Solana's two economic model proposals have entered preliminary voting, and if passed, they will adjust inflation and destruction mechanisms

On August 3rd, Deutsche Bank raised its earnings forecast for the S&P 500 index, expecting earnings per share (EPS) for the S&P 500 to reach $358 in 2026, higher than $342; The EPS forecast for 2027 has been raised from $390 to $420. Deutsche Bank stated that the upward adjustment is based on the strong performance of the company's second quarter financial report. Currently, 87% of S&P 500 constituent stocks have exceeded market expectations in terms of corporate profits, and it is expected that corporate profits will increase by 33% year-on-year in the second quarter. Deutsche Bank pointed out that profit growth is spreading from large technology companies to broader industries, with corporate profit margins reaching historic highs and sales growth remaining strong.

On August 3rd, former Federal Reserve economist Claudia Sam stated that if the Fed ignores grassroots economic signals, it may misjudge the economic situation due to distorted macroeconomic data. Claudia Sam pointed out that the resilience of US consumption data stems from the increase in household debt. The Federal Reserve's "Brown Book" shows that consumers pay for daily expenses through credit cards, and the demand for grassroots food aid exceeds the levels during the financial crisis and pandemic. In terms of the job market, there is a gap between the official low unemployment rate data and the actual feelings of workers, and some workers describe the employment environment as survival. Claudia Sam warns that companies taking the initiative to raise wages due to rising living costs for employees may push up inflation risks again, and the Federal Reserve should pay attention to the real feelings of ordinary households about prices and employment.

Michael Saylor's Strategy sold $105 million worth of Bitcoin, reducing his holdings to 842138, while selling $291 million worth of MSTR stock and buying $81 million worth of STRC stock. （Bitcoin Archive）

According to PRNewswire, Bitmine Immersion Technologies increased its holdings by 10399 ETH last week and currently holds 5797813 ETH, 2069 BTC, $61 million worth of Eightco Holdings equity, and $173 million worth of Beast Industries equity.

An early Ethereum holder sold 2250 ETH worth $4.15 million after a 3-year hiatus, and bought these ETH at an average price of approximately $489 8 years ago. （Lookonchain）