This week, the financial markets will see the release of several important economic data points, but the expected impact on the markets is limited. Notably, on Wednesday, July 23, the U.S. EIA crude oil inventory data will be released, and on Thursday, July 24, the weekly initial claims for unemployment benefits in the U.S. will be announced.

Looking back at the financial markets last week, several important events stood out. The introduction of the "GENIUS Act" is seen as a significant milestone for the adoption of stablecoins, with several large enterprises beginning to position themselves in related businesses. Interestingly, the Salvadoran government confirmed to the IMF that it has not increased its Bitcoin holdings since February of this year, which contradicts previous public statements made by the country's president. The IMF stated that the growth in Bitcoin balances merely reflects internal consolidation and does not violate financing agreements.

In the cryptocurrency space, WLFI clarified to the community that there will be no token unlocks for any co-founders, team members, or advisors at launch. Meanwhile, the Bank of England has asked some banks to test their ability to cope with potential dollar shocks, indicating concerns about financial stability. There are also reports from the Hong Kong market that Pandu plans to launch a spot Ethereum ETF with a staking mechanism in the second half of the year.

In the latest macro news, BlackRock has added staking options for its Ethereum trust fund, sparking discussions about the SEC approval process. Meanwhile, in the realm of international trade, Trump maintains a tough stance in tariff negotiations, and EU envoys are formulating response strategies.

These events and data reflect the complexity and uncertainty of the current financial markets. Investors should closely follow these developments, but at the same time, they should act cautiously and make informed investment decisions.