap now reported at $10.81 million.
Public information shows that the top-ranked address invested $8,490 3 hours ago when the market cap was $393,000, and has now an unrealized profit of $210,000, with no selling activity so far.
The meme coin Stonks is inspired by BSC’s official trading event "BNB Stonks Szn" (Stonks is also American slang, similar to Stocks), and uses tokenized U.S. stocks on BSC, QQQ (Invesco QQQ Trust, tracking the Nasdaq 100 Index), as its liquidity pair.