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Ethereum pump reached 3800 USD, 24-hour rise of 4.66%

On August 7, according to CEX market data, Ethereum pump reached 3800 USD, with a 24-hour rise of 4.66%.
ETH4.17%
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Bloomberg: Trump will sign an executive order allowing Crypto Assets to be included in 401(k) pension plans.

On August 7, according to Bloomberg, Trump will sign an executive order on Thursday aimed at allowing private sales, real estate, Crypto Assets, and other alternative assets to be included in the 401(k) pension plan.
TRUMP2.17%
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U.S. national debt will soar to $37.2 trillion

U.S. national debt is expected to soar to $37.2 trillion, setting a new historical high. The current total debt has reached $36.21 trillion, accounting for 123% of GDP, with public-held debt exceeding $28 trillion, and short-term and medium- to long-term national debts accounting for 21.29% and 51.22%, respectively.
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Ethereum's intraday rise has expanded to 4%, currently priced at 3770 USD.

On August 7, according to CEX market data, the daily rise of Ethereum has expanded to 4%, currently quoted at 3770 USD.
ETH4.17%
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The first RWA industry White Paper in Hong Kong is released: Everything can be RWA is a false proposition.

The "RWA Industry Development Research Report·Industry Edition 2025" points out that not all assets are suitable for tokenization, emphasizing that "everything can be RWA" is a fallacy. Successfully implemented assets must meet three major standards: value stability, legal equity confirmation, and off-chain data verification.
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RWA9.86%
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Dubai and the UAE coordinate encryption framework under the new partnership.

[Dubai and UAE Coordinate Crypto Framework Under New Partnership] The United Arab Emirates (UAE) has taken an important step in coordinating its regulatory approach to Crypto Assets. The UAE Securities and Commodities Authority (SCA) and the Dubai Virtual Asset Regulatory Authority (VARA) have announced the establishment of a strategic partnership to unify the regulatory approach to Crypto Assets in the UAE. The parties will achieve mutual recognition of Virtual Asset Service Provider (VASP) licenses, but this does not equate to automatic passage, as compliance reviews, including Anti-Money Laundering (AML/CFT), must still be fulfilled. The new mechanism includes unified sign up, real-time data sharing, joint regulation, and a legislative review committee, aimed at streamlining the approval process and enhancing the UAE's competitiveness in the global crypto regulatory landscape.
SCA1.75%
VARA-4.04%
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U.S. stocks ETH strategy stocks are generally rising before the market opens, BMNR and BTCS rose over 5%.

On August 7, U.S. stocks in the Crypto Assets sector generally rose before the market opened, with CEX up 0.83%, Circle up 1.46%, Bitmine up 5.21%, BTCS up 5.48%, and some individual stocks like Strategy slightly falling by 0.21%.
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ETH4.17%
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Ethena Labs: Liquid Leverage has attracted over $1.5 billion in funds since its launch last week.

Ethena Labs announced that it has attracted over $1.5 billion in capital inflows since the launch of its Liquid Leverage product. Aave has increased the deposit limits for sUSDe and USDe and is expected to announce the USDe September limit adjustment plan within 36 hours to better enable users to utilize this feature.
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ENA10.22%
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Hong Kong listed company DL Holdings plans to raise approximately $83 million to布局 Blockchain business.

DL Holdings, a financial services group listed in Hong Kong, announced plans to raise HKD 653.3 million through a rights issue, causing its stock price to fall by more than 8%. The shares offered in this placement account for 13.58% of the company's issued share capital, and the proportion will drop to approximately 11.96% after the new share issuance.
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SOL Strategies released the July report: a total holding of 428,000 SOL.

On August 7, SOL-based MicroStrategy company SOL Strategies officially released its July funding and validator node operation update report. The data shows that as of July 31: SOL Holdings: 396,717 SOL (approximately 91.4 million CAD) JitoSOL stake open interest: 26,440 (approximately 7.4 million CAD) Total SOL Holdings: 428,995 SOL (approximately 98.8 million CAD) Total delegated SOL: 3,551,797 SOL Number of independent Wallets serviced: 5,537 Continuous operation record of validator nodes: Laine Node maintains a 100% online rate, operating stably for over 500
SOL4.23%
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RWA sign up platform officially launched in Hong Kong

[RWA Sign Up Registration Platform Officially Launched in Hong Kong] The RWA sign up registration platform was officially launched in Hong Kong today, initiated by the Hong Kong Web3.0 Standardization Association, which will streamline the entire service system of RWA asset tokenization, including dataization, assetization, and financialization. On the same day, three Web3.0 standards were established, including "RWA Tokenization Business Guidelines," "RWA Tokenization Technical Specifications," and "Blockchain-based Stablecoin Cross-border Payment Technical Specifications." (21 Finance)
RWA9.86%
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Glassnode: The market needs to rebound in the short term to reassure new investors, and contract data indicates that speculative enthusiasm has cooled.

