1. Iranian President Pezeshkian: Iran no longer trusts negotiations with the United States

Iranian President Pezeshkian stated that Iran no longer trusts negotiations with the United States because the U.S. launched attacks and imposed sanctions after negotiations. Qatar and Pakistan are mediating between Iran and the U.S. Pezeshkian claimed that negotiations are based on the memorandum of understanding signed by both countries, and the U.S. needs to clarify its position on this matter. Pezeshkian blamed the United States for the closure of the Strait of Hormuz and said that the crisis in the Strait of Hormuz could be resolved through negotiations rather than force. -Original

2. Fidelity’s Jurrien Timmer: A new bull market for Bitcoin has begun, target price of $300,000 by 2029

Fidelity’s global macro head Jurrien Timmer stated that Bitcoin's power-law model shows that after maintaining the $60,000 level, a new cyclical bull market for BTC is unfolding, with a target price of $300,000 by 2029. -Original

3. Trump: The U.S. completely controls the Strait of Hormuz, rejects Iran's proposal to reopen it

U.S. President Trump stated that the U.S. completely controls the Strait of Hormuz, with a significant amount of oil flowing out of the Strait, and he rejected Iran's proposal to reopen the Strait of Hormuz. -Original

4. U.S. 10-year Treasury yield hits 5.23%, highest since 2007

U.S. Treasury yields climbed on Friday, with the 10-year yield touching 5.230% during the session, the highest since June 2007; the 30-year yield surpassed 5.51%, and the 2-year yield approached 4.90%. S&P Global's business survey released on Wednesday showed the largest month-on-month improvement in manufacturing since 2022 and the strongest performance in services since 2021; real consumer spending in the second quarter increased at an annualized rate of 3.4%, and the Atlanta Fed's GDPNow model predicts nearly 4% for the third quarter. Yardeni Research's chief strategist Yardeni stated that the surge in yields is primarily due to the booming U.S. economy; Cleveland Fed President Hammack indicated that the market has priced in an interest rate hike and stated that federal fiscal policy is unsustainable. -Original

5. Trump's approval rating drops to 37%, lowest before midterm elections since 1990

The Wall Street Journal poll shows that Trump's approval rating has dropped to 37%, the lowest level for any president before midterm elections since 1990, and Republican candidates, strategists, and legislators are concerned about the election prospects. -Original

6. Trump administration plans to launch overseas stablecoin initiative, Tether holds $11.496 billion in U.S. debt

The Trump administration is considering launching an overseas stablecoin initiative, involving the Treasury Department, the State Department, and the U.S. International Development Finance Corporation, to expand the use of the dollar and support demand for U.S. debt. As of June 30, Tether held $11.496 billion in U.S. debt, with total reserve assets of $18.775 billion, exceeding liabilities by $4.11 billion. -Original

7. U.S. regulators sue Cash FX for operating a $950 million Ponzi scheme, investors loss $406 million

U.S. regulators have sued Cash FX for allegedly operating a $950 million Ponzi scheme, where the platform promised investors returns of up to 15% weekly through AI trading, with the CFTC noting that the platform engaged in virtually no trading, leading to losses of at least $406 million for investors. -Original

8. In the past 24 hours, 10,800 BTC flowed out of exchange wallets, worth $1.083 billion

According to real-time data from AiCoin, over the past 24 hours, a total of 10,800 BTC flowed out of exchange wallets, worth $1.083 billion. Among them, the most significant outflow was from Binance, with a total of 5,696 BTC, followed by Kraken, with an outflow of 1,700 BTC. For more capital flows from exchanges, please visit the AiCoin website - Data - Hyperliquid at: https://www.aicoin.com/zh-Hans/hyperliquid -Original

The above are the highlights from the past 24 hours, for faster news, please download AiCoin (aicoin.com)

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