1. Hot Coins: SATS, SUI, ETH; Popular Sectors: RWA, DID, Binance Investment

2. Current price of BTC is $60929.77, with a 24-hour increase of 2.81%. Short positions liquidated for $59.48 million

The current price of BTC is $60929.77, with a 2.81% increase in the past 24 hours. During this period, the total liquidation amount of contracts across the network in the past 24 hours was $101 million, with the majority being short positions. BTC liquidations amounted to $34.43 million (34.03%). Data is for reference only. -Original

3. The probability of a 50 basis point rate cut by the Fed in September is 49.5%, and the probability of a 25 basis point rate cut is 50.5%

According to CME's "FedWatch" data, the probability of a 25 basis point rate cut by the Fed in September is 50.5%, while the probability of a 50 basis point rate cut is 49.5%. -Original

4. ETH breaks through $2700, currently at $2697.64, with a 24-hour increase of 0.54%

OKX-ETH/USDT is currently at $2697.64, with a 0.54% increase in the past 24 hours. Please note the market fluctuations. Note: Monitoring across multiple platforms, the current price is not for this trading pair. -Original

5. After failing to discuss cryptocurrency with Musk, Trump, MAGA memecoin experienced sell-offs

Donald Trump had a live chat with Elon Musk on X on Monday night, but did not mention cryptocurrency during the two-hour interview. Before the interview, prices of several memecoins inspired by the former president reached highs, but experienced sell-offs in the past 24 hours. -Original

6. Core Scientific announces plans to issue $350 million in convertible preferred notes, with stock price dropping over 10%

7. DRW Venture Capital discloses holding of $150 million worth of Ethereum ETF

8. Mt.Gox creditor wallet address experiences a transfer transaction of 33,105 BTC, worth approximately $1.97 billion

The Mt.Gox creditor wallet address, suspected to be BitGo, experienced a transfer transaction of 33,105 BTC approximately 15 minutes ago, worth approximately $1.97 billion. -Original

9. Cumberland receives 1.415 billion USDT from Tether and transfers to CEX

Cumberland received 1.415 billion USDT from Tether Treasury 1 hour ago and transferred it to Kraken, OKX, Coinbase, and Binance. In just eight days, Cumberland has injected 1.04 billion USDT into the cryptocurrency market. -Original

10. US bank CEO states that the Fed should cut rates as soon as possible, as the inflation rate has decreased

Brian Moynihan, CEO of Bank of America, stated in an interview that with the slowing economy and consumer spending tightening, the Fed should cut rates as soon as possible. Moynihan stated, "The economy is slowing down, so we have to be careful because we've already won in suppressing inflation, and the inflation rate has decreased. Although it hasn't dropped to the level people hope for, we have to be careful not to try to be too perfect and lead us into a recession." The executive stated that Bank of America's analysts do not predict a recession this year. Moynihan added, "They tell people that rates may not rise, but if they don't start cutting relatively quickly, it could hit the confidence of American consumers." -Original

11. Bitcoin miner Hut 8's second-quarter revenue increased by 72%, but net loss was $71.9 million

Hut 8's net loss in the second quarter totaled $71.9 million, mainly due to a fair value adjustment of $71.8 million on its assets. The company's revenue increased by 72% year-on-year, reaching $35.2 million, mainly benefiting from reduced mining costs and its growing alternative computing service business line. -Original

12. Crypto PAC plans to invest $12 million to overturn the power of Ohio Senator Brown

The cryptocurrency interest group plans to pursue Senator Sherrod Brown (Ohio Democrat) in their largest single campaign to date and has allocated $12 million to support the Republican candidate. This candidate is attempting to take the Senate seat from the current chairman of the Senate Banking Committee, who has been highly critical of the digital asset space and is unwilling to accept cryptocurrency legislation. -Original

13. Coinbase to resume offering crypto services in Hawaii

Coinbase is once again offering crypto services in Hawaii. The exchange exited Hawaii in 2017 due to the state's strict cryptocurrency regulatory framework. -Original

14. US stocks close with Nasdaq up 2.43%, Dow up 1.04%, and S&P 500 up 1.68%

The above are selected hot topics from the past 24 hours. For faster news, please download AICoin (aicoin.com)

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