Tom Lee, chairman of the Ethereum treasury company, stated that despite the market rebound, investors still do not believe in the authenticity of the market trends; however, this has actually promoted the pump of encryption assets. He believes that the current market rebound is underestimated and predicts that the Fed's interest rate cuts could push Bitcoin to $250,000. At the same time, Lee pointed out that the legal clarity and technical stability of Ethereum will drive its application in TradFi.

Odaily News Fundamental Global, a Nasdaq-listed company, announced that after completing the final agreement for a private sale financing of $200 million, it will change its name to FG Nexus to better support its launched Ethereum financial strategy, focusing on the blockchain innovation and the tokenization market for real-world assets (RWA). In addition, the company has established a trust fund, FG CVR Trust, in Delaware for monetizing and distributing the proceeds from the liquidation of legacy assets and businesses. (Globenewswire)

Gate News bot message, Gate market shows that after the launch of Alpha, COMET has risen 3305.92%, current price is 0.00277 USDT.

Fujifilm Japan has raised the prices of some products in the United States due to tariff increases, with price hikes effective from August 1, reaching up to 15%. The prices of digital cameras and lenses have generally risen, with some models increasing by 100 to 800 dollars.

Golden Finance reports that Hong Kong-listed company MemeStrategy has announced a strategic partnership with Helio, a company under the stablecoin and Crypto Assets platform MoonPay, to support the issuance platform and Token trading system Moonit. In addition, the company also announced that it will actively explore the development of stablecoins and hopes to discuss synergistic cooperation opportunities with institutions applying for licenses.

PANews August 2 news, Trump’s second son Eric Trump reposted his tweet from the market's low point on February 25 on the X platform, stating: "Once again, Buy the Dips on BTC and ETH."

Odaily News According to on-chain analyst Ali (@alicharts), the number of daily active Addresses on Ethereum (ETH) has increased to 841,100, setting a new record in the past year.

Jin10 data reported on August 2, Hong Kong has detected the first imported case of Chikungunya fever, the patient is a 12-year-old boy.

Jin10 reported on August 2 that according to The New York Times, U.S. President Trump previously stated that he would punish India if it did not cut off oil imports from Russia, but did not specify what the possible punitive measures might be. Indian officials said on Saturday that despite Trump's threats of punishment, they would continue to purchase cheap oil from Russia. The New Delhi side originally believed that this issue had been resolved, but new complications have emerged. Two senior Indian officials stated, "There has been no change in policy." One official said the government "has not issued any instructions to oil companies" to reduce imports from Russia.

Trader Eugene Ng Ah Sio stated that he is bullish on ETH again, believing that there is substantial buying in the current market. Although the hype around DAT technology has declined, one should not rush to be bearish. A reasonable position to build is at $113,000 for BTC and $3,500 for ETH, with stop loss levels set at $112,000 and $3,400 respectively.

Jin10 reported on August 2 that Kunlun Wanwei officially launched and open-sourced the inference large model Skywork MindLink. It is said that this inference paradigm can adaptively integrate reasoning and non-reasoning generative responses based on task difficulty, greatly reducing inference costs and enhancing the readability and effectiveness of the reasoning process.

On August 2, CryptoQuant analyst Axel pointed out that since July 31, traders have been actively closing long positions, leading to a wave of dumping in the futures market. When the price fell to $112,000, the net taker volume dropped to -$175 million, indicating strong short positions. Although the market has partially stabilized, it still leans towards bearish, with open contracts increasing to $3.04 billion.

According to Jinse Finance, the AI-driven encryption trading platform Kuvi.ai has announced the completion of a $700,000 seed round financing, led by Moon Pursuit Capital, with participation from Transform Ventures investor Michael Terpin and Web3 investor Dennis Liu, achieving a valuation of $30 million. The company aims to use the new funds to support its message input-based trading platform, simplifying the encryption trading interface in a conversational manner.

