Overview of Key Overnight Developments on July 25

21:00 (UTC+8) - 7:00 Keywords: OpenAI, Strategy, Federal Reserve, El Salvador 1. OpenAI plans to launch GPT-5 in August; 2. BlackRock increased its holdings by over 1 million ETH in July; 3. Trump visited the Federal Reserve and directly requested Powell to cut interest rates; 4. The U.S. House Committee has launched an investigation into the Federal Reserve's renovation project; 5. "Fed Whisperer": Trump's visit to the Federal Reserve was essentially a political show; 6. IMF: El Salvador's strategic Bitcoin reserve fund accumulation is in line with program conditions; 7. TON Foundation and Kingsway Capital plan to raise $400 million for the Toncoin treasury; 8. Strategy has raised its financing target from $500 million to $2 billion to purchase Bitcoin.