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Federal Reserve’s Barkin: Not sure whether it will support the rate-hike proposal
PANews, August 1 — Federal Reserve Barkin said that whether interest rates are high enough is a “difficult to judge” question. Whether additional restrictive measures are needed is the real issue: he is not sure whether he would support the rate-hike proposal from the three dissenters.
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Trump: I’m annoyed by Iran’s negotiation approach—what could be done in 10 minutes took 7 hours instead
Trump will speak in the cabinet meeting, saying, “We just want to win.” He said Iran has been badly hit, has almost no air and sea defenses, and has no nuclear weapons; if they really had nuclear weapons, the Middle East would be destroyed. He said that in the next four weeks, very severe strikes would be carried out against Iran, and that an agreement could be reached with participation from Vitkov, Kushner, Vance, and Rubio, but he is increasingly distrustful of Iran because they lie during negotiations. During the talks, Iran fired 5 missiles at Jordan, and the delay took too long, which made him furious.
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Apple’s intraday decline widened to 10%, its largest drop since April 2025.
PANews August 1, according to Bybit data, Apple’s intraday decline widened to 10%, the largest drop since April 2025. Apple expects revenue growth of 9% to 11% in the fourth fiscal quarter, while the market expects growth of 12.1%.
AAPL-9.87%
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Trump talks about Iran: an agreement can be reached
PANews August 1, reported by Jinting: U.S. President Trump said that an agreement with Iran could be reached, and that the president’s special envoy, Witkoof, along with Kushner, U.S. Vice President Vance, and U.S. Secretary of State Rubio, would take part in the negotiations. Regarding the likelihood of reaching an Iran deal, Trump said he has increasingly lost confidence in Iran because they lie. In addition, Trump also praised Nvidia.
NVDA1.58%
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NVIDIA Releases Video Codec SDK 13.1: Introduces Zero-Copy Transcoding and Precise Frame Positioning Capabilities
NVIDIA releases Video Codec SDK 13.1, adding an AV1 layered reference mode, a zero-copy transcoding architecture, precise frame-level search, enhanced hardware decoding statistics, and a new Docker development environment. It improves the performance and efficiency of AI video processing, streaming, and large-scale content distribution. In decoding, it adds H.264/H.265 per-macroblock decoding statistics information, with no additional CPU parsing overhead. This version is designed to help developers build efficient, low-latency, scalable video processing pipelines for high-quality video, generative AI, remote collaboration, and large-scale distribution scenarios.
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NVDA1.58%
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Analysis: Bitcoin falls to a two-week low, with the market focusing on the $62k support level
Bitcoin faced renewed pressure again at the end of July, falling to a two-week low as the market worried it could dip into the $62k range. Analysts say volatility in the South Korean stock market has increased trading activity in the crypto market, indicating a strengthening correlation between liquidity, regional equity positioning adjustments, and technology sentiment. Despite a decent performance in July, August may see similar phase-by-phase corrections like those during the 2022 bear market. BTC/USD recorded a cumulative gain of about 8.5% in July. Some traders expect the rebound to continue into August, and to look for a long-term bottom after a staged recovery.
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BTC-2.98%
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U.S. Central Command Denies Iran Has Closed the Strait of Hormuz: The Shipping Lanes Remain Open to Merchant Vessels
PANews August 1 report: According to Jin Ten, the U.S. Central Command stated that the Iranian government has again claimed that it has closed the Strait of Hormuz. This is false. In fact, the Strait of Hormuz is still open to merchant vessels. Iran does not control the strait. Over the past four months, thousands of ships have passed through this international waterway.
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OpenAI has more than one billion active users, serving over two million companies.
PANews July 31 news: OpenAI: Our models now have more than one billion active users, and we now cover more than 2 million enterprises. The work completed through Codex accounts accounts for 99.8% of the total weekly output Tokens.
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Tether’s net profit in Q2 was $1.5 billion, with reserve surplus of about $4.1 billion, and its gold holdings increased to over 146 tons
PANews July 31 news: Tether International released its audited results for Q2 2026, showing that the company’s net operating profit for the quarter was approximately $1.5 billion, mainly from investments in U.S. Treasuries and repurchase agreements. As of June 30, the USD₮ issuance was approximately $184.6 billion, up about $446 million from the end of the previous quarter. Despite a decline in overall market capitalization, it maintained a market share of over 60%. The report states that Tether’s total assets were approximately $187.75 billion and its total liabilities were approximately $183.64 billion, of which approximately $183.62 billion was attributable to issued digital tokens. The reserve surplus for digital token holders was about $4.11 billion. During the quarter, it cut its mortgage loan exposure by about $2.38 billion (about 15%), while also adding 14 tons of physical gold holdings,
USDT0.00%
GLDX-1.39%
PAXG-1.40%
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Jensen Huang: AI brings the best era for starting businesses in history—young entrepreneurs shouldn’t be overly anxious about “how hard it is”
Huang Renxun said that the rapid development of AI has made entrepreneurship the best era in history, encouraging young people to take action immediately and learn through practice. When facing the unknown, he advised against overthinking, and to break challenges into steps rather than magnifying them in one’s head. He also emphasized that entrepreneurship does not necessarily guarantee success, and that he remains vigilant about company crises. U.S. data show that nearly half of businesses fail within five years.
