Odaily News US President Trump recently posted on social media: "This great, grand, and beautiful bill will boost economic growth at an unprecedented rate. At the same time, it will cut spending by $1.6 trillion. This puts our country on the right track, and moreover! Make America great again!" (Jinshi)

Odaily News Michael Saylor posted on the X platform: If you have everything, you don’t need Bitcoin. The implication is that if you haven’t reached the level of having everything, you need Bitcoin.

Odaily News According to the official announcement, Binance has launched a new UI design for the ProMode homepage, where users can customize the homepage layout by dragging widgets, use AI to track market insights, and personalize trading views. The update supports real-time market sentiment analysis, hot token tracking, and copy trading, and is available for Android 2.101.8 and iOS 2.101.4. (This newsletter is generated with AI assistance)

Odaily News LMAX Group strategist Joel Kruger said in a report that a weaker dollar, coupled with increased investor risk appetite, could help boost Bitcoin again. Bitcoin fell 1.7% due to trade uncertainty and concerns about tensions in the Middle East. The dollar index fell to a three-year low of 97.789. "A weak dollar is generally good for cryptocurrencies, and a potential rebound in Bitcoin and Ethereum will be supported as investors turn back to riskier assets." (Jinshi)

Odaily News OKX market data shows that BTC fell below 107,000 USDT and is now at 106,999.9 USDT, a 24-hour drop of 2.02%. (This newsletter is generated with the assistance of AI)

Odaily News Andrew Kang, partner of Mechanism Capital, posted on the X platform that the future development of companies adopting ETH treasury strategies may be the same as that of Ethereum exchange-traded funds (ETH ETFs), with demand expectations far higher than reality, and most net asset values are expected to be significantly discounted by next year. Andrew Kang also forwarded his Ethereum ETF impact analysis published in June 2024, which pointed out that unless Ethereum develops a convincing path to improve its economic conditions, it will be difficult to be bullish.