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List of important developments on the evening of July 29

12:00-21:00 Keywords: US debt, CAKE, Musk, Celo 1. The US federal government debt exceeds the 35 trillion dollar mark; 2. PancakeSwap destroyed 8.88 million CAKE, approximately 18 million USD; 3. CryptoQuant analyst: ETH unpositioned squaring contracts have increased by about $1.50 billion in the past three weeks; The supply of ETH is approximately 122,373,866, and EIP1559 has burned approximately 4,350,763. 5. The total amount of authorized Tether on the Celo chain has exceeded 470 million US dollars, and the net circulation has exceeded Omni; 6. Musk stressed that he will not promote any cryptocurrencies, warning investors to be wary of deepfake videos. 7. Analyst: If BTC hits $70,356, 74.83 million US dollar shorts will be liquidated.