Headline
▌Metaplanet CEO: Will provide a variety of tools to raise funds to purchase Bitcoin
Simon Gerovich, CEO of Japanese listed company Metaplanet, posted on the X platform that the company's goal is to provide a variety of tools to raise funds to purchase Bitcoin. Taking Bitcoin as the standard, Metaplanet's mission is to continuously increase the value of each Bitcoin share. The issuance of perpetual preferred stock is a high-value-added tool designed to maximize long-term shareholder value.
▌U.S. Trade Representative: Tariff Policy is Basically Fixed
U.S. Trade Representative Greer said on August 3rd local time that the new round of tariffs imposed by U.S. President Trump on several countries last week is "basically set" and will not be adjusted in the current negotiations. These include a 35% tariff on goods imported from Canada, a 50% tariff on Brazil, a 25% tariff on India, and a 39% tariff on Switzerland. Greer said that some tariffs are set based on bilateral trade surpluses and deficits, and "these tax rates are basically fixed." (Golden Ten)
Market
As of press time, according to Coingecko data:
BTC price is $114,249, up or down 1.4% in the past 24 hours;
ETH price is $3,506.99, up or down 3.1% in the past 24 hours;
BNB price is $752.92, up or down 1.8% in the past 24 hours;
+2.6%; the price of DOGE is $0.1993, with a 24-hour increase or decrease of +4.3%; the price of XRP is $2.95, with a 24-hour increase or decrease of +6.4%. The price of TRX was $0.3278, with a 24-hour change of +1.8%. UK retail investors will soon be able to purchase cryptocurrency exchange-traded notes (cETNs) under new regulations from the UK Financial Conduct Authority (FCA) that will take effect on October 8. cETNs must be listed on FCA-approved UK trading platforms and comply with financial promotion and consumer responsibility rules. While retail users will be allowed to use cETNs, they will not be covered by the Financial Services Compensation Scheme. The FCA previously banned retail investors from accessing crypto ETNs in 2021, citing investor protection concerns.
▌Trump angrily denounces Democrats for political blackmail
On August 2, local time, Chuck Schumer, the U.S. Senate minority leader and Democrat, said at a briefing that the Republicans need to cooperate with the Democrats. Going it alone and trying to change the rules will only harm the interests of the people. Previously, the U.S. Senate failed to fully complete the approval of several executive nominations of U.S. President Trump. Trump angrily denounced Chuck Schumer on social media for obstructing nominations, slowing down the process. Republicans said they might try to amend Senate rules when they resume in September to speed up approval. According to the U.S. Congressional schedule, the Senate and the House of Representatives enter their annual summer recess in August. It is also at this time that the Senate plans to hold hearings on a number of nominations, including federal agencies, ambassadorial positions and judicial positions. Previously, Trump proposed that Senate Republican leader John Thune cancel the August recess. Blockchain Applications: Hong Kong's RWA Registration and Filing Platform to Launch on August 7th. According to the Science and Technology Innovation Board Daily, the Hong Kong RWA Registration and Filing Platform, initiated by the Hong Kong Web3.0 Standardization Association, will launch on August 7th. It will provide a comprehensive service system for the digitization, assetization, and financialization of RWA asset tokenization. It is reported that this platform may be the world's first RWA registration and filing platform. FTX Creditor Releases Update on SBF Case: Trial Scheduled to Begin on November 3rd, 2025, for a Week. FTX creditor Sunil released an update on the SBF case on the X platform: Trial scheduled to begin on November 3rd, 2025, for a week. Justin Sun Officially Completes Blue Origin Space Flight. TRON founder Justin Sun successfully completed a flight to the edge of space aboard Blue Origin's New Shepard spacecraft. The mission lasted approximately 10 minutes, and the spacecraft crossed the Kármán line, achieving suborbital flight and a weightless experience before returning safely to the landing zone in Texas. Cryptocurrency. Coinbase Bitcoin Premium Index Temporarily Reported at -0.0081% According to Coinglass data, the Coinbase Bitcoin Premium Index is temporarily reported at -0.0081%. The Coinbase Bitcoin Premium Index measures the percentage difference between the Bitcoin price on Coinbase Pro (USD pair) and the price on Binance (USDT trading pair). Coinbase is a popular cryptocurrency exchange among US investors, especially large institutions, while Binance has a larger global user base. This means that the difference in BTC prices on the two platforms could indicate whether US investors are exerting greater buying pressure on the market than global investors. Bitcoin's current market share is 60.3%, according to Coingecko data, while Ethereum's market share is 11.2%. Michael Saylor posted, "Winter Won't Return." Strategy Executive Chairman Michael Saylor posted on Platform X, "Winter Won't Return." No information about Bitcoin Tracker has been released yet. According to past practice, Strategy's Bitcoin holdings data is usually disclosed the day after the release of Bitcoin Tracker information. It is unclear whether Strategy will disclose this information tomorrow. SharpLink Gaming, the second-largest Ethereum holder, has seen a floating profit of over $200 million. With SharpLink Gaming's further increase in ETH holdings, its strategic ETH reserves have risen to 480,204, with an average price of approximately $3,045, for a current floating profit of $221 million. Michael Saylor: Bitcoin is a trading asset in the short term, but a treasury asset in the long term. Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), stated in a post on the X platform: "In the short term, Bitcoin is a trading asset, but in the long term, it will be a treasury asset." Bitcoin is a group of cyberbumblebees serving the goddess of wisdom, feeding on the fire of truth and growing exponentially behind a wall of cryptographic energy, becoming smarter, faster, and more powerful.
