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8/17
01:33
Ghalibaf's remarks come as a 60-day US-Iran Memorandum of Understanding (MoU) agreement is set to expire.
01:32
Analysts point out that Japanese automakers are facing a dual risk from the Iran war and the appreciation of the Japanese Yen. Previously, companies like Toyota, Honda, and Nissan benefited from the Yen's historic weakness, but a joint intervention by the US Treasury Department and Japan's Ministry of Finance in early August caused the Yen to strengthen against the US Dollar after falling below 163. Analysts state that every 1% change in the Yen typically affects Japanese automakers' operating profits by about 2%, and for some car companies, it can be as high as 4%. This will force them to choose between raising prices in overseas markets or facing pressure on their profits. Furthermore, the Middle East conflict could lead to supply chain disruptions and increased costs. The Strait of Hormuz and the Red Sea are critical shipping lanes, and Japanese automakers rely on petrochemical products such as aluminum and naphtha. The rise in raw material costs (including naphtha, resins, memory chips, aluminum, copper, and steel) will have a widespread negative impact on the industry's profitability.
01:09
CZ admitted he misjudged the "Ignore coins" feature on Trust Wallet, noting that several users found it useful. The Trust Wallet team acknowledged the feedback, stating the feature already exists but is "buried 5 clicks deep," and CZ anticipates they will make updates to it soon.
00:45
XRP futures open interest rose to approximately $2.78 billion, up 2% over 24 hours, with trading volume jumping 55% to about $1.17 billion. This comes as the token struggles around $1 and social sentiment, according to Santiment, turned its most negative in three months. On 币安 (Binance) and OKX, long XRP positions heavily outnumbered short positions, with ratios around 3.6 to one among larger traders.
00:07
Bybit announced it will support the ValueChain (SOSO) network upgrade, expected on Aug 17, 2026, at 08:30 AM UTC. To facilitate a smooth transition, deposits and withdrawals via ValueChain (SOSO) will be temporarily suspended starting Aug 17, 2026, at 08:00 AM UTC. Trading and other activities will not be affected.
8/16
23:47
Blockchain analytics firm Chainalysis has filed a sealed complaint against the US government, challenging the Immigration and Customs Enforcement (ICE) agency's decision to award a $95 million sole-source contract to its competitor, TRM Labs. The specific objections raised by Chainalysis and the requested remedy remain undisclosed as legal proceedings continue.
23:40
Driven by expectations of Donald Trump government tariff policies, a large volume of copper metal continues to flow into the United States, leading to tighter supply in other global markets. Three-month copper prices on the London Metal Exchange (LME) were reported at $14,368 per ton, up 1.47% from the previous trading day, just a step away from the intraday historical record of $14,527.50 set in late January this year. Copper prices have risen by over 15% year-to-date, recording gains for seven consecutive weeks. Meanwhile, the LME spot copper premium over the three-month futures contract once expanded to $478 per ton, the largest spread since the major short squeeze in 2021, reflecting near-term supply tightness. LME copper inventories have fallen to slightly above 200,000 tons, the lowest level since February this year, further exacerbating supply pressure in the spot market.
23:30
Distressed Indonesian property firm PT Modernland Realty is seeking to restructure a dollar bond for a second time. The company proposes to push out the maturity of its $274.5 million dollar bond due next year and ultimately exchange it for perpetual securities backed by assets, highlighting its liquidity challenges.
22:51
JPMorgan Chase noted in its research report on August 16 that the release of Zhipu GLM-5.3 and DeepSeek's API price increase effective August 17 are changing the competitive landscape of China's AI model layer. The bank favors internally driven capabilities over models that solely rely on low prices.

Based on this, JPMorgan Chase significantly raised Zhipu's target price from HKD 1,600 to HKD 1,800, maintaining an "Overweight" rating. The reason given is Zhipu's capability leap with GLM-5.3, driven by internal technology, which has solidified its moat. At the same time, MiniMax's target price was raised from HKD 160 to HKD 260, maintaining a "Neutral" rating, mainly because DeepSeek's price increase provides it with breathing room, and the multi-modal option value brought by H3, but its core large model capabilities still need to be verified by the upcoming M3.1.
22:51
BTIG Chief Technical Market Strategist Krinsky noted in his latest report that the US stock market is entering the seasonally dangerous window of August to October in a midterm election year, characterized by historical highs and extremely low volatility. The report emphasized that since 1990, the S&P 500 has experienced at least a 7% pullback during this period every year, with the exception of 2006. Current market sentiment is complacent, with the VIX at its lowest point of the year, indicating insufficient demand for protection. Multiple technical indicators are also flashing warning signs, including the equal-weighted S&P 500 (RSP) deviating excessively from its 200-day moving average and a lack of downside volume signals. On the macro front, long-term government bond yields continue to rise after positive data, diverging from the optimistic pricing in the stock market. BTIG advises investors to actively reduce risk exposure or hedge broad equity positions.
22:48
Lookonchain observed that a trader immediately adopted a "2x return" strategy after buying MARSCOIN, selling 50% of their holdings (42.3 million MARSCOIN) for 16.4 BNB, thus recovering their initial investment. This means the remaining 42.3 million MARSCOIN are now pure profit.
22:46
Japan's Rakuten Group will collaborate with German AI defense technology startup Helsing to provide AI attack drones to the Japan Self-Defense Forces. It is reported that the cooperation between the two parties may expand to include the production of autonomous equipment in Japan in the future.

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