On August 7, the on-chain data analysis agency Glassnode released the latest on-chain weekly report, with the theme "Bitcoin Market Enters Liquidity Vacuum Zone: The Game of Key Support and Demand Recovery." Glassnode cited data in the report stating that after reaching a historic high of $123,000 in mid-July, Bitcoin entered a consolidation phase, and the current price has fallen below the supply dense area with a baseline of $116,000. On July 31, the price further broke below the lower edge of this range, sliding into a liquidity-thin "vacuum zone," which extends downward to $110,000. Despite the occurrence of Buy the Dips behavior, the market has not yet recovered the key resistance level. The profit ratio of short-term holders has decreased from 100% to 70%. If demand does not rebound quickly, new investors' confidence may weaken, triggering more sell pressure. Meanwhile,
BTC1.18%
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Spot gold breaks through $3390/oz, rising 0.63% during the day.

[Spot gold breaks through 3390 USD/ounce, intraday rise 0.63%] Spot gold breaks through 3390 USD/ounce, intraday rise 0.63%.
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TST experienced a flash crash and fell 70% this morning, with a big pump of 1855% in contract trading volume on CEX.

On August 7, the price of Test (TST) fell by about 70%, currently quoted at $0.0267, with a market capitalization of $25.33 million and a 24-hour volume reaching $50.37 million. Holdings decreased by 28.86%, while the contract trading volume significantly rose to $266 million.
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TST1.81%
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MetaCene, the parent company invested by Galaxy Digital, has received an investment from Derin Holdings at a valuation of $100 million.

Derlin Holdings invested 100 million USD in Pangu, the parent company of the AI large model game MetaCene, and will collaborate in areas such as RWA and stablecoin, participating in MAK asset management. Pangu is committed to building a Decentralization gaming ecosystem, and MetaCene has performed explosively in the South Korean market.
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MAK-1.16%
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Shorting 1424 ETH at a 15x leverage on the address, increasing the position.

On August 7th, according to Hyperinsight monitoring, a contract Whale Address has just increased the position and shorted 1,424.37 ETH, worth approximately 5,338,241 USD. The current overall unrealized losses for the ETH position amount to 93,000 USD. Currently, the value of its ETH short position is 18.44 million USD (15x short), with an average entry price of 3,678 USD.
ETH4.17%
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CEX: Users with at least 200 Alpha points can receive an airdrop of 1000 X tokens.

CEX Alpha will open TaleX(X) trading on August 7, 2025. Users can receive an airdrop of 1000 X Tokens by holding 200 Alpha points. To claim the airdrop, 15 points must be consumed, and confirmation is required within 24 hours; otherwise, it will be considered forfeited.
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CEX Alpha: INFINIT (IN) Airdrop threshold 200 points

On August 7, according to the official announcement, CEX Alpha and Futures Trading will launch INFINIT (IN): Alpha trading opens on August 7, 2025, at 17:00 (UTC+8. Futures Trading opens on August 7, 2025, at 18:30 )UTC+8. After trading begins, users holding at least 200 Alpha points can claim 500 IN Token Airdrop. First come, first served, until the airdrop pool is exhausted or the event ends.
IN-8.97%
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Security company: Hackers disguised scam contracts as encryption trading Bots and spread them through YouTube videos.

Cybersecurity company SentinelLABS discovered that hackers are using malicious smart contracts disguised as Bots, leveraging YouTube marketing to execute Crypto Assets eyewash, stealing users' Wallet funds. After victims mistakenly deploy the contract, attackers can steal funds.
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After Trump's tariffs take effect, Wall Street firms warn that the S&P 500 index may pull back.

On August 7, Trump's new reciprocal tariffs took effect today at 12 PM. Wall Street institutions are sounding alarms. Morgan Stanley, Deutsche Bank, and Evercore ISI all warn that the S&P 500 index may pull back. This warning comes as concerns about the U.S. economy are intensifying, with last week's data showing that the inflation rate has risen, while job growth and consumer spending are both showing signs of slowing down. The latest polls show that 62% of voters oppose Trump's tariff policy, 58% oppose his tax reform and spending bills, and 55% are dissatisfied with his economic governance. There are also questions about the sustainability of Trump's plans, as his use of emergency powers to impose tariffs on specific countries is facing court challenges. He is turning instead to more legally grounded authorizations to impose tariffs on certain industries, such as automotive and metals. Professor Tim Meyer, a trade expert at Duke University School of Law, stated that.
TRUMP2.17%
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