According to BlockBeats, on July 20th, according to Lookonchain monitoring, a newly built whale address withdrew 5599 ETH worth $20.08 million from Galaxy Digital three hours ago. The address has accumulated 11147 ETH in the past 2 days, with a total value of approximately 40 million US dollars.

The current price of ETH is $3658.92, with a 1.83% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 12.03 million US dollars, with the main liquidation being short orders and ETH liquidation being 6.61 million US dollars (55.00%). The data is for reference only.

According to a report by Golden Finance, US Treasury Secretary Besson stated on X platform that blockchain technology will provide power for the next generation of payments, and the US dollar is coming on chain. Thanks to Trump's leadership and Senator Bill Hagerty's important work in Congress, the GENIUS Act will help consolidate the US dollar's position as the global reserve currency for future generations. In addition, Michael Faulkender, Deputy Secretary of the Treasury of the United States, also stated that with the GENIUS Act providing legal clarity for stablecoins, the United States now has faster, cheaper, and more secure transaction methods, which has increased global acceptance and demand for digital payments supported by the US dollar and strengthened the commitment to making the United States the world's crypto capital.

According to a report by Golden Finance, the European Central Bank may choose to temporarily postpone interest rate cuts in response to the economic risks posed by Trump's tariffs. In the final decision before entering the seven week summer break, policymakers may maintain the 2% interest rate unchanged on Thursday until the tariffs are truly implemented and their impact can be more accurately assessed. But policy makers are well aware that risks are lurking: in addition to tariff concerns, the strengthening of the euro is suppressing the price outlook and further squeezing exporters, while France's public finance problems may brew a new political crisis. In this context, the European Central Bank may acknowledge an increased possibility of a September interest rate cut internally. Morgan Stanley economists said that based on this, President Lagarde may reiterate in her statement on Thursday that growth risks are "trending downwards". We expect the wording of the committee after the meeting on July 24th to be similar to that expressed in June, reserving the possibility of further interest rate cuts but not making any commitments

According to BlockBeats news, on July 20th, according to the Wall Street Journal, insiders reported that US Treasury Secretary Vicente has privately advised Trump in recent days not to attempt to dismiss Federal Reserve Chairman Powell. Besant's reasons mainly focus on the following points: the possible impact on the economy and market, the possibility of the Federal Reserve cutting interest rates later this year, and the possibility of political and legal obstacles to recall. Bessent believes that firing Powell is unnecessary because the economy is performing well, the market is responding positively to the president's policies, and Federal Reserve officials have signaled that they may make two interest rate cuts before the end of the year. If Powell is fired before the end of his term, he may file a lawsuit, which could drag on until next spring, when Powell's term also comes to an end. Bessen also pointed out that the term of Director Kugler will end in January next year, and Powell's term will end in May, which will leave one or two vacancies for Trump to fill at the beginning of next year. Besent's cautious attitude contrasts with some other government officials who are considering adopting more aggressive strategies. Trump told reporters on Tuesday that he found Benson 'reassuring'.