#Hippo Daily 8/07, not everyone is qualified to learn from the wise, but an unknown person does not mean they are useless or incompetent🫵
🟧 $BTC is consolidating with reduced volume, currently at 114766; 🟦 $ETH institutional buying has slowed down, currently at 3698.
📊 24-hour crypto market news highlights
🔥 Trump: Tariffs officially take effect;
~ The tariff issue has been stirring for months, let's just leave it at that, brother!
🔥 Since early June, the total buying amount by Ethereum treasury companies and Ethereum spot ETFs has reached approximately 3.2% of the total supply;
~ That's really brutal, 3% bought in 2 months, everything is just beginning!
🔥 Yesterday, Bitcoin spot ETF saw a net inflow of $91.55 million, while Ethereum spot ETF saw a net inflow of $35.12 million!
4. Cao Cao Mobility signed a strategic cooperation memorandum with Victory Securities to explore RWA tokenization and stablecoin payments, with stock prices rising over 20% during the day;
~ Now it’s really just about being related to the crypto world for it to skyrocket, it has turned into web2 leveraging the hype of web3.
5. Magic Eden has distributed its second season airdrop, totaling 10 million ME;
~ Staking ME was one of my dumbest decisions last year!
6. National Committee member Yao Zhisheng suggested that Hong Kong develop a white paper on financial development to promote stablecoin bonds surpassing London;
~ Hong Kong stablecoins need to be developed, but there are still long-term restrictions on capital from the mainland, otherwise, how much domestic capital would need to run away?
7. The number of transactions on the Ethereum network rose to 1.87 million yesterday;
~ Close to the historical record of 1.96 million set on January 14, 2024.
8. Ethereum co-founder Vitalik: Layer 2 should aim for rapid withdrawals through ZK systems as the next stage goal;
9. 🦊 Metamask increases support for Sei;
10. Strategy Executive Chairman Michael Saylor: “Buying BTC” is the most important investment advice received;
~ I received it a long time ago, but I wasn’t serious enough back then!
11. PancakeSwap launches perpetual contracts for US stocks;
12. Rich Dad Poor Dad author Robert Kiyosaki: Bitcoin is a genius-designed asset class and the easiest way to make a million in wealth;
~ I agree, thanks Satoshi Nakamoto!
13. Many web2 companies/institutions are paying attention to crypto assets👇
Keep shouting slogans #BTC200K2025 #美国加征关税