Data: There Are Only 5.4 ETH Left in the BALD Liquidity Pool, and the Token Has Dropped by 95.38% in 24 Hours

Glassnode data shows that there are 46,245 addresses holding more than 100 ETH, an eight-month low.

Launching a token can be a complex process, as it can attract both early adopters and opportunistic investors. This can be problematic if the tokens also serve as a voting mechanism for the project's future. To ensure product-market fit, data can be used to understand user trends and identify potential farming.

Chainbase is an all-in-one Web3 data infrastructure for indexing, transforming, and leveraging on-chain data at scale.

According to data from Circle’s official website, from June 30 to July 6, Circle issued a total of about 800 million USDC, redeemed about 1.3 billion USDC, and reduced circulation by about 400 million. As of July 6, the circulation of USDC was 27.5 billion, and the reserve fund was 27.6 billion US dollars.

Jiang Guofei, senior vice president of Ant Group, said at 2023WAIC that the development of blockchain in the future will be the integration of multiple technologies, the integration of data and reality, and openness and win-win. He believes that industrial digitization is the core area of the digital economy, and data elements will become the key link of industrial digitization. As an innovative digital technology, blockchain plays an important role in building a trust system and promoting industrial collaboration between institutions. Future blockchain development trends include multi-technology integration and digital-real integration.

Branche is a Web3 data engine dedicated to creating open, private and undetectable data that is designed to reduce the cost of entry for Web2 users.

CHATDATA INSIGHT is a groundbreaking Web3 data analytics project. It hopes to change the way users access and analyze blockchain data by leveraging artificial intelligence and conversational chat models, especially the advanced features of GPT.

As the 2024 United States presidential election approaches, candidates are elaborating on their plans to address the cryptocurrency sector. Michael Saylor, the executive chairman of MicroStrategy, commissioned a Twitter poll to gauge whether voters believe a presidential candidate must support their right to Bitcoin to secure their vote. The poll received almost 30,000 responses, with 84% of voters responding 'Yes' to the question. Cryptocurrency regulation has become a topic of discussion among presidential candidates from both parties, with some highlighting their intent to develop the sector if elected into office.

The decentralized social network, Mask Network (MASK), aims to connect Web2 and Web3 apps. The token has experienced a price increase of over 10% in the past 24 hours and 17% in the last two weeks, with a current price of $4.40. This surge in price could be attributed to the project's investment in The Open Network (TON) and the broader cryptocurrency market, with Bitcoin trading above $27k again. Analysts predict that the token could potentially surge even higher, with the potential for a price breakout of over 60% to $7.20 if it breaks and maintains momentum above the upper resistance of the channel pattern.