Instantly skyrocketing LDO trading volume surges 6 times

Major milestone: BGB becomes the core token of Morph public chain! Bitget announced that it will transfer all 440M BGB it controls to the Morph Foundation, destroy 220M at once, and unlock 2% of the remaining 220M per month for ecological incentives and education Morph Public Chain officially confirms BGB as Gas and governance token, with the total supply compressed to 100M in the future, opening up a highly deflationary mode After the news was released, the BGB price surged 11-14% in the short term, and the daily trading volume surged by more than 300%. The market reaction was strong, and this was the golden opportunity for the trading competition to rush to the top! Our Bitget x AiCoin trading competition has entered its second week. Enter now, with higher participation! ● Reward pool of up to 25000 USDT+30 days VIP privileges Users who register for an account through the AiCoin referral link or use the AiCoin API for trading can participate if their transaction amount is ≥ 100 USDT The top 20 on the leaderboard will receive rewards, including AiCoin Pro VIP duration and peripheral gifts. BGB hotspots have entered the public eye. As a platform coin of Bitget, participating in competitions can also enjoy the benefits of hotspot linkage: on the one hand, it can take advantage of the momentum to enter, and on the other hand, it can also use the rising sentiment to guide more trading opportunities. The current moment is when trading is active and hot topics are focused, making the trading competition your "wave of opportunity"! Registration link: https://jump.do/zh-Hans/xlink-proxy?id=6 Registration for the competition: https://www.niftah.cn/zh-CN/events/competitionNew/272a47f64b1a50acbad97bac3e148307?vipCode=hktb3191

[CITIC Securities Predicts Year-End Gold Price May Exceed $3,730] CITIC Securities' research report points out that due to factors such as tariffs, U.S. fiscal policies, geopolitical tensions, and central bank gold purchases, gold prices have been fluctuating recently but may see an upward trend in the future. The report predicts that the Federal Reserve may cut interest rates earlier than expected, geopolitical risks are unlikely to ease in the short term, and the global trend of central bank gold purchases remains stable. Under a neutral assumption, the year-end gold price is expected to surpass $3,730 per ounce.

[BitMEX Spent Significant Lobbying Funds in the U.S. Before Receiving Pardon] According to a report by Golden Finance, in March of this year, BitMEX founders Arthur Hayes, Samuel Reed, and Ben Delo, along with BitMEX as a corporate entity for the first time in history, received a pardon from U.S. President Donald Trump. Few can deny that during Trump's administration, involvement in cryptocurrency seemed to benefit offenders—Howard Lutnick referred to Trump as the 'crypto president,' and some individuals engaged in 'pump-and-dump' schemes and fraud were even invited to dine at the White House. However, for BitMEX and its founders, perhaps more significant was the money they spent on lobbying over two consecutive years. According to OpenSecrets data, HDR Global Trading (BitMEX's corporate name) paid nearly $800,000 to lobbying and consulting firm Edelman between 2019 and 2021. Documents show that from August 2019 to March 2021, Edelman received over $50,000 per month in compensation, with its consulting work covering areas ranging from proper implementation of 'Know Your Customer' (KYC) measures to routine crisis management.

1. Federal Reserve Kashkari: Economy may cool moderately, with room for interest rate cuts 2. Grayscale launches Ethereum backed call options ETF 3. US job vacancies fall to 10 month low in July, labor market sluggish 4. Trump warns court ruling could severely damage US economy 5. SUI Group increases its holdings by 20 million SUIs, with a total position of over 100 million SUIs 6. Pakistan's central bank withdraws warning on cryptocurrency trading 7. European Central Bank President Lagarde calls for strengthened regulation of stablecoins 8. OKX launches OKBUSDT perpetual contract, supporting up to 20 times leverage The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/483857

The current 2-hour cycle shows that the exclusive chip distribution indicator for members reveals a strong resistance at 4474, indicating a weakening of buying power. At the same time, the K-line showed a bearish swallowing pattern, coupled with the KDJ death cross, further verifying downward pressure. Although the price is above the EMA24/52 moving average, there is insufficient short-term action and caution should be exercised against the risk of a pullback to the 4390 support level. The continuous decline in trading volume and the market activity dropping to freezing point indicate a lack of confidence in the current rebound. If the price cannot stabilize at 4462, it is highly likely to seek support from 4390. Activate membership now to unlock precise chip distribution and trading point tips! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.