🎧 The main thing for last day & Events for today :

🗣 Bloomberg Analyst: $BTC at $50-70K over the past 6 months is somewhat reminiscent of BTC at $7-10K from mid-2019 to early-mid-2020

🔮 QCP: Any decline in stocks and cryptocurrencies will be short-lived as the Fed is set to begin a rate-cutting cycle, which will eventually lead to a rise in risk assets

🙋‍♂ #OSMO Osmosis DAO Proposes to Reduce Osmosis Inflation Rate and Staking Rewards by ~50%

💰 Lemniscap Raises $70M to Launch New Crypto Fund

🕵️‍♂️ Whales and SmartMoney activity:

- Since January 1, 2021, the Ethereum Foundation has transferred 239 thousand $ETH ($654 million) to CEX

- Fetch Foundation launches #FET on Binance

- Alameda Research moves #WLD to Binance

- Ceffu transferred to Binance 12,826 #ETH

📊 Graphs and reports:

- The correction was caused by a large number of longs, especially on dYdX, as well as the influx #BTC to exchanges

- Polygon network activity is growing rapidly, and major dormant #MATIC wallets are also coming back to life 📈

- TOP Dapps by total amount of fees collected this summer

- TOP public networks by TVL growth this summer

- TOP tokens issued in August by fully diluted capitalization (FDV)

- Messari report on Hedera for Q2 #HBAR

✏️ Events for tomorrow:

🇪🇺 Consumer Confidence (Aug) - 12:00 Moscow time

- Consumer inflation expectations (Aug) - 12:00 MSK

🇺🇸 GDP (Q2 2024 - prelim) - 15:30 MSK

- Initial Jobless Claims - 15:30 Moscow time

- Trade balance (July - prelim) - 15:30 MSK

- Pending Home Sales (July) - 17:00 MSK