Plain Language Blockchain Morning Report: LD Capital Founder states that the next target for ETH will break $10,000 and outperform BTC during the interest rate cut cycle.

1. LD Capital Founder: The next target for ETH will break $10,000 and outperform BTC during the interest rate cut cycle;

2. Japan plans to impose a unified 20% tax on cryptocurrency transactions and promote ETF issuance through tax law amendments;

3. LayerZero's $110 million acquisition proposal for Stargate has been approved;

4. Guotai Junan: The Federal Reserve is expected to cut interest rates by 25 basis points in September, with a maximum of 2 cuts for the year;

5. Two ancient Bitcoin whales sold 9,142 BTC, purchased 207,584 ETH, and hold 135,263 ETH long positions;

6. BlackRock's Ethereum ETF holdings have surpassed $15 billion, with a 50% increase over the past month;

7. Fosun Wealth Holdings has become the distributor of tokenized structured notes for DBS Bank;

8. 111,000 ETH exited staking from Eigenlayer and transferred to exchanges, worth approximately $538 million;

9. This week's NFT trading volume decreased by 25.78% to $134 million, while the number of buyers and sellers increased by over 25%;

10. ETHZilla plans to raise the scale of its stock fundraising to $10 billion to support continued purchases of ETH.