Notable news in the past 24 hours (05/07) BTC: $30,850 | ETH: $1,940 | Total market capitalization: $1.207 trillion 1️⃣ LDO, FXS, RPL gaining momentum due to the Ethereum Dencun upgrade: The upcoming upgrade of Ethereum, expected to be implemented in Q4 this year, has contributed to significant growth in tokens of ETH liquidity staking service providers, especially Lido. 2️⃣ The Bitcoin price surge is not only supported by the accumulation of "whales" but also small BTC investors (holding less than 1 BTC) who have contributed to this growth. They have been accumulating over 33,400 Bitcoin per month, raising the total amount held to 1.25 million Bitcoin. 3️⃣ Hong Kong proposes issuing a stablecoin to compete with USDT: If supported by the government, the HKDG stablecoin would help reduce costs and improve the payment system. 4️⃣ Cryptocurrency exchanges in South Korea implement volatility monitoring system: This initiative aims to provide users with timely warnings about the cryptocurrency market.