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Iran claimed it closed the Strait of Hormuz due to US military actions, but US Central Command denied this, stating the strait remains open and Iran does not control it. The status of this vital waterway, through which thousands of ships pass, has drawn international attention amid regional tensions.
Read MorePresident Trump's approval rating hits a new low in his second term, driven by the prolonged Iran conflict and soaring gas prices. Polls show over 60% of Americans deem the war "not worth it," with bipartisan discontent creating significant political pressure ahead of the election cycle.
Read MoreSince HYPE team token unlocks began, approximately 4.33 million tokens have been sold for $165 million. Meanwhile, the project's relief fund spent $364 million to buy back nearly 10 million tokens—more than double the sell-off volume. The market is closely watching the impact of these large-scale capital movements.
Read MoreRepresentatives from multiple countries signed the Agreement on Establishing the World Artificial Intelligence Cooperation Organization in Beijing, launching the first global framework for AI governance cooperation. The organization aims to foster international dialogue, technical standards alignment, and shared ethical rules in AI.
Read MoreThe yield on the benchmark U.S. 10-year Treasury note surged to 4.7388% on July 31, reaching its highest level since January 2025. This sharp rise signals shifting market expectations on inflation and Federal Reserve policy, putting pressure on global asset valuations.
Read MoreTom Lee suggests South Korean stocks may be in the final stage of bottoming as policymakers show signs of panic. He cites David Tepper's view that when policymakers panic, market panic often subsides.
Read MoreUniswap has launched its ‘Earn’ yield product, allowing users to deposit USDC, USDT, and ETH directly from the Uniswap interface to generate interest. Funds are deployed to on-chain lending markets in a self-custody model with no lock-up periods, enabling flexible deposits and withdrawals.
Read MoreOpenAI announced its AI models now reach over 1 billion monthly active users globally. This milestone signifies generative AI's transition from experimentation to mainstream adoption, fundamentally reshaping how people work and interact with technology worldwide.
Read MoreTether's Q2 2026 report reveals $1.5B net operating profit, with reserves exceeding liabilities by $4.11B. USDT circulation grew, capturing over 60% market share. The company reduced secured loans and increased gold holdings, bolstering financial strength.
Read MoreOn July 31st, Amazon's stock price surged 15.2%, marking its largest single-day percentage gain since 2012. The stock closed at $271.255, elevating its market capitalization to approximately $2.92 trillion. This dramatic rise was fueled by second-quarter earnings that significantly surpassed analyst expectations, highlighting robust performance in its core cloud computing and e-commerce segments.
Read MoreKey Fed officials are striking a more hawkish tone than the official statement suggests. Dallas Fed President Lorie Logan reiterated that underlying inflation remains above target, justifying a restrictive policy stance. This signals internal caution about rate cuts, suggesting higher rates may persist.
Read MoreOn-chain data reveals a prominent crypto address suffered three consecutive liquidations during market decline, with total holdings falling below $100,000. The updated liquidation threshold now stands at $1,843.40, highlighting leveraged position risks amid volatility.
Read MoreU.S. Treasury Secretary Besant announced a global effort to trace and seize Iranian assets, aiming to secure compensation for victims of Iran-backed terrorism. The U.S. will maintain its military and economic pressure on Iran without easing current measures.
Read MoreSeveral Federal Reserve officials have voiced support for interest rate hikes, citing persistent inflation as the key driver. Concerns are rising that without policy action, inflation may not return to the 2% target on its own, signaling potential for a more aggressive tightening path.
Read MoreBitcoin has experienced a notable correction, falling below the key $63,000 level to trade around $62,985.99, marking a nearly 3% drop in 24 hours. Heightened market volatility underscores the need for investors to exercise caution and implement robust risk management strategies.
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