TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

According to Bitget data, South Korea’s KOSPI index opened more than 5% lower, SK Hynix fell over 8%, and Samsung Electronics dropped 6%. The Nikkei 225 index opened 0.6% lower.

According to on-chain analyst Yu Jin’s monitoring, BitMine received 7,500 ETH (worth $14.61 million) from BitGo four hours ago.

According to monitoring by Onchain Lens, BlackRock transferred 3,310 BTC (valued at $215.93 million) and 28,370 ETH (valued at $55.68 million) to Coinbase Prime.

According to market data from BIT (bit.com), U.S. stocks closed on Monday: the Dow Jones Industrial Average rose 0.5%, the S&P 500 gained 0.02%, and the Nasdaq fell 0.18%. Apple (AAPL) climbed 1%, with its market capitalization approaching $5 trillion. Micron Technology (MU) dropped 2%, SanDisk (SNDK) fell 11%, NVIDIA (NVDA) declined 5%, and SK Hynix (SKHY) was down 7.5%.

UBS analysts noted that Microsoft (MSFT)’s recent stock pullback has priced in some risks ahead of its Q4 fiscal results, leaving relatively limited downside. The firm maintained a "Buy" rating on Microsoft, though it cut the target price from $510 to $480, citing that Microsoft may raise its capital expenditure outlook while keeping Azure’s growth guidance unchanged rather than hiking it. This mix of high spending and limited revenue growth expectations appears less favored by the market. Beyond discussions on capital expenditure and return on investment, Microsoft also faces multiple pressures: its exposure to OpenAI, substitution risks from open-source models, and skepticism surrounding its flagship productivity software business. The analysts wrote: "All in all, we maintain a 'Buy' rating, but take a more balanced view on this earnings report."

According to a report by The Information, three people familiar with the matter disclosed that the Trump administration is on the verge of finalizing a voluntary framework mandating AI companies to submit their most advanced models to the government prior to public release. The sources noted that the White House Office of the National Cyber Director circulated a draft framework to OpenAI, Anthropic, and Google (GOOG.O) roughly two weeks ago, with all three firms submitting their respective revisions. An AI-related executive order signed by Trump in early June set August 1 as the deadline for developing this framework, which is designed to establish a more standardized review process for powerful new AI models capable of rapidly detecting cybersecurity vulnerabilities. As the deadline draws near, some AI companies have raised concerns in meetings with White House agencies over how the framework will define frontier models and whether it will differentiate between closed-source and open-source models, two sources said. Another outstanding question is the actual level of voluntariness of the framework in practice, particularly after the White House imposed export controls on Anthropic. The Trump administration maintains that compliance with the framework is not mandatory. (Jinshi)