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July 14, according to US media Semafor, a White House official said that Trump is 'very serious' about his plan to impose a 20% transit fee on goods passing through the Strait of Hormuz, a plan he has been pushing for months. Trump has long been interested in imposing a transit fee, questioning his administration in April 'why not' do so, and threatening to impose the fee in June if an agreement with Iran was not reached within 60 days. But Trump does not always put his ideas into practice, and until this week, he had refused to formally announce the plan – partly due to opposition from within his inner circle. 'This has always been something he wanted to do, but some people tried to persuade him to give it up,' the White House official said. 'For him, it has always been his instinctive decision, and he just came back to it.' It remains unclear how this fee system, linked to a restart of the maritime blockade of the strait, would work, nor whether the US has even consulted with Gulf states on the matter. According to the official, the details of the plan are still being finalized.

[White House Says Trump 'Very Serious' About 20% Transit Fee Plan]July 14, according to US media Semafor, a White House official said that Trump is 'very serious' about his plan to impose a 20% transit fee on goods passing through the Strait of Hormuz, a plan he has been pushing for months. Trump has long been interested in imposing a transit fee, questioning his administration in April 'why not' do so, and threatening to impose the fee in June if an agreement with Iran was not reached within 60 days. But Trump does not always put his ideas into practice, and until this week, he had refused to formally announce the plan – partly due to opposition from within his inner circle. 'This has always been something he wanted to do, but some people tried to persuade him to give it up,' the White House official said. 'For him, it has always been his instinctive decision, and he just came back to it.' It remains unclear how this fee system, linked to a restart of the maritime blockade of the strait, would work, nor whether the US has even consulted with Gulf states on the matter. According to the official, the details of the plan are still being finalized.

White House Says Trump 'Very Serious' About 20% Transit Fee Plan

On July 14, according to Bit.com market data, the US stock semiconductor equipment sector recovered pre-market, with: Applied Materials (AMAT) up 3.41%; Onto Innovation (ONTO) up 2.23%; Lam Research (LRCX) up 3.06%; KLA Corporation (KLAC) up 2.74%; Teradyne (TER) up 3.03%; Entegris (ENTG) up 2.00%.

[US Stock Semiconductor Equipment Sector Recovers Pre-Market, AMAT Up 3.41%]On July 14, according to Bit.com market data, the US stock semiconductor equipment sector recovered pre-market, with: Applied Materials (AMAT) up 3.41%; Onto Innovation (ONTO) up 2.23%; Lam Research (LRCX) up 3.06%; KLA Corporation (KLAC) up 2.74%; Teradyne (TER) up 3.03%; Entegris (ENTG) up 2.00%.

US Stock Semiconductor Equipment Sector Recovers Pre-Market, AMAT Up 3.41%

On July 14, according to the official announcement, Huobi HTX officially launched the BTC VIP Current product. Users with Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP Current product has been launched, offering up to 9% annualized yield. Huobi Earn VIP Current is an exclusive high-yield current product launched for users with Prime level 5 and above, combining exclusive customization, high yield, and high liquidity. Users can log in to the Huobi HTX APP, enter the 'Earn' section on the homepage, type 'BTC' in the search box, and select 'VIP Current' to participate.

[Huobi Earn Launches BTC VIP Current Product, Participants Can Enjoy Up to 1% Annual Yield]On July 14, according to the official announcement, Huobi HTX officially launched the BTC VIP Current product. Users with Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP Current product has been launched, offering up to 9% annualized yield. Huobi Earn VIP Current is an exclusive high-yield current product launched for users with Prime level 5 and above, combining exclusive customization, high yield, and high liquidity. Users can log in to the Huobi HTX APP, enter the 'Earn' section on the homepage, type 'BTC' in the search box, and select 'VIP Current' to participate.

