Kazakhstan Turns To Bitcoin Reserves Amid Market Struggles; Trump Declares Tariffs Without Extension

The Central Bank of Kazakhstan is gearing up to hold reserves in Bitcoin and other cryptocurrencies, as reported by Bitcoin Magazine. Matrixport suggests that although Bitcoin is testing resistance levels, the current market momentum is weak despite strong equities; upcoming catalysts like Fed policies and ETF flows could boost prices. Ethereum, ZKsync Era, and Aptos are top contenders in real-world asset networks, holding significant portions of total value. Former President Trump has indicated no extension for the 90-day tariff exemption period, with tariffs up to 50% set to take effect unless new agreements are reached. JD.com has officially denied rumors of launching a stablecoin or creating related communities, labeling such claims as fraudulent. Since 2013, Bitcoin has experienced eight months of gains and four of losses in July, with an average return of 7.56%. Market overview shows BTC/USDT at $107,609.33, down 0.27%, and ETH/USDT at $2,457.14, up 0.36%.