On July 7, data from the U.S. Department of Energy showed that the U.S. Strategic Petroleum Reserve (SPR) crude oil inventory decreased by approximately 6.2 million barrels last week, dropping to 319.5 million barrels, the lowest level since April 1983. This inventory decline is part of the U.S. commitment to release a total of 172 million barrels of crude oil from the Strategic Petroleum Reserve.

On July 7, data from the U.S. Department of Energy showed that the U.S. Strategic Petroleum Reserve (SPR) crude oil inventory decreased by approximately 6.2 million barrels last week, dropping to 319.5 million barrels, the lowest level since April 1983. This inventory decline is part of the U.S. commitment to release a total of 172 million barrels of crude oil from the Strategic Petroleum Reserve.

On July 7, Anthropic signed a lease for TeraWulf's data center located in Kentucky.

On July 7, Anthropic signed a lease for TeraWulf's data center located in Kentucky.

On July 7, Federal Reserve Governor Waller stated that the Fed will not intentionally maintain low interest rates to assist the U.S. government in financing its budget deficit. He noted that considering the establishment of an inflation target range is reasonable. Fed Chairman Waller reiterated the commitment to the 2% target, expressing a preference for setting the inflation target as a range. However, adjusting the inflation target at this stage would undermine the Fed's credibility.

On July 7, Federal Reserve Governor Waller stated that the Fed will not intentionally maintain low interest rates to assist the U.S. government in financing its budget deficit. He noted that considering the establishment of an inflation target range is reasonable. Fed Chairman Waller reiterated the commitment to the 2% target, expressing a preference for setting the inflation target as a range. However, adjusting the inflation target at this stage would undermine the Fed's credibility.

On July 7, The Kobeissi Letter stated that it currently believes the S&P 500 index is preparing to break above 8000 points, as chip stocks have quietly become the new leading sector in this bull market. Although many of the 'Seven Giants' of US stocks have fallen more than 20% from recent highs, semiconductor stocks have taken over market leadership. This year, 8 out of the 10 best-performing stocks in the S&P 500 are from the chip industry. Despite the weakness of large tech stocks that have led the market since 2022, the S&P 500 is currently only about 1% below its historical high. This marks the first time since 2022 that the market has risen under the leadership of sectors outside the 'Seven Giants,' while the 'Seven Giants' have shown contrary trends. The report suggests that this rotation is positive, as the 'Seven Giants' are preparing to take the lead again. As large-cap tech stocks begin to regain leadership, while semiconductors continue to outperform or even cool down, the S&P 500 is expected to rise above 8000 points. Asset holders will continue to benefit.

On July 7, The Kobeissi Letter stated that it currently believes the S&P 500 index is preparing to break above 8000 points, as chip stocks have quietly become the new leading sector in this bull market. Although many of the 'Seven Giants' of US stocks have fallen more than 20% from recent highs, semiconductor stocks have taken over market leadership. This year, 8 out of the 10 best-performing stocks in the S&P 500 are from the chip industry. Despite the weakness of large tech stocks that have led the market since 2022, the S&P 500 is currently only about 1% below its historical high. This marks the first time since 2022 that the market has risen under the leadership of sectors outside the 'Seven Giants,' while the 'Seven Giants' have shown contrary trends. The report suggests that this rotation is positive, as the 'Seven Giants' are preparing to take the lead again. As large-cap tech stocks begin to regain leadership, while semiconductors continue to outperform or even cool down, the S&P 500 is expected to rise above 8000 points. Asset holders will continue to benefit.

On July 7, according to the Jerusalem Post, U.S. President Trump stated on Monday local time that negotiations between the U.S. and Iran are close to reaching an agreement, but if the talks fail, the U.S. will 'complete the mission.' He claimed that the U.S. has the capability to destroy all of Iran's power grids, power plants, and critical infrastructure such as bridges in 'less than an afternoon,' but he prefers to resolve the issue through an agreement to avoid impacting Iran's population of 91 million. He reiterated that Iran must never possess nuclear weapons, and the U.S. will acquire Iran's enriched nuclear materials, emphasizing that the goal is not to push for regime change. Trump also asserted that the U.S. military has destroyed all 159 of Iran's vessels, all military aircraft, and radar systems. Regarding oil prices, President Trump stated, 'Oil prices are now lower than before the war (per barrel). The U.S. military secretly escorted tankers during the blockade in the Strait of Hormuz, successfully maintaining global crude oil supply and preventing prices from soaring to $300 to $350 per barrel.'

