Dubai plans to build a new port to bypass the Strait of Hormuz

US President Trump urges Congress to immediately pass the Bitcoin Clarity Act and states that China seeks complete control over cryptocurrencies, demanding that the US win in the BTC field. （The Bitcoin Historian）

US President Trump announced that the Strait of Hormuz will remain open, the Iranian Blockade will be restored, and proposed a 20% compensation fee for goods passing through the waterway to pay for US security costs. （Cointelegraph）

US President Trump stated that China hopes to fully control the fields of cryptocurrency and artificial intelligence. （Watcher.Guru）

Analyst Fiona said that the financial reports released by TSMC and ASML this week are important. TSMC's revenue in June increased by 67.9% year-on-year. FundaAI believes that TSMC's gross profit margin for the second and third quarters is expected to exceed market expectations, with a second quarter gross profit margin expected to reach 68.4%. It is expected that TSMC's advanced process capacity expansion will accelerate in 2027, partly due to ASML's EUV capacity increase.

Japanese securities token platform Progmat has completed its migration to Avalanche, transferring tokenized assets worth over 452 billion yen (approximately 2.7 billion US dollars) from Corda 5 to exclusive Avalanche Layer 1. The Progmat smart contract has been migrated to the EVM environment, increasing the speed of asset equity transfer processing by 3 to 5 times and shortening the final transaction confirmation time to less than 2 seconds. Progmat is incubated by Mitsubishi UFJ Trust Bank (MUFG) and currently has support from institutions such as Mizuho Bank, Tokyo Stock Exchange, SBI, occupying 53% of the Japanese securities token market.