Huobi Earn Launches BTC VIP Current Product, Participants Can Enjoy Up to 1% Annual Yield

On July 14, according to official announcement, Huobi HTX officially launched the BTC VIP current product. Users at Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP current product has been launched, offering up to 9% annualized yield. Huobi Earn's VIP current products are exclusive high-yield current products for users at Prime level 5 and above, featuring customized, high-yield, and high-liquidity advantages. Users can log in to the Huobi HTX app, go to the "Earn" section on the homepage, enter "BTC" in the search box, and select "VIP Current" to participate.

[Huobi Earn Launches BTC VIP Current Product with up to 1% Annual Yield]On July 14, according to official announcement, Huobi HTX officially launched the BTC VIP current product. Users at Prime level 5 and above can enjoy up to 1% annualized yield. Additionally, the USDT VIP current product has been launched, offering up to 9% annualized yield. Huobi Earn's VIP current products are exclusive high-yield current products for users at Prime level 5 and above, featuring customized, high-yield, and high-liquidity advantages. Users can log in to the Huobi HTX app, go to the "Earn" section on the homepage, enter "BTC" in the search box, and select "VIP Current" to participate.

Huobi Earn Launches BTC VIP Current Product with up to 1% Annual Yield

On July 14, New York Governor Kathy Hochul signed an order suspending the construction of new hyperscale data centers. The ban takes effect immediately and applies to data centers with electricity consumption of 50 megawatts or more. Previously, according to a study cited by Fortune, the rapid expansion of AI data centers in the United States has significantly driven up public electricity costs. The PJM market monitor, which oversees the grid for 14 states in the Mid-Atlantic and Midwest regions, estimates that the increased electricity demand from data centers will result in an additional cost of approximately $23 billion for electricity users, with this impact lasting at least until the end of 2028. The report states that although several large tech companies have committed to covering the costs of new electricity infrastructure, some expenses may still be passed on to residential and general commercial users due to the fact that costs for public facilities such as transmission lines, substations, and grid upgrades are typically allocated uniformly by regulators. The study also points out that some data centers can reduce their electricity consumption during peak grid periods by flexibly adjusting their load, thereby lowering the grid costs allocated based on peak load, but they still consume a large amount of electricity, resulting in their actual cost burden potentially being lower than the pressure they exert on the grid.

[New York to Temporarily Ban Construction of Large New Data Centers]On July 14, New York Governor Kathy Hochul signed an order suspending the construction of new hyperscale data centers. The ban takes effect immediately and applies to data centers with electricity consumption of 50 megawatts or more. Previously, according to a study cited by Fortune, the rapid expansion of AI data centers in the United States has significantly driven up public electricity costs. The PJM market monitor, which oversees the grid for 14 states in the Mid-Atlantic and Midwest regions, estimates that the increased electricity demand from data centers will result in an additional cost of approximately $23 billion for electricity users, with this impact lasting at least until the end of 2028. The report states that although several large tech companies have committed to covering the costs of new electricity infrastructure, some expenses may still be passed on to residential and general commercial users due to the fact that costs for public facilities such as transmission lines, substations, and grid upgrades are typically allocated uniformly by regulators. The study also points out that some data centers can reduce their electricity consumption during peak grid periods by flexibly adjusting their load, thereby lowering the grid costs allocated based on peak load, but they still consume a large amount of electricity, resulting in their actual cost burden potentially being lower than the pressure they exert on the grid.

New York to Temporarily Ban Construction of Large New Data Centers

On July 14, Oman's Foreign Minister stated that complex discussions are currently underway to form a long-term arrangement to ensure freedom of navigation in the Strait of Hormuz. The current war is a disaster, has not been authorized by the United Nations, and has not achieved any goals. (Jin Shi)

[Oman's Foreign Minister: In consultations on long-term arrangements to ensure freedom of navigation in the Strait of Hormuz]On July 14, Oman's Foreign Minister stated that complex discussions are currently underway to form a long-term arrangement to ensure freedom of navigation in the Strait of Hormuz. The current war is a disaster, has not been authorized by the United Nations, and has not achieved any goals. (Jin Shi)

