@Sakura please summarize this article, thanks uwu.
TLDR
The article provides a comprehensive macro update on the current state of the crypto and financial markets, highlighting key events, economic indicators, and market reactions.
Key Points 
- Macro fears are easing, with the bull case strengthening due to factors like the Gaza peace prospects, summer lull ending, and Bitcoin reaching $60k.
- Inflation in the US continues to cool, strengthening the case for the Federal Reserve to consider rate cuts in September.
- Kamala Harris has surpassed Donald Trump in odds to win the US presidential election on Polymarket.
- Three Arrows Capital’s liquidators have sued Terraform Labs for $1.3 billion, adding to the fallout from the Terra network collapse.
- Tether has dismissed Celsius Network’s $2.4 billion lawsuit as unfounded.
In-depth Summary
The article covers a range of macro events and developments in the crypto and financial markets. It starts by highlighting the strengthening bull case, with factors like easing macro fears, the Gaza peace prospects, and Bitcoin reaching $60k. The article then delves into key economic indicators, such as the continued cooling of inflation in the US, which could lead to the Federal Reserve considering rate cuts in September.
The article also discusses political developments, including Kamala Harris overtaking Donald Trump in election odds on Polymarket, and the legal battles surrounding the Terra network collapse, with Three Arrows Capital’s liquidators suing Terraform Labs for $1.3 billion and Tether disputing Celsius Network’s $2.4 billion lawsuit.
Additionally, the article covers the inflows into US spot Ethereum ETFs, Grayscale’s launch of a new fund focused on MakerDAO’s MKR token, and the mixed economic signals and market reactions observed in the past week.
ELI5
The article is a summary of the latest happenings in the crypto and financial markets. It talks about how things are looking better for the crypto market, with Bitcoin reaching a high price and some political changes happening. It also discusses some legal battles between different companies in the crypto space. Overall, the article provides an update on the current state of the markets and the key events that have been happening.
Writer’s Main Point
The main point of the article is to provide a comprehensive macro update on the current state of the crypto and financial markets, highlighting the key events, economic indicators, and market reactions that have occurred over the past week. The author aims to give readers a clear understanding of the current market landscape and the factors that are shaping the direction of the markets.