Odaily News Since its successful launch on July 29 at the "Web 3 Leadership Summit" in Hong Kong, the SocialGameFi 4.0 project RuneSoul's game application token RUC has reached a maximum rise of 106 times, while the governance token RG is currently stabilized at a high of 30 times. Officials stated that the well-known gaming guild IGC (IGC Global P 2 E Guild) has provided strong endorsement for RuneSoul's value through its past successful incubation of several blockchain games.

Jinse Finance reports that the privacy wallet infrastructure platform Privy has announced that Base sub-accounts can now be used through its embedded Wallet, allowing users to create application-specific Wallets under their Base account without needing to enter a password for each signature. Each application has a separate transaction history, optional spending permissions, and can use funds from the master Wallet.

Gate News bot message, Gate market shows that after the launch of Alpha, COMET has risen 3000.52%, current price 0.002522 USDT.

Jin10 data reported on August 2, the First Deputy Representative of Russia to the United Nations, Polyansky, stated at the Security Council meeting that United Nations staff are unwilling to take seriously the incidents of the Ukrainian army attacking Russian civilian facilities, which undermines the authority of the United Nations. He said: "In this case, the relevant staff of the UN Secretariat are behaving very hypocritically, choosing to pretend ignorance in such incidents and evading responsibility by claiming that they cannot verify the authenticity of Ukrainian criminal information. All of this clearly undermines the authority of our global organization."

ChainCatcher news, Arthur Hayes tweeted that under the backdrop of the impending U.S. tariff legislation in the third quarter and the slowdown in credit growth of major economies, Bitcoin price is testing the 100,000 USD mark, while Ethereum is testing the 3,000 USD support level.

The cryptocurrency exchange Hotcoin announced an upgrade to its brand visual system, introducing a secure professional design, second-level candlestick features, and a Web3 wallet module, continuing to serve global users while maintaining a record of zero security incidents. The company also launched a futures trading campaign with a prize pool of 200,000 USDT and strengthened its international compliance layout.

Gate News bot message, Gate market shows BTC breakthrough 114000 USDT, current price 114007.7 USDT.

BlockBeats news, on August 2nd, according to monitoring by Farside Investors, the net outflow of Bitcoin spot ETF in the United States yesterday was $812.3 million, setting a record for the second highest single-day net outflow in history, and marking the highest net outflow in a single day in nearly 5 months. In addition, the net outflow of Ethereum spot ETF in the United States yesterday was $152.3 million, setting a record for the third highest net outflow in history.

According to a report by Golden Finance, the trading information from the NFT aggregation market OpenSea shows that the "Bored Ape" NFT series Ape7940 has been sold for 666 WETH, worth approximately $2,349,861.17. Yuga Labs co-founder Garga.eth confirmed this message on the X platform.

According to ChainCatcher news and reported by Globenewswire, Nasdaq-listed company Fundamental Global announced the establishment of the FG CVR Trust after reaching a final agreement on $200 million private sale financing. It is reported that the trust fund is registered in Delaware and aims to monetize and distribute various legacy assets and the proceeds from business liquidations.

Odaily News Opensea page shows that 20 minutes ago, BAYC 7940 was sold for 666 ETH (worth 2.35 million USD).

Gate News bot message, A significant cryptocurrency movement has been detected as whale wallet address KMhcqN transferred 108,016 SOL tokens, valued at approximately $17.74 million, to centralized exchanges within an 8-hour period.

River Mart is a new task of the River protocol, where users can mint NFTs on designated chains and unlock mysterious NFTs, earning 24 million River Pts. The protocol supports cross-chain collateral asset minting of stablecoins, achieving over 400 million USD in TVL and 100 million in Circulating Supply, covering multiple chains and various use cases.

The White House is in talks with Cornell University to reach a settlement of up to $100 million to restore frozen federal research funds. The agreement may be announced next week, and discussions are still ongoing about whether to establish a supervisor. If reached, Cornell will become the Ivy League school reconciled with the Trump administration.

