MartinGogogo

BlockBeats News, on August 4th, according to Jup.ag data, the issuance of pump.fun tokens in the past 24 hours reached 3,515 (Bonded rate of 0.34%), while the issuance of LetsBONK tokens reached 16,399 (Bonded rate of 1.07%).

pump.fun's market share has dropped to 22.2%, while LetsBONK's market share has reached 67%.

BlockBeats news, on August 21, according to GMGN market information, YZY briefly surpassed $1.2, currently quoted at $1.17, with an increase of 13.73% in the last hour.

BlockBeats news, on August 21, James Wynn posted that he has bought YZY, "This could actually mark the beginning of a bull market driven by retail. Let's wait and see."

According to ChainCatcher, traders warned that Bitcoin may be repeating the pattern at the end of the bull market in 2021. Cryptocurrency trader Cheds said that Bitcoin's sell-off after rising to a record high last week is not good for investors.

Cheds believes Bitcoin is showing a "failed upside" pattern, considered a bull trap, signaling market weakness and a trend reversal. This occurs when prices break through resistance and then fall back, failing to hold above the resistance level. Furthermore, a red candlestick pattern, the "outside daily candlestick," was formed on August 14th.

According to Deep Tide TechFlow, on August 14, Jinshi Data cited The Wall Street Journal report that Federal Reserve's Daly stated that a significant rate cut next month does not seem appropriate.

According to BlockBeats news on August 13, the cryptocurrency market analysis firm Santiment stated, 'Ethereum is currently just 6.4% away from its all-time high of $4,891 on November 16, 2021. During Ethereum's rise, retail traders have been continuously selling off.'

Historically, price trends often run contrary to the expectations of retail traders. Extreme greed was observed on June 16 and July 30, 2025, leading to price corrections. However, as asset prices continue to reach new highs, traders exhibit panic (FUD) and skepticism.

Currently, major stakeholders are hoarding the chips that retail traders are willing to sell, with prices showing almost no resistance from market sentiment, indicating that Ethereum may potentially break through and reach a new all-time high in the near future.

According to PANews, trader Machibigbrother (Huang Licheng) has closed his long positions in ETH (25x leverage) and HYPE (5x leverage), making a total profit of 33.83 million USD. He has currently placed orders to short ETH and HYPE.

BlockBeats news, August 5, the meme project BONK tweeted that, according to the fees generated on the Letsbonk.Fun platform, 300 billion BONK (approximately 8.05 million USD) have just been burned.

BlockBeats news, August 2, Arthur Hayes posted on social media in response to recent profit-taking operations, stating: "The U.S. tariff bill will expire in the third quarter... at least the market thinks so after the non-farm payroll data was released. Currently, major economies are not creating credit fast enough to boost nominal GDP. Therefore, Bitcoin will test $100,000, and Ethereum will test $3,000. For more information, please join my keynote speech on August 25 at WebX Asia in Tokyo. I’m going to relax now."

BlockBeats previously reported that Arthur Hayes sold 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700) early this morning.

According to reports from Wu, Pudgy Penguins and the Abstract team have officially become advisors to the U.S. government, participating in the design of cryptocurrency legislation. The team has made multiple trips to Washington, D.C. to discuss related policies. In addition, Pengu has applied to establish a PENGU ETF covering NFTs and tokens.

BlockBeats reports that on July 26, during an interview with crypto KOL rasmr (@rasmr_eth), Luca Netz, CEO of 'Fat Penguin' Pudgy Penguins, was asked: "(What do you think about) people saying you acquired a company, and speculating it is OpenSea?"

Luca Netz replied that Pudgy Penguins did acquire a company last December, but it is not yet time to announce it; he will soon reveal the exact details of this acquisition.

rasmr said: "It seems someone has bottomed out OpenSea... Well, I can't say much more." Luca Netz responded with just a smile.

According to PANews, the scale of the Ethereum validator exit queue is approximately 519,000 ETH, valued at about $1.9 billion, reaching a new high since January 2024, with the current exit waiting time exceeding 9 days. Analysis indicates that this is related to stakers taking profits after the ETH price rose 160% from the April low.

Despite the wave of exits, the demand for Ethereum staking remains strong, with 357,000 ETH currently waiting to enter the staking queue, and a waiting time of over 6 days. Part of the reason is the increased holdings by companies like SharpLink Gaming, as well as the increase in institutional participation after the SEC clarified that staking does not violate securities laws. Since late May, the number of active validators has increased by 54,000, reaching a historical peak of 1.1 million.