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According to Gate market data, U.S. stocks opened higher, with all three major indexes rising: the Dow Jones increased by 0.6%, the S&P 500 rose by 1%, and the Nasdaq climbed by 1.6%. Microsoft (MSFT.O) surged about 12%, with its cloud business growth in the fourth fiscal quarter far exceeding expectations.The storage sector saw significant gains, with SanDisk (SNDK.O) rising about 11% and SK Hynix (SKHY.O) increasing by about 7%.

According to Jinshi reports, Germany's July harmonized CPI month-on-month preliminary value is 0.9%, higher than the market expectation of 0.8%, and the previous value was -0.2%.

According to Jinshi reports, the unemployment rate in the Eurozone for June was 6.3%, higher than the market expectation of 6.2%. The previous value was revised from 6.2% to 6.3%.

Crypto KOL Phyrex posted on platform X, stating that American investors are chasing stock market highs with increasingly high leverage. As of June, the net credit balance of U.S. brokerage accounts fell by approximately $70 billion in a single month, dropping to negative $1.061 trillion, a historic low. During the same period, margin debt increased by about $86 billion to $1.53 trillion, rising for the third consecutive month and setting a new record.He pointed out that the continued deterioration of the net credit balance means that investors have less cash buffer and are increasingly reliant on borrowing for stock positions. Currently, leverage in the U.S. market is widespread throughout the brokerage system. In an upward phase, rising stock prices can further release financing limits after boosting account net worth, creating mechanical buying pressure; however, once the market weakens, margin pressure may force investors to add cash or sell stocks, turning the leverage that previously drove the rise into mechanical selling pressure. He believes that the U.S. stock market is currently facing both high valuations and a high financing environment, and if new funds slow down, leveraged positions may further amplify market volatility.

According to Gate market data, U.S. stocks opened higher, with the three major indices rising: the Dow Jones Industrial Average up 0.9%, the S&P 500 up 0.7%, and the Nasdaq Composite up 1%. Storage concept stocks performed strongly, with SK Hynix rising over 2% and SanDisk rising 1%.

According to Gate market data, the Nikkei 225 index closed up 320.04 points on July 27 (Monday), an increase of 0.5%, reporting at 64,931.19 points.The South Korean KOSPI index also closed up 65.12 points on the same day, an increase of 0.97%, reporting at 6,755.74 points, with SK Hynix rising 3.5% and Samsung Electronics rising 2%.

According to Jinshi, U.S. President Trump stated that he is prepared to take higher-level military action in Iran.

According to Jinshi reports, World Bank Chief Economist Gill stated that the escalation of the Middle East war and supply disruptions could drive up inflation, thereby pushing interest rates higher.

WEEX Exchange announces that the interactive card game event, Joker Card Phase 4, is officially launched. After signing up, users can collect cards through tasks such as recharging, trading, and inviting friends. Collecting 5 cards allows users to play and earn points, and based on trading volume, they can enter the corresponding level prize pool to share USDT rewards according to their points ratio. Event duration: 7/21 12:00 -- 8/10 23:59:59 (UTC+8).Compared to the previous three phases, Joker Card Phase 4 introduces a growth-type level prize pool mechanism. The more transactions made, the higher the prize pool level that can be upgraded, and the rewards are more generous. During the event, multiple surprises such as random lucky buffs, point bonuses, and daily lucky cards will also be triggered, giving users the chance to obtain extra cards and special Joker cards, sharing a million USDT reward in a fun gameplay intertwined with strategy and luck.

According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 0.26%, the S&P 500 index up by 0.8%, and the Nasdaq Composite index up by 1.3%. Micron Technology rose by 4.5%, SanDisk rose by 7.5%, and Western Digital rose by 5%. Meta Platforms rose by 4.7%. The Nasdaq China Golden Dragon Index rose by 0.56%, iQIYI rose by 8.5%, and Alibaba rose by 2%.

According to Jinshi reports, the US stock market rose as investors set aside concerns over the latest US-Iran conflict and rushed to buy technology stocks. Despite the escalating conflict in the Middle East, investors are still focused on the artificial intelligence investment boom.Goldman Sachs' report pointed out that clients have no substantial concerns about the prospects of artificial intelligence trading, and the recent market adjustments are mainly technical in nature. BlackRock economist Helen Zhuviel stated that although technology companies are facing negative free cash flow, the commitment to artificial intelligence investments will continue to support this theme for at least two to three years.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.11%, the S&P 500 index up 0.32%, and the Nasdaq up 0.78%. Chip stocks rose collectively, with SanDisk (SNDK.O) up 4% and Western Digital (WDC.O) up over 5%. Broadcom (AVGO.O) rose 3.5%, as the company's cooperation agreement with Apple was extended to 2031.

