ChainCatcher news, according to Jinshi Data, some asset class investors are gradually reducing their enthusiasm for the "Trump trade" as they question whether Trump will push his ambitious tariff proposals after becoming President of the United States. As of Thursday's close, the dollar has erased most of its post-election gains, and after two days of intense volatility, U.S. Treasury yields have returned to recent ranges. These moves indicate that as investors weigh whether Trump's policies align with his campaign promises, the market may experience fluctuations. As market turbulence settles, the focus is shifting to other significant events.Vishnu Varathan, the head of economics and strategy at Mizuho Bank Singapore, stated, "Even the most fervent 'Trump trade' investors are stepping back now and considering whether the stakes are too high at this point. Traders are thinking about the execution and how some of his policies will effectively disseminate." A key question for investors is how much of Trump's tariff measures will become a reality. Some are also taking profits, including bullish dollar and bearish Treasury trades, which performed well earlier this week due to expectations that Trump's policies would stimulate inflation and keep interest rates elevated.Alvin Tan, the head of Asia FX strategy at Royal Bank of Canada, said, "People are skeptical about whether Trump will really implement the policies he proposed, especially the tariff policies; however, this sentiment may be temporary, as the market underestimates Trump's influence on trade policy— the U.S. President has broad powers to impose import tariffs."

According to ChainCatcher news, citing data from VG Insights, since its release on August 20, 2024, Black Myth: Wukong has sold over 20 million copies on the Steam platform in its first month, with total revenue exceeding $961 million (approximately 6.795 billion RMB).In addition to Steam, the game is also available on WeGame, PlayStation, and Epic platforms. Black Myth: Wukong has a Steam positive review rate of 96.04%, with a peak concurrent player count of 575,940 within 24 hours. Investor Wu Dan from Game Science expects the game's lifetime sales to reach 30 million copies, and future DLC will also be released.

ChainCatcher news, K33 Research analyst Vetle Lunde stated that the funding rate for Bitcoin perpetual futures has been below neutral for over 30 consecutive days, with the average funding rate over the past four weeks currently at a negative level for the first time since December 25, 2022. When the funding rate for Bitcoin perpetual futures is negative, it indicates that traders are mostly betting on a decline in asset prices. However, hedging or directly shorting positions are becoming increasingly crowded, which is also a clear indicator that sellers are nearing exhaustion.The analyst pointed out that if the market follows seasonal trends, September will be a good opportunity to buy on dips, followed by a potential recovery in the fourth quarter of this year. Historically, buying on dips in September has indeed yielded good returns by the end of the year.

ChainCatcher news, according to estimates from the foreign market research company vginsights, since its release, "Black Myth: Wukong" has sold over 8.4 million copies on the Steam platform within three days, with a positive review rate exceeding 97%, an average playtime of 9.7 hours, and total revenue surpassing 400 million dollars.

ChainCatcher news, according to Decrypt, Malaysian officials crushed 985 Bitcoin mining devices on Monday as part of a nationwide crackdown on electricity theft related to cryptocurrency miners.Videos circulating show a heavy roller slowly rolling over the mining equipment in an attempt to crush it. This operation destroyed equipment worth approximately $450,000.Malaysian officials are working to combat electricity theft, which is why the seized mining devices were destroyed.

ChainCatcher message: According to the statistics from the national game bestseller list, as of now, "Black Myth: Wukong" has sold over 3 million copies on Steam. Including sales from WeGame, Epic, and PS platforms, the total sales have exceeded 4.5 million copies, with total revenue exceeding 1.5 billion yuan.Currently, the game's Steam positive review rate remains above 95%, with approximately 90% of the reviews being in Chinese.

ChainCatcher news, Folius Ventures released a research report yesterday, analyzing the potential of the Telegram and Catizen projects. The report pointed out that the upcoming growth of Telegram x TON is driven by applications supporting Web3. Additionally, Catizen has the potential to become a leading platform on Telegram similar to Steam or Animoca, achieving traffic monetization.At the same time, the report also emphasized areas in the Telegram and TON network ecosystem that need improvement, such as Telegram's HTML5 infrastructure, ad targeting, and app center distribution.

ChainCatcher news, the 3A ARPG game AbyssWorld based on Sui has announced the upcoming IDO and has released a new economic model.It is reported that Abyss World is the first 3A game in the Sui ecosystem involving Mysten Labs. Currently, Abyss World has nearly 120,000 reservations on the global Steam wishlist and will conduct its first public test next month. (source link)