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What to Watch Next Week | Trump's Reciprocal Tariffs Take Effect August 7th; Binance Alpha to List CYC, DARK, and TOWNS (August 4-10th)
Azuma
Odaily资深作者
@azuma_eth
10hours ago
This article is about 2018 words, reading the full article takes about 3 minutes
The social protocol Towns Protocol officially announced that it will launch its token on August 5.

Next week's highlights

August 4

Binance Alpha will list Cycle Network (CYC) on August 4th ;

Binance Alpha will list DarkStar (DARK) on August 4th ;

August 5

Towns Protocol will officially launch its token on August 5th ;

Binance Alpha will list Towns (TOWNS) on August 5th ;

August 7

Trump delayed the implementation of reciprocal tariffs by one week to August 7 ;

The U.S. will release weekly initial jobless claims ;

From August 4 to August 10, more noteworthy events in the industry are previewed below.

August 4

Binance Alpha will list Cycle Network (CYC) on August 4th

According to an official announcement, Binance Alpha will list Cycle Network (CYC) on August 4th. Eligible users can redeem their Binance Alpha Points on the Alpha event page after trading opens. Detailed details will be announced later.

Binance Alpha will list DarkStar (DARK) on August 4th

According to official news from Odaily Planet Daily, Binance Alpha will launch DarkStar (DARK) on August 4.

Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after Alpha trading opens. Detailed details will be announced later.

Solana Mobile's second phone, the Seeker, will ship on August 4th, launching its native token, SKR.

Odaily Planet Daily News: Solana Mobile announced that its second mobile phone, Seeker, will begin shipping on August 4, 2025. At the same time, the Solana Mobile ecosystem will introduce a native token, SKR, to incentivize developers and users to participate in the construction of the mobile Web 3 ecosystem.

Succinct has opened airdrop registration, and the registration window will close at midnight on August 4th.

Odaily Planet Daily News: The decentralized proof network Succinct Foundation officially announced that airdrop registration has been opened. The registration window will be open until 7:00 pm UTC time on August 3 (3:00 am Beijing time on August 4).

August 5

Towns Protocol will officially launch its token on August 5th

Odaily Planet Daily News: The social protocol Towns Protocol announced in an article on X that the TOWNS token will be officially launched on August 5.

Binance Alpha will list Towns (TOWNS) on August 5th

According to official news from Odaily Planet Daily, Binance Alpha will list Towns (TOWNS) on August 5th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. Detailed details will be announced separately.

August 6

Brazilian lawmakers will debate the president’s 17.5% cryptocurrency tax proposal on August 6.

According to Bitcoin.com News, Brazilian lawmakers are preparing to debate President Lula da Silva’s new cryptocurrency tax proposal. The proposal would impose a flat 17.5% tax on all cryptocurrency transactions, with a hearing scheduled for August 6.

August 7

Trump delays reciprocal tariffs by a week to August 7

Odaily Planet Daily reported that on Thursday evening local time, US President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods exported to the United States from 67 trading partners, raising tariff levels to the highest level in more than a century. However, the new tariffs will not take effect until August 7, instead of the previous August 1, giving countries another window to try to negotiate a reduction in tariffs.

White House officials said Thursday evening they hope to reach more agreements with various countries before the new tariff implementation date of August 7.

The U.S. will release weekly jobless claims data

Odaily Planet Daily News: At 20:30 Beijing time on August 7, the United States will announce the number of initial jobless claims for the week ending August 7, with the previous value being 218,000.

August 8

Fed Governor Kugler to resign on August 8

Odaily Planet Daily News: The Federal Reserve said in a statement that Federal Reserve Board member Kugler will resign next week, which provides Trump with an opportunity to appoint a preferred candidate in advance, who may take up a leadership position in the central bank. Kugler's position was not scheduled to be vacant until January next year, and there are currently no other vacancies on the 7-member Federal Reserve Board. Now, Trump will have the opportunity to appoint a board member immediately to put pressure on Chairman Powell-and this board member may succeed Powell. The statement said that Kugler has submitted his resignation to US President Trump and will step down next Friday (August 8) and return to Georgetown University as a professor. Kugler did not attend the Federal Reserve's policy meeting this week, and the board said he was absent due to personal matters. Kugler served as chief economist of the U.S. Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023. (Jinshi)

August 9

None

August 10

None

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