On July 30, the Political Bureau of the CPC Central Committee held a meeting. The meeting emphasized that in doing a good job in economic work for the second half of the year, it is necessary to adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, uphold the general principle of pursuing progress while maintaining stability, fully, accurately, and comprehensively implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate both domestic and international situations, balance development and security, persist in deepening reform and opening up, accelerate the transition from old to new growth drivers, implement a more proactive fiscal policy and a moderately accommodative monetary policy, fully leverage the effectiveness of various existing policies, promptly plan and introduce practical and effective incremental policies, increase counter-cyclical adjustments, intensify efforts to expand domestic demand and optimize supply, effectively ensure and improve people's livelihoods, enhance development momentum and stimulate social vitality, promote sustained, innovative, high-quality, and sound economic development, and strive for a good start to the 15th Five-Year Plan. (Xinhua News Agency)

On July 30, according to Trader T monitoring, the US spot Ethereum ETF saw a net outflow of $18.6 million yesterday.

On July 30, according to Trader T, the US spot Bitcoin ETF recorded a net inflow of $32.1 million yesterday.

July 30, according to Axios: U.S. officials said the U.S. military is conducting airstrikes on Iran. (Jin Shi)

On July 30, U.S. President Donald Trump told the media at the White House on the afternoon of July 29 local time that the United States would deliver a heavy blow to Iran because of the missile attack by Iran on U.S. forces in the Middle East, stating that now it is "America's turn to retaliate." Trump said, "Iran knows this strike is inevitable and asked the U.S. not to launch it," but the U.S. will "teach them a lesson." Trump also said he hopes to add provisions authorizing the U.S. to impose tariffs on Iran into the sanctions bill against Russia previously pushed by late Senator Lindsey Graham. (CCTV International News)

On July 30, the Federal Reserve kept the benchmark interest rate unchanged at 3.50%-3.75%, marking the fifth consecutive meeting with no change.

Federal Reserve Chairman Kevin Warsh will announce the second interest rate decision since taking office at 2 a.m. Beijing time. According to CME's FedWatch Tool, the probability of the Fed keeping rates unchanged in July is 66.3%, and the probability of a cumulative 25-basis-point hike is 33.7%. For September, the probability of the Fed keeping rates unchanged is 20.7%, the probability of a cumulative 25-basis-point hike is 56.1%, and the probability of a cumulative 50-basis-point hike is 23.2%.

On July 29, the Philadelphia Semiconductor Index fell 4.00%. NVIDIA dropped 2.98%, TSMC dropped 3.67%, Broadcom dropped 1.87%, SK Hynix dropped 1.28%, Micron Technology dropped 5%, AMD dropped 5.51%, Intel dropped 3.36%, ASML dropped 2.73%, Lam Research dropped 5.28%, Arm Holdings dropped 6.73%, SanDisk dropped 8.04%, Qualcomm dropped 2.84%, Marvell Technology dropped 4.82%, and Western Digital dropped 0.68%.

On July 29, China's Cyberspace Administration issued a draft regulation on cyberbullying governance for public comment. The draft requires platforms to build classifiers for detecting cyber violence content, provide users with a "one-click protection" feature, and implement blacklist management and regular reporting mechanisms for violating accounts. Notably, the draft explicitly brings AI-generated deepfake images and synthetic harassment texts under regulatory oversight. The Q&A platform Zhihu has already responded by restricting the use of anonymous accounts.

On July 29th, U.S. stocks fell further, with the Nasdaq Composite Index dropping over 1%, the S&P 500 Index falling 0.83%, the Dow Jones Industrial Average declining 1.48%, and Nvidia falling over 3%.