Key Takeaways:Steel and aluminum tariffs remain unchanged at 50%Automobile tariffs cut from prior levels to 15%Japan to boost U.S. rice imports under quota agreement$550 billion Japanese investment in the U.S. announced by TrumpMixed reactions from markets and analysts; BOJ policy implications debatedThe United States and Japan have finalized a new bilateral trade agreement that maintains existing 50% tariffs on steel and aluminum but reduces tariffs on automobiles to 15%, according to a report by Jinshi Data.As part of the deal, Japan has committed to increasing U.S. rice imports under its minimum market access quota system, signaling agricultural cooperation amid broader trade adjustments.Trump Announces $550 Billion Investment DealFormer U.S. President Donald Trump stated that Japan will invest $550 billion into the U.S. economy, claiming that the U.S. will retain 90% of the profits generated. The statement drew mixed responses, with Saxo Bank referring to the figure as a “political show,” while acknowledging that the tariff reduction on autos is economically rational.Market and Institutional ReactionsThe agreement’s economic impact appears mixed, particularly for Japan:Commonwealth Bank of Australia warned that maintaining high steel tariffs could place Japan’s fiscal outlook under pressure, potentially weakening the yen.Citigroup viewed the deal as positive for removing trade uncertainty, which may stabilize business planning.Sony Financial Group described the agreement as “mixed” for Japanese equities, citing conflicting signals for industrial and export-heavy sectors.Some analysts believe the trade resolution could provide a window for the Bank of Japan (BOJ) to raise interest rates, depending on how the yen and export dynamics evolve post-deal.

Odaily Planet Daily News Sui officially announced that the Sui network has officially connected to the enterprise-level digital asset infrastructure platform Fireblocks, aiming to provide services for institutional users who pursue high performance and security. Currently, Fireblocks already supports native custody of SUI and Sui ecological tokens, MPC wallet policy control, and will subsequently support access to DeFi through WalletConnect and integrate Fireblocks Trust's staking services. Sui said that its high throughput and scalability are becoming the preferred path for financial institutions and game studios to access the next generation of digital assets.

Key Takeaways:CZ points to the Altcoin Seasonal Index rising on CoinMarketCapWarns that “FOMO season is coming” as altcoin interest buildsAdds to growing sentiment around a potential altseasonMarket watchers debate the accuracy but note the visible trendChangpeng Zhao (CZ), founder and former CEO of Binance, posted on X (formerly Twitter) that "FOMO season is coming," referencing the rising Altcoin Seasonal Index now featured on CoinMarketCap.While CZ noted that the accuracy of the index is still uncertain, he emphasized that the indicator is indeed trending upward, reflecting growing market excitement for altcoins. The Altcoin Seasonal Index measures how many top cryptocurrencies have outperformed Bitcoin (BTC) over the past 90 days—often used as a signal for the start of altseason.“There’s a seasonal index function for altcoins on CoinMarketCap. Not sure how accurate it is, but it is indeed rising. FOMO season is coming,” CZ wrote.

South Korea’s financial regulator has advised domestic asset managers to limit exposure to crypto-related stocks like Coinbase and MicroStrategy in ETFs, reinforcing existing restrictions despite growing global deregulation trends. source: https://cryptonews.com/news/south-korea-fss-restricts-firms-from-including-crypto-stock-in-etfs/

What if the next 100x wasn’t barking, it was trolling in mid-air with a smug grin and a parachute full of profits? In a market where every meme coin is clawing for attention, a handful are breaking through the noise and rewriting what ROI really looks like. Bone ShibaSwap, AI Companions, Moo Deng, Shiba Inu,. . . source: https://crypto-economy.com/top-5-meme-coins-to-buy-before-the-crowd-catches-on-one-cat-coins-quietly-mooning/

According to Foresight News, David LaValle, the Global ETF Head at Grayscale, is set to leave the company at the end of July. This announcement comes just weeks after Grayscale's confidential IPO filing on July 14. LaValle, who joined the company in 2021, played a significant role in the behind-the-scenes efforts to convert the Grayscale Bitcoin Trust (GBTC) into an ETF.

According to PANews, BitMine announced on Tuesday that ARK Invest has acquired 4,773,444 shares of BitMine common stock, valued at a total of $182 million. BitMine plans to use the net proceeds, approximately $177 million, to purchase Ethereum.

According to BlockBeats, a prominent contract trader known as 'Set 10 Big Goals First' has publicly announced a significant short position on social media. The trader disclosed using a margin of 36.2 million USDT to hold a short position of 1,817 BTC, with the position valued at 217 million USD. The entry price for this position is 119,425 USD, with a liquidation price set at 133,678 USD.

According to PANews, several cryptocurrencies experienced significant fluctuations in their market values on July 23. Leading the gains were WLD, which is currently priced at $1.347, marking a 10.29% increase. FLOKI followed with a price of $0.000154, up by 8.86%. WIF saw a rise to $1.274, reflecting a 7.04% increase, while CRV reached $0.991, up by 6.48%. BONK also saw gains, priced at $0.0000369, with a 4.61% increase. Conversely, some tokens experienced declines. CFX reported a price of $0.168, with a significant drop of 11.70%. TON fell to $3.307, marking a 4.39% decrease. W was priced at $0.0925, down by 2.15%, while MKR saw a decrease to $2046, reflecting a 1.90% drop. OP also experienced a decline, priced at $0.786, down by 1.73%.

According to Foresight News, Bitcoin mining company Hut 8 Corp. has announced that its subsidiary, Hut 8 Investment Ltd, has obtained a business license from the Dubai International Financial Centre (DIFC). This license permits the subsidiary to engage in proprietary investment and certain non-financial business activities within the DIFC's legal and regulatory framework, which is based on international standards and common law principles.

Telegram has launched a built-in crypto wallet for users in the US, allowing them to send, receive, and manage digital money inside the app. The wallet, called TON Wallet, works without extra apps and gives users full control of their funds.

Ethereum’s price has been rising recently. Here are the reasons why its price may continue to rise.

Capital market infrastructure is migrating on-chain. We are witnessing a large-scale migration: assets, issuers, and investors are turning to a new generation of infrastructure for the circulation, settlement, and valuation of capital assets.

If the Trump administration can create a favorable regulatory environment for traditional finance (TradFi) to participate in crypto investment, the total market value of cryptocurrencies will surge.

Tether has just taken on the role of a law enforcer and frozen the $85,877 USDt tied to stolen funds. While Tether CEO Paolo Ardoino has seen it own company as a crypto compliance enforcer, but the crypto community wasn't impressed, stating that Tether's might have over-stepped the line.

Polymarket is thinking about launching its own stablecoin or cutting a deal with Circle to earn interest from the funds users keep on the platform. This would give Polymarket more control over its money system as it grows and prepares to reenter the US market.

Dalio said the dispute between U.S. President Trump and Federal Reserve Chairman Powell is essentially a fight for control over the value of currency.

Golden Finance launches the 2763rd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

The biggest harm of "compliance theater" is not how much budget and manpower it consumes, but the fatal and false "sense of security" it brings.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.