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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
- 09:13CoinShares: Digital asset investment products saw $2.48 billion in inflows last weekJinse Finance reported that the latest report from a certain exchange shows that digital asset investment products recorded an inflow of $2.48 billion last week. In August alone, the total inflow reached $4.37 billion, bringing the year-to-date inflow to $35.5 billion. This week saw strong capital inflows, but after the release of the core Personal Consumption Expenditures (PCE) data on Friday, inflows turned negative. The data failed to support expectations for a Federal Reserve rate cut in September, disappointing digital asset investors. This situation, coupled with the recent downward trend in prices, led to a 10% decline in total assets under management from the recent peak, down to $219 billion. Ethereum continued to outperform Bitcoin, attracting $1.4 billion in inflows, while Bitcoin saw $748 million. In August, Ethereum accumulated $3.95 billion in inflows, while Bitcoin experienced an outflow of $301 million. Meanwhile, Solana and XRP continued to benefit from optimism surrounding the prospects of a US ETF launch, with inflows of $177 million and $134 million, respectively.
- 09:02595,000 new tokens were created on Pumpfun in AugustJinse Finance reported, according to @defioasis data, in August, Pumpfun created a total of 595,000 new tokens, regaining the main market share of the Solana Launchpad; nearly 1.35 million addresses traded these new tokens created by Pumpfun during the month. However, the overall loss reached $66 million, and there were no addresses with realized profits exceeding $1 million; 65.4% of addresses lost between $0 and $1,000, with an average loss of $73.41.
- 09:02JustLend DAO adjusts energy rental pricesChainCatcher News, according to the official announcement, in order to promote the sustainable and healthy development of the ecosystem, the energy cost on the Tron network has been significantly reduced from 210 sun to 100 sun. JustLend DAO officially lowered the base rate for energy leasing from 15% to 8% on September 1. This adjustment is expected to reduce the cost of burning TRX in transactions by more than 50%, significantly improving users' asset allocation and circulation efficiency. This sustainable upgrade of the Tron ecosystem is expected to attract more builders to participate, and users can now enjoy a more economical and reliable energy leasing service at more competitive prices.