Today's news tips:

1. Next week's macroeconomic outlook: Don't be too crazy about rate cuts, and don't be too panic about PCE

2. Suspected WLFI Wallet team members deny the proposal that Aave will acquire 7% of the total WLFI tokens

3. Aave founder Stani.eth responded again: The proposal created by the WLFI team has been voted and passed in Aave DAO

4. Stargate DAO has approved LayerZero’s acquisition of Stargate (STG)

5. The top 10 WLFI public offering participants hold 4.63% of the total, and TGE unlocks 20% worth $264 million.

6. Binance Alpha will list Alttown (TOWN) on August 26th

7. Bitmine increased its holdings by approximately $45 million in ETH, bringing its total holdings to approximately $7 billion.

8. South Korea’s five largest exchanges have over 10,000 investors holding assets exceeding 1 billion won, or approximately $1.59 million per person.

Macro

ECB: No final decision has been made on running digital euros on public chains such as Ethereum

According to Cailianshe, in response to previous news that European officials are now considering running a digital euro on public blockchains such as Ethereum or Solana, rather than the private blockchain previously expected to be adopted due to privacy considerations, the European Central Bank responded that since the passage of the US stablecoin bill, EU officials have been reconsidering the digital euro plan, and are considering different technologies in developing the digital euro - including centralization and decentralization, as well as distributed ledger technology. No final decision has been made on the matter yet.

Next week's macroeconomic outlook: Don't be too crazy about rate cuts, don't be too panic about PCE

For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve was finally ready to start cutting interest rates again. All they were waiting for was a green light from Fed Chairman Jerome Powell to maintain the rally. They got their wish on Friday, when Powell struck a dovish tone in a highly anticipated speech, sparking the biggest cross-market rally since April. Cryptocurrency markets were abuzz, with Ethereum prices hitting a nearly four-year high. Gold rose 1%. Here's what markets will be watching in the new week:

At 03:15 on Tuesday, Logan, the 2026 FOMC voting member and President of the Dallas Fed, delivered a speech and participated in a panel discussion at the 100th anniversary conference of the Banco de Mexico.

At 7:15 a.m. on Tuesday, FOMC permanent voting member and New York Fed President John Williams delivered a keynote speech at the Banco de Mexico 100th Anniversary Conference.

Tuesday at 22:00, the U.S. Conference Board Consumer Confidence Index for August and the U.S. Richmond Fed Manufacturing Index for August;

At 00:45 on Thursday, Barkin, a 2027 FOMC voting member and president of the Richmond Fed, delivered a speech;

At 20:30 on Thursday, the revised annualized quarterly rate of real GDP in the second quarter of the United States will be released;

At 06:00 on Friday, Federal Reserve Board Governor Waller will deliver a speech on monetary policy;

At 20:30 on Friday, the annual rate of the U.S. core PCE price index in July, the monthly rate of personal spending in July, and the monthly rate of the U.S. core PCE price index in July will be released.

Looking ahead to the US dollar index, downward pressure on the greenback is expected to persist as labor market data becomes a primary focus for the Federal Reserve and market participants almost fully anticipate a rate cut next month. Unless future employment reports significantly alter the outlook, the US dollar index is expected to remain under pressure, particularly against currencies supported by more hawkish central banks. While a rate cut may be imminent for investors, the path forward for subsequent easing is far from straightforward, and uncertainty surrounding the policy outlook is becoming a new focal point.

Viewpoint

Cathay Pacific Haitong: The Federal Reserve may start cutting interest rates in September, and it is expected to cut interest rates up to twice this year

According to Zhitong Finance, Cathay Haitong Securities released a research report stating that Powell's speech at the 2025 Jackson Hole Global Central Bank Annual Meeting clearly signaled a dovish turn. He argued that downward risks to employment outweigh upward risks to inflation, potentially providing forward-looking guidance for a new round of precautionary rate cuts. The revision of the US monetary policy framework also points to a more adaptable and flexible monetary policy. The Federal Reserve may begin cutting interest rates in September, but given its precautionary tone and the impact of inflation, the pace will be modest, with a maximum of two cuts expected this year.

Santiment: The surge in Fed interest rate discussions could pose a danger to the crypto market

Santiment said in a report on Saturday that a surge in social media discussion surrounding the Federal Reserve's highly anticipated September interest rate decision could be a warning sign for cryptocurrencies. "Historically, a surge in discussion around a single bullish narrative can indicate excessive market optimism and could signal a localized top." Santiment said that mentions of keywords related to the Federal Reserve and rate cuts on social media have jumped to an 11-month high.

Project News

Hyperliquid Launches WLFI-USD Pre-Issuance Contract

Hyperliquid announced on the X platform that it has launched the WLFI-USD pre-release contract, supporting 3x leverage for long or short positions on the yet-to-be-released WLFI token.

Binance Alpha now lists DORA. Users holding at least 200 Alpha points can claim an airdrop of 140 DORA tokens.

Important data

XRP's market capitalization exceeds $180 billion, surpassing Pinduoduo

The market shows that XRP has broken through $3, reaching $3.05, with a 24-hour increase of 6.41%. According to the latest data from 8 MarketCap, its market value has exceeded $180 billion, reaching $181.41 billion, surpassing Pinduoduo and Deutsche Telekom, ranking 107th in the global asset market value ranking. Pinduoduo's current market value is $184.05 billion.

