According to AXIOS, White House senior economist Stephen Miran stated that an important economic statistical agency needs a "new perspective," but he did not reiterate President Trump's claim about political manipulation of Friday's employment data. Trump ordered the dismissal of Labor Statistics Bureau Director on Friday, after he claimed without evidence that the disappointing employment data was "manipulated." The bureau later confirmed that Director Erika McEntarfer was fired, and her deputy William Wiatrowski will serve as acting director. The July employment report released earlier on Fr

The White House announced a 39% tariff on Swiss goods, a 19% tariff on Pakistani goods, a 19% tariff on Malaysian goods, a 20% tariff on Vietnamese goods, a 20% tariff on Bangladeshi goods, and a 15% tariff on Israeli goods. Additionally, President Trump signed an executive order raising the tariff on Canadian goods from 25% to 35%, with the higher tariff taking effect on August 1, 2025.

Microsoft ( MSFT.O ) reported in its fourth quarter earnings that its cloud business growth exceeded expectations and stated that spending on artificial intelligence infrastructure reached an all-time high. Microsoft stated in its earnings report on Wednesday that the highly followed Azure cloud computing division saw a 39% rise in sales in the fourth quarter; the company also noted that for the year ending June 30, the cloud computing division's sales rose by 34%, reaching over $75 billion, marking the first time Microsoft disclosed Azure's revenue data. Following the earnings report, Microso

At 1 AM today, OpenAI released the ChatGPT Study learning mode. This mode is primarily aimed at the education sector, offering four methods: interactive prompts, scaffolded responses, personalized education, and knowledge checks, allowing for a depth interpretation of each challenging problem's solution process rather than just providing the answer. In other words, ChatGPT Study is equivalent to a tutor available online 24/7, capable of providing personalized guidance and feedback based on the student's learning pace and needs. It not only helps students understand complex concepts but also fo

According to ABC News, the Trump administration accepted a luxury plane from Qatar as an "unconditional donation," but there was no stipulation on how the plane should be handled after President Trump leaves office. This memorandum of understanding was signed earlier this month by U.S. Defense Secretary Hegseth and representatives from Qatar. Additionally, CBS reported that preparations for the modification of the plane are underway, and it is expected to become Trump's "Air Force One." Although this agreement has drawn criticism from Trump's detractors and some allies, with some calling it a

From July 20 to 26, the financing of Crypto Assets showed a Rebound, with 17 projects raising over 1 billion dollars, making it one of the highest weeks for financing this year. Infrastructure and artificial intelligence platforms dominated, with Satsuma raising 135 million dollars and QCEX’s merger and acquisition transaction amounting to 112 million dollars. This surge highlights investors' interest in foundational Blockchain tools and artificial intelligence integration, signaling a rekindling of confidence in the next generation of Crypto Assets utilities. Infrastructure and artificial int

According to a report by CoinWorld, a Gallup survey found that only 14% of American adults hold Crypto Assets, while 60% of respondents expressed no interest in purchasing Crypto Assets, and only 4% plan to buy in the near future. The survey also revealed significant demographic differences: younger men and high-income individuals are more likely to hold Crypto Assets, while women, older adults, and low-income households have lower participation rates in this field. Despite the rising rate of Crypto Assets ownership, most Americans still view it as a high-risk investment, with 64% of American

Leading Solana staking protocol Marinade Finance has achieved SOC 2 Type 2 compliance certification after months of rigorous auditing, becoming one of the first companies in the staking ecosystem to reach this gold standard of security certification. This milestone not only verifies its excellence in operations and institutional preparedness but also paves the way for Marinade to become the exclusive staking provider for the upcoming U.S. Solana exchange-traded fund. Marinade has become one of the first protocols in the staking ecosystem to achieve this goal and shared details on X. The platfo

Trump and Powell had a face-to-face debate on Thursday regarding the renovation costs of the Fed headquarters, with Powell stating that the president's view on the renovation costs is incorrect. The two stood together wearing SAFEMARS helmets while speaking to the media. Trump said that the renovation costs for the Fed had jumped from $2.7 billion to $3.1 billion, to which Powell responded, "I am not aware of that." Trump replied, "This was just announced." Powell again questioned the source of Trump's data, as it did not come from the Fed. Powell pointed out that the president seemed to have

The Memecoin launch platform LetsBONK, supporting the Solana-based memecoin BONK and its ecosystem, announced on Wednesday that it will allocate 1% of total revenue for repurchasing "top trading pairs in the BONK ecosystem." According to the team’s announcement on X, this revenue will be redistributed from the LetsBONK team’s marketing fund. According to the Dune dashboard tracked by Adam_Tehc, which monitors competing memecoin platforms, LetsBONK has accrued about $1.5 million in fees over the past 24 hours. 1% of this revenue equates to a buying pressure of $15,000 for top token pairs (such

