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According to Bloomberg, Trump is being sued for planning to sell quick access to Truth Social posts.

President Trump’s latest post: "The United States has completely taken control of the Strait of Hormuz. I believe we will continue to maintain control! Our maritime blockade is referred to by everyone as the 'Iron Wall,' and Iran is powerless against it.They have no navy, no air force, and the remaining soldiers have not been paid. The Revolutionary Guard has been severely damaged and is in retreat, while their 'leadership' can at best be described as uncertain! They have no funds—this country is already 'full of holes.' All they have are fake news and 300% inflation, and the situation is worsening! Iran is now just all talk and no action, no longer the bully of the Middle East!"

According to BBX data, yesterday global listed companies disclosed the latest developments in their cryptocurrency asset management and future buying plans, with the core information as follows:Strategy plans to resume buying Bitcoin within the year: Phong Le, CEO of Nasdaq-listed company Strategy, recently stated in an interview with Fox News that as the strategic plan progresses, Strategy will resume buying more Bitcoin in the secondary market for the remainder of this year, sending a clear signal of increased holdings.Trump Media holds 9,477 BTC in Q2, with a loss of $360 million in the first half of the year: The latest financial data disclosed by Trump Media shows that as of the end of the second quarter of 2026, the company held a total of 9,477.16 Bitcoins, a decrease of 65 from the end of the first quarter, with a current fair value of approximately $557.1 million. Due to the decline in cryptocurrency prices, the company's related financial losses in the first half of the year reached $360.6 million. Additionally, during the same period, the amount of approximately 756.1 million CRO held remained unchanged, but its fair value shrank from $6.8 million at the end of 2025 to $4.06 million.OranjeBTC steadily increases holdings, total holdings approach 4,000: Brazilian listed Bitcoin treasury company OranjeBTC announced an additional purchase of 2 Bitcoins. After this adjustment, the company's total Bitcoin holdings have risen to 3,950.

U.S. President Trump stated that the U.S. could use "strong power" to strike against Iran, where the inflation rate has reached 300%, its currency is worthless, and Iranians do not pay soldiers' salaries.

According to BitcoinTreasuries.NET, Trump Media (DJT) has additionally purchased 4,661.84 bitcoins. As of now, excluding the bitcoins that are staked but retain the right to sell, its total bitcoin holdings have increased to 12,061.66 bitcoins.Trump Media ranks 12th among the top 100 bitcoin holders.

According to CoinDesk, Trump Media Group saw a significant decrease in the value of its digital assets in the second quarter due to the drop in cryptocurrency prices, recording a loss of $360.6 million in the first half of the year. According to the quarterly filing submitted on Monday, as of June 30, the company held 9,477.16 bitcoins, with a fair value of $557.1 million, down from 9,542.16 bitcoins at the end of March, resulting in a net decrease of 65 bitcoins in the second quarter.The number of Cronos tokens held by the company remained unchanged at approximately 756.1 million, but the fair value dropped from $68 million at the end of 2025 to $40.6 million. Most of the company's bitcoins have been staked as collateral. As of June 30, 4,260.73 BTC were staked in convertible notes, and another 2,077.34 BTC were staked for bitcoin options strategies. Just a few days before the earnings report was released, Trump Media announced the termination of the proposed business merger with Crypto.com and Yorkville Acquisition on Friday.

According to Gate market data, the stock price of the Trump family-associated mining company ABTC has risen over 13%, currently reported at $7.38, with a market capitalization increasing to $533 million.On the news front, last week, Justin Mateen, a director of the Bitcoin mining company American Bitcoin (ABTC) supported by the Trump family and co-founder of Tinder, bought company stock for two consecutive days after the company announced its quarterly financial report, with a total investment of approximately $1.93 million.Regulatory documents show that Mateen purchased approximately 145,000 shares of ABTC Class A common stock on August 5 for about $925,000, with an average purchase price of approximately $6.40 per share; on August 6, he bought approximately 162,000 shares again for about $1 million, with an average price of approximately $6.19 per share. The two transactions totaled 306,981 shares, increasing Mateen's holdings in ABTC to 492,297 shares.