BlackRock's Ethereum ETF's market value exceeds $15 billion

According to BlackRock's official data, its Ethereum exchange-traded fund, the iShares Ethereum Trust ETF (ETHA), holds 3,541,277.77120 ETH, with a market value exceeding $15 billion, reaching $15,072,067,734.78 as of August 21. Historical data shows that the market value of BlackRock's Ethereum ETF's holdings exceeded $10 billion on July 23 of this year, representing a roughly 50% increase over the past month.

5 new wallets bought 19,332 ETH worth about $92 million in the past two days

According to Lookonchain monitoring, 5 newly created wallets have accumulated 19,332 ETH (US$92 million) in the past 2 days.

This week, NFT transaction volume decreased by 25.78% month-on-month to US$134 million, while the number of buyers and sellers increased by more than 25%.

CryptoSlam data shows that NFT market transaction volume fell 25.78% to $134 million this week. The number of NFT buyers increased by 25.74% to 450,096, while the number of sellers increased by 25.91% to 321,107. The number of NFT transactions increased by 6.26% to 1,652,284.

Ethereum network transaction volume reached $60.7 million, down 41.63% from the previous week. BNB Chain network transaction volume reached $20.6 million, up 10.63%. Polygon network transaction volume reached $16.1 million, up 37.86%. Mythos Chain network transaction volume reached $9.7 million, up 3.17%. Solana network transaction volume reached $7.5 million, down 13.63%.

This week's high-value sales include:

• CryptoPunks #1082 sold for 80 ETH ($350,969 USD)
• CryptoPunks #2596 sold for 72.99 ETH ($315,628 USD)
• CryptoPunks #5477 sold for 66 ETH ($285,187)
• CryptoPunks #3704 sold for 63 ETH ($271,922)
• CryptoPunks #8864 sold for 56.5 ETH ($269,994)

A user lost $1.54 million by signing an EIP-7702 phishing batch transaction

According to Scam Sniffer, a user lost approximately $1.54 million by signing EIP-7702 phishing batch transactions. The EIP-7702 phishing batch transactions signed by the victim contained multiple token transfers and NFT approval operations.

The top 10 WLFI public offering participants hold 4.63% of the total, and TGE unlocks 20% worth $264 million.

According to on-chain analyst @ai_9684xtpa, the top 10 $WLFI holders are as follows (only for public offering participants, strategic rounds/advisors/partners are not included):

• The top 10 addresses have invested a total of $73.08 million and hold 4.63% of the total tokens, totaling 4.64 billion tokens.
• 100% of the addresses participated in the first public offering round, and one of them also invested in the second round;
• The top holding address, moonmanifest.eth, holds over 1 billion tokens, the largest by a large margin.
• Based on the current contract price of $0.2843, the 20% tokens unlocked by TGE are worth $264 million.

South Korea's five major exchanges have over 10,000 investors holding assets exceeding 1 billion won, or approximately $1.59 million per person.

According to Yonhap News Agency, as of August 5th, 10,810 investors held over 1 billion won (approximately $710,000) in virtual assets on South Korea's five major won-trading exchanges, with an average holding of 2.229 billion won (approximately $1.59 million). This figure is 200 times higher than the average holding of 10,866,371 users on the five major exchanges (10.27 million won). Of those holding over 1 billion won in virtual assets, 76% (8,242) were Upbit users. Across all age groups, the highest number of virtual asset holders exceeding 1 billion won was in their 50s (3,994), followed by those in their 40s (3,086), those over 60 (2,426), and those in their 30s (1,167). Although the number of people in their 20s is only 137, which is less than that of other age groups, the average holding amount per person is as high as 2.68871 billion won, which is significantly higher than that of other age groups.

Data: USDe supply reaches $12 billion, a record high

Ethena Labs tweeted that the total supply of USDe has reached $12 billion, a record high.

According to previous news , USDe’s market value exceeded 10 billion US dollars, which took about 500 days.

Institutional holdings

ETHZilla plans to raise $10 billion through a rights offering to support continued ETH purchases

Strategic ETH Reserve posted on the X platform that ETHZilla (formerly 180 Life Sciences Corp.), a Nasdaq-listed Ethereum treasury company, has disclosed that it has amended its previously executed securities sales agreement regarding the issuance of common stock in the prospectus supplement and accompanying prospectus. Pursuant to the terms of the amended sales agreement, the company will be able to raise up to $10,000,000.000 through the issuance and sale of shares of common stock to support its continued purchase of ETH.

British blockchain technology company Vault Ventures' Ethereum holdings increased to 771 ETH

Vault Ventures, a UK-listed blockchain technology company, announced it has added Ethereum to its treasury, increasing its holdings to 771 ETH, according to Strategic ETH Reserve. Vault Ventures is reportedly the first publicly listed UK Ethereum treasury. In June of this year, the company invested £750,000 (approximately $1.028 million) in 403,373 ETH and £150,000 (approximately $205,000) in 185,606 Bitcoin.

Bitmine increased its holdings by approximately $45 million in ETH, bringing its total holdings to approximately $7 billion.

According to Arkham monitoring, Ethereum treasury company Bitmine increased its holdings by 9,613 ETH, worth approximately $45 million, and currently holds a total of approximately $7 billion in ETH.