1. Trump said he would not fire Powell ahead of schedule, fearing it would disrupt the market.

On Friday local time, U.S. President Trump once again discussed the issue of Federal Reserve Chairman Powell's position during an interview. He stated that he is "very likely" not to dismiss him before Powell's term ends, as someone advised him not to do so, arguing that "it would disrupt the markets." "I wouldn't hesitate for a second to remove him," Trump said, "but they said it would disrupt the markets, anyway, he will be gone in seven or eight months, and at that time I will replace him with my own person." Earlier on Friday, Trump also mentioned that Powell should resign like Federal Reserve Governor Adriana Kugler.

2, Federal Reserve's Williams stated that the downward revision of employment data is a key news in the non-farm report.

On August 2, Federal Reserve's Williams stated that the significant downward adjustment of employment growth in May and June is the "real news" in Friday's non-farm report. He will attend the September meeting with an "open mind" to discuss whether to cut interest rates.

3. The Hong Kong stablecoin regulations take effect, beware of false licensing scams.

On August 2, the Hong Kong Monetary Authority officially issued a safety alert, warning against fraudulent licensed stablecoin schemes. The Hong Kong "Stablecoin Ordinance" has officially come into effect, and the regulatory system for stablecoin issuers has also begun implementation. The regulatory framework is still in its early stages, and the governing philosophy will adopt a "strict first, steady second" approach. With the implementation of the regulatory system, market participants should exercise caution when communicating with the public to avoid making statements that could lead to misunderstandings or unrealistic expectations. According to the "Stablecoin Ordinance", falsely claiming to be a licensee or applicant is illegal. As of today, the Monetary Authority has not issued any stablecoin issuer licenses, and the public should be wary of any stablecoins or stablecoin issuers claiming to be "regulated" or "licensed" in Hong Kong. After licenses are issued, the Monetary Authority will upload the list of licensed stablecoin issuers to its official website.

4. The UK FCA confirms the validity of the ban on retail customers trading crypto derivatives.

The UK's financial regulatory body, the Financial Conduct Authority (FCA), previously announced that it would allow retail investors to participate in cryptocurrency ETN trading. However, the agency clarified that the ban on retail customers participating in cryptocurrency derivatives trading will remain in effect, while it will continue to monitor market developments and consider its approach to high-risk investments.

5. The total liquidation amount across the network in the past 24 hours reached $368 million, with more than 80% of the liquidations being long positions.

The current price of ETH is $3489.18, with a decrease of 3.72% in the last 24 hours. Among them, the total liquidation amount of contracts across the entire network in the last 24H is $368 million, mainly from long positions, with ETH liquidation at $117 million (31.73%). The data is for reference only.

6. Large traders increased their short position by 18,000 ETH, with an unrealized profit of 6.41 million USD.

According to Yujin monitoring, qwatio continued to increase short positions by 18,000 ETH (approximately $63.28 million) one hour ago, and also increased short positions on XRP and SOL. Since opening the short position early yesterday morning, there has been a floating profit of $6.41 million. Currently, he holds short positions in four tokens: BTC, ETH, XRP, and SOL, with the opening quantities being 1, 2, 3, and 4: short 1,111 BTC, short 2,222 ETH, short 3,333 XRP, and short 4,444 SOL.

7. A certain address closed an ETH long position, losing over 17 million dollars within five days.

On August 2, according to monitoring by lookonchain, due to the market downturn, some BTC and ETH long positions of address 0x0558 were liquidated. He has completely closed his ETH long positions and currently holds a long position of 640 BTC (worth $72.3 million). Five days ago, his total profit exceeded $18 million, but now it has only 494,700 dollars left—almost all profits have evaporated. #6 BTC全民空投限时派送中# #Gate Alpha积分撸40U# #白宫加密报告发布#