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Share link:In this post: China’s exports rose 5.8% in June, beating forecasts and defying U.S. pressure. Exports to the U.S. dropped 16.1%, while shipments to Southeast Asia and the EU surged. Rare earth and steel exports spiked ahead of China’s August 12 trade deal deadline with Washington.
Share link:In this post: Chinese EV brands now hold 10% of Norway’s car market since entering in 2020. Norway refuses to impose tariffs on Chinese EVs, unlike the U.S. and EU. Buyers are choosing Chinese EVs for their price and tech, says NEVA’s Christina Bu.
Share link:In this post: Jensen Huang said China’s military can’t rely on Nvidia chips due to U.S. export limits. He criticized U.S. restrictions, calling them harmful to America’s global tech leadership. Nvidia is developing new chips to comply with current export rules and stay in the China market.
Share link:In this post: Bitcoin hit a new all-time high of $123,400 on Monday after massive ETF inflows. The crypto market has added over $1.2 trillion in value since Trump paused tariffs in April. Bitcoin gained $15,000 after Trump’s “Big Beautiful Bill” passed the House on July 3rd.
Share link:In this post: BOJ has completed offloading bank stocks it purchased from troubled banks during the global financial crisis. The bank is now focused on its stockpile of exchange-traded funds, which stands at 37T yen at the time of publication. The financial institution is also considering tapering its bond purchase from April next year.
Share link:In this post: Scott Bessent skipped the G-20 meeting in South Africa for the second time this year. Trump is targeting BRICS nations with new tariffs, including South Africa and Brazil. South Africa’s development goals are being sidelined as the U.S. pushes its trade agenda.
A growing wave of corporate Bitcoin treasuries is reshaping markets, led by Strategy’s $472.5 million purchase—but mounting risks could test its resilience.
Bitwise CEO says Ethereum’s real battle is with Web2 and legacy finance, not Bitcoin.Leaving the CoinMarketCap Era BehindThe Future Is Use Case-Driven
- 07:14Horizen Completes Token Migration, ZEN Converted to Base Chain ERC-20 Token, Launches Three-Layer Privacy Application ChainAccording to ChainCatcher, as reported by The Block, the Horizen blockchain has migrated its native token ZEN from its original L1 mainnet to the Base chain, converting it into a standard ERC-20 token as part of the deployment of its Horizen 2.0 three-layer privacy application chain. The total supply of ZEN remains unchanged at 21 million. The project team stated that this marks the first step in Horizen’s privacy-centric ecosystem relaunch. Previously, an exchange announced that it would automatically complete the conversion of users’ mainnet ZEN to Base chain ERC-20 tokens.
- 07:0921Shares Signs ETP Market-Making Fund Platform Agreement with Société GénéraleAccording to ChainCatcher, citing GlobeNewswire, cryptocurrency ETP issuer 21Shares has signed an ETP market-making fund platform agreement with Société Générale. Société Générale will provide over-the-counter liquidity through major fund platforms in Germany and Eastern Europe to support 21Shares’ Bitcoin and Ethereum ETPs, including: ABTC, CBTC, AETH, and CETH.
- 07:08Data: Ethereum Foundation transferred 1,000 ETH to its internal address 4 hours agoAccording to ChainCatcher, Arkham monitoring shows that four hours ago, the Ethereum Foundation transferred 1,000 ETH (approximately $3.67 million) to one of its internal addresses. This address currently holds 10,000 ETH, valued at around $36.1 million