Swiss bank BancaStato officially launches Bitcoin and cryptocurrency trading services

Charles Schwab calls on the US Senate to pass the Crypto Clarity Act, which manages assets worth $13 trillion. （Watcher.Guru）

Renowned analyst PlanB opposes the BIP-110 proposal, arguing that fork supporters do not understand the essence of Bitcoin as a decentralized anonymous asset. BIP-110 is a temporary soft fork proposal that plans to reduce non payment data in transactions by adding 7 consensus restrictions. Currently, the miner support rate is about 1%, far below the 55% required for approval. The final result will be announced around August 7-8.

According to Bitcoin News on the X platform, 9 institutional investors have established the Bitcoin Security Consortium, promising to invest $15 million in Bitcoin security work over the next three years.

The International News Agency quoted the Russian Deputy Prime Minister as saying that the ban on Russian gasoline exports will be extended until the end of this year and will be lifted after the market recovers.

Citrini analyst Jukan responded to negative rumors in the NAND market by stating that SanDisk's low-priced LTA is a strategic choice, and that China's CSP demand is met by Changjiang Storage. Cloud vendors have sufficient demand to digest QLC eSSD, and the fundamentals of the storage track have not deteriorated, maintaining a bullish view.