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NVDA1.58%
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Trump: Iran will no longer have certain military capabilities soon
PANews August 1 report, citing Jintou: US President Trump said that soon, Iran will no longer have certain military capabilities. Iran is facing difficulties; its situation is very bad. He hopes defense companies will act quickly. Iran has some missiles, but far fewer than 4–5 months ago. Their production capacity has almost completely disappeared.
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IBM expects quantum computing to start contributing revenue in 2028-2029, with a long-term scale of trillions of dollars
IBM’s CEO said quantum computing is expected to generate significant revenue and profits in 2028–2029, with the potential to unlock value in the trillion-dollar range by the late 2030s. IBM and Alphabet, IonQ, Rigetti, and others are accelerating R&D in hardware and software, focusing on hard problems such as materials simulation, supply chain optimization, and new materials/drug development. IBM is also partnering with the U.S. industry CHIPS program to build an independent quantum chip foundry, investing about $2 billion. Bitcoin miners and the crypto industry, on one hand, are looking at renewed compute power and infrastructure, and on the other, are pushing post-quantum cryptography to address potential security threats.
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IBM-0.53%
IONQ1.18%
RGTI0.64%
BTC-2.98%
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The HYPE charity fund’s buyback amount is more than twice the team’s cash-out scale.
Since the HYPE team token unlock in December 2025, about 4.93 million tokens were allocated to team members, with a market value of about $270 million, accounting for 0.493% of the total supply. Of these, 1.19 million tokens were sold on the secondary market for about $32.5 million; another 3.14 million tokens were transferred to an OTC platform, with a transfer value of about $132 million. In total, about 4.33 million tokens were sold for about $165 million. In the same period, the support fund repurchased about 9.8 million tokens, invested about $364 million, with an average monthly repurchase of about 1.23 million tokens, or about $46 million. The repurchase pace was more than twice the selling pace.
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HYPE-1.28%
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In the past 24 hours, liquidations in the crypto market exceeded $360 million, with longs accounting for about 65%.
According to CoinGlass, in the past 24 hours, about 94,746 liquidations occurred in the global crypto derivatives market, totaling about $361 million. Long positions were $235 million and short positions were $126 million, with longs accounting for 65%. By exchange, Binance led with $158 million in liquidations, followed by Hyperliquid with about $64.93 million, Bybit with about $36.40 million, OKX with about $35.59 million, and Gate with about $30.93 million. The largest single liquidation was on Binance for BTCUSDT, at about $4.7629 million.
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Uniswap launches the Earn feature, allowing on-chain deposits of USDC, USDT, and ETH to earn interest
Uniswap launches the Earn feature on the web and in wallets, allowing users to deposit USDC, USDT, and ETH into on-chain lending markets to earn interest. Deposits are completed with a single signature; funds are self-custodied, with no lockups, and can be withdrawn at any time. The underlying infrastructure is provided by Morpho, configured by Gauntlet, and is currently live on the Ethereum mainnet. If users don’t have assets, they can deposit after in-app purchases/swaps, with no additional usage fees. Returns and positions can be viewed in Portfolio.
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UNI-3.46%
USDC0.00%
ETH-2.79%
MORPHO-2.11%
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SparkIgnitesAPrairieFire928:
Get on the train now! 🚗
Binance Wealth Launches a U Liquidity Product With a Limited-Time Annualized Yield of Up to 8%
Binance Wealth launches U period rewards, with a maximum 8% annualized yield, combining exclusive tiered annualized rates and real-time annualized rates. The campaign runs from 2026-08-02 08:00 to 08-16 07:59 (UTC+8). It’s first-come, first-served, with a per-user limit of 10 million U. Real-time annualized yield is credited to the wealth account by the minute; tiered rewards are distributed to the spot account on the next day based on daily snapshots. After the end, only the real-time annualized yield will be kept.
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Federal Reserve’s Logan: Leans toward raising interest rates by 25 basis points
PANews July 31, according to Jintou data, Fed’s Logan said: He is inclined to raise interest rates by 25 basis points. Taking moderate action in the near term will reduce the possibility of needing stronger measures in the future. The FOMC cannot rely on unexpected shocks to achieve its goals. Monetary policy has not suppressed the economy, and inflation has not been moving toward the 2% target. Inflation risks are skewed to the upside, and the solid jobs market is strengthening slightly.
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Brazilian stock exchange B3 technical outage causes market opening delay
PANews July 31, according to Bloomberg, Brazil’s main securities exchange B3 suspended most asset trading on Friday due to technical issues with its trading processing system. B3 said a fault occurred in the operations processing stage, causing most contracts for fixed income and foreign exchange to remain in the auction stage after one hour of the regular market open, and the stock market also failed to open normally. The exchange has not yet provided a recovery timetable, only saying that necessary adjustments have been completed and that it will update the market on the full restoration of services going forward.
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Data: 1,600 BTC transferred between unknown wallets, worth about $102 million
PANews July 31 news: Whale Alert monitoring shows that about 1,600 BTC (about $102 million) was transferred from an unknown wallet to another unknown wallet.
BTC-2.98%
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