Key Events Preview for Next Week
August 4
Binance Alpha will launch Cycle Network (CYC) on August 4;
Binance Alpha will launch DarkStar (DARK) on August 4;
August 5
Towns Protocol will officially launch its token on August 5;
Binance Alpha will launch Towns (TOWNS) on August 5;
August 7
Trump will delay the effective date of the reciprocal tariffs by one week to August 7;
The U.S. will announce the number of initial jobless claims for the week;
From August 4 to August 10, more noteworthy events in the industry are as follows.
August 4
Binance Alpha will launch Cycle Network (CYC) on August 4
According to an official announcement from Odaily Planet Daily, Binance Alpha will launch Cycle Network (CYC) on August 4. Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after the Alpha trading opens. Specific details will be announced separately.
Binance Alpha will launch DarkStar (DARK) on August 4
According to official news from Odaily Planet Daily, Binance Alpha will launch DarkStar (DARK) on August 4. Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after the Alpha trading opens. Specific details will be announced separately.
Solana Mobile's second phone, Seeker, will ship on August 4, launching the native token SKR
Odaily Planet Daily reports that Solana Mobile has announced that its second phone, Seeker, will start shipping on August 4, 2025. At the same time, the Solana Mobile ecosystem will introduce the native token SKR to incentivize developers and users to participate in the mobile Web 3 ecosystem.
Succinct has opened airdrop registration, which will close at midnight on August 4
Odaily Planet Daily reports that the Succinct Foundation has officially announced that airdrop registration is open, and the registration window will close at 7:00 PM UTC on August 3 (3:00 AM Beijing time on August 4).
August 5
Towns Protocol will officially launch its token on August 5
Odaily Planet Daily reports that the social protocol Towns Protocol announced on X that the TOWNS token will officially launch on August 5.
Binance Alpha will launch Towns (TOWNS) on August 5
According to official news from Odaily Planet Daily, Binance Alpha will launch Towns (TOWNS) on August 5. Eligible users can go to the Alpha event page to claim airdrops using Binance Alpha points after the Alpha trading opens. Specific details will be announced separately.
August 6
Brazilian lawmakers will debate the president's proposed 17.5% cryptocurrency tax on August 6
Odaily Planet Daily reports that according to Bitcoin.com News, Brazilian lawmakers are preparing to debate a new cryptocurrency tax proposal put forward by President Lula. The proposal imposes a uniform tax rate of 17.5% on all cryptocurrency transactions, with the hearing scheduled for August 6.
August 7
Trump will delay the effective date of the reciprocal tariffs by one week to August 7
Odaily Planet Daily reports that on Thursday evening local time, U.S. President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods exported to the U.S. from 67 trading partners, raising tariff levels to the highest in over a century. However, the new tariffs will not take effect until August 7, instead of the previously scheduled August 1, giving countries another window to negotiate lower tariffs.
White House officials stated on Thursday evening that they hope to reach more agreements with countries before the new tariff implementation date of August 7. (Jin Ten)
The U.S. will announce the number of initial jobless claims for the week
Odaily Planet Daily reports that at 8:30 PM Beijing time on August 7, the U.S. will announce the number of initial jobless claims for the week ending August 7, with the previous value being 218,000.
August 8
Federal Reserve Governor Kogler will resign on August 8
Odaily Planet Daily reports that the Federal Reserve stated in a statement that Federal Reserve Governor Kogler will resign next week, providing Trump with an opportunity to appoint a favored candidate who may take a leadership position in the central bank. Kogler's position was not expected to become vacant until January next year, and there are currently no other vacancies on the seven-member Federal Reserve Board. Now, Trump will have the opportunity to immediately appoint a governor to pressure Chairman Powell—and this governor could potentially succeed Powell. The statement said that Kogler has submitted his resignation to President Trump and will step down next Friday (August 8) to return to Georgetown University as a professor. Kogler did not attend this week's Federal Reserve policy meeting, and the board stated he was absent due to personal matters. Kogler previously served as the Chief Economist at the U.S. Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023. (Jin Ten)
August 9
None
August 10
None
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