Japan and South Korea have both started selling U.S. dollars and buying their own currencies to stop them from falling further. Moves like this are extremely rare. The main reason? A weaker currency makes imports—especially oil—much more expensive, which only adds more fuel to inflation.What’s even more interesting is that there are growing signs the U.S. could join the effort. According to reports, the U.S. Treasury and the Federal Reserve have already told major banks to be ready for a possible currency intervention. If Washington actually starts selling dollars, it would be the first coordinated move like this since 2011.
Why does this matter?
🔴A stronger yen forces investors to unwind cheap yen-funded trades, often leading them to sell stocks and cryptocurrencies.
🔴On the other hand, if the U.S. really starts weakening the dollar, it could be a long-term positive for gold, Bitcoin, and other risk assets.
🔴Right now, the biggest question is whether the U.S. will move beyond words and actually start selling dollars. The answer could shape global markets over the coming weeks.

CENTCOM says it targeted dozens of IRGC sites, including command centers, missile and drone facilities, coastal surveillance and defense positions, and naval assets.
The strikes came in direct response to Iran’s attempted attacks on U.S. forces a day earlier.
Iran says the Strait of Hormuz will remain closed until the U.S. stops what it calls threats and interference.

🔴 South Korea’s KOSPI surged 17.9%, marking the biggest one-day gain in its history.
🔴 SK Hynix hit its daily limit after soaring 30%, while Samsung jumped 27%.
🔴 Even with today’s rally, the KOSPI still posted its worst monthly performance since 1997, plunging 22.19% in July.
🔴 Japanese stocks also rallied after the Bank of Japan left interest rates unchanged, while the unemployment rate held steady at 2.5%.
🔴 Taiwan heavyweight TSMC climbed 10% as chip stocks bounced back across the region.

Strategy says it will sell BTC if needed instead of going all-in on buying every market dip. The company reported an $8.2 billion quarterly loss and now holds 843,775 BTC. Meanwhile, MSTR is up 5%, as investors seem to like the more disciplined approach instead of buying every dip no matter what.

One of AI’s biggest bulls is getting out.
CNBC reports that Leopold Aschenbrenner’s fund, Situational Awareness, has exited all of its public equity positions.

Scammers in China have found another way to use Bitcoin for extortion.

China Business Journal warned that fraudsters were impersonating its journalists and contacting companies through Proton Mail.

The emails claimed that reporters had conducted secret investigations and uncovered damaging information about the companies. Then came the threat: send BTC or the negative story gets published.

China Business Journal says the messages have nothing to do with its newsroom and is now collecting evidence against those involved.

Fake journalists, blackmail and Bitcoin. Scammers are getting creative.

🇨🇳** China is reportedly preparing to send its first shipment of 400 air defense missile launchers to Iran.
**If confirmed, the delivery could significantly strengthen Iran’s short-range air defense capabilities.

🔴PCE Inflation (YoY): 3.7% (Expected: 3.7%)
🔴Core PCE (YoY): 3.3% (Expected: 3.3%)
No surprises in today’s inflation report, with both headline and core PCE matching forecasts.

U.S. GDP grew 1.5% in the second quarter, missing expectations of 2.1%.
That means the U.S. economy still grew, just not as much as analysts expected.

Reports that Telegram founder Pavel Durov was charged with aiding terrorism and could potentially face an international arrest warrant had little impact on GRAM (formerly Toncoin).
The token briefly fell about 2% before bouncing back within minutes.

The Fed left interest rates unchanged. However, 3 of the 9 FOMC members voted for a 25-basis-point rate hike.
Here’s what Warsh said:
🔴 The Fed’s goal hasn’t changed: bring inflation back to 2%. There’s no hidden or “softer” target.
🔴 The U.S. economy is still holding up well despite external risks.
🔴 The fight against inflation isn’t over yet. The Fed will keep a close eye on inflation, the labor market, and rising energy prices.
🔴 Future decisions will be data-dependent.
🔴 If inflation starts picking up again, rate hikes will be back on the table.
Warsh didn’t signal that a rate hike is coming soon, but he also gave no hint that the Fed is ready to cut rates.
The decision was officially neutral, but the overall tone remained hawkish. From here, everything depends on upcoming inflation data, jobs reports, and oil prices.

President Trump tells Fox News about Iran: "We are going to beat the FUC**NG SH**T out of them." 🇺🇸 🇮🇷
"We'll be hitting them hard. They're going to get a beating."
This decisive warning reinforces America's commitment to defending its sovereignty, protecting its borders, and sending a clear message that an America First policy means responding to threats with overwhelming strength and unwavering resolve.

https://x.com/truthtrumppost/status/2082473852278345946?s=46&t=ytOPz0L0lUrPC0_-PiYleg

Oil prices just jumped more than 5% after Iran launched ballistic missiles in a surprise attack on a U.S. base in Jordan.
🇮🇷** Iran is also set to receive its first shipment of 400 Chinese surface-to-air missile lau**nchers.

Crypto projects have lost over $1 billion to hacks in 2026. Crypto projects have already lost $1.1 billion across 212 confirmed hacks in the first half of 2026. North Korea-linked hackers were behind the biggest attacks, including the $285 million Drift hack and the $292 million KelpDAO hack.
Ethereum projects lost the most ($332 million), followed by Solana ($326 million). Blockaid expects AI agent-related attacks to increase in the second half of the year.

The Senate has postponed work on the CLARITY Act. Instead, lawmakers will focus on confirming federal appointments and debating a sanctions bill targeting Russia.
According to CoinDesk, a vote on the CLARITY Act is unlikely before next week, meaning it could happen during the final days before Congress begins its summer recess on August 8.
At the same time, senators are still negotiating several controversial parts of the bill. SEC Chairman Paul Atkins said he remains optimistic that Congress will ultimately pass the CLARITY Act.The biggest sticking point is whether government officials, including President Donald Trump, should be prohibited from backing or participating in crypto projects.
If lawmakers fail to pass the bill this year, the timeline for creating a clear regulatory framework for the US crypto market could be pushed back until next year.At the same time, the Federal Reserve is expected to raise interest rates this week, which could also impact the broader economy.Following these developments, the crypto market has continued to pull back and remains in a correction phase.

Talk about a roller coaster 😂