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Trump announces crypto metaverse project The DeFiant Ones

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Top stories today:

  1. Trump announces crypto metaverse project The DeFiant Ones
  2. Apple unveils changes for EU users to comply with DMA
  3. Inflation expectations in U.S., UK, Europe drop to lowest level since 2022
  4. U.S. VC early-stage valuations more reasonable in 2023 vs. 2021/2022 peak
  5. Existing home sales +1.3% MoM to annualized 3.95M in July

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Trump announces crypto metaverse project The DeFiant Ones

  • Telegram channel of the project linked with the post.

  • Trump sons Eric and Donald Jr. teased the platform earlier.

  • Metaverse or tokenized real-world assets may be included.

2. Apple unveils changes for EU users to comply with DMA

  • 27 EU member countries will get the changes.

  • Browser choice screen debuted in EU on iOS 17.4.

  • Update will bring the choice screen if Safari is set as default browser.

  • New Default Apps section in Settings will also be available.

  • App Store, Messages, Photos, Camera, Safari will be deletable.

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4. Inflation expectations in U.S., UK, Europe drop to lowest level since 2022

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