On July 23, according to its official blog, digital asset investment company Hilbert Group AB (Nasdaq: HILB B) announced that its tokenization platform and decentralized exchange Syntetika has completed a $2.5 million seed round financing. This round of financing attracted participation from over 35 angel investors and venture capital firms, including Hilbert Group's Chief Investment Officer Russell Thompson, as well as Aave and Allez Labs' former co-founder and venture capitalist Alex Berto. Syntetika aims to simplify the issuance, trading, and management of various on-chain assets for indivi

The cryptocurrency market continues to rise, driving various tokens to new highs, with many tokens reaching this milestone in the past week. Among them, BNB is expected to follow suit, making history. BeInCrypto has identified two other altcoins that are rapidly approaching historical highs, which may soon set new records. The XRP price recently hit an all-time high of $3.66 for the first time in over six months. Although this altcoin experienced a slight drop shortly thereafter, its current trading price is only 3.2% lower than its historical peak, indicating strong investor interest. The exp

Technology company Block Inc, which operates multiple digital asset ecosystem business units, will be added to the S&P 500 index effective Wednesday, July 23. After the news was confirmed late Friday, the stock rose 10% in after-hours trading. The company stated in a release: "This is a milestone that reflects the strength of our business and the efforts of thousands of people building tools to increase economic access, as seen in our brands, including Square, Cash App, Afterpay, TIDAL, Proto, and Bitkey." "We thank our customers, teams, and shareholders for being with us every step of the way

According to CoinWorld news, a letter signed by two top financial officials in El Salvador indicated that the country has not purchased any Bitcoin since reaching a financing agreement with the International Monetary Fund (IMF) in February 2025, which directly contradicts statements from the country's President Nayib Bukele and his Bitcoin office. The letter, released as part of the IMF's first project review on July 15, stated, "The Bitcoin holdings of the public sector remain unchanged." An accompanying document noted that El Salvador has provided the IMF with all the addresses of its Hot Wa

On July 19, South Korea's latest poll shows that the attractiveness of virtual assets as a financial management tool continues to rise. The survey, conducted from July 15 to 17 among 1,000 adult respondents nationwide, found that 9% believe virtual assets are the most advantageous way to manage finances, ranking fourth behind stocks (31%), real estate (23%), and deposits (20%), and above funds (2%) and bonds (1%). This proportion has risen by 7 percentage points compared to the 2% in the same period of 2023, marking a new high since statistics began in 2018. Analysis indicates that despite exp

According to Bitu.com, Federal Reserve Board member Christopher J. Waller stated in a speech on July 17, 2025, that he supports a 25 basis point cut in the federal funds rate at the next FOMC meeting. He believes that the U.S. economic growth has significantly slowed down, with actual GDP growth in the first half of 2025 around 1%, well below the long-term potential growth rate, and consumer spending is weak, with private sector employment nearly stagnant. He emphasized that the recent rise in inflation is mainly driven by tariffs, which is a one-time shock, and is expected not to lead to an i

Strategy, led by Michael Saylor (formerly MicroStrategy), reached a record market capitalization of $128.4 billion at the close of trading this Wednesday, during the same week that Bitcoin's price surpassed $122,000. Strategy currently holds 601,550 Bitcoins, with a market value exceeding $7.3 billion, accounting for 2.86% of the total Bitcoin supply. The company's average purchase price is $71,270 per coin, with its stock price rising 36% over the last three months and an increase of 174% year-to-date. Vanguard has become its largest shareholder, despite previously labeling Bitcoin as an 'imm

According to Coin World, on July 16 (UTC+8), American financial giant Cantor Fitzgerald's SPAC (special purpose acquisition company) Cantor Equity Partners is in the final stage of negotiations with Bitcoin early pioneer, Blockstream CEO Adam Back, for a Bitcoin acquisition deal valued at $3 billion to $4 billion. If the deal is reached, it will be another significant move for Cantor in the digital asset space, following its first Bitcoin financing completed in May with Maple Finance and FalconX.

As the director of the Federal Housing Finance Agency (FHFA), Bill Pulte expressed views on various topics, ranging from pricing based on credit scores, the use of Crypto Assets as collateral, to whether Fed Chairman Powell can maintain his position, leading to significant fluctuations in the stock market. His online comments sometimes start with obscure references, and last Friday, they even temporarily pumped the S&P 500 index. His market influence "turned a previously unknown government official into the star of business news," said Steve Sosnick, chief strategist at Interactive Brokers.

Christopher Perkins, President and Executive Partner of investment company CoinFund, stated that real-world asset (RWA) tokens can democratize investment opportunities that were previously inaccessible to retail investors, similar to how the introduction of exchange-traded funds (ETF) in 1993 expanded retail access to financial instruments. Tokenization of RWA provides a compelling use case for blockchain technology, enhancing capital turnover, enabling equity financing through asset segmentation, creating new types of collateral for Decentralized Finance (DeFi) applications, fundamentally ref