Bitunix Trading Champion Challenge officially launched, with a 700,000 USDT prize pool up for grabs!

Strategy Inc. (NASDAQ: MSTR) Executive Chairman Michael Saylor stated that since the company designated Bitcoin as its primary reserve asset in August 2020, MSTR has delivered an annualized return of 42%, outperforming Bitcoin itself, the "Magnificent Seven" tech stocks, and the S&P 500 index. As of July 29, Strategy holds 843,775 BTC, with a cumulative purchase cost of roughly $63.69 billion, an average acquisition price of approximately $75,476 per BTC, and currently faces an unrealized loss of around 17.9% (equivalent to about $11.4 billion) relative to its cost.

According to a Reuters report citing a senior Iranian official, Iran has rejected Oman’s proposal for a regional mechanism to jointly manage shipping in the Strait of Hormuz. Iran also put forward requirements that one of the inbound and outbound routes for vessels transiting the strait must fully traverse Iranian waters, while the other must partially pass through Iranian waters. The Iranian official told Reuters that Iran insists the entire inbound route and part of the outbound route through the strait must be controlled by Iran, and Oman’s control scope should correspond to its share in the waterway. A joint management mechanism with Oman based on equal shares is not in Iran’s interest, the official added. The official stated that only Iran and Oman can decide on the management of the Strait of Hormuz based on their respective shares, and Iran rejects any interference from other countries in this matter. He also revealed that the United States and Saudi Arabia are attempting to pressure Oman to advance their "unrealistic" plans for the Strait of Hormuz.

According to an official announcement, HashKey Holdings Limited (“HashKey” or the “Company”, stock code: 3887) announced that its wholly-owned subsidiary HKDAG (Singapore) Pte. Ltd. has entered into a non-binding framework agreement with the major shareholders of Asia Pacific Exchange Pte. Ltd. (“APEX”) and APEX, proposing to acquire all of APEX’s equity interests. APEX and its group operate a comprehensive and well-established financial market infrastructure in Singapore. As a licensed derivatives trading platform in Singapore, APEX holds the “Approved Exchange (AE)” license issued by the Monetary Authority of Singapore (MAS); its subsidiary Asia Pacific Clear Pte. Ltd. holds the “Approved Clearing House (ACH)” license, with integrated issuance and clearing capabilities. Under Singapore’s strict regulatory system, currently only three institutions in the entire market hold both licenses. If the proposed acquisition is successfully completed, HashKey is expected to further improve its layout of trading and clearing infrastructure for the institutional market, promote the construction of a new generation of financial infrastructure covering trading, custody, payment, clearing and settlement, and enhance its comprehensive service capabilities for financial institutions and institutional market participants.

Market news: Two sources said Russia is preparing to extend its diesel export ban until August, though the ban may be lifted early if domestic supply conditions improve. (Jinshi)

Ukrainian President Volodymyr Zelenskyy has requested 300 Patriot air defense systems from Donald Trump before winter. Zelenskyy said a U.S. special envoy is likely to visit Kyiv in the coming two weeks. (Jinshi)

According to GMGN market data, as of press time, the market capitalization of crypto token STONKBROKER has risen to approximately $24.43 million, with its price standing at $0.00987. Its current liquidity pool is around $2.3 million, with a 24-hour increase of 73.63%, a 1-hour rise of 9.11%, and an intraday peak market cap of roughly $24.57 million, hitting a new all-time high.