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QCP Capital: The market may be immune to the outflow of Ethereum ETFs. According to Mars Finance news, QCP Capital released a research report stating that after Trump's speech, BTC had tested $70,000, but later fell below $67,000, as the US government transferred approximately $2 billion worth of BTC. Compared to BTC, ETH performed better, with ETH/BTC rising by 5%. Although spot ETFs have seen outflows for four consecutive days, the volatility premium of ETH has expanded from 4% last week to 8%. The market may be immune to capital outflows, and investors may shift from the more expensive ETHE to the cheaper ETF. In the coming week, the FOMC meeting, earnings reports from major tech companies, and unemployment data will be the focus. $PEPE $SOL $WLD
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METIS: Discord has been hacked, please do not click on suspicious links. ChainCatcher message, the Ethereum Layer2 network METIS has issued a warning on the X platform, stating that METIS' Discord has been hacked, and users should not click on any "airdrop links" or any other links. $PEPE $SOL $WLD
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QCP Capital: When Ethereum ETFs achieve stable daily inflows, it may drive Ethereum prices to break through. PANews, July 30 news, Singapore-based cryptocurrency investment firm QCP Capital said that due to the frenetic sentiment triggered by Trump's weekend speech, BTC tested the high point of $70,000 before the US stock market opened, but a few hours later it plummeted more than $3,000, falling below $67,000. This optimistic sentiment did not last long, as the US government transferred about $2 billion worth of 30,000 BTCs, and also held another 39,000 BTCs confiscated from the founder of the Silk Road. At the same time, compared to BTC, the performance of the spot ETH was relatively better after Trump's speech. Although its spot ETF has seen capital outflows for the fourth consecutive day, ETHBTC has risen 5% since then. In addition, the volatility premium of ETH relative to BTC has expanded from 4% last week to about 8% for longer-term maturities. Why is ETH performing strongly? The market may have become immune to the headline capital outflow data as funds shift from the higher-priced ETHE to the lower-priced ETF. This raises the question: once we see stable daily capital inflows, will ETH see a significant breakout? US election headline news will still be the main focus, but there are also some important macroeconomic events coming up. Important events include the Federal Open Market Committee (FOMC) meeting on Wednesday, major tech earnings (Apple, Amazon, Meta) throughout the week, and the unemployment data on Friday. $PEPE $SOL $WLD
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METIS: Discord has been hacked, please do not click on suspicious links. On July 30, the Ethereum Layer2 network METIS released a warning on the X platform, stating that METIS' Discord has been hacked, and users should not click on any "airdrop links" or any other links. $PEPE $SOL $WLD
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Metis's Discord has been hacked, do not click on suspicious links. Foresight News reported that the METIS Layer2 network has warned that the METIS Discord has been hacked, and users should not click on any "airdrop links" or any other links. $PEPE $SOL $WLD
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