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Today · 2026-08-13 · Thu

Mizuho lowers the Circle rating to the big game, calling OpenUSD competitive or compressed profit margin

On 15 July, Mizuho lowered the Circle rating from neutral to large, and lowered the target price from $85 to $50, alleging rising competitive pressure from OpenUSD. The Bank indicated that OpenUSD ' s straight-through model could force Circle to share more reserve revenues with distribution partners, thus reducing profit margins. Mizuho revised the EBITA projection downwards to $699 million, which is about 25 per cent lower than the Wall Street Consensus forecast, after the 2027 adjustment, and warned that the upcoming Cinbase revenue split may increase pressure。

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THE WHITE HOUSE LAUNCHED THE GOLDEN EAGLE AI INITIATIVE ON CYBERSECURITY

On July 15th, the statement showed that the White House of the United States launched the Golden Eagle initiative, a platform designed to coordinate the response to cyber-security gaps to simplify processes and advance artificial intelligence innovation. The White House, the Ministry of Finance, the Department of Homeland Security and the Ministry of Defence have worked together on this initiative to prioritize addressing network loopholes。

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Local government in Iran: exchange of fire in the Strait of Hormuz

On 15 July, in the early morning hours of 15 July, the Iranian news agency Mehr quoted information from the Iranian government in the province of Hormuzgan that there had been an exchange of fire in the Strait of Hormuz and that explosions had been heard in the coastal districts of the province, at Abbas port and on the islands in the Persian Gulf. It was also reported earlier in the day by the Iranian news agency Mehr that several explosions had been heard in Sirik district, Holmuzgan province, or in connection with an exchange of fire in nearby waters. Siric is located at the entrance to the Strait of Hormuz. Xinhua

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Joint British-American Statement: Planning for the application of stabilization currency in cross-border finance

On 15 July, the United Kingdom and the United States issued a joint statement on the currency of stability, which states that the United Kingdom and the United States are committed to deepening their cooperation in the areas of capital markets and digital assets, as reflected in the United States-United States Joint Trans-Atlantic Working Group on Future Markets, and to ensuring that digital financial innovation strengthens rather than severs the transatlantic financial market system. Both Governments considered that well-regulated and stable currencies had the potential to promote the efficiency and competitiveness of the financial system, modernize financial market infrastructure and improve cross-border payment and trading experiences. At the same time, both Governments recognized the importance of promoting competition and innovation, preserving financial stability, protecting consumer interests and maintaining public confidence in the monetary system in a financial ecosystem that encompassed multiple monetary forms。

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The UK will delay the imposition of capital gains tax on DeFi's lending and liquidity pool deposits

On 15 July, the British tax authorities confirmed that the deposit of encrypted assets into the DeFi loan agreement and the mobility pool would no longer be considered taxable. This means that investors do not have to pay capital gains tax until economic assets are disposed of. This adjustment was published in a policy paper issued by the British Government and will enter into force on 6 April 2027 and will amend the Taxable Proceeds Act 1992. This policy change will affect approximately 700,000 individuals and trustees using encrypted loans and liquidity pool services。

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Trump said he had a meeting with the Iranian side and threatened to hit the power plant

On 15 July, the President of the United States, Trump, stated that the attack on Iran would continue “until I say `Enough'”. In addition, Trump indicated that the United States had met with the Iranian side on Tuesday and that the United States urged Iran to reach an agreement. He also indicated that the blow to Iran ' s energy facilities would be left to the end. Trump threatened that next week we would destroy the Iranian power plant and their bridge. Unless they return to the negotiating table, we will destroy all their power plants and bridges。

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There was an exchange of fire in the Straits of Hormuz, Iran

According to Xinhua, according to the Iranian provincial government of Hormuzgan, there was an exchange of fire in the Straits of Hormuz and explosions were heard in the coastal districts of the province, the port of Abbas and the islands in the Persian Gulf. The sound of explosions was also heard in Sirik County, Holmuzgan Province, in connection with an exchange of fire in the surrounding waters, which is located at the entrance to the Strait of Hormuz。

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QUIXION: ETH HAS A SINGLE INCREASE OF 1234.57, WITH A CURRENT SURPLUS OF $804,291.27

THE NUMBER OF ETH UNITS INCREASED BY 1,234.57 TO APPROXIMATELY US$2,510,864.01. THE CURRENT WAREHOUSE SIZE IS $23,318,641.76, WITH THE AVERAGE PRICE ADJUSTED FROM $1,817.35 TO $1,823.66, THE CURRENT SURPLUS/LOSS IS +804,291.27 (+86.23 PER CENT), THE CURRENT CURRENCY VALUE IS $1,888.81 AND THE LIQUIDATION PRICE IS $1,829.37. THE TRADER, WHO HAD PROFITED FROM THE BLUE NFT, HAS BEEN RETRENCHED FROM OCTOBER, WHEN HE BECAME ACTIVE, FROM OVER BILLIONS TO HUNDREDS OF THOUSANDS OF DOLLARS。

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Morgan Chase: Curcle and Coinbase steady-currency operating-profit space pressure, lower profit expectations

On 15 July, according to Bloomberg, JP Morgan Chase & Co., the steady currency operations of Circle Internet Group and Coinbase Global are under increasing pressure for profit, and a new collaboration with Hyperliquid, the encryption trading platform, highlights the "prison dilemma" in which both companies find themselves. On Tuesday, the Bank lowered the profit expectations for the two front-line encryption companies, stating that the new cooperative arrangement changed the way income was distributed, i.e., the proceeds from USDC, the second largest stable global currency issued by Circle, would be distributed among distribution partners。

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