● Trump announces tariffs of 15% to 50% on most countries
According to BlockBeats, on July 24, President Trump announced that he would impose tariffs of 15% to 50% on most countries in the world. Trump stated that the US is engaged in serious negotiations with the EU, and if the EU agrees to open its market to US businesses, the US will allow them to pay lower tariffs.
● US government launches AI action plan, led by President Trump with three strategic pillars
According to PANews, the US government has launched the AI.Gov website, introducing the (US AI Action Plan). This plan is led by President Trump and proposes three strategic pillars: accelerating innovation, building AI infrastructure, and leading international AI diplomacy and security.
The plan emphasizes reducing regulation, supporting open-source AI, strengthening infrastructure, and international cooperation to enhance the nation’s AI competitiveness. It promotes the application of AI in key areas such as healthcare, manufacturing, and defense, consolidating the US's global AI leadership.
● Trump's digital assets task force to release first crypto policy report on July 30
According to PANews, Bo Hines, executive director of Trump's Digital Assets Advisory Committee, stated on platform X that the presidential digital assets task force has completed its 180-day report. This report will be the first crypto policy report and will be publicly released on July 30.
● Wall Street firms massively increase ETH holdings as strategic reserve assets
According to PANews, a competition dubbed 'Ethereum version of MicroStrategy' is unfolding on Wall Street. Driven by Ethereum co-founder Joseph Lubin and strategist Tom Lee, publicly traded companies such as SharpLink Gaming, Bitmine, and The Ether Machine are massively increasing their ETH holdings as strategic reserve assets.
● CryptoQuant analyst: Ethereum may pull back in the short term
According to Odaily Planet Daily, CryptoQuant analyst Crypto Dan stated that Ethereum has surged recently, posing a risk of a short-term pullback. However, from a larger timeframe perspective, the current increase still appears insufficient.
● EU and US close to reaching trade agreement, may exempt certain EU goods
According to BlockBeats, on July 24, EU diplomats stated that the EU and the US are moving towards a possible trade agreement, with the baseline tariff on EU goods set at 15%.
The potential US-EU agreement may include exemption clauses for certain EU goods. EU member states will vote on Thursday regarding the imposition of €93 billion in counter-tariffs on US goods.
● 21Shares collaborates with Société Générale to support Bitcoin and Ethereum ETPs
According to Odaily Planet Daily, cryptocurrency ETP issuer 21Shares has signed an ETP market-making fund platform agreement with Société Générale. Société Générale will provide over-the-counter liquidity on major fund platforms in Germany and Eastern Europe to support 21Shares' Bitcoin and Ethereum ETPs, including ABTC, CBTC, AETH, CETH.