On July 7, according to the Jerusalem Post, U.S. President Trump stated on Monday local time that negotiations between the U.S. and Iran are close to reaching an agreement, but if the talks fail, the U.S. will 'complete the mission.' He claimed that the U.S. has the capability to destroy all of Iran's power grids, power plants, and critical infrastructure such as bridges in 'less than an afternoon,' but he prefers to resolve the issue through an agreement to avoid impacting Iran's population of 91 million. He reiterated that Iran must never possess nuclear weapons, and the U.S. will acquire Iran's enriched nuclear materials, emphasizing that the goal is not to push for regime change. Trump also asserted that the U.S. military has destroyed all 159 of Iran's vessels, all military aircraft, and radar systems. Regarding oil prices, President Trump stated, 'Oil prices are now lower than before the war (per barrel). The U.S. military secretly escorted tankers during the blockade in the Strait of Hormuz, successfully maintaining global crude oil supply and preventing prices from soaring to $300 to $350 per barrel.'

On July 6, according to BIT (bit.com) market data, Dell's stock price increased by over 8%, currently reported at $427.26. This surge follows U.S. President Trump's public call to 'go buy a Dell computer,' once again endorsing Dell. In response to earlier reports of Dell's donation to the 'Trump account,' Trump stated, 'We will find a way to get that money back.'

On July 6, according to BIT (bit.com) market data, Dell's stock price increased by over 8%, currently reported at $427.26. This surge follows U.S. President Trump's public call to 'go buy a Dell computer,' once again endorsing Dell. In response to earlier reports of Dell's donation to the 'Trump account,' Trump stated, 'We will find a way to get that money back.'

On July 6, Jiang Zhuoer, founder of the B.TOP mining pool, stated that Strategy has sold 3,588 BTC, raising $216 million. This marks the first significant sale of BTC by Strategy, which has a cash reserve of $2.55 billion, sufficient to cover 17.6 months of interest payments, and has proactively sold more BTC than needed for interest payments. This action breaks the narrative that 'Strategy never sells coins.' The reasoning behind Strategy's current large-scale selling is unclear; even without dollars, they could continue financing through issuing common stock. Although this would lead to a decrease in the amount of BTC per share, they believe maintaining the 'not selling coins' narrative and faith is significantly more important than the BTC per share amount. If Strategy does not repurchase at a low point after a large sale, it would similarly lead to a decrease in BTC per share. Strategy is willing to pay this price, which can only be understood as preparing to use a large amount of BTC for swing trading. Jiang Zhuoer further stated that the 20,000 BTC approved by the shareholders will likely be fully sold. He believes that in the subsequent bull market phase, the market may witness an entity holding hundreds of thousands of BTC engaging in sales.

On July 6, Jiang Zhuoer, founder of the B.TOP mining pool, stated that Strategy has sold 3,588 BTC, raising $216 million. This marks the first significant sale of BTC by Strategy, which has a cash reserve of $2.55 billion, sufficient to cover 17.6 months of interest payments, and has proactively sold more BTC than needed for interest payments. This action breaks the narrative that 'Strategy never sells coins.' The reasoning behind Strategy's current large-scale selling is unclear; even without dollars, they could continue financing through issuing common stock. Although this would lead to a decrease in the amount of BTC per share, they believe maintaining the 'not selling coins' narrative and faith is significantly more important than the BTC per share amount. If Strategy does not repurchase at a low point after a large sale, it would similarly lead to a decrease in BTC per share. Strategy is willing to pay this price, which can only be understood as preparing to use a large amount of BTC for swing trading. Jiang Zhuoer further stated that the 20,000 BTC approved by the shareholders will likely be fully sold. He believes that in the subsequent bull market phase, the market may witness an entity holding hundreds of thousands of BTC engaging in sales.

On July 6, it was reported on social media that the Chief Accounting Officer of Strategy has officially retired, and the position will be succeeded by the current Chief Financial Officer, Andrew Kang.

On July 6, it was reported on social media that the Chief Accounting Officer of Strategy has officially retired, and the position will be succeeded by the current Chief Financial Officer, Andrew Kang.

On July 6, Tom Lee, Chairman of BitMine, the largest treasury in Ethereum, stated that despite the prevailing skepticism towards ETH in the market, the rising ETH/BTC exchange rate indicates that investors are anticipating an improvement in the visibility of cryptocurrency 'use cases', which is a positive development for the market.

On July 6, Tom Lee, Chairman of BitMine, the largest treasury in Ethereum, stated that despite the prevailing skepticism towards ETH in the market, the rising ETH/BTC exchange rate indicates that investors are anticipating an improvement in the visibility of cryptocurrency 'use cases', which is a positive development for the market.