According to FX News Group, the crypto platform Crypto.com and Trump Media & Technology Group Corp (NASDAQ: DJT) announced adjustments to their previously announced prediction market integration plan. The two parties will no longer develop a direct prediction market integration on Truth Social, but will instead shift to a marketing cooperation agreement to promote Crypto.com's prediction market products to the Truth Social user base.According to TMTG interim CEO Kevin McGurn, the company's strategic focus is on increasing revenue for Truth Social, continuing to expand its global media business, and completing the merger with TAE, and this marketing agreement aligns better with the company's priorities.It is reported that Crypto.com is actively expanding its product line beyond digital assets and has recently hired former OKX executive Iskandar Vanblarcum to lead its prediction market department.

According to Fortune, the Trump family is accelerating its entry into the prediction market space, with the Trump Media Technology Group developing a prediction market platform called TruthPredict, allowing users to trade prediction contracts related to significant events. The company has also launched the Truth API, providing Wall Street with quick data access to Truth Social content. Additionally, Donald Trump Jr., the eldest son of Trump, currently serves as a strategic advisor to Kalshi, and his venture capital firm 1789 Capital has invested in competitor Polymarket and joined the advisory board of Polymarket. This means the Trump family is simultaneously associated with the two major prediction market platforms, while the Trump Media Group is building its own prediction market business.Although there is currently no public evidence showing that Donald Trump Jr. or the Trump family is trading on government insider information, the potential conflicts of interest arising from the intertwining of presidential public information, market trading, and family business interests are drawing external attention. Federal agencies are still investigating whether former White House teleprompter operator Gabriel Perez used advance knowledge of Trump's speech content to trade in related markets on Kalshi. The team of Donald Trump Jr. and the Trump Media Technology Group have yet to formally respond to requests for comments regarding insider trading related to the prediction market.

According to CoinDesk, Trump Media (DJT) is gradually withdrawing from certain areas of cryptocurrency, including canceling plans to establish a publicly listed CRO token accumulation company. This plan was proposed during the peak of the digital asset reserve boom last year.Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition announced that the three parties have jointly terminated the Trump Media Group CRO strategic plan, citing "current market conditions and a shift in business and stakeholder priorities." The plan was originally intended to establish a publicly listed company focused on accumulating Cronos native tokens and generating additional income by staking these tokens. Trump Media spent $105 million on CRO tokens in September 2025, as part of its broader collaboration with Crypto.com, which aimed to integrate token rewards into its products. Following the announcement, the price of CRO fell by 5%. Additionally, the two companies also terminated another collaboration, under which Crypto.com was originally set to provide services for certain planned exchange-traded funds (ETFs) under Yorkville America.

According to a video released by Bitcoin Magazine on the X platform, U.S. President Trump stated that he is seeing more and more people using Bitcoin for payments, "they don't even know what cash is anymore." Trump said, "Cryptocurrency is a big deal."

On August 7, local time, U.S. President Trump will convene executives from several major mining companies at the U.S. Department of State to take action to secure the supply of critical minerals for the U.S. and its allies.Expected industry giants in attendance include Rio Tinto Group, BHP Billiton, and Freeport-McMoRan Copper & Gold Inc. The Trump administration plans to announce multiple transactions and memoranda of understanding.

U.S. President Trump stated that artificial intelligence could be more important than oil; whoever wins in artificial intelligence wins everything, emphasizing its significance.

When asked whether Federal Reserve Chairman Kevin Walsh should avoid raising interest rates before the midterm elections, Trump stated that it depends to some extent on Walsh, but not entirely. He pointed out that interest rate decisions are made by a very politicized committee and praised Walsh's performance, stating that he would not criticize him.

According to Bloomberg, to advance the landmark cryptocurrency legislation "Clarity Act," bipartisan senators have proposed an ethical provision to Trump that may include a clause allowing the president to defer capital gains tax on his cryptocurrency assets. The proposal requires the president to divest from cryptocurrency-related businesses, and the relevant terms are still being negotiated between the White House and lawmakers. In June 2025, Trump reported that his family's cryptocurrency business generated over $1.4 billion in revenue, indicating that most of his income has come from digital assets benefiting from his own policies. Democratic senators have made strong ethical provisions a condition for supporting the bill, which aims to clarify the regulatory authority over the cryptocurrency industry.

U.S. President Trump officially signed the executive order on polysilicon tariffs.