Plain Language Blockchain Daily: LD Capital founder states that ETH's next target will break $10,000 and will outperform BTC during the interest rate cut cycle.

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

  2. Japan plans to impose a unified tax of 20% on cryptocurrency transactions and promote the issuance of ETFs through tax law revisions;

  3. LayerZero invests $110 million to acquire the StarGate proposal, which 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 whole year.

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

  6. BlackRock's Ethereum ETF holdings value exceeds $15 billion, with a 50% increase in the past month;

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

8.11.1 10000 ETH exited staking from Eigenlayer and transferred to the exchange, worth approximately 538 million dollars;

  1. This week's NFT trading volume decreased by 25.78% to $134 million, with both the number of buyers and sellers increasing by over 25%;

  2. ETHZilla plans to raise the scale of its share placement to $10 billion to support continued purchases of ETH.

ETH-4.26%
BTC-1.34%
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