Ten days have passed since CZ announced his intention to buy meme coins, yet he has still taken no action, while multiple established meme coins have seen clear rallies over the past week.

The Korea Development Institute (KDI) said in its monthly economic assessment report on Monday that South Korea’s economy is showing broader signs of improvement, driven by semiconductor-related sectors. The institute added that exports and facility investment continue to post strong growth, fueled by the semiconductor industry, while durable goods consumption has accelerated overall consumer spending. It also noted that overall industrial production has recorded robust growth, supported by steady growth in the services sector and a rebound in manufacturing. However, the KDI pointed out that South Korea, Asia’s fourth-largest economy, still faces uncertainties including U.S. tariff policies and ongoing geopolitical instability in the Middle East. The think tank also emphasized that South Korea remains at a high inflation level, and a deteriorating employment situation is posing challenges to the economy. (Jinshi)

Per Bitget market data, Hong Kong’s Nanfang 2x Leveraged Long SK Hynix (07709) is quoted at 29.32, down 5.6%; Nanfang’s 2x Leveraged Long Samsung Electronics (07747) is quoted at 61.84, down 2.95%.

Bitcoin treasury firm Empery Digital sold a cumulative 1,635 BTC between July 1 and August 6, 2026, netting approximately $102.2 million in proceeds. Its current BTC holdings have fallen to 1,279, with 954 of those coins pledged as collateral for a $35 million debt, leaving only 325 BTC freely available — a sharp drop from the 1,375 it held as of June 30.

According to HTX market data, TUT has surged 54% in 24 hours, currently trading at $0.204.

The A-share Global Chip LOF (501225) hit its daily limit down, with a current premium rate of 18.02%. The STAR 50 Index fell more than 2% intraday. The Shenzhen Component Index is currently down over 1%, while the Shanghai Composite Index’s gain narrowed to 0.3%. Sectors including CPO and advanced packaging led the declines.

According to The Hill, Republican National Committee Chair Joe Gruters predicts that after this fall’s midterm elections, the Republican Party will retain control of both chambers of Congress. On House seats, Gruters said: “There are 212 seats leaning Republican, plus 18 swing seats. We need to flip 6. I bet we can win 10. I think we will hold majorities in both the House and Senate.” Gruters added that he is highly optimistic about his prediction.