WuBlockchain Weekly: Vitalik Donates All Animal Coins, Ethereum Gas Fees Hit Five-Year Low, Goldman Sachs and Morgan Stanley Hold Bitcoin ETFs, etc
1. U.S. July CPI and Retail Data link In July, the U.S. core Consumer Price Index (CPI) rose by 0.2% month-over-month, aligning with market expectations. The year-over-year unadjusted CPI for July was 2.9%, slightly below the expected 3.0%, and the unadjusted core CPI came in at 3.2%, marking its fourth consecutive monthly decline and the lowest level since April 2021. Additionally, the U.S. initial jobless claims for the week ending August 10 were 227,000, better than the expected 235,000 and the previous week’s revised figure of 234,000. This marks the lowest number of initial claims in five weeks. Continuing claims for the week ending August 3 were 1.864 million, slightly below the expected 1.875 million. July retail sales in the U.S. saw a 1% month-over-month increase, the highest since January 2023, surpassing expectations and potentially easing concerns about a sharp economic slowdown. QCP Capital noted in its latest report that the CPI data met market expectations, leading to an...