Oman's Foreign Minister: In consultations on long-term arrangements to ensure freedom of navigation in the Strait of Hormuz

On July 14, according to the Seoul Economic Daily, the South Korean government announced in today's '2026 Second Half Economic Growth Strategy' that it will push forward the legislation of the Digital Asset Basic Act in the second half of the year to strengthen the vitality of the blockchain economy. The bill will subdivide the digital asset industry, establish a regulatory system for business activities, and lay the legal foundation for the institutionalization of stablecoins. In addition, the South Korean government's economic development strategy for the second half of the year also proposes to support the revision of the Capital Market Act to introduce spot ETFs for digital assets such as Bitcoin; research the interoperability of CBDC infrastructure with other blockchains; and formulate the National Asset Basic Act to include virtual assets in the scope of national asset management, among other plans.

[South Korean Government Plans to Advance Digital Asset Basic Act in Second Half of This Year]On July 14, according to the Seoul Economic Daily, the South Korean government announced in today's '2026 Second Half Economic Growth Strategy' that it will push forward the legislation of the Digital Asset Basic Act in the second half of the year to strengthen the vitality of the blockchain economy. The bill will subdivide the digital asset industry, establish a regulatory system for business activities, and lay the legal foundation for the institutionalization of stablecoins. In addition, the South Korean government's economic development strategy for the second half of the year also proposes to support the revision of the Capital Market Act to introduce spot ETFs for digital assets such as Bitcoin; research the interoperability of CBDC infrastructure with other blockchains; and formulate the National Asset Basic Act to include virtual assets in the scope of national asset management, among other plans.

South Korean Government Plans to Advance Digital Asset Basic Act in Second Half of This Year

On July 14, Samsung Electronics stated that it is currently not considering the possibility of issuing American Depositary Receipts.

[Samsung Electronics: No Current Consideration of Issuing ADRs]On July 14, Samsung Electronics stated that it is currently not considering the possibility of issuing American Depositary Receipts.

Samsung Electronics: No Current Consideration of Issuing ADRs

According to reports on the 14th from the Science and Technology Innovation Board Daily, SK Hynix has officially initiated mass production and shipment of 12-layer HBM4 for NVIDIA, with products entering the ramp-up phase. Unlike previous supplies that were classified as samples, this marks the first time HBM4 has completed all quality certifications in its final specification, targeting NVIDIA's next-generation AI platform 'Vera Rubin'. It is reported that starting from September, SK Hynix will formally expand the shipment scale of HBM4 to fully meet the supply demand for NVIDIA's high-end computing chips. (The Bell)

[SK Hynix Accelerates HBM4 Mass Production for NVIDIA]According to reports on the 14th from the Science and Technology Innovation Board Daily, SK Hynix has officially initiated mass production and shipment of 12-layer HBM4 for NVIDIA, with products entering the ramp-up phase. Unlike previous supplies that were classified as samples, this marks the first time HBM4 has completed all quality certifications in its final specification, targeting NVIDIA's next-generation AI platform 'Vera Rubin'. It is reported that starting from September, SK Hynix will formally expand the shipment scale of HBM4 to fully meet the supply demand for NVIDIA's high-end computing chips. (The Bell)

SK Hynix Accelerates HBM4 Mass Production for NVIDIA

Indian crypto banking platform Cashaa is launching a $20 million venture capital fund with plans to invest in 20 to 50 Web 3 startups and projects in metasexes, NFT and more, Business Line reports.

Detail

【Cashaa is launching a $20 million Web3 fund】Indian crypto banking platform Cashaa is launching a $20 million venture capital fund with plans to invest in 20 to 50 Web 3 startups and projects in metasexes, NFT and more, Business Line reports.

Cashaa is launching a $20 million Web3 fund

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Cashaa is launching a $20 million Web3 fund

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