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On 10 July, according to the Wall Street Journal: Fidji Simo, director of OpenAI, will resign and will become a part-time consultant to the company in the future。
View DetailsOn 10 July, Grayscale CFO Edward McGee left the company after seven years of service, and Grayscale appointed Kathryn Masci and Daniel Plourde as interim joint chief finance officers. McGee was the second executive to leave Grayscale in recent weeks, after John Hoffman, Managing Director and Head of Distribution and Cooperation, had left and joined Ondo Finance. Grayscale, the management of the GTTC Bitcoin ETF, has postponed the IPO programme in the United States due to market conditions。
View DetailsOn 10 July, according to the June 2026 Monthly Budget Review, published by the Budget Office of the United States Congress, the United States federal budget deficit totalled approximately $1.4 trillion in the first nine months of 2026, an increase of $35 billion over the same period of the previous fiscal year. During the same period, federal revenues amounted to $4.2 trillion, an increase of $142 billion, or 4 per cent, and expenditures to $5.5 trillion, an increase of $178 billion, or 3 per cent. (observed)
View DetailsON 10 JULY, U.S. MONETARY MARKET FUND ASSETS ROSE TO AN ALL-TIME HIGH OF $7.95 TRILLION, ACCORDING TO THE AMERICAN ASSOCIATION OF INVESTMENT COMPANIES (ICI)。
View DetailsOn July 10th, Etheum Foundation Production Security team researchers stated in Thursday's blog article that a series of AI agents had been deployed to test the software on which Etheum relied, searching for loopholes in encryption systems, protocol codes and smart contracts. A lacuna discovered by AI included the point-to-point point-to-point problem in libp2p Gossipsub, which could be remotely triggered, which had been repaired and disclosed in Github as CVE-2026-34219. According to the researchers, AI agents were organized as specialized roles in reconnaissance, search, filling and validation for potential attack paths, recovery failures and verification of their applicability to production codes. According to Egypt Foundation, AI did not replace the Security Fellow, but changed the way it works, allowing teams to cover far more than manual reviews, but required researchers to make a more careful judgement of the many seemingly credible findings。
View DetailsOn 10 July, Strategy increased the SRC annualized dividends to 12 per cent on 29 June and authorized a $1 billion buy-back plan covering four priority securities, STRC, STRF, STRD and STRK, of which STRC was the initial priority buy-back target. Strategy disclosed that repurchase funds would not come from its approximately $25.5 billion reserve, possibly from the $125.0 billion bitcoin monetization plan approved during the same period. This week ' s transaction price was at a high of $80, and part of the transaction fell by $85, below Strategy ' s long-term transaction target of $99 to $100. Peter Schiff states that the price of STRC below $87 shows Wall Street questioning the growth of bitcoin。
View DetailsON 10 JULY, ACCORDING TO CME “FEDERAL RESERVE WATCH”, THE PROBABILITY OF THE FED MAINTAINING INTEREST RATES IN JULY WAS 74.9 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 25.1 PER CENT. THE PROBABILITY OF THE FED MAINTAINING INTEREST RATES CONSTANT BY SEPTEMBER WAS 35.7 PER CENT, WHILE THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 51.1 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 50 BASIS POINTS WAS 13.1 PER CENT。
View DetailsON 10 JULY, INFORMED SOURCES REVEALED THAT SK HERCULES-UNITED STATES IPO PRICED USD 149 PER ADS. THE DEMAND FOR SK HERCULES' ADR SUBSCRIPTION IN THE UNITED STATES WAS CLOSE TO $200 BILLION, WITH OVER 500 ACCOUNTS BEING REQUISITIONED。
