Planet Morning News

1. Biden gave a speech on withdrawing from the 2024 US presidential election; 2. Harris may be nominated as the Democratic presidential candidate before August 1; 3. US Congressman Cynthia may announce a draft legislation on using Bitcoin as a strategic reserve at the Bitcoin Conference; 4. The trading volume of Ethereum spot ETF reached US$951 million on the second day; 5. Grayscale ETHE had a net outflow of US$326.2 million yesterday, and Mini ETH had a net inflow of US$46 million yesterday; 6. Fidelity FETH had a net inflow of US$74.4 million yesterday, and BitWise ETHW had a net inflow of US$29.5 million yesterday; 7. Hashdex submitted the Nasdaq Crypto Index ETF S1 application to the US SEC; 8. Layer3 has launched the airdrop query page; 9. Former New York Fed Chairman: The Federal Reserve should cut interest rates immediately; 10. a16z founder: The Biden administrations regulatory approach to cryptocurrencies is stifling innovation and growth in the industry.