🔡🔡🔡 Summary of the Most Outstanding News of the Day
🟢 President Trump announced that he will soon impose a 10% tax on BRICS countries.
🟢 President Trump confirmed that the tax will take effect on August 1, 2025, and there will be no extensions or changes to the timeline.
🟢 President Trump stated that new research from the Council of Economic Advisors (CEA) shows that tariffs “do not” affect inflation, and he urged Powell to cut interest rates immediately.
🟢 The U.S. House of Representatives declared that it is taking “historic steps to ensure that the United States remains the capital of the world for crypto.”
🟢 ReserveOne plans to list on Nasdaq through a merger deal worth over $1 billion. They will manage a crypto portfolio including $BTC, $ETH, and $SOL.
🟢 DeFi Dev Corp has purchased an additional 47,272 $SOL for its treasury, bringing the total $SOL held to 690,420 $SOL ~ 104 million dollars.
🟢 SharpLink currently holds 205,634 $ETH ~ 515 million USD and has earned 322 $ETH ~ 800K USD from staking since implementing its treasury strategy in June of this year.