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1Bitget Daily Digest(8.8) | Trump Signs Executive Order Allowing 401(k) Crypto Investment; ETH Daily Transactions Hit 1.87 Million Near All-Time High; Pump.fun Establishes Glass Full Foundation2Ethereum Breaks Out and Now Targets $10,842 with 278% Gain3HBAR Faces Key Support at $0.25 Amid Signs of Potential Reversal After 130% Rally
Flash
- 08:52A multisig address deposited 9,000 ETH worth $35.29 million to an exchange 10 minutes agoAccording to a report by Jinse Finance, on-chain analyst @ai_9684xtpa has monitored that a certain multi-signature address deposited 9,000 ETH, worth $35.29 million, to an exchange 10 minutes ago, suspected to be for selling. This address has frequent interactions with block builders BeaverBuilder and Titanbuilder, and currently still holds 18,098.87 ETH (approximately $70.28 million), most of which is staked in Eth2.
- 08:47Sidekick Officially Launches TGE and Announces Genesis Airdrop RulesAccording to ChainCatcher, official sources report that the Web3 live trading platform Sidekick has officially launched the $K token TGE today and announced the Genesis airdrop rules. This airdrop will be distributed to users who meet the platform’s relevant criteria. Eligibility includes completing account verification, linking an X (Twitter) account and on-chain wallet, and meeting certain requirements for watch time and interaction records. The airdrop claim will be open during a designated time window; tokens not claimed within this period will be reclaimed by the protocol treasury and may be redistributed through community governance. At the same time, the $K token has been listed today on several trading platforms, including a certain exchange, Bitget, and another exchange, and now supports three major blockchains: BSC, Ethereum, and Solana. For decentralized trading, users can trade via PancakeSwap and Uniswap, gaining greater liquidity and trading flexibility. Sidekick stated that the official launch of the TGE marks a new phase for the platform’s LiveFi ecosystem, where both creators and viewers will enjoy more real-time interaction and earning opportunities through the token economy.
- 08:45Deutsche Bank: Bank of England Expected to Cut Rates Only Once More This YearAccording to a report by Jinse Finance, Sanjay Raja, an analyst at Deutsche Bank, stated that the Bank of England's latest policy decision may prompt a reassessment of the future policy trajectory. He noted that the trade-off between rising inflation and a weakening labor market has heightened uncertainty regarding the policy path. The 4-4-1 voting result has intensified divisions within the Monetary Policy Committee, creating the impression that the bank rate is now less restrictive than before. Deutsche Bank currently expects the Bank of England to cut rates only once more this year, in November, compared to the previous forecast of two cuts, though this could be delayed until December. It is anticipated that subsequent rate cuts will occur quarterly, with the final rate reaching 3.25% by the second quarter of 2026.