Weekend Focus
- At 8:00 on the 7th (GMT+8), $5.8 million worth of ENA will be unlocked today, accounting for 0.099% of the total supply.
Yesterday and This Morning
The slowing growth of non-farm payrolls in the United States provides a reason for the Fed to start cutting interest rates. Non-farm data release >>
Multiple factors such as the German government's sell-off and MtGox repaying creditors continue to have a sustained impact. The market continued to plummet yesterday, with BTC prices falling by $5,000, a decrease of 9%. Fear intensified, and the market's fear and greed index hit a new low since January 2023. Social media shows a peak in FUD.
The German government still holds over 40,000 bitcoins after recent sales.
Some creditors in Mentougou have confirmed receiving compensation in BTC and BCH, with the amount of compensation tokens being 13% of the holdings from that year.
Galaxy Research Director: Mt.Gox's bitcoins will be held long-term rather than being sold more.
Matrixport: The Fed may start an interest rate cut cycle in September or December, temporarily relieving the selling pressure on Bitcoin.
Bosera HashKey's encrypted ETF total assets under management have surpassed $110 million, reaching a historical high.
The UK Labour Party won a landslide victory in the election but did not disclose any crypto plans.
At the current price, only 5 models of mining machines can remain profitable for Bitcoin mining.
Huobi HTX updated Merkel Tree reserve proof in July, with reserve ratios all exceeding 100%.
Binance has completed the token mergers for FET, OCEAN, and AGIX.
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