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✅Mainstream Cryptocurrency Price Fluctuations: On August 18, Bitcoin fell to $114,929.2, down 2.59%; Ethereum dropped to $4,244.45, down 5.02%; Dogecoin, SOL, XRP, SUI, and others fell more than 4%.
✅Cryptocurrency Market Liquidation Situation: CoinGlass data shows that as of August 18, over 110,000 people have been liquidated in the cryptocurrency market, with a total liquidation amount reaching $475 million.
✅Multi-Project Token Unlocks: On August 18, multiple projects conducted token unlocks, including Azarus unlocking 1.81M AZA, Ondo Finance unlocking 5.56M ONDO, Manta unlocking 1.39M MANTA, etc.
✅Japan to Approve Issuance of Yen Stablecoin: Japan's Financial Services Agency will approve the country's first issuance of a yen-denominated stablecoin, JPYC, this month. The fintech company JPYC Inc. will be registered as a remittance business company, and sales are expected to begin within weeks of registration.