Citigroup has raised its gold price forecast for the next three months from $3,300 per ounce to $3,500, with the expected trading range raised from $3,100-$3,500 to $3,300-$3,600, as it believes that recent US economic growth and inflation prospects have deteriorated. The bank stated: "US economic growth and inflation concerns related to tariffs will continue to worsen in the second half of 2025, coupled with a weaker US dollar, will drive gold prices moderately higher to reach historical highs." Citigroup also emphasized that the weakening US employment data in the second quarter of 2025 has increased concerns about the credibility of the Federal Reserve and US statistical data institutions, as well as the rising geopolitical risks related to the Russia-Ukraine conflict. Citigroup estimates that total gold demand has increased by more than one-third since mid-2022. (FX678)

Vincent Liu, Chief Investment Officer of Kronos Research, stated that the current market is showing a "cautiously optimistic" sentiment amidst macro uncertainty and institutional buying. The fear and greed index is trending towards "greed", with whale buying and rate cut expectations driving traders to reallocate risk assets.

binance will update the collateral ratio of the following assets under the investment portfolio margin function on August 5, 2025, 06:00 (UTC) and August 8, 2025, 06:00 (UTC). The update will be completed in about 30 minutes. The following assets will be adjusted on August 5, 2025, 06:00 (UTC).

the global financial technology company Revolut has been waiting for over three years to apply for a full banking license in the UK, and is currently embroiled in a public dispute between UK Chancellor of the Exchequer Rachel Reeves and Bank of England Governor Andrew Bailey.

 according to DefiLlama data, the trading volume of the Solana network DEX in the past 24 hours reached $1.413 billion, ranking second in the entire network. The top three DEX protocols in the Solana ecosystem in terms of trading volume are Raydium, Meteora, and Pump.

Citigroup: raised the expected range of gold prices for the next three months to $3300-3600 per ounce (previously expected to be $3100-3500 per ounce).

 George Osborne, former Chancellor of the Exchequer of the United Kingdom, launched a fierce attack on the way the Labour government treats cryptocurrencies, warning that the UK could miss out on a "financial revolution similar to the one in the 1980s" and fall behind the trend. Osborne is now a member of the global advisory board of the American cryptocurrency exchange Coinbase, and he said that Chancellor Rishi and Bank of England Governor Bailey are putting the UK on the slow lane. Osborne said, "Rachel Reeves is right, we have all become too risk-averse. The reason we became the world's financial center is because we are not afraid of change." "In cryptocurrencies and stablecoins, as in many other things, a harsh fact is: we are completely left behind. It's time to catch up." Osborne said that accusing regulators of being overly cautious is an "untenable excuse," and Reeves should follow the example of the US Congress in legally establishing a framework for cryptocurrencies. He warned that the US, EU, Singapore, and Abu Dhabi are all ahead of the UK. (Financial Times)

according to official website data, the supply of stablecoin USDe issued by Ethena Labs has exceeded 9.3 billion, currently around 9,310,382,206, reaching a historical high, an increase of over 75% from the issuance of 5.31 billion a month ago.

 according to SoSoValue data, the Ethereum spot ETF had a net inflow of $154 million last week (July 28th to August 1st Eastern Time), and it is worth noting that only ETF ETHA achieved a net inflow.

7:00-12:00 Keywords: Paradigm, Metaplanet, Federal Reserve

 the U.S. Commodity Futures Trading Commission (CFTC) has launched a "crypto sprint" program to begin implementing the cryptocurrency-related policy proposals released by the Trump administration on Wednesday. CFTC Acting Chairman Caroline Pham said on Friday that the agency will work closely with Securities and Exchange Commission (SEC) Chairman Paul Atkins and Commissioner Hester Peirce to advance the "Project Crypto" announced on Thursday.

Barclays currently believes that the European Central Bank may choose to cut interest rates once in December, rather than the previously predicted rate cut in September. The bank's economist Mariano Sinha said that this revision takes into account the weakness in economic activity in the second half of the year, caused by the continued drag of trade policies and the impact of earlier imports by the United States. Barclays expects that by December, signals regarding trade headwinds will be clearer, and concerns about supply chain disruptions affecting inflation will decrease. In addition, confidence that the 2026 fiscal plan will not reignite inflationary pressures may increase, supporting a 25 basis point rate cut. Barclays expects that by 2026, the European Central Bank's terminal deposit rate will remain at 1.75%. 

 according to on-chain analyst @ali_charts monitoring, in the past two weeks, 250 million ENA tokens have been deposited into exchanges.

according to the official announcement, Binance announced that BNSOL super staking will be launched on SIGN (SIGN).

Musk tweeted that Grok Imagine has been opened to all SuperGrok and Premium+ subscribers. New features of Grok Imagine include: text-to-video generation (users can quickly create short videos with sound through text prompts, with a maximum length of 6 seconds), image-to-video conversion (can convert static images into dynamic videos, supporting animated artwork, sculptures, or other images), etc.

 Vasiliy Shapovalov, co-founder of Lido, announced that, due to cost considerations, Lido Labs, Lido Ecosystem, and Lido Alliance have made the difficult decision to cut about 15% of their staff. This adjustment is not due to performance issues, and those affected are important members who have been deeply involved in protocol and community development. Shapovalov stated that, although the market is currently in an upward phase, this decision reflects a commitment to long-term resilience and sustainable growth, aiming to focus on operational priorities, optimize resource allocation, and align with the interests of LDO token holders.

 according to official sources, the Japanese listed company Metaplanet once again increased its holdings of 463 bitcoins, with a total holding of 17,595 BTC.

according to the official announcement, the Japanese listed company Metaplanet has repurchased 463 BTC, with a total holding of 17,595 coins.

 according to Le Monde, the French right-wing political party "National Rally" (Rassemblement National) plans to propose a bill to use surplus electricity from nuclear power plants for Bitcoin mining.

according to on-chain analyst Ai Yi (@ai_9684xtpa), the smart money that once bought low and sold high on WBTC made a profit of $14.26 million. In the past week, they have reportedly sold 38,582 ETH, worth $138 million. If sold, they would make a profit of $36.57 million.