ChainCatcher message, IoTeX stated: "In light of the current market conditions, IOTX is now recognized as a DePIN Meme coin."

According to ChainCatcher news and analysis from OKG Research at OKLink, based on the top 300 wealthy addresses holding BTC, since BTC dropped below $50,000 at 2:25 PM on August 5, the inflow to the top 300 wealthy addresses (inflows from other addresses to wealthy addresses) was 1,582.7 BTC, while the outflow (outflows from wealthy addresses to other addresses) was 1,605.66 BTC, resulting in a net outflow of 22.96 BTC.

ChainCatcher message, Blast founder Pacman stated on the X platform: "I have seen some people speculate that the delay in the Blast airdrop plan is to align with the market conditions. Overall, I believe that trying to time the market is pointless. The timeline has been postponed simply because we need more time for development. While the delay is certainly unfortunate, we have put in a lot of effort to find solutions, but the final conclusion is that it must be done. We believe that this approach will bring more value than cutting corners (launching early)."

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, in the past seven days, two ETH band addresses (suspected to belong to the same person) have accumulated losses of 2.28 million USD. Address 0x6c1...a6062 has lost 800,000 USD, while address 0x248...87976 has lost 1.48 million USD. The two addresses seem to primarily engage in breakout trading, but the recent market has continued to fluctuate, resulting in significant losses from chasing the market.

ChainCatcher news, according to OKX market data, ETH has rebounded to 3500 USD, with ETH/USDT currently reported at 3504 USD, a 24-hour increase of 6.53%.

ChainCatcher news, BakerySwap announced that due to poor market conditions, the 20EXchange project, originally scheduled to launch on January 26, will be postponed.Previously, BakerySwap announced that the second phase of the free Launchpad project is the multi-chain inscription asset aggregation trading protocol 20EXchange (BRC20 token 20EX), with a launch time of January 26 at 16:00 Beijing time. The participating tokens are BAKE and 1CAT, and the issuance price is free.

ChainCatcher news, according to market information, SEI has broken through $0.54, currently quoted at $0.55229, with a 24-hour increase of 15.54%, setting a new historical high.

ChainCatcher news, according to OKX market data, OP briefly broke through 3.8 USD, currently quoted at 3.87 USD, continuing to set a new historical high, with a 24-hour increase of 17.8%.

ChainCatcher news, according to market data, FTT briefly broke through $1.93, and the current price has retreated to $1.83, with a 24-hour increase of approximately 56.32%.

ChainCatcher news, in response to the recent decline in the prices of tokens listed on Binance, He Yi stated that the market is sluggish, and both large and small tokens recently listed are falling; most altcoins have seen price drops of 80%-90%, including all the highly sought-after top projects. The first transaction price for MAV was set at 0.05 USDT, considering the cold market conditions, urging users not to blindly trust community calls and chase prices; according to the historical IEO on the first day of the last cycle, it was several times, pulling up to 10 times or 20 times does not reflect the current market situation, please DYOR. Binance has listed hundreds of tokens, and the token prices are not controlled by Binance, but are influenced by both buyers and sellers, please be aware of investment risks.In addition, regarding the compensation progress for user funds from the Rug Pull project XIRTAM transferred to Binance, He Yi stated that it will be handled according to legal advice. Currently, the project parties have conflicting statements, with first-level and second-level investors each holding their own views. Users should make their own judgments when investing in new projects on the blockchain; no one should pay for individual mistakes. If this case is not handled well, there will be no further action taken on Rug projects.According to previous reports, the Rug Pull project XIRTAM transferred 1,909 ETH raised to Binance, which has assisted in freezing the funds. On June 20, according to community news, Binance responded to the incident of XIRTAM's Rug Pul funds being deposited into Binance, stating, "We are working hard to allow the victims of the XIRTAM project to directly claim their losses from the smart contracts deployed by Binance on the Ethereum and Arbitrum networks. Binance hopes to have this initiative ready as early as today. In the meantime, we appreciate users' patience and understanding. Please continue to pay attention to announcements for further information." (Source link)

ChainCatcher message, according to Glassnode data, the current Bitcoin seller risk ratio is close to historical lows. Glassnode's chief on-chain analyst @_Checkmatey explains that this data indicates investors are unwilling to realize profits or losses within the current price range, which typically occurs when both buyers and sellers are exhausted, suggesting that the market may experience significant volatility.@_Checkmatey further noted that it is important to recognize that the value of this data was also very low in November 2018, indicating that traders were exhausted within this price range, but it did not indicate the direction of price movement. (source link)

ChainCatcher news, according to a report by Reuters, the official Telegram channel of Sango Coin announced that the listing of its national cryptocurrency token Sango has been postponed due to "current market conditions" and "marketing reasons." Additionally, holders will be allowed to sell up to 5% of the tokens, which are currently locked for one year and cannot be sold.When asked about the government's allowance for foreign investors to purchase citizenship with Sango valued at $60,000, an unidentified host on the channel stated, "There will be more updates on this next month."It is reported that following El Salvador in September 2021, the Central African Republic became the first African country to use Bitcoin as legal tender in April. The country launched Sango in July, aiming to raise nearly $1 billion next year. According to data on the Sango website, only $1.66 million worth of Sango has been sold. (Reuters)