View DetailsOn 10 July, Egyptian security sources indicated that a delegation from the leadership of the Palestinian Islamic Resistance Movement (Hamas) had met with Egyptian officials in Cairo, Egypt, on the same day, to focus on the implementation of phase II of the ceasefire agreement in Gaza. The unnamed source said that a delegation of senior Hamas officials had confirmed during the talks that the administration of the Gaza Strip would be transferred to the National Administrative Council of Gaza and that it had agreed to place the weapons in its custody. The Hamas delegation also expressed its readiness to facilitate the work of the peacekeeping force and the National Administrative Council of Gaza to pave the way for the implementation of phase II of the Gaza ceasefire agreement. Xinhua
View DetailsOn 10 July, Winward Maritime Analysis, based in the United Kingdom, released a report on 9 July that merchant ship traffic from the Persian Gulf through the Straits had largely stalled as a result of a sharp decline in traffic in the Straits as a result of the continued exchange of fire between the United States and Iraq. It was reported that traffic through the Strait of Hormuz had experienced significant fluctuations in recent days. On 7 July, a total of 51 traffics were recorded in the Strait of Hormuz, bringing the number of ships leaving the Persian Gulf to 35; on 8 days, 35 traffics were recorded, with only two of the 18 departing through the southern channel, indicating that, following the attack the previous night, the ship ' s operator had chosen to avoid the course on the Omani side; and on the night of 8 to 9 a.m., the Strait of Hormuz recorded only five traffics and only one exit from the Persian Gulf. Xinhua
View DetailsOn 10 July, the Iranian news agency Mehr reported that on the night of 9 July local time, the sound of explosions had been heard repeatedly in Iran, including in the southern coastal cities of Bushehr, Chogadaq and Abbas, and in the south-eastern coastal city of Konarak. Axios subsequently reported that United States officials had stated that United States forces had nothing to do with the latest attack on Iran. About an hour later, Iranian national media denied reports of attacks, which Iranian officials claimed were caused by the launch of an air defence system. CNN also confirmed that the United States did not strike Iran an hour ago. This followed two consecutive days of attacks by United States forces against Iran and some 170 military targets。
View DetailsOn 10 July, according to Politico, the ceasefire was terminated because Iran continued to attack vessels in the Strait of Hormuz. Subsequently, United States forces attacked at least 170 Iranian military targets within 48 hours, while Iran responded to United States military bases. Some Republican parliamentarians feared that the escalation of the conflict would push up oil prices, increase economic pressure and affect the mid-year elections this year. A Republican member of the House of Representatives put it bluntly: “He is pushing us towards political destruction”. According to the parliamentarian, Trump was more concerned about Iran than about the Republican electoral situation. Republican Eagles supported the continuation of military operations. Congressman Don Bacon stated that the United States should continue to respond strongly to Iran until it sought peace. Some Republicans, however, warned that rising oil prices could weaken voter support and make it difficult for Republicans to respond to the most important price concerns of the population. At the same time, Congress has asked the Government to indicate plans for the use of $67 billion in additional war funds。
View DetailsOn 10 July, informed sources interested in this work indicated that legislators would probably release a new version of Clarity Act, the encrypted currency, as early as next week. The new bill would integrate the work of the United States Senate Banking Commission and the Agriculture Commission, but matters remained to be resolved, including one of the key requirements of the Senate Democrats' ethics. Democrats still had to accept the new draft, which required 60 votes to move forward in the Senate。