According to Jinshi, the U6 unemployment rate in the United States for June is 7.9%, higher than the market expectation of 6.2%, and the previous value was 8.1%.

According to Jinshi, the number of people continuing to claim unemployment benefits in the United States for the week ending June 20 was 1.814 million, slightly higher than the market expectation of 1.81 million, with the previous value revised from 1.821 million to 1.812 million.

CryptoQuant analyst Axel Adler Jr. released a report indicating that the current Bitcoin market correction is more severe than in February. The 30-day average inflow of Bitcoin to exchanges has risen to 122,000 coins, significantly higher than the annual baseline of 82,000 coins, and about 50% higher than the average of around 80,000 coins during the February sell-off period, approaching the upper range of 131,000 coins. Meanwhile, the price has dropped from $77,000-$78,000 to the current approximately $59,000.At the same time, the 30-day average SOPR (Spent Output Profit Ratio) has fallen to 0.99, consistently below the critical level of 1, indicating that the market is, on average, in a state of realized losses. From May to July, this indicator was below 1 for 37 out of 61 days. The combination of these two indicators shows that the volume of sell-offs and realized losses makes the current correction more pronounced than in February. Adler pointed out that this is not a temporary pressure event, but rather a continuous selling process. For the market to stabilize, two signals need to appear simultaneously: SOPR rising above 1 (meaning that those selling coins are no longer losing money), and the inflow to exchanges returning to annual normal levels. The main risk is that if a large amount of coins continues to flow into exchanges, the supply pressure will persist, making it difficult for market sentiment to improve.

According to Jinshi, the final value of the GDP price index for the United States in the first quarter is 3.6%, higher than the market expectation of 3.5% and the previous value of 3.5%.

According to Jinshi, the number of people continuing to apply for unemployment benefits in the United States for the week ending June 13 was 1.821 million, exceeding the market expectation of 1.8 million, with the previous value revised from 1.81 million to 1.8 million.

CryptoQuant analyst Axel Adler Jr. stated that Strategy's preferred stock MSTR has fallen 78% from its peak, while Bitcoin has dropped 51% from its peak. The average cost basis for Strategy's 847,363 BTC holdings is $75,651, with a total cost of $64.1 billion. The current BTC price has fallen below this cost line for the first time since the bear market of 2022. The additional decline of MSTR relative to BTC has reached about 28 percentage points, approaching the upper end of the historical range, but has not yet touched the extreme of an 89% retracement from the 2022 low.Meanwhile, Strategy's purchasing strategy has clearly shifted to a defensive stance: the weekly BTC purchase volume has been cut by about two-thirds, with less than 11% of the $335.5 million raised through stock issuance used to buy BTC, and the remainder transferred to dollar reserves. At the end of May, Strategy also conducted its first net sell since 2022, selling 32 BTC to pay STRC dividends. Adler pointed out that the main risk currently lies in BTC remaining below the treasury cost line of $75,000, which would block the financing channel for ATM issuance by compressing the MSTR premium. However, nearly all of Strategy's debt is in convertible bonds, with no additional margin risk; the baseline scenario is the loss of marginal buyers rather than cascading liquidations. The real pressure point lies in the company's transition from selling stock to systematically selling BTC itself to pay preferred stock dividends and debt interest.

Michael Saylor posted a review of Strategy's Bitcoin strategy journey, stating that in October 2022, when he gave a related speech, the price of Bitcoin was around $20,000. At that time, Strategy held 130,000 BTC, valued at approximately $2.6 billion, and the stock price of MSTR (after stock split adjustment) was about $24. A few weeks later, Bitcoin fell below $16,000, and the company's debt once exceeded the total value of BTC and cash reserves of about $300 million, with MSTR's stock price also dropping to around $13 by the end of 2022. Strategy then insisted on executing the Bitcoin strategy, strengthening company operations, and continuously financing to invest in BTC.Since 2022, the company has raised over $60 billion in new capital, which has been used to purchase Bitcoin, increasing its holdings by over 716,000 BTC. Currently, the value of BTC and cash reserves held by Strategy is approximately $48 billion higher than the company's debt, and it will continue to adhere to a long-term strategy in the future.