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๐Ÿ”ด LATEST: Fed Chair Warsh says AI investment is growing at nearly 20% year over year.

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๐Ÿ“ˆ XAUUSD Update

Gold remains range-bound following the FOMC decision, with the Fed keeping interest rates unchanged. The announcement triggered sharp volatility, but neither buyers nor sellers have established clear control.
Price continues to trade between key support and resistance, while the 50 EMA and 200 EMA act as overhead resistance, reinforcing the current consolidation.
Support: $4,000โ€“$4,010
Resistance: $4,060โ€“$4,080
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๐Ÿ‡ช๐Ÿ‡บ EURO-AREA 2Q GDP GREW 0.4% Q/Q; EST. +0.2%

EURO-AREA 2Q GDP GREW 1% Y/Y; EST. +0.5%

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๐Ÿ“ˆ BTC Update

BTC is attempting to recover after defending the 200 EMA, but price is still trading below the key $65.3kโ€“$65.6k resistance zone. The recent bounce shows buyers are active, though the market has yet to confirm a bullish breakout.
Support: $63.3kโ€“$63.5k
Resistance: $65.3kโ€“$65.6k
A sustained hold above support keeps the short-term bullish structure intact, while a confirmed break above $65.6k would strengthen the case for a move toward the next resistance near $67k.
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๐Ÿ“ข Strategy is set to report its Q2 2026 earnings today at 5:00 PM ET.

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๐Ÿ‡บ๐Ÿ‡ธ Senator Cynthia Lummis says the Senate should pass the CLARITY Act, arguing that the current regulatory framework for digital assets is failing the industry, consumers, and law enforcement.

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๐Ÿ‡ฏ๐Ÿ‡ตBank of Japan keeps interest rate unchanged at 1%.

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๐Ÿ’ฐ๐Ÿšจ Strategy says it will continue selling Bitcoin and no longer allocate all new capital to BTC purchases.
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๐Ÿšจ Asian markets EXPLODE higher as the AI, Semiconductor trade roars back to life.

South Korea's KOSPI posted the largest single-day gain in its history, with Samsung soaring over 20% and SK Hynix jumping more than 24%.

Taiwan's TAIEX surged over 8%, led by TSMC and other AI chipmakers as investors piled back into semiconductor stocks.

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๐Ÿ‡ฎ๐Ÿ‡ณ RBI is holding a $106 billion short US dollar forward position to defend Rupee fall

Largest short position in the data going back to 2023

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๐ŸšจBREAKING: ๐Ÿ‡บ๐Ÿ‡ธ Coinbaseโ€™s Chief Policy Officer on the progress of the CLARITY Act in Congress:

โ€œWeโ€™ve got ethics addressed, nominations in place, and a bipartisan bill on the substance. We should be ready to move forward.โ€
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๐Ÿ‡บ๐Ÿ‡ธ Fed Chair Kevin Warsh is reportedly weighing a plan to reduce the number of Federal Reserve policy meetings each year, according to the New York Times.

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Strategy Could Sell Up to $5B in Bitcoin for Reserve, Dividends and Buybacks.
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๐ŸšจGate saw $547M inflows in the past 24 hours.

That's $471M more than the next highest net inflows.
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๐Ÿšจ Michael Saylor's Strategy authorizes plans to sell up to $5 billion in Bitcoin.

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๐ŸšจBREAKING: ๐Ÿ‡ท๐Ÿ‡บ Russia has suspended crypto mining in Moscow through 2032, citing concerns that the cityโ€™s power grid cannot meet the industryโ€™s rising electricity demand.
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๐Ÿ“Š Crypto Total Market Cap (TOTAL) | 2H Update

The total crypto market cap successfully defended the $2.12T demand zone and printed a strong bullish reaction, showing buyers are active at this key support.

๐ŸŸข Support Zone: $2.11Tโ€“$2.12T

๐Ÿ”ด Immediate Resistance: $2.18Tโ€“$2.20T
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๐Ÿšจ 4 DAYS LEFT

๐Ÿ‡บ๐Ÿ‡ธ The U.S. Senate has just four days before the August recess to take up the CLARITY Act.

Supporters say passing the bill would be a major step toward making the U.S. the global capital of crypto.

https://x.com/pushpendratech/status/2083803512811458734?s=46
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