Gate News bot message, a new transaction shows that wallet address 0xdf0A received 16,495 ETH (approximately $58.5 million) from the Galaxy Digital OTC wallet. According to on-chain data, since July 9, twelve new wallets have accumulated a total of 808,347 ETH, with a combined value of $2.85 billio

Gate Group announced the launch of the Gate US trading platform, providing encryption asset spot trading services for users in 23 states in the United States, supporting crypto-to-crypto trading. In the future, it will introduce fiat channels and other features, aiming to promote global market expansion and Compliance operations.

ChainCatcher news, Jin10 reported that U.S. President Trump stated in an interview with U.S. media that he "hopes to release all documents related to the Epstein case." Trump said he wants to make all information public, but does not want anyone to be harmed or implicated as a result. Trump also stated that if those who have the documents truly possess any information related to him, it should have been disclosed before the presidential election.

The Whale "The White Whale" revealed that after the big dump in the market, it held about 5 million stablecoins in CEX, but the withdrawal was not processed, leading to the abandonment of some SOL long positions to preserve other accounts, ultimately missing the get on board opportunity and losing nearly 20 million dollars in profit.

According to a report by Golden Finance and The Information, Anthropic cut off OpenAI's access to Claude via API on Friday. An Anthropic spokesperson stated that this move was due to OpenAI using our coding tools prior to the release of GPT-5, violating Anthropic's terms of service. These terms prohibit the use of Anthropic's AI technology to develop competitive AI models.

Gate News bot message, Former BitMEX CEO Arthur Hayes (@CryptoHayes) executed significant cryptocurrency sales in a 6-hour period. The transactions included 2,373 ETH valued at $8.32 million, 7.76 million ENA worth $4.62 million, and 38.86 billion PEPE tokens amounting to $414,700.

Jinse Finance reported that the tokenized asset issuer Securitize announced on platform X that the BlackRock BUIDL fund has paid over $62.5 million in dividends to date, with the dividend payout in July reaching $9.3 million. It is currently available on seven blockchains: Aptos, Arbitrum, Avax, Ethereum, Optimism, Polygon, and Solana, among which the average daily dividend distribution on the Aptos blockchain has reached $157,170.

Gate News bot message, Gate market shows that after the launch of Alpha, COMET has risen 2970.38%, current price 0.002546 USDT.

Gate News bot message, Gaming company SharpLink (@SharpLinkGaming) has expanded its Ethereum holdings through a new acquisition of 14,933 ETH, valued at $52.56M, using 108.57M USDC. The transaction was completed within a 9-hour period. Following this purchase, SharpLink's total Ethereum holdings hav

Gate News bot message, Smart Trader "0xcb9" has expanded their Ethereum short position by adding 20,000 ETH to their existing position. The trader's total short position now stands at 40,000 ETH, with a current value of $140 million. The position is currently showing a floating profit of $7.5 milli

PANews August 2 news, according to @ai9684xtpa monitoring, Brother Ma Ji Huang Licheng first increased the position and then cut loss in the early morning, with the remaining position's unrealized losses expanding to 18.5 million dollars. During the rapid fall of the market from 12 AM to 4 AM, he made a round of slight increase in the position for ETH / HYPE / PUMP, and after a brief rebound at 5 AM, he chose to cut loss again during the next dip; currently, there is still a total position worth 149 million dollars, among which ETH has almost leveled with the unrealized losses of PUMP, exceeding 6 million dollars.

According to on-chain data analyst Yu Jin's monitoring, an investor named "Four Wars $ETH 75% Win Rate Whale" shorted 20,000 ETH again at $3,535 three hours ago, currently having unrealized gains of $7.5 million, with a total short position of 40,000 ETH, and a total position value of $140 million.

Gate News bot message, Gate market shows, ETH breaks 3500 USDT, current price 3501.3 USDT.

According to ChainCatcher news reported by PRNewswire, Bitcoin ATM operator Localcoin has announced an expansion of its Crypto Assets accessibility, now supporting Solana (SOL), allowing users to purchase directly with cash, but users must prepare a Wallet compatible with Solana.

Web 3 AI development platform Infinity Ground has announced that its intelligent development environment Agentic IDE officially launches GitHub integration features, supporting one-click backup of Web 3 App front-end code to GitHub and the ability to import existing code repositories, enhancing development efficiency.

