U.S. Treasury Secretary: Trade Negotiations with China Back on Track, Not Seeking Decoupling from China

On July 24th, as reported by The Wall Street Journal, senior U.S. government officials stated that Trump had been informed on multiple occasions that his name was included in Epstein's files. In response to this report, the White House asserted that this was a continuation of the "fake news" targeting the U.S. president and refuted the claim that he had been informed of his appearance in the report. A spokesperson for the White House said, "This is merely a continuation of the fabricated fake news story by the Democratic Party and liberal media." (Golden Finance)

On July 24th, in local time on the 23rd, U.S. President Trump declared that he would impose a simple tariff ranging from 15% to 50% on most of the other countries in the world. Trump also mentioned that the United States is engaged in serious negotiations with the European Union. If they agree to provide access to U.S. businesses, the U.S. will permit them to pay lower tariffs. (Golden Tent)

On July 24th, based on the latest financial report, the Bitcoin held by Tesla witnessed a 30% price increase during the second quarter of this year. Its current market value is approximately $1.2 billion. This part of the gain was derived from the latest changes in US accounting standards - a new rule favorable to Tesla. According to the data from BitcoinTreasuries.Net, Tesla currently holds 11,509 bitcoins and ranks tenth among public companies globally in terms of holding cryptocurrency assets. The current Bitcoin price is around $118,000, which is a significant increase compared to $83,000 on April 1st. Previously, the Financial Accounting Standards Board (FASB) approved a new rule allowing companies to report their cryptocurrency holdings at fair market value every quarter starting from the first quarter of 2025. This change replaced the previous conservative approach of "being held at the lowest value." Previously, even if Bitcoin soared in value during the holding period, the c

On July 24th, as per the monitoring of Onchain Lens, the crypto project WLFI, which belongs to Trump, used 2 million USDC to purchase 560.71 ETH at a price of $3567 per coin.

On July 24th, according to HTX market data, the exchange rate of ETH to BTC has seen a 24-hour decline of 3.06% and is currently trading at 0.03041.

On July 24th, EU diplomats stated that the EU and the US are progressing towards a potential trade agreement, and the US's baseline tariff on EU goods is 15%. The potential EU-US agreement may contain exemption clauses for certain EU goods. EU member states will vote on imposing a €93 billion retaliatory tariff on US goods on Thursday.