๐จ BREAKING: Iran has announced that any future transit fees in the Strait of Hormuz will not apply equally to all nations, with China and other countries it considers "friendly" expected to receive preferential rates and special concessions under the proposed system. The move signals Tehran's intent to reward strategic partners while increasing pressure on rival states as negotiations over the vital global shipping corridor continue $OG $LAB $SUN
๐จOPEC+ TO PUMP MORE OIL AS PRICES RETURN TO PRE-WAR LEVELS
OPEC+ will raise output by another 188,000 barrels per day from August, continuing monthly hikes as the Strait of Hormuz gradually reopens, per Reuters.
The move comes as WTI crude has dropped from above $105 in early June to $68.77, as the US-Iran MoU began reopening the strait earlier this month. $CL $BZ
Michael Saylor Hints BTC Buy โ ๐๐ Strategy founder Michael Saylor posted 'Bitcoin is Digital Energy,' hinting at potential new Bitcoin acquisitions, following his pattern of posting before disclosing BTC purchases.$BTC
$SHIB Shiba Inu is among the coins adopted by Belarus banking system.
Belarus will allow โcrypto banksโ to operate with 26 cryptocurrencies including Bitcoin, Ethereum, Toncoin, Solana and Shiba Inu, supporting 11 services such as deposits, loans, staking, transfers, token issuance, and exchange.$LAB $VANRY
๐จ BREAKING: ๐ฟ๐ฆ South Africa unveils new tax guide for over 6 million crypto holders.
Key points include: โข Crypto is taxed when sold, swapped, or spent โข Frequent traders pay income tax of 18% to 45% โข Long-term investors may pay capital gains tax of up to 36% โข SARS is increasing enforcement and requiring detailed record-keeping โข Crypto exchanges will report transactions to tax authorities under new reporting rules $VANRY $LAB $BTW
On January 20, 2025, President Donald Trump signed an executive order establishing the U.S. DOGE Service Temporary Organization, creating the Department of Government Efficiency (DOGE).
DOGE officially reached the end of its legal mandate on July 4, 2026.
DOGE was created as an 18-month initiative to reduce federal spending, eliminate waste, modernize government technology, cancel unnecessary contracts, shrink the federal workforce and improve efficiency across agencies.
Led by Elon Musk during its early months, DOGE claimed to have saved $215 BILLION through cancelled contracts, grants, leases, workforce reductions and other cost-cutting measures.
DOGE estimated the figure equated to roughly $1,335 per U.S. taxpayer.
DOGE's savings tracker stopped updating after January 1, 2026, with the administration saying its impact will be reflected through agency actions, appropriations and rescission packages rather than a standalone report. $DOGE $LAB
โก South Africa Crypto Tax Draft ๐๐ South African Revenue Service (SARS) released a draft guide on crypto asset taxation, seeking public input until August 31, 2026. The guide covers income and capital gains tax for trading, mining, ICOs, and airdrops, affecting approximately 5.8 million taxpayers. $LAB $CAP $GIGGLE
โกGold Flash Crash on Hyperliquid๐๐ Gold experienced a significant ~$100 flash crash on the Hyperliquid decentralized exchange. This sudden price movement highlights potential liquidity issues or oracle manipulation risks on perps DEXs, drawing immediate attention from crypto media and traders monitoring volatile assets. $XAU $HYPE
CZ Tweet Sparks MEME Coin Surge ๐๐๐ Binance founder CZ replied to a riddle tweet with 'Water (drop) your BNB wallet', triggering a surge in BSC chain MEME coins tied to his name. 'CZ (The Final Form Bull)' market cap briefly exceeded $41 million with a 182x 24-hour gain. Another token, 'CZ (The Bull)', rose 24x. Market participants are replicating the 'Ansem effect' speculation pattern, though risks remain high. $LAB $BCH $EPIC
๐จ BREAKING: GEOPOLITICAL SHOCKWAVE ๐จ๐ณ CHINA SECURES SPECIAL PRIVILEGES IN THE STRAIT OF HORMUZ. ๐ฎ๐ท IRAN HAS GRANTED BEIJING PREFERENTIAL ACCESS TO THE WORLD'S MOST CRITICAL OIL Checkpoint. โ ๏ธ TEHRAN'S STRATEGIC SHIFT TOWARD CHINA MARKS A MAJOR GEOPOLITICAL ESCALATION, INTENSIFYING THE U.S.โCHINA POWER STRUGGLE. ๐ ENERGY SECURITY, GLOBAL TRADE, AND FINANCIAL MARKETS COULD FACE SIGNIFICANT VOLATILITY IF THIS TREND CONTINUES.
โก CLARITY Act Gains Neutral Support๐โ ๐ The Major County Sheriffs' Association shifted its stance on the US CLARITY Act from opposition to neutral, citing addressed concerns regarding law enforcement capabilities. This development reduces legislative resistance, potentially accelerating the bill's progress in the Senate and providing clearer regulatory frameworks for decentralized protocol developers.$LAB $VANRY $PLAY