Overview of Key Overnight Developments on July 29

21:00-7:00 Keywords: Unlock, Uniswap, TON, Hash Rate

1. Tokens worth approximately $893 million will be unlocked in August;

2. Uniswap front-end trading fees have surpassed $52 million;

3. VanEck advisor: The logic behind the Federal Reserve buying Bitcoin instead of Treasury bonds is based on Bitcoin's fixed total supply;

4. BitMEX co-founder: Make politicians contribute to crypto before giving them money;

5. Donald Trump Jr.: Bitcoin is a hedge against inflation and authoritarian governments;

6. Bitcoin's 7-day average hash rate reached 677 EH/s, the highest since May 25; 7. The current staked TON in the TON network has surpassed 675 million tokens.