Hot news in the cryptocurrency circle on August 7:

1. BTC rebounded around 57,000, and once rebounded by nearly 20%. Is it an oversold rebound or a reversal? This is a question;

2. ETH is as weak as ever, with more declines and fewer rebounds, and all exchange rate pairs have hit new lows;

BlackRock Ethereum ETF ETHA has received nearly $900 million in capital inflows since its listing two weeks ago; (BlackRock's ETF is really working hard to deposit funds)

3. SOL has the strongest rebound, and the exchange rate pairs have all hit new highs, driving the entire chain meme up;

4. The scale of the Fed's reverse repurchase has fallen below $300 billion for the first time since 2021;

5. Goldman Sachs CEO: It is expected that the Fed will not cut interest rates urgently, and may cut interest rates 1-2 times in the fall;

6. Coinbase: Users need to migrate Galxe (GAL) to Gravity (G) by themselves;

7. CryptoHayes ：The dissolution of the yen carry trade may cause global market turmoil, and cryptocurrencies face major fluctuations;

8. Ronin_Network continues to be stolen, and no one has discovered it for nearly a week, with the same formula;

White hat hackers have returned about $10 million in ETH, and USDC is expected to be returned later;

9. Diego Oliva, CEO of the Starknet Foundation, will step down, and James Strudwick will take over the leadership of the foundation; (I have made enough money and will go down to rest)

10. BNB Incubation Alliance demonstrated its commitment to supporting emerging projects at the EthCC and Bitcoin 2024 events, and the winning projects will be included in the MVB program;

11. Ether Fi Foundation: Ether Fi Protocol's revenue in July was $2.58 million, of which 5% has been used to purchase ETHFI;

12. UwULend hackers have transferred 1,000 ETH to Tornadocash, worth about $2.5 million;

13. OrderlyNetwork's daily trading volume reached 18 14. The opening price of Matr1xOfficial governance token MAX was lower than expected, but the pull-up effect was good. Unfortunately, except for those who bought in the secondary market, everyone else is still recovering their investment. 15. The Meme coin DJT fell by more than 90% in 24 hours, with the lowest price reaching 0.0001459 US dollars.