▌Public Chain Activity Ranking in the Past 7 Days: Solana Remains at the Top
According to Nansen data, the top five public chains in terms of active addresses in the past 7 days are: Solana (22.244 million), BNB Chain (9.76 million), Base (6.851 million), Tron (5.952 million), and Sei (4.07 million).
▌Towns Protocol Announces Token Economics: 57% of Tokens Used for Airdrops, Grants, and Other Community Programs
Communication platform Towns Protocol announced the following token economics: The total supply of TOWNS tokens is 10 billion, and more than 10% of the tokens will be airdropped to early users, partners, and launch collaborators on August 5th. Earlier news: Binance Alpha will launch Towns (TOWNS) on August 5th. Important Economic News: Hassett, Director of the White House National Economic Council, says he has no desire to lead the Bureau of Labor Statistics. Hassett, Director of the White House National Economic Council, said he has no desire to lead the Bureau of Labor Statistics, citing the poor jobs report as stating the economy is "smooth sailing." (Regarding the selection of the next Federal Reserve Chair): US President Trump is actively searching with Treasury Secretary Jeff Bessant for a candidate. Earlier news: US President Trump fired current Director Erika McEntarfer due to weak non-farm payroll data. William Wiatrowski will serve as Acting Director of the Bureau of Labor Statistics. ECB Governing Council Member: Too Early to Declare a Pause in Rate Cuts ECB Governing Council Member Pasarides stated that inflation is broadly in line with expectations. Uncertainty exists, primarily due to tariffs. It is premature to interpret the ECB's July decision as a pause in rate cuts. Golden Encyclopedia What are Crypto ETPs? What is their future? Crypto ETPs offer exposure to digital assets through traditional financial instruments. Crypto exchange-traded products (ETPs) use crypto assets as their underlying commodities. They aim to provide exchange-traded investments for investors who want exposure to cryptocurrencies without purchasing them directly. Many investors, especially institutional investors, prefer this approach because it opens up cryptocurrency investment within traditional financial instruments. This eliminates the need to navigate unregulated markets or be responsible for the security of crypto assets. Several types of cryptocurrency ETPs are available, including exchange-traded funds (ETFs), exchange-traded commodities (ETCs), and exchange-traded notes (ETNs). These cryptocurrency ETPs are widely traded and often account for the majority of trading volume—both inflows and outflows. What are crypto ETP outflows? They occur when funds flow out of these investment products, signaling a rush to sell positions. This can occur for a variety of reasons, including profit-taking, negative market sentiment, or risk adjustments. ETP outflows are driven by a variety of factors, including economic conditions, industry concerns, regulation, and market cycles, which can be used to predict upcoming market movements. Crypto ETP outflows signal a significant shift in sentiment, which in turn can continue to exert downward price pressure on the cryptocurrency market. The continued growth of new ETPs entering the market indicates continued investor interest in the sector. Especially given the long-term growth trend in cryptocurrency AUM, the future prospects for cryptocurrency ETPs as powerful investment tools and market drivers are bright. As the cryptocurrency market continues to evolve, the introduction of new ETPs is likely to spur further innovation and attract a wider range of investors. As regulatory clarity and institutional interest grow, future offerings may expand to include other promising cryptocurrencies.
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