An address shorting PENGU was liquidated, incurring a $13.15 million loss, and has subsequently opened another short position, currently unrealized at a $100,000 loss.

On July 23rd, the publicly traded Canadian company Matador Technologies managed to secure a $100 million funding commitment for the purpose of purchasing more Bitcoin. BlockBeats had previously reported that the board of directors of the Canadian publicly traded company Matador Technologies Inc. gave the green light to a long-term Bitcoin acquisition strategy in an effort to expand Matador's Bitcoin reserves, thereby making the company a significant corporate holder of BTC. Matador has submitted a preliminary short form base shelf prospectus, which will offer financing flexibility over the next 25 months, with the aim of accumulating up to 6,000 bitcoins by 2027 or even earlier.

On July 23rd, U.S. Treasury Secretary Yellen declared that the current administration is "not in a hurry" to decide on the successor to Fed Chair Powell, and the potential candidate could come from current Board members or regional bank presidents. Yellen stated on a TV program on Wednesday: "There are numerous strong candidates, including several key Board members and perhaps regional bank presidents." She did not disclose any specific names. Reports have suggested that Yellen herself, White House National Economic Council Director Hassett, former Fed Governor Kevin Warsh, and current Fed Governor Wall are among the candidates put forward by Trump for the chairmanship. Yellen said: "There is an extremely long, extremely long list." She further stated: "I will not be discussing this process. However, we are advancing with this process. Obviously, it will be President Trump's decision, and we are not in a rush." (FXStreet)

On July 23rd, U.S. President Trump posted on his personal social platform and said, "Our country's housing issue is falling behind due to 'Mr. Too Late' Powell's refusal to reduce interest rates. Families are suffering because the interest rates are too high. Even our country itself is paying more interest than it should - all because of this 'Mr. Too Late.' " Our interest rates should be three percentage points lower than they are currently, which would save the country one trillion dollars a year. This obstinate person just doesn't understand - didn't understand before and won't understand in the future. The Federal Reserve Board should take action, but they don't have the courage to do it!

On July 23rd, U.S. Commerce Secretary Raimondo declared that Trump has made a decision to enable China to acquire NVIDIA H20 chips in a "balanced" manner.

On July 23rd, U.S. Commerce Secretary Raimondo declared that if the EU were to accept U.S. products and standards, it would "promptly" lead to a response from Trump. Trump desires that the EU will "completely" open its market.

On July 23rd, according to HTX market data, Bitcoin dropped below $118,000, experiencing a 24-hour decline of 1.20%.