Introduction: 1. BTC market value proportion rebounded by 0.58% to 60.94%, with a altcoin index of 52. On July 22, stablecoins increased by 310 million, USDT increased by 280 million, USDC increased by 57 million, and the total amount was 228977 million 2. Tariffs: The Philippines pays a 19% tariff, Japan pays a 15% tariff, and invests $550 billion in the United States Negotiations on tariffs between China and the United States will begin next Monday and Tuesday; August 1st is the general deadline for hard tariffs 3. Gold rose 1.03% to 3427, about to reach a historic high 4. The SEC has approved the conversion of Bitwise Crypto Index Fund to ETF (including 10 tokens such as BTC and ETH), but it requires a review and is temporarily suspended from taking effect. Reason: It is necessary to standardize ETF standards for tokens such as XRP and ADA. 5. Kaito Phase 1 Launchpad Project: Subscription Time: July 23rd 12:00 (UTC)