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According to a report by Digital Asset cited by Jinse Finance, BlackRock has transferred BTC and ETH worth $366 million to an exchange, suggesting a potential large-scale sell-off. Data from LookOnChain shows that on August 21, BlackRock moved 1,885 Bitcoins and 59,606 Ether to an exchange, with a total value of $366 million. The market is divided in its interpretation of BlackRock's asset transfer. Some analysts believe this may simply be a portfolio rebalancing, while others think it could reflect weakening sentiment among institutional investors. BlackRock's large-scale transfer of digital assets has heightened market anxiety, especially as Federal Reserve Chair Jerome Powell is about to deliver a speech. According to CoinMarketCap data, on August 22, Bitcoin was trading at $112,975.31, down 0.61% from the previous day; Ethereum was trading at $4,280.45, down 0.22%.

Foresight News reports that the first batch of 30 projects has launched on Flipflop, showing steady growth. Deployed on the Solana chain, Flipflop distinguishes itself from many other launch platforms as the first truly fair launch platform to adopt Bitcoin’s halving and difficulty adjustment mechanisms. Flipflop resists extreme price volatility, advocates for gradual upward movement, and rewards consensus communities, long-term builders, and long-term holders. The platform protects IP reputation and fan communities through the URC invitation code and a Refund mechanism that allows for refundable participation, with all minting fees used to provide liquidity. Its social mechanisms establish community self-governance and ecosystem expansion functions, and in the future, tokens can even be launched automatically via AI.