View DetailsON 10 JULY, BERNSTEIN RAISED THE 2026 GOLD PRICE PROJECTION TO A TARGET OF $4375 PER OUNCE FOR THE SECOND HALF OF THE YEAR AND $4533 FOR THE YEAR. ACCORDING TO THE AGENCY, CONTINUED CENTRAL BANK PURCHASES AND THE FEDERAL RESERVE’S ESTIMATED INTEREST RATE FOR THE NEXT 12 MONTHS WILL NOT INCREASE AND WILL BE THE MAIN FACTOR UNDERPINNING THE PRICE. BERNSTEIN PREDICTS THAT THE FED WILL INCREASE INTEREST RATES BY ONLY ONE OR TWO TIMES AT MOST, AND THAT THERE WILL BE LIMITED PRESSURE FOR GOLD ETF OUTFLOWS. BERNSTEIN STATED THAT THE INCREASE IN REAL INTEREST RATES IN THE SECOND QUARTER OF 2026 HAD LED TO A FALL IN GOLD PRICES FROM $4650 PER OUNCE TO ABOUT $4,000, BUT THAT THERE WAS STILL ROOM FOR GOLD TO RISE AS INTEREST RATES WERE EXPECTED TO STABILIZE. AT THE SAME TIME, THE AGENCY WARNS THAT IF INFLATION CONTINUES TO BE HIGHER THAN EXPECTED AND PROMPTS THE FEDERAL RESERVE TO ADOPT MORE AGGRESSIVE MEASURES TO RAISE INTEREST RATES, IT WILL BE THE MAIN RISK OF RISING GOLD PRICES。
View DetailsOn 10 July, a United States official stated that the United States remained committed to finding a solution to the Iranian issue and that relevant technical negotiations were continuing. (In Russian)
View DetailsON 10 JULY, UNITED STATES SECRETARY OF COMMERCE LUTNIK CALLED ON TRISTAR ELECTRONICS AND SK HERCULES TO SCALE UP THE PRODUCTION OF STORAGE CHIPS IN THE UNITED STATES TO HELP ALLEVIATE THE GLOBAL SHORTAGE OF CRITICAL PARTS FOR ARTIFICIAL INTELLIGENCE DEVELOPMENT. LUTNIK CONFIRMED THAT HE WAS NEGOTIATING WITH THE TWO KOREAN STORAGE CHIP MANUFACTURERS, BUT DID NOT DISCLOSE THE DETAILS. HE ACKNOWLEDGED THAT CHIEF EXECUTIVE OFFICER MEHROTRA MIGHT NOT HAVE WELCOMED THE EXPANSION OF COMPETITION IN THE UNITED STATES, BUT LUTNIK INDICATED THAT THIS INITIATIVE WAS NECESSARY TO MAKE THE UNITED STATES CHIP SUPPLY CHAIN MORE ROBUST. “YOU KNOW THAT HE (MEHROTRA) WILL NOT LIKE THIS, BUT I WOULD LIKE TO BRING HIS COMPETITORS — SAMSUNG AND SK HERCULES — TO THE UNITED STATES TO SET UP A FACTORY” LUTNIK SAID, “AMERICAN LIGHT IS NOW IN THE LEAD. THE REST OF THE COMPANY'S GONNA FEEL SO RED, RIGHT? SO THEY HAVE TO FOLLOW."
View DetailsThe United States dollar index fell by 0.09 per cent on 9 days and collected 100.904 at the end of the market。
View DetailsOn 10 July, the Goldman Sachs Group prohibited employees from engaging in forecast market transactions, with the exception of sports and entertainment. Goldman Sachs ' personal transactions policy prohibits transactions involving incident contracts related to particular companies (including Goldman Sachs), election results or any financial market performance. Goldman Sachs stated that repeated violations of its policies by employees could lead to dismissal or closure of accounts. In the event of an improper transaction, the Bank may request the confiscation of the proceeds of an employee in excess of $200 or the donation of the employee to a charity。
View DetailsOn 10 July, the U.S. stock rose collectively by 0.27 per cent, by 1.3 per cent, by 0.81 per cent for the Standard 500 index, by more than 4 per cent for large technology units, by 4 per cent for American light technology, by 4 per cent for Meta and by 3 per cent for Botton and Tesla. Precious metals, storage and computer hardware plates rose by 7 per cent, by 5 per cent in the west, by 4 per cent in Dale, and by 3 per cent in Rote, Hightech and Pan American Silver。
View DetailsOn 10 July, the Federal Reserve announced the leadership and objectives of the working group. The Chairman of the Fed, Walsh, stated that the objective of the working group was to put the Fed in the best position to achieve its objectives, that the ad hoc working groups would operate independently and be supported by the Fed's staff; that the working group would work to improve methods and tools; and that the commitment to price stability and job maximization would be “unswerving”. The five working groups are the Inflation Working Group, the Balance Sheet Working Group, the Employment Working Group, the Data Working Group and the Communications Working Group. The Task Force was headed by a number of former global central bank governors, including Kim, Rajan, Fraga and former Federal Reserve Board member Stan。
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