Kuwait under economic pressure due to Iran attack, plans to issue US dollar bonds

According to Bloomberg, Alphabet will release its second quarter financial report after the US stock market closes on Wednesday. The market expects revenue and net profit to both increase by about 25% year-on-year, and Google Cloud revenue is expected to increase by nearly 65% year-on-year to $22.4 billion. Analysts predict that Alphabet's capital expenditures may rise to $262 billion in 2027. Janus Henderson investment manager Jonathan Cofsky said that the accelerated growth of cloud business and the strong search business will help alleviate market concerns about expenditure scale and investment returns. Evercore ISI analyst Mark Mahaney believes that there is still room for upward growth in Google Cloud's revenue forecast.

According to the Tasnim News Agency of Iran, the Iranian Revolutionary Guard Corps claimed to have struck US military assets in Jordan.

The average daily trading volume of the five major trading platforms in South Korea, Upbit, Bithumb, Coinone, Korbit, and Gopax, decreased from $2.82 billion to $305 million, a decrease of about 89%. ZDNet Korea reported that as of July 20th, the daily trading volume of the five major trading platforms decreased by about 88% year-on-year. The South Korean Composite Stock Index (KOSPI) has risen by about 114% over the past year, attracting retail investors to invest. Korbit sold 15 BTC and 60 ETH, raising approximately 1.6 billion Korean won (about 1 million US dollars). Tiger Research believes that the South Korean cryptocurrency market is undergoing a structural transformation, with a decrease in retail participation and institutional funds investing in Korean won stablecoins, real-world asset (RWA) tokenization, and trading platforms.

According to The Straits Times, Coinbase has opened a new office at One Raffles Wharf in Singapore, replacing the WeWork office located in Collyer Quay. Coinbase plans to expand its workforce in Singapore from around 150 to around 200 by the end of 2026. Hassan Ahmed, National Director of Coinbase Singapore, stated that the opening of a new office reflects the company's long-term view of Singapore as a global center for finance and digital assets. Hassan Ahmed stated that Singapore's expansion plan is independent of Coinbase's global layoffs announced in May of this year.

[Main password: Binance BTC contract main player executed a limit order worth $117 million] An unusual capital move surfaces suddenly; the true intention behind this order remains enigmatic...