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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
- 07:17Aguila Trades opens 40x BTC long position at an entry price of $118,033.3According to Jinse Finance, on-chain analyst Ai Yi (@ai9684xtpa) has monitored that trader Aguila Trades, after incurring losses on ETH long positions, has shifted to BTC and opened a 40x leveraged long position, holding 840 BTC (approximately $100 million) at an entry price of $118,033.3. Both positions are currently being adjusted via TWAP.
- 06:58Market Update: Bank of Japan Likely to Keep Benchmark Interest Rate Unchanged Next WeekOdaily Planet Daily – According to market sources, the Bank of Japan may keep its benchmark interest rate unchanged next week, as the central bank believes that elections have little impact on its interest rate stance. (Jin10)
- 06:52Market Update: Bank of Japan Likely to Keep Benchmark Rate Unchanged Next Week, Sees Limited Impact of Elections on Rate PolicyAccording to Jinse Finance, market sources report that the Bank of Japan may keep its benchmark interest rate unchanged next week. The Bank of Japan believes that elections have little impact on its interest rate stance. (Jin10)