Ethereum Tenth Anniversary Torch Commemorative NFT Minting Consumed a Total of $584,000 USD Worth of ETH Gas

August 1st. In a message from "the Fed Whisperer," Nick Timiraos, it was indicated that the recent three-month slowdown in employment might have created an opportunity for Fed officials to consider a rate cut at their next meeting in September. At the least, this has highlighted the difficult balancing act they are facing amid economic slowdown and rising inflationary pressures. Given that the labor market had been demonstrating robust job growth, Fed officials had been at ease this year in maintaining the stability of interest rates. However, significant downward adjustments to the May and June employment data have changed that situation. Fed officials had previously stated that they were less concerned about overall job growth as it had slowed in tandem with the deceleration in labor force growth. When the labor supply shrinks, even if job growth decelerates, the unemployment rate can still remain stable or even decrease. Nevertheless, Fed Chair Powell noted this week that the stab

On August 1st, according to HTX market data, Bitcoin continued to rise following the release of US non-farm payrolls data and broke through $116,000. It is currently priced at $116,005, with a 24-hour decline narrowed to 2.02%.

On August 1st, traders have fully factored in the situation where the Fed will cut interest rates twice before the end of the year. (Xinhua)

On August 1st, Michael Saylor declared during a CNBC interview that Strategy might acquire up to 1.5 million bitcoins. This would result in holding more than 7.14% of the entire Bitcoin supply. As of the publicly available data as of this Monday, Strategy holds a combined total of 628,791 bitcoins, and the overall average holding price is $73,277.

On August 1st, the implications in the futures market suggest that traders hold the view that there is a 75% probability of a 25-basis-point rate cut by the Federal Reserve at the September meeting. This probability has increased from 45% prior to the release of the employment report. (FXStreet)

On August 1st, based on The Block's data dashboard, it was observed that Solana (SOL) experienced a notable month-on-month growth in trading volume and open interest within CME's futures market during July. Both metrics reached new highs since the product's launch. Specifically, the total trading volume of SOL futures on CME saw a significant increase, rising from $2.3 billion in June to $8.1 billion in July, representing a 252% month-on-month growth. At the same time, the average monthly open interest also witnessed a substantial rise, going from $132.3 million to $400.9 million, which is a 203% month-on-month increase.