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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: 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
Mayor Eric Adams is betting big on crypto donors to defeat Zohran Mamdani, but the strategy could backfire with Democrats in NYC. The outcome may shape the party's broader stance on crypto nationwide.
- 21:48Chair of U.S. Public Company Oversight Board Resigns at SEC Chair’s RequestAccording to a report by Jinse Finance, Erica Williams, Chair of the U.S. Public Company Accounting Oversight Board (PCAOB), has resigned following a request from U.S. Securities and Exchange Commission Chair Paul Atkins. In an email sent to PCAOB staff, Williams stated that her last working day will be July 22. Williams began serving as PCAOB Chair in January 2022 and was reappointed in June 2024.
- 21:42Cantor Fitzgerald Nears $4 Billion SPAC Deal with Bitcoin Pioneer Adam BackAccording to a report by Jinse Finance, U.S. brokerage Cantor Fitzgerald is nearing a SPAC deal worth approximately $4 billion with Bitcoin pioneer Adam Back. The transaction will see Cantor’s blank-check company, Cantor Equity Partners 1 (to be renamed BSTR Holdings), acquire over 30,000 bitcoins (valued at more than $3 billion) and raise an additional $800 million to further expand its digital asset purchases. Adam Back will receive shares in the company. This collaboration comes as the U.S. Congress holds its “Crypto Week” to review related legislation.
- 21:23The "insider trader" who once lost $9.574 million closed a position of 319.68 BTC, earning a profit of $205,000According to Foresight News, monitoring by @ai_9684xtpa shows that the trader who previously incurred a loss of $9.574 million from short positions between July 11 and 14 has recently started to take profits. In the past half hour (UTC+8), this trader closed 319.68 BTC positions, realizing a profit of $205,000. The remaining positions, valued at $67.29 million, are still showing an unrealized profit of $367,000.