1. Hong Kong Monetary Authority: Regulatory Regime for Stablecoin Issuers to Take Effect on August 1
2. Upbit to List OMNI-KRW Trading Pair
3. USD1 on Binance Experiences De-pegging, Temporarily Trading at 0.9934 USDT
4. "Ming Pao": JD.com has Registered "JCOIN" and "JOYCOIN," Expected to be Stablecoin Names
5. CryptoPunks Floor Price Breaks $200,000 Barrier for the First Time Since March 2024
Traders are standing at an awkward crossroads: whether to position for a rebound or prepare for a liquidity downturn? As stated in the latest 10xResearch report: "Now, we are about to face a crucial moment: the most important events on the calendar—corporate earnings reports, the White House digital assets report, and the FOMC meeting—are about to settle before the summer. Given the historically weak performance of the cryptocurrency market in August and September, traders are in a dilemma. And their real-time indicators also indicate that today's performance is likely to set the tone for the entire summer market. What's even more complicated is that the market is not just waiting for the answer to the rate cut but for a directional signal. Will it turn to easing, continuing to drive Bitcoin and Ethereum higher? Or will it stand still again, bringing a rain to the market?"
2. "The Fundamental of Base's 'Content Token', Why Did Solana React So Strongly?"
In fact, this discussion has continued from the NFT craze to the present, but has never reached a conclusion. The only difference is that the subject has shifted from "blue-chip NFTs" and "meme NFTs" to the current "content coin" and "meme coin." This article will combine various market perspectives with available data and research to analyze the truth behind it.
On-chain Fund Flow for the Week of July 29
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