1. Hot search list and hot sectors
1. Top three hot search list: ETH, SOL, SATS
2. Hot sectors: Privacy, halving, BTC ecology
2. Market dynamics
1. ETH market: Ethereum (ETH) fell 8% yesterday, falling to a low of around $3,000 and now at $3,171. This sharp drop may be affected by the net outflow of Grayscale ETHE. Some analysts pointed out that the pre-listing rally of Ethereum ETF has ended, and the market has a "sell news" trading mode.
2. Binance adjusts trading pairs: At 11:00 today (Eastern District 8), Binance will remove the following spot trading pairs:
- AVAX/TUSD
- MATIC/TUSD
- VOXEL/BTC
2. Macroeconomics
1. US Federal Reserve interest rate policy: The probability of the US Federal Reserve keeping interest rates unchanged in August is 93.3%. Although the US economy is growing faster than expected and inflation has fallen, expectations of interest rate cuts have not been affected, and interest rate cuts may begin as early as September. Traders expect the Fed to cut rates by 25 basis points in September, November and December respectively.
3. Supervision and Views
Views of the founder of a16z: The founder of a16z said that the way the government regulates cryptocurrencies is stifling innovation and growth in the industry.
4. Exchange Dynamics
1. Binance opens new trading pairs: At 16:00 today, Binance will open RENDER spot trading, including the following trading pairs:
- RENDER/BTC
- RENDER/USDT
5. Mining and Analysis
1. Bitcoin miner situation:
An independent miner mined 853,742 blocks and received a block reward worth about $210,000. Crypto analyst Jamie Coutts CMT said that the situation of Bitcoin miners is getting better.
2. Ethereum ETF and market analysis:
With the opening of Ethereum spot ETF trading, CME Ethereum contract open positions hit a new high. Analysis points out that the current decline of Bitcoin is related to seasonal factors, and the timing of the launch of Ethereum spot ETF is not good.
VI. Corporate Dynamics
1. Bitstamp CEO Speech:
Bitstamp CEO said that he was proud to provide protection for Mt. Gox investors and said that BTC has proven its value.
2. BlackRock customer interest:
BlackRock said that customers have little interest in cryptocurrencies other than BTC and ETH.
