📰What you need to know this Wednesday, August 7

🔥 Solana marks a new historical high against Ethereum. SOL has one of the best price recoveries after "black Monday".

🤝 Bitcoin is no longer an obstacle to an agreement between El Salvador and the IMF. The international organization said that progress has been made in negotiations to implement a program in the Central American country.

🚀 Cathie Wood's Ark invests another USD $4 million and adds more Coinbase shares. The company continues to take advantage of the fall seen in the stock markets, so it adds more Coinbase shares.

🔎 Nasdaq requests permission from the SEC to trade options linked to Ethereum spot ETFs. The exchange is also waiting for a response to do the same with Bitcoin spot ETFs.

⚠️ In the last 24 hours, 52,087 traders were liquidated, and the total liquidations reached $152.31 million.

The largest single liquidation order occurred on OKX - ETH-USDT-SWAP worth $2.66M.

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