President Trump is discussing imposing restrictions on Chinese artificial intelligence, involving OpenAI meeting

According to BIT (bit. com) market data, cryptocurrency concept stocks in the US stock market generally fell, with CRCL falling 1.98%, MARA falling 4.59%, COIN falling 1.04%, BMNR falling 0.98%, MSTR falling 1.33%, and RIOT falling nearly 4.65%.

The Iranian Deputy Foreign Minister stated that Iran's policy is that the Strait of Hormuz will never return to its pre war state. If ships are allowed to pass through the southern channel of the Strait of Hormuz, Iran's sovereignty over the Strait of Hormuz will become a mirage. Iran has informed France and Britain that any deployment of warships in the Strait of Hormuz for the purpose of mine clearance will make these warships legitimate targets for attack.

Kraken has opened up the Jersey Mike's IPO subscription to retail investors. US users can apply to subscribe to stocks at the IPO price, and users from over 110 countries and regions can apply for tokenized stock JMKEx. JMKEx is supported 1:1 by underlying stocks and will be traded on Kraken and xStocks Alliance platforms after the IPO is completed. Jersey Mike's is expected to issue at a price of $21 to $25 per share and will be listed on the New York Stock Exchange under the JMKE code.

According to data from the World Federation of Large Enterprises, the US Consumer Confidence Index fell 1.4 points to 90.8 in July, lower than the median estimate of 92.4 by economists. The indicators measuring the current situation have dropped to their lowest level since 2021, while the indicators reflecting expectations for the next six months remain unchanged. In July, consumers' views on the job market weakened, with the gap between the ratio of job abundance and difficulty finding narrowing to the smallest since 2021. During the investigation, gasoline prices in the United States fluctuated due to the impact of the US Iran conflict.

Senate Majority Leader Thune has confirmed that the Bitcoin Clarity Act is about to undergo a Senate vote and is listed as a priority before the August recess. （The Bitcoin Historian）