U.S. API Cushing Crude Oil Inventories for the week ending July 18

The South Korean digital asset trading barometer DAXA recently made a significant decision, with member platforms Upbit and Bithumb simultaneously announcing that they will terminate trading support for Pundi AI (PUNDIAI) on August 28. Users are required to complete asset withdrawals by September 29. This decision was not sudden. As early as July 14, PUNDIAI was listed by DAXA as a "Trading Alert Project", with core issues raised at that time including security vulnerabilities related to the project and the team's failure to timely and adequately disclose information to investors. Although the project party submitted explanatory materials, DAXA ultimately determined that "the concerns cannot be alleviated solely based on the explanatory materials provided by the foundation," and pointed out that the project has not met the standards for maintaining trading support in terms of legality, sustainability, and security. The starting point of trust collapse digital asset transaction

Global Crypto Assets Market Trends: Macroeconomic Favourable Information Drives Bitcoin to Break Through $106,000 Market Observation The macro environment shows a positive shift. The easing of tensions in the Middle East has boosted market risk appetite, with crude oil prices falling back to pre-conflict levels, and gold briefly dipping below the $3300 mark. The Federal Reserve Chairman signaled key information during a congressional hearing: while he did not explicitly rule out the possibility of a rate cut in July, he emphasized the need for more data to assess the impact of tariffs on inflation, suggesting that it is more likely to wait until the September meeting to decide on a policy shift. This statement was interpreted by the market as dovish, combined with the reduction of geopolitical risks, which propelled US stocks to surge across the board—the Nasdaq 100 reached a historic high, the Dow Jones soared 500 points in a single day, and US Treasury yields declined alongside the dollar. In terms of regulation, a large Crypto Assets trading platform is seeking approval from the US SEC to launch tokenized stock trading services. Tokenized stocks can achieve T+0 settlement and have low thresholds.

#PUNDIAI# A good project, but the whales don't want you to win.

NEWS: $PUNDIAI has risen by 7.3% despite being flagged with a warning by the Digital Asset Exchange Association.

Market Watch: Powell hints at possible delay in interest rate cuts, Bitcoin breaks through $106,000 The macro environment is showing a positive turn. The ceasefire agreement between Israel and Iran has alleviated geopolitical tensions, boosting market risk appetite, with crude oil prices retreating to pre-conflict levels and gold briefly falling below the $3300 mark. Against this backdrop, Federal Reserve Chairman Powell released key signals during a congressional hearing: while he did not explicitly rule out the possibility of a rate cut in July, he emphasized the need for more data to assess the impact of tariffs on inflation, suggesting it is more likely to wait for the September meeting to decide on policy direction. He stated that if inflation pressures are controlled, he would prefer to "cut rates earlier rather than later," but noted that current strong economic conditions do not necessitate hasty action, while also pointing out that tariff uncertainty is the main reason for delaying a rate cut. This statement was interpreted by the market as dovish, combined with the easing of geopolitical risks, driving a broad rally in the US stock market—the Nasdaq 100 reached an all-time high, and the Dow Jones soared 500 points in a single day.