The US and Europe reach a new trade protocol, Bitcoin may face a tactical consolidation period.

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Today's Industry News Overview

Macroeconomic Policy

The United States and the European Union have reached a new trade agreement, the main contents include:

  • Impose a 15% tariff on EU goods exported to the US
  • The European Union will increase its investment in the U.S. by $600 billion.
  • The EU will purchase American military equipment and $750 billion worth of energy products.
  • Steel and aluminum tariffs remain unchanged
  • A unified 15% tariff on the automotive and pharmaceutical industries
  • Tariff policies in the chip sector will be determined within two weeks.

The President of the European Commission stated that a 15% tariff is the best outcome at present, and the EU welcomes more reasonably priced liquefied natural gas imports from the United States. Details of the agreement will be announced in the coming weeks.

Industry Trends

A corruption case involving a reward fund of 140 million yuan occurred on a short video platform:

  • Former employees colluded with external suppliers to illegally siphon off company bonuses.
  • The involved parties transferred the illicit funds through methods such as registering shell companies and laundering virtual currency.
  • 7 individuals involved in the case have been sentenced to prison terms ranging from 3 to 14 years and a half.
  • The prosecution reminds enterprises to strengthen risk prevention and control in response to the upgrading of commercial corruption methods.

Market Viewpoint

10x Research Founder Analysis of Bitcoin Trends:

  • It is recommended to pay attention to the support level of $111,673, which may be an ideal entry point.
  • If it breaks through $120,000 and stabilizes, it is also a good buying opportunity.
  • Set a tighter stop loss

Matrixport Analysis:

  • August and September are usually months when Bitcoin performs weakly.
  • Multiple key events this week may drive market volatility.
  • The short-term market may enter a tactical consolidation period.

Project Progress

  • A trading platform will launch the Optimism (OP) trading pair
  • ZORA's market value surpasses 300 million USD, with a certain whale long position showing a profit of over 2.2 million USD.
  • Users holding more than 218 Alpha points in a certain wallet can participate in DELABS's TGE.

Important Data

  • A certain stablecoin issuer minted 1 billion USDT on the Tron network.
  • Last week, digital asset investment products recorded an inflow of $1.9 billion, with Ethereum attracting $1.59 billion.
  • BNB reached an all-time high of $860
  • The total open interest in Ethereum futures contracts across the network has surpassed $60 billion.
  • Ethereum spot ETF saw a net inflow of $1.85 billion last week, marking the second highest in history.

Institutional Dynamics

  • The French company Capital B purchased 58 Bitcoins for 5.9 million euros, bringing its total holdings to 2013 coins.
  • Metaplanet increased its holdings by 780 Bitcoins, bringing the total to 17,132 Bitcoins.
  • SharpLink Gaming has purchased and staked over 77,000 ETH

Financing Acquisition

Courtyard secures $30 million in Series A funding:

  • Forerunner Ventures led the investment, with NEA and Y Combinator participating.
  • Primarily sells "blind box" cards and comic books in the form of digital vending machines.
  • Monthly sales have increased from $50,000 at the beginning of the year to $50 million.
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NFT_Therapyvip
· 12h ago
What are the US and Europe playing at?
View OriginalReply0
ThesisInvestorvip
· 18h ago
Both the US and Europe are singing a duet.
View OriginalReply0
SerumSqueezervip
· 08-12 21:01
Please be careful, don't say I am a rune token player~
View OriginalReply0
GamefiEscapeArtistvip
· 08-12 20:48
Be Played for Suckers not enough? easy earn 0撸
View OriginalReply0
GasFeeBeggarvip
· 08-12 20:46
The coin price is going to go sideways again, right?
View OriginalReply0
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