ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to show a general upward trend, with the AI sector leading the way, achieving a 24-hour increase of 10.48%. Notable performers include Worldcoin (WLD) with an increase of 24.11% and Render (RNDR) with an increase of 22.37%;In addition, the Meme sector continues to show an upward trend, with an increase of 9.41%, and the leading project Dogecoin (DOGE) rising by 19.57%. Furthermore, the DePIN sector increased by 7.56%, the Layer 1 sector increased by 2.58%, the Layer 2 sector increased by 2.19%, and the RWA sector increased by 1.44%.

According to ChainCatcher news and data from Token Unlocks, this week APT, XAI, and RENDER will experience a large one-time token unlock, including:Aptos (APT) will unlock 11.31 million tokens on September 11 at 18:00, worth approximately 66.16 million USD, accounting for 2.32% of the circulating supply;Xai (XAI) will unlock 35.88 million tokens on September 9 at 17:30, worth approximately 6.36 million USD, accounting for 6.27% of the circulating supply;Render (RENDER) will unlock 760,000 tokens on September 14 at 8:00, worth approximately 3.59 million USD, accounting for 0.19% of the circulating supply;io.net (IO) will unlock 2.11 million tokens on September 11 at 20:00, worth approximately 3.31 million USD, accounting for 2.22% of the circulating supply.

ChainCatcher message, The Render Network posted on X that its founder and CEO Jules Urbach's X account was hacked and false airdrop information was published. Please do not click any links from that account and carefully verify all information through official sources.

ChainCatcher message, Coinbase International and Coinbase Advanced have launched RENDER, SAGA, and T perpetual contract trading, with limit, market, take profit, and stop loss orders now fully available.

ChainCatcher message, Coinbase will add support for Render, Saga, and Threshold perpetual contracts on Coinbase International Exchange and Coinbase Advanced. The RENDER-PERP, SAGA-PERP, and T-PERP markets will open on August 29, 2024, at 9:30 AM (UTC) or later.

ChainCatcher news, according to the official announcement, Upbit has announced that with the completion of the RENDER brand revamp and token swap, the deposit and withdrawal services for RENDER will be restored. The expected time for the resumption of RENDER deposit and withdrawal services is 19:00 KST on August 16, 2024.

ChainCatcher news, according to CoinDesk, on-chain analytics firm CryptoQuant stated in a report that Bitcoin miners are once again expanding their capacity, as the network hash rate reached an all-time high this week following a "surrender" event. On Tuesday, the network hash rate set a new record of 627 exahash per second, recovering from an 8.5% drop in early July. The hash price (i.e., the average revenue per unit of mining power) also hit an all-time low, but miners are still expanding their capacity, indicating that their sentiment remains optimistic despite the sell-off in recent months.CryptoQuant stated: "Last week we may have seen a miner surrender event, as Bitcoin outflows from miners surged after the price hit $49,000. On August 5, the daily miner outflow of Bitcoin soared to 19,000 BTC, the highest level since March 18. Miners sold some Bitcoin as their average operating profit margin was squeezed to 25%, the lowest level since January 22." During bull markets, miner surrender events typically occur near local bottoms in Bitcoin prices.

According to ChainCatcher news and the official announcement, OKX will officially launch the RENDERUSDT perpetual contract with a maximum of 20 times leverage on the web, App, and API at 4:30 PM (UTC+8) on August 8, 2024, and will launch leveraged trading and simple coin earning for RENDER/USDT at 4:00 PM (UTC+8) on August 8, 2024.

ChainCatcher news, according to on-chain analyst @ali_charts monitoring, the Bitcoin Hash Ribbon indicator shows that the miner "surrender" has ended, indicating that the momentum of Bitcoin price will turn from negative to positive.

ChainCatcher news, Binance has announced the completion of the token swap for Render (RNDR) and the renaming to Render (RENDER). The new RENDER tokens are now available for deposit and withdrawal, and the tokens have been swapped at a ratio of 1:1.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, and Flash Exchange trading platforms have launched Render (RENDER).Binance will launch RENDER on the leverage, contract, and dollar-cost averaging platforms on July 26, 2024, at 18:00. Users can now subscribe to the RENDER principal-protected earning product on the Binance principal-protected earning platform and purchase RENDER through Binance dollar-cost averaging. In addition, Binance leverage will add RENDER as a borrowable asset and trading pair on the same day, and Binance contracts will launch RENDER 1-50x USDT perpetual contracts.

According to ChainCatcher news, on-chain analyst @ai_9684xtpa monitored that six hours ago, the Render Network project's multi-signature address transferred 1.6 million RNDR to GSR Markets, worth 10.59 million USD, of which 350,000 tokens have been deposited into Binance. Token Unlock data shows that 0.19% of the circulating supply of RNDR tokens (760,000 tokens) was unlocked at 8 AM today, and it is uncertain whether there is any correlation between the two.

ChainCatcher news, according to the official announcement, Binance will support the token swap of Render (RNDR) and the brand upgrade to Render (RENDER).Binance will stop trading and delist all existing (RNDR/BTC, RNDR/USDT, RNDR/FDUSD, RNDR/USDC, RNDR/TRY, RNDR/EUR, and RNDR/BRL) spot trading pairs on July 22, 2024, at 11:00 (UTC+8), and will automatically cancel all open orders;Binance will open spot trading for RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL on July 26, 2024, at 16:00 (UTC+8).

ChainCatcher news, according to CryptoQuant CEO Ki Young Ju on Twitter, the capitulation of Bitcoin miners is still ongoing. Historically, the capitulation phase ends when the daily average mining value reaches 40% of the annual average, and currently this ratio is at 72%. It is expected that the crypto market will be relatively quiet in the next 2-3 months, and a long-term bullish outlook is suggested, but excessive risk should be avoided.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the Render Network custody contract address transferred 2.066 million RNDR (approximately 13 million USD) to the market maker GSR Markets address 30 minutes ago.Since January 10, the Render Network custody contract address has transferred a total of 10.16 million RNDR to GSR at an average price of 7.95 USD.

ChainCatcher news, according to CoinDesk, the Bitcoin miner surrender index is approaching the market bottom levels seen after the FTX collapse.CryptoQuant data shows that miner revenue has dropped from $79 million earlier this year to $29 million, with hash rate declining by 7.7% since the halving. The current trading price of Bitcoin is $60,300, down 13% in the past 30 days.CryptoQuant believes that as selling pressure intensifies, the market may rebound again to around $70,000. The significant decline in miners' daily revenue and hash rate indicates that miners are facing severe challenges.

ChainCatcher message, the crypto intelligence platform Santiment posted on X: "Looking ahead to July, after so many small traders have capitulated, we have reason to be optimistic. The crowd's negative sentiment and the average losses of traders suggest that the relief rally may just be beginning."