analysts are concerned about the economic and diplomatic consequences after US President Trump threatened to impose a 30% tariff on goods imported from Mexico and the European Union starting from August 1. Mary Lovely, a senior researcher at the Peterson Institute for International Economics, warned that Trump's tariffs will eventually lead to price increases and unemployment, while Alan Sykes of Stanford Law School expressed concern about whether the US will be seen as a credible party in future negotiations. 

the important macroeconomic data to be released in the United States next week are as follows: Tuesday 20:30, US June CPI data, July New York Fed manufacturing index; Tuesday 21:15, Federal Reserve Director Bauman delivers a welcome address at a meeting hosted by the Federal Reserve; Wednesday 00:45, Federal Reserve Director Barr delivers a speech at a meeting hosted by the Federal Reserve; Wednesday 20:30, US June PPI data; Thursday 20:30, US June retail sales monthly rate, US initial jobless claims for the week ending July 12, July Philadelphia Fed manufacturing index, June import price index monthly rate; Friday 22:00, US July one-year inflation rate expectation initial value, July University of Michigan consumer confidence index initial value.

Binance co-founder CZ reposted a tweet from Matt Wallace (@MattWallace888) on X platform, stating: "There is evidence to suggest that Coinbase is attacking the Trump family's crypto project World Liberty Financial and Binance through 'anonymous' sources. Coinbase has learned that CZ may be pardoned due to its high industry fees and poor customer service, the top management of this cryptocurrency company is concerned that its competitor Binance will return to the US in a completely legal position. Binance is the world's leading cryptocurrency exchange. Returning to the US market will immediately weaken Coinbase's market share and severely damage its profits. Most shocking of all, Coinbase is actually pointing the finger at President Trump, trying to harm the interests of its competitors. Will Coinbase admit and take responsibility for its wrong decisions? The answer will soon be revealed."

European Commission President von der Leyen said that we will extend the suspension period of countermeasures against US tariffs until early August. We have always made it clear that we prefer to reach a solution through negotiations with the United States, and this position remains unchanged. Countermeasures are designed for exceptional circumstances, and we have not yet reached the stage of using them. 

Michael Saylor, the CEO of Strategy (formerly MicroStrategy), released information about the Bitcoin Tracker on X platform, with the caption "Sometimes you're not just HODLing." Historical data shows that after Saylor releases such information, he often discloses the company's plans to increase its Bitcoin holdings the next day.

 according to on-chain analyst Yu Jin's monitoring, after transferring 2 million USDT to Binance yesterday, the fund first withdrew 6.334 million 1INCH today, then transferred another 2 million USDC to Binance 10 minutes ago, and the purchase is still ongoing.

a senior political figure in Germany said on Sunday that after US President Trump threatened to increase tariffs on the European Union, intensifying the trade war, the EU and Washington may further negotiate and postpone the increase in import tariffs. "The poker game of negotiations between the EU and the US is entering a decisive stage," said Juergen Hardt, deputy leader of the conservative Christian Democratic Union/Christian Social Union in the German Bundestag. "I bet that at least some agreement will be reached before August 1 and further postponed. After all, high tariffs must be paid by American citizens and companies, which will lead to rising prices and inflation in the US." Hardt said that Europe must prevent Trump from "mistakenly believing" that the US trade deficit is caused by the EU's protectionist measures. He said that due to the dominance of the IT industry, the US has a surplus in the services sector, which largely offsets the trade deficit.

according to on-chain data, as the encryption market rises, insider trader @qwatio currently holds BTC, ETH, and FARTCOIN short positions that have all turned into losses, with an overall floating loss of over $600,000: ·BTC 40x short position: holding 1273.58 coins, valued at $150 million, opening price $117,828.8; ·ETH 25x short position: holding 33,742.74 coins, valued at $99.74 million, opening price $2,966.63; ·FARTCOIN 25x short position: holding 15 million coins, valued at $18.56 million, opening price $1.2543.

 according to Arkham monitoring data, about 35 minutes ago, the address of the 1inch team investment fund (1inch: Team Investment Fund) extracted 6.334 million 1INCH tokens from Binance, worth $2.17 million.

according to Barron's, the Czech National Bank adjusted its U.S. investment portfolio, increasing its holdings of 49,135 shares of Palantir company stock in the second quarter of this year, with a total holding of 519,950 shares by the end of June. In addition, the Czech National Bank purchased 51,732 shares of Coinbase stock in the second quarter, worth approximately $18.1 million, while the bank did not hold any Coinbase stock at the end of the first quarter of this year.

according to Arkham monitoring data, about 18 hours ago, the whale MemeCore transferred 1.391 million TRUMP coins to Binance, suspected of selling, worth $13.35 million. If these tokens are sold, MemeCore will lose $4.45 million, with an investment return rate of -25%.

Zhao Changpeng, the co-founder of Binance, commented on Buffett's refusal to invest in BTC on X platform, saying: No one can be right about everything.

the market shows MOVR breaking through $6.5, currently at $6.51, with a 24-hour increase of 2.2%. The market is fluctuating significantly, please exercise caution.

the European Union has been trying to reach a temporary agreement with the United States to avoid higher tariffs, but Trump's letter has shattered the EU's recent optimism. However, Trump does leave room for further adjustments. Brian Jacobsen, Chief Economist at Annex Wealth Management, wrote that, like previous letters, there are many conditions and terms that can reduce these tariffs, which may be why the market may not like tariff negotiations, but also does not panic about it.

 in an exclusive interview with Fox News, US President Trump, when asked by host Laura Trump about how he hopes to be remembered in history, Trump confidently gave a shocking answer: "I must admit, I am the one who saved America."

Justin Sun stated that as the TRX price continues to rise, the Tron community should take various measures to reduce the fuel cost of Tron (Gas fee) - whether it is to reduce the unit price of energy, increase the energy limit, or encourage staking energy - to ensure that the Tron network remains competitive. According to HTX market data, TRX has risen by 6.15% in the past 7 days, 10.07% in the past 30 days, and 19.99% in the past 90 days.

OKX changed its X account avatar to a "Fat Penguin" NFT theme concept image. Previously, star projects such as OpenSea and Coinbase have changed their official X account avatars to "Fat Penguin" theme concept images.

 Diao Daming, a professor at the School of International Relations of Renmin University of China, said that Musk announced the establishment of the so-called "American Party", which needs to meet the basic requirements of the US federal government for the establishment of a new political party. These requirements include two main aspects: first, there must be enough party members and supporters; second, a certain amount of funds is required. After meeting these conditions, it is necessary to register with the US Election Commission. Only after successful registration can this political party be officially established. At the same time, if this newly established political party wants to participate in elections in various states in the future, it also needs to meet different requirements in each state. The most basic requirement is to collect a certain number of signatures of voters in each state, generally tens of thousands, to prove that this political party has a certain political influence in that state before it can participate in the election in that state. With Musk's vast resources and organizational structure, solving these procedural problems is not difficult. (CCTV News)

On July 6th, it was reported by multiple American media outlets that Elon Musk is brewing an action that could reshape the political landscape of the United States. It is reported that he is pushing for the creation of a new political party called the "American Party". Different from the traditional national layout of third parties, Musk plans to focus on 2 to 3 Senate seats and 8 to 10 House seats, targeting key districts where victory is on a knife-edge.