Last week, the cryptocurrency market experienced violent fluctuations, with a sharp drop in the market, BTC falling to its recent low, and the Japanese stock market also hitting its largest single-day drop in 30 years. The Federal Reserve is expected to cut interest rates several times, Capula Management has invested nearly $500 million in Bitcoin ETF, Morgan Stanley has begun to allow wealthy clients to invest in Bitcoin ETFs, Grayscale has launched a new crypto investment product, and Nasdaq and BlackRock have proposed the introduction of spot ETH ETF iShares Ethereum Trust. At the same time, the number of Ethereum wallet addresses has dropped, the pledge ratio of ETH supply has reached a record high, and ZircuitL2 and ethena_labs have also had new developments. #opbnb