7*24

Hot topic

Market

Activities

BEARS STACK RECORD SHORTS ON AI SECTOR AHEAD OF CRITICAL EARNINGS SHOWDOWN 🚨 $AI Short sellers are pressing heavy bets into the AI market with short interest reaching historic highs around 20% of free

On August 26, City Protocol, an on-chain structured product infrastructure, announced the completion of its seed and Pre-A funding rounds, raising a total of $11 million. Investors include Dragonfly, 

City Protocol Secures $11 Million in Funding from Dragonfly, Jump Crypto, CMT Digital, and Others

HTX Creation Challenge — Post and Win 1,500UBitcoin's Cryptography Could Be Cracked One Day, BitGo CEO Says Bitcoin’s quantum-computing risk is real, but the technology needed to threaten the cryptocu

HTX Creation Challenge — Post and Win 1,500U

Bitcoin's Cryptography Could Be Cracked One Day, BitGo CEO Says
Bitcoin’s quantum-computing risk is real, but the technology needed to threaten the cryptocurrency’s cryptographic security remains far from practical, according to BitGo co-CEO Mike Belshe.

During his appearance on Fox Business, Belshe said there are currently no quantum computers capable of posing an immediate threat to Bitcoin.

However, he did acknowledge that the industry is already working on technologies that are meant to address the long-term risk.

He noted that existing quantum systems remain extremely limited compared. "We only have, like, quantum computers that theoretically work, so single digits to 100, so we’re really far away," he said.

The BitGo executive argued that the threat should not be viewed as an immediate danger. "I think it’s good news for the digital asset industry, which is that at this point there’s new investments coming in, digital billions of dollars, money, the claims money, etc.," Belshe said.

BitGo has already launched a quantum-resistant wallet, but Belshe acknowledged that the technology is still evolving. "So, we have BitGo launch a quantum-resistant wallet. It’s not perfect, and there’s more changes that need to happen," he said.

Is this the end of the crypto winter?

Belshe said the industry should expect significant volatility. "The industry goes through ups and downs, and we’re changing the way the financial system works," he said.

"Stuff takes time," Belshe added. "Traditional markets and market infrastructure run from scratch, from zero, and so as a result of that, it goes up and down."

Those who cannot handle significant price drops are not ready for massive gains, according to Belshe.

"If you’re not ready for a 20% drop, you certainly aren’t ready for 600% gains," Belshe said.




Discuss Hot Assets , Enter the Lucky Draw

World Cup Predictions: 100,000 USDT Daily

Bitcoin's Cryptography Could Be Cracked One Day, B

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UTop Crypto Losers Today Token Price 24h Change Market Cap Bitway (BTW) $0.4089 -12.7% 

 Trending Token Price Prediction Challenge

Top Crypto Losers Today
Token

Price

24h Change

Market Cap

Bitway (BTW)

$0.4089

-12.7%

$1.092B

Velvet

$0.1274

-10.4%

$59.199M

Monad (MON)

$0.02775

-9.8%

$330.599M

Data from CoinGecko, as of the time of writing.

Why is Bitway Price Down Today?
Bitway fell 12.7% today, now trading at $0.4089. The token ranged between $0.3577 and $0.4699 in 24 hours. Market cap dropped to $1.092 billion during the pullback. Volume held at $22.676 million as selling pressure built. 



BTW/USD price chart coingecko

Source: BTW price chart CoinGecko

A broad rotation out of altcoins is the main driver here. Capital is retreating into Bitcoin as sentiment turns risk-off. No coin-specific catalyst showed up in today's available data. This looks like a sector-wide move rather than a Bitway-only issue.

Why is Velvet Price Down Today?
Velvet dropped 10.4% today, with the price now at $0.1274. Market cap slipped to $59.199 million during the drop. Volume reached $17.542 million as selling accelerated through the day. 

VELVET/USD price chart coingecko