📌 Under the new law:
🖤 California public officials and certain public employees are prohibited from issuing their own meme coins.
⭐ Starting January 1, 2027, crypto platforms may not offer California users new meme coins issued by or in partnership with federal, state, or local officials.
🖤 Enforcement authorities may require the return of benefits obtained through violations via disgorgement.
⚡️ The law does not ban meme coins in general. DOGE, SHIB, PEPE, and others are not automatically affected simply because they are meme coins.

📌 China’s Ministry of Industry has asked companies to report:
🖤 The number of chips they want to purchase
🖤 Intended use cases
🖤 AI deployment needs
🧠 The RTX Pro 5500 is based on the Blackwell generation and is mainly designed for workstations and AI inference, rather than traditional high-end data center workloads.

🟣 Strategy bought another 1,666 BTC (~$138M)
🟣 Strive bought another 1,107 BTC (~$94.5M)
🟣 BitMine added another 17,362 ETH (~$46M)

🖤 In April: more than $344M frozen across 2 addresses
🖤 In July: another $130M+ frozen across 4 TRON wallets
🖤 OFAC-linked wallets were associated with Iran’s Central Bank and sanctioned networks
🖤 Tether works with 340+ agencies across 67 countries; more than $2.4B in frozen assets are linked to U.S. enforcement actions

🟣 First trade ≥ 20 USDT: receive 5 USDT (first 1,000 eligible users, registration required)
🟣 Volume leaderboard: 12,000 USDT prize pool for the top 30
🥇Top 1: 5,000 USDT
🥈Top 2: 3,000 USDT
🥉Top 3: 1,000 USDT
❗️ Minimum trading volume of 500 USDT required to qualify for the leaderboard

🖤 Mechanism: 50% weekly rebates via Backcom App/Bot

🇶🇦 Qatar and other mediators are meeting each side separately
🔴 Main focus: reopening the Strait of Hormuz + lifting the blockade on Iranian ports
🇮🇷 Iran wants the U.S. to move first on frozen assets and oil restrictions
🇺🇸 The U.S. wants deeper Iranian concessions on the nuclear issue
🚨 Talks remain indirect — the two sides are still not sitting at the same table

🖤 “There is no urgent need” — the Fed still has time to gather more information
🖤 He could still support one more rate hike before year-end
🖤 Markets interpreted the comments as favoring December over October
🟢 Odds of an October rate hike fell from 71% to 49%

🖤 Day 1–2: 1.20x
🖤 Day 3–4: 1.15x
🖤 Day 5–6: 1.10x
🖤 Day 7: 1.05x
🖤 Day 8: 1.00x

🖤1–2 days: 1.00x
🖤3–4 days: 1.03x
🖤5–6 days: 1.05x
🖤7–8 days: 1.08x

🖤 Rebate Mechanism: 20% paid automatically daily + 30% rebate paid every Monday via Backcom Mini App

🟣 August PCE: forecast 3.8% (previous: 3.7%)
🟣 Q2 GDP (final): forecast 1.5% (previous quarter: 2.1%)

🔴 The 30-year U.S. Treasury yield has climbed to 5.54%.
🖤 U.S. national debt has surpassed $40 trillion
🖤 The Treasury continues issuing long-term bonds
🖤 Heavy supply + inflation concerns = investors demanding higher yields