The current possibility of the Federal Reserve lowering interest rates in September is 92.1%. $ETH Redemption queue value has reached a historic high of 3.8 billion dollars.

Events happening next week

1. Trump $BTC meets with Zelensky (Washington) - Monday

2. Federal Open Market Committee meeting minutes (July meeting) - Wednesday

3. First-time unemployment claims - Thursday

4. Powell speaks - Friday

With the recent decline in ETH prices becoming smaller, it suggests that retail investors are selling their coins to institutional investors. Institutional investors have unlimited capital, while retail investors do not. What will happen next is obvious.

Cardano $ADA developer EMURGO tweeted that it will stop delegating Genesis ADA to 7 community DReps to promote inclusivity and fairness in Cardano governance.