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Past 24 hours saw a total network liquidation of $176 million, and the total cryptocurrency market capitalization has returned above $2.2 trillion. According to CoinGecko data, the current total cryptocurrency market capitalization is $22.02 billion, with a 24-hour increase of 2.4%. Additionally, BTC's market dominance is 53.3%, and ETH's market dominance is 14.9%. Furthermore, according to Coinglass data, the total liquidations in the past 24 hours amounted to $176 million, with $83.19 million in long liquidations and $92.56 million in short liquidations. $BTC $ETH $BNB
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Data: The total network liquidation amount in the past 24 hours was $208 million, mainly from the liquidation of long positions. According to ChainCatcher news and Coinglass data, the total liquidation amount across the network in the past 24 hours was $208 million, with $129 million in long position liquidations and $78.53 million in short position liquidations. Among them, the BTC liquidation amount was $64.28 million, the ETH liquidation amount was $54.26 million, and the SOL liquidation amount was $14.7 million. $BTC $ETH $BNB
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New York Fed: U.S. medium-term inflation expectations have fallen to a new low. According to a survey by the New York Fed on consumer expectations, the one-year inflation expectation in July was 2.97%, slightly lower than the previous month's 3.02%, and the median three-year inflation expectation fell sharply by 0.66% to 2.3%, reaching the lowest level since the survey began in June 2013. The New York Fed stated that compared to a year ago, people's perceptions of credit access deteriorated in July, with a higher proportion of households reporting that it is more difficult to obtain credit than a year ago. $BTC $ETH $BNB
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Analysis: The supply of stablecoins has reached the highest point since January 2022, and the daily number of transactions has hit a new high. According to on-chain analyst Peter Schroeder's Artemis data shared on X, cryptocurrency activity has rebounded in the past week, with the following highlights: 1. DeFi trading volume reached a high point in 2023 on August 5, making it the 4th most active day in the DeFi sector over the past 3 years. 2. Bridge transaction volume also reached its highest single-day record since March 2023, with Circle's CCTP dominating 35% of bridge activity. 3. Perpetual contract trading volume reached its highest level since March 2023, making it the third highest trading volume in the past year. 4. The number of stablecoin transfers set a new all-time high on August 5. 5. Stablecoin supply reached its highest level since January 2022, currently at $165.33 billion, with USDT accounting for 69.82% of the total. $BTC $ETH $BNB
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Stride: 250,000 STRD will be distributed to stDYM holders, to be distributed over the next 150 days. PANews, August 12 news, the Cosmos ecosystem's liquid staking protocol Stride announced on the X platform that from February to June, a total of 250,000 STRD were distributed to stDYM holders. For the stDYM airdrop, STRD will be accurately distributed 150 days after the allocation. Users can choose to immediately claim the full amount, but they need to pay a fee. If they want to unlock immediately, they will lose 30% of the total airdrop amount. The immediate unlock option is only available for the next 30 days. Previously, on July 30, Stride stated that since February 1, a total of 5 million STRD have been distributed to stTIA holders, and these tokens will be distributed within the next 150 days. $BTC $ETH $BNB
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