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06:17
Sonic adjusts its marketing strategy, shifting from giveaway-style campaigns to substantive partnerships.
Foresight News reports that Sonic has announced an adjustment to its marketing strategy, ceasing marketing activities that primarily involve giveaways and shifting focus to strategic partnerships and ecosystem integrations that can generate tangible returns.Sonic stated that this adjustment stems both from existing inclinations within the team and feedback from community users. Sonic also clarified that marketing relating to popular content will continue, and the ongoing World Cup Challenge activity will proceed as planned; however, similar activities will no longer be a priority going forward.
06:15
Bitcoin exchange inflows are 50% higher than in February, and the SOPR remains below 1.0.
CryptoQuant analyst Axel Adler Jr. pointed out that the 30-day average Bitcoin inflow to exchanges has risen to 122,000 coins, about 50% higher than the average during the February sell-off period, and is approaching the upper limit of 131,000 coins. During the same period, Bitcoin price fell from $77,000–$78,000 to around $59,000. The 30-day average SOPR has dropped to 0.99, staying below the key level of 1.0, indicating that the market is in an overall state of realized losses. From May to July, the SOPR indicator was below 1.0 on 37 out of 61 days.
06:14
The Competition and Markets Authority (CMA) of the United Kingdom has officially launched a merger investigation into the proposed acquisition involving Liberty Global, Telefónica, and InfraVia Capital Partners.
This investigation aims to assess whether the acquisition may significantly weaken competition in the UK market. The regulatory agency will review the potential impact of the deal on the relevant markets and invites stakeholders to submit their opinions within the specified timeframe. The launch of the investigation marks that the transaction will face strict regulatory scrutiny to ensure compliance with fair competition principles. The final decision will be based on a comprehensive analysis of market structure, consumer interests, and potential competition impacts. Relevant parties are required to cooperate with the regulatory agency by providing necessary information to advance the investigation process.
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