According to ChainCatcher news and Jin10 data reports, Trump stated in an interview with Newsmax that he "would not hesitate to fire Fed Chairman Powell," but also noted that "firing Powell would disrupt the market"; he criticized that "the Fed's interest rate is too high," and mentioned that Powell "is very likely" to continue serving in the chairman position.

Gate News bot message, Gate market shows that after the launch of Alpha, COMET has risen by 1557.27%, current price is 0.001347 USDT.

Golden Finance reported that two sources said that thousands of applications for licenses from U.S. companies to export goods and technology globally are on hold due to turmoil in the agency responsible for approving these applications, which has nearly ground to a halt.

Gate News bot message, Gate market shows BTC falls below 113000 USDT, current price 112981.4 USDT.

Gate News bot message, Gate market shows, ETH falls below 3450 USDT, current price 3449.45 USDT.

Gate News bot message, Gate market shows that ETH falls below 3500 USDT, current price 3498.95 USDT.

Golden Finance reports, U.S. President Trump: (When talking about the resignation of Federal Reserve Board of Governors member Quigley) I know she disagrees with Powell's views, and I understand that. I am glad there is a vacancy on the Federal Reserve Board of Governors.

Gate News bot message, Gate market shows, ETH breaks 3550 USDT, current price 3550.15 USDT.

Gate News bot message, Gate market shows that ETH falls below 3500 USDT, current price 3499.61 USDT.

Gate News bot message, Gate market shows that since the launch of Alpha, COMET has risen 1231.09%, current price 0.001022 USDT.

Federal Reserve Board of Governors member Kugar will resign on August 8, giving Trump the opportunity to appoint a new member. This change may affect the leadership of the Fed, as Kugar did not attend recent policy meetings and will return to teach at Georgetown University in the future.

On August 2, Jin10 reported that on August 1 local time, U.S. Special Envoy for Middle East issues, Wietkoff, and U.S. Ambassador to Israel, Mike Huckabee, visited a humanitarian aid distribution point located in the southern Gaza Strip. This distribution point is operated by the "Gaza Humanitarian Foundation," supported by the U.S. and Israel. Since late May, this private organization has unilaterally taken over the distribution of aid supplies in the Gaza Strip, bypassing UN agencies, while the Israeli military has frequently opened fire on Palestinian civilians near the aid point.

The US dollar index fell by 0.83% on August 1, closing at 99.139. The euro and pound rose against the US dollar, while the US dollar fell against the Japanese yen, Swiss franc, Canadian dollar, and Swedish krona.

Gate News bot message, LineaBuild has officially announced its tokenomics details, with the project revealing a total supply of 72 billion LINEA tokens. According to the announcement, the initial circulating supply at Token Generation Event (TGE) is set at 15.8 billion LINEA, representing approximat

Gate News bot message, Gate market shows that BTC has fallen below 114000 USDT, current price 113995.7 USDT.

Gate News bot message, Gate market shows ETH falls below 3550 USDT, current price 3549.81 USDT.

Golden Finance reported that the yield on the U.S. two-year Treasury bond fell 25 basis points to 3.71%.

Jin10 data reported on August 2, local time on August 1, the Israeli military stated that on that day, aircraft from six countries, including Jordan, Egypt, the UAE, Spain, Germany, and France, airdropped 126 packages of humanitarian aid materials to the Gaza Strip with the assistance of the Israeli military. The Israeli military stated that this is the largest airdrop operation since last week when Israel allowed the resumption of increased aid to the Gaza Strip.

OP Labs announced the official release of kona-node, the first modular high-performance Rollup Node built with Rust. This Node complies with OP Stack specifications, offering advantages such as memory safety and low resource consumption, with only about 8000 lines of code, providing a new option for Ethereum Layer 2 solution developers.

Jin10 reported on August 2 that, according to the official emergency rescue organization "Rescue 1122" in Pakistan, a train derailed near Muridke City in Punjab Province, Pakistan, with rescue personnel stating that at least 25 people were injured. The cause of the accident has not yet been confirmed.