ETH falls below the $3600 mark

According to a report by Golden Finance, Fed official and Powell ally Williams said, "The labor market conditions I have observed over the past year can be described as a 'mild and gradual cooling', but overall they are still in a stable state." Although the unemployment rate only rose slightly to 4.2% in July (4.1% in June), the relatively weak non farm payroll data provided room for Powell to push for a consensus on interest rate cuts. Williams pointed out that the real focus of this report is the significant downward revision of employment growth data for May and June. He said, "These pieces of information are crucial in helping us understand the direction of labor supply and demand, as well as the cooling trend of labor market momentum." Regarding the possibility of a rate cut in September, Williams was cautious and did not endorse the market's expectation of a rate cut of up to 80% at one point. He said, "The challenges faced by market participants are the same as those we face as policy makers. I think the direction of the market's response to signals is understandable." Williams predicts that the US economic growth rate will slow down to about 1% this year, but he believes that the economy is expected to rebound in 2026. (Golden Ten)

According to BlockBeats, on August 2nd, according to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, the new address 0xdf0... e2EF3 has accumulated 79461.38 ETH (approximately $299 million) in the past three days, with a current floating loss of $22.056 million. When the address fell early this morning, it once again received 16495.15 ETH (approximately $58.5 million) from Galaxy Digital, reducing its overall ETH average position to $3763.53.

According to a report by Golden Finance, Securitize, the issuer of tokenized assets, announced on the X platform that the BlackRock BUIDL fund has paid over $62.5 million in dividends so far, with a dividend payout scale of $9.3 million in July. It is currently available on seven blockchains including Aptos, Arbitrarum, Avax, Ethereum, Optimism, Polygon, and Solana, with an average daily dividend payout of $157170 on the Aptos chain.

According to BlockBeats news, on August 2nd, according to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, "Big Brother Ma Ji" Huang Licheng made a small increase in positions (long orders) in ETH, HYPE, and PUMP during the rapid decline of the market from 0:00 to 4:00 am today. After a short-term rebound at 5:00 am, he fell again and chose to cut back; At present, there are still positions with a total value of 149 million US dollars, of which ETH has almost balanced the floating loss of PUMP, exceeding 6 million US dollars, and the overall floating loss has expanded to 18.5 million US dollars.

Foresight News According to the news, the Supreme People's Procuratorate has released the "Announcement on the Establishment of Research Projects for the Application Theory of Procuratorial Applications of the Supreme People's Procuratorate in 2025". There are 234 research projects for the application theory of procuratorial applications of the Supreme People's Procuratorate in 2025, including 10 research projects related to virtual currencies, including: "Research on the Disposal Path of Virtual Currency in Criminal Cases", "Research on the Regulation and Judicial Disposal of Virtual Currency Crimes", "Research on Criminal Legal Risks and Response Strategies under the Rapid Development of Virtual Currency", "Research on the Legal Attributes and Judicial Disposal Path of Virtual Currency", "Research on Practical Issues of Criminal Judicial Disposal of Virtual Currency Cases", "Research on Evidence Review of Virtual Currency Cases", "Research on the Criminal Law Application of Virtual Currency Crimes", "Research on Improving the Mechanism of Virtual Currency Disposal and Procuratorial Supervision" Difficulties and System Improvement in Criminal Law Regulation of Virtual Currency Crimes "and" Research on Legal Application Issues of Virtual Currency ".