MBA Mortgage Application Activity Index in the week ending July 11 in the United States

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The visibility of transaction data radically changes the data game for Crypto versus TradFi. Many still don't understand

Bitcoin's innovation high faces obstacles, is Ethereum at 4000 dollars just the beginning? Market Observation The U.S. House of Representatives has passed the GENIUS Act and the CLARITY Act, establishing a regulatory framework for stablecoins and clarifying the regulatory jurisdiction over crypto assets. These two bills have received significant bipartisan support, indicating that the long-sought regulatory clarity in the digital asset industry will gradually be realized. Meanwhile, there are reports that plans are underway to open the 401(k) pension market to investments in alternative assets such as cryptocurrencies, gold, and private equity, which could profoundly change the way Americans save and accelerate the mainstreaming of cryptocurrencies. In terms of monetary policy, Federal Reserve Governor Christopher Waller and Vice Chair Michelle Bowman are among the few officials publicly supporting a rate cut in July. In a speech in New York, Waller emphasized that although tariff policies have pushed up prices for some goods, core inflation has been below expectations for five consecutive months and wage growth has not accelerated.

The conference discussed the challenges and opportunities of Decentralization Physical Infrastructure Networks (DePIN) in robotics, including issues such as data collection, hardware limitations, and economic models. Despite facing bottlenecks, DePIN is expected to accelerate technological advancements through decentralized networks, promoting the widespread application and development of robotic AI.