ETH falls below the $3800 mark

BlockBeats News: On August 1st, according to on chain analyst Ai Yi (@ ai_9684xtpa) monitoring, on July 28th, he bought 5073.16 ETH at a cost of $3958 per ETH, which is $37 higher than CEX, almost reaching the short-term high; At present, there is a floating loss of 1.645 million US dollars, and there has been no selling/transferring action yet.

According to the official blog of the International Monetary Fund (IMF), the System of National Accounts (SNA), a global standard for measuring economic activity, will be updated to more comprehensively incorporate emerging technologies, digital services, and intangible assets. An important driving factor for the update of the System of National Accounts (SNA) is the growing importance of cryptocurrency assets. Although cryptocurrency accounts for a relatively small share of global assets, it may have significant impacts on future financial stability, tax policies, and regulatory oversight. Now, statisticians have found a way to classify certain encrypted assets as' non productive non-financial assets', which will be reflected in national wealth. Ensuring that the new System of National Accounts (SNA) can guide countries on how to report cryptocurrencies is a way to develop future oriented standards. In addition, in order to better reflect the digital economy, SNA recommends that countries develop a set of indicators covering areas such as artificial intelligence, cloud computing, digital intermediary platforms, and e-commerce. However, as encrypted assets do not involve the creation of traditional goods or services, they are not included in the Gross Domestic Product (GDP). The revised standards are expected to be implemented globally from 2029 to 2030.

According to the popularity ranking, CFX's popularity has increased by 160000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① CFX （$0.2136，-0.47%） ② ETH （$3636.70，-5.84%） ③ PUMP （$0.002663，-16.99%） ④ SOL （$167.96，-7.63%） ⑤ ENA （$0.5894，-13.22%） CFX's main funds have strong selling power, with a net outflow of $157.486 million in 24 hours and a transaction volume of $870 million in 24 hours, of which the main funds have a net inflow of $2.1024 million.

According to monitoring by the Indonesian Taxation Bureau, the annual cryptocurrency tax revenue in Indonesia ranges from 50 billion to 60 billion Indonesian rupiah (approximately 31.25 million to 36.4 million US dollars). When first implemented in 2022, the tax revenue was 24.6 billion Indonesian rupiah (approximately 15 million US dollars), which decreased to 22 billion Indonesian rupiah (approximately 13.42 million US dollars) in 2023 and significantly increased to 62 billion Indonesian rupiah (approximately 37.98 million US dollars) in 2024. As of 2025, 11.5 billion Indonesian rupiahs (approximately 6.97 million US dollars) have been collected since the beginning of the year. The tax department stated that fluctuations in cryptocurrency prices may lead to instability in future tax revenue. At the same time, the number of encrypted users in Indonesia has exceeded 20 million, far surpassing stock market investors and becoming an important source of tax revenue for the government. In addition, Indonesia will implement tax reform in August 2025, raising the overseas platform tax rate to 1% and the domestic platform tax rate to only 0.21%, in order to reduce capital outflows and encourage domestic transactions. The government has also abolished value-added tax for cryptocurrency buyers and reclassified cryptocurrency assets from commodities to financial assets, which will be regulated by the Financial Services Administration.

According to Golden Finance, US President Trump signed an executive order on Thursday local time to adjust equivalent tariffs for dozens of countries. Experts warn that more tariff hikes may be imminent. Wendy Cutler, former Deputy Trade Representative of the United States and Senior Vice President of the Asia Pacific Policy Institute, pointed out that "what is particularly concerning is that trading partners will face continued uncertainty - both dealing with new industry tariffs and being wary of additional tariffs that may be imposed if the US government determines that the relevant countries are not implementing the agreement in good faith." Cutler emphasized, "There is no doubt that this executive order, along with the relevant agreements reached in the past few months, completely tears up the international trade rules manual formed after World War II. Without the participation of the United States, it is still unknown whether our partners can maintain this system Don't think this is the end... there will almost certainly be more agreements and higher tariffs coming one after another