The US government advises American citizens in the Middle East to prepare for evacuation.

Michael Saylor has responded to reports that Strategy plans to authorize the sale of up to $5 billion worth of Bitcoin, calling the news a repackaging of an old announcement. Strategy originally unveiled the relevant authorization on June 29 as part of its capital management framework, Saylor said. The authorization allows the company to sell Bitcoin for pre-defined uses but does not mandate any actual sales, he explained. Strategy has not announced a new sales authorization recently, Saylor added, noting that the firm expects to remain a net buyer of Bitcoin over the long term.

US President Trump posted, stating, "The United States is ready to confront Iran, with a level of military deterrence, force, and strength not seen since World War II. Even so, we have just received requests from Iran and other Middle Eastern nations asking us to halt any attacks, as a framework of an agreement has been reached. This will include the immediate, full, and complete opening of the Strait of Hormuz, as well as ending Iran's nuclear threat. Based on this request, I have agreed to cancel the attacks for the good of the world’s future and the survival of a successful, prosperous Iran, provided an agreement is finalized quickly. The State of Israel has joined me in this commitment. Let’s get to work and complete this task." (Source: Jin10)

According to Axios, two U.S. officials and a person familiar with the matter disclosed that Saudi Crown Prince Mohammed bin Salman held a phone call with U.S. President Trump on Saturday, voicing concerns over his new large-scale plan to strike Iran. Earlier media reports said Trump was seriously considering attacking Iran’s energy targets in the coming days, in response to Iran’s missile attack on a U.S. military base in Jordan and its ongoing disruption of shipping in the Strait of Hormuz. However, he has not yet issued a final order as of press time. “The Saudi side expressed concerns and requested a clear action plan,” a U.S. official stated. Another source with knowledge of the call noted that Mohammed bin Salman urged Trump to de-escalate the situation and avoid launching strikes. Saudi Arabia is one of the U.S.’s most vital allies in the region. Though there have been periods of tension over the past five months, Riyadh has influenced Trump’s Iran policy at several key junctures since the outbreak of the conflict. Other regional powers including Qatar, the United Arab Emirates, Turkey, and Pakistan are also pressuring both the U.S. and Iran to ease tensions. Source: Jinshi

It looks like Trump Media sold another 2,628 $BTC($165.07M). Trump Media bought 11,542 $BTC($1.37B) at an average price of $118,522, then started selling 7 months ago, selling a total of 7,281 $BTC ($545M) at an average price of $74,855. Trump Media is now down a total of $555M on their $BTC holdings.

UBS stated that driven by surging demand from AI GPU manufacturers and hyperscale cloud service providers, coupled with rising average selling prices (ASPs) of storage products, storage spending is growing rapidly. It projects that by 2027, total capital expenditure (CapEx) of the world’s top 11 hyperscale cloud service providers will reach $1.0403 trillion, with storage spending accounting for $761.3 billion, a share rising to 73%. Total CapEx of hyperscale cloud service providers will jump from $504 billion in 2025 to $873.9 billion in 2026, and further to $1.0403 trillion in 2027. Over the same period, storage spending will increase from $72.8 billion to $335.7 billion and $761.3 billion, representing year-on-year growth of 361% in 2026 and 127% in 2027 respectively. By product type: spending on HBM is projected to rise from $24 billion in 2025 to $144.4 billion in 2027, with its blended average selling price climbing from $1.52 per Gb to $2.77 per Gb; DDR spending will grow from $30.2 billion to $448.9 billion, with average price per Gb surging from $0.43 to $2.30; NAND spending will increase from $18.7 billion to $168.1 billion, with average price per GB rising from $0.07 to $0.27. UBS noted that to meet the growth in spending and demand, storage manufacturers must expand production capacity, but constraints including fab space, equipment delivery lead times and manpower loads remain significant bottlenecks.

According to Yonhap News Agency, data from South Korea’s Financial Supervisory Service shows that in June 2026, South Korea’s five major cryptocurrency exchanges transferred 2.7625 trillion won in stablecoins to overseas trading platforms, while receiving 2.2022 trillion won in stablecoins from abroad, resulting in a net outflow of 560.3 billion won. In the same period, South Korean investors made net purchases of overseas stocks worth around 722 billion won, meaning the net outflow of stablecoins equaled 77.6% of that amount. From January 2025 to June 2026, South Korea has recorded 18 consecutive months of net outflows of stablecoins to overseas markets. In the second quarter of this year alone, stablecoins saw a net outflow of 1.6872 trillion won, while net sales of overseas stocks stood at 1.6185 trillion won over the same period. The stablecoins are primarily used for overseas derivative trading not offered by South Korea’s domestic exchanges. Some overseas platforms have recently launched spot and futures products for South Korean stocks including Samsung Electronics, SK Hynix, and Hyundai Motor, offering leverage of up to dozens of times; RWA, DeFi, and staking services are also attracting funds to overseas markets. South Korean lawmaker Lee Jong-wook stated that as funds continue to flow abroad, investors are exposed to high-risk derivatives, and the government should review its investor protection and management system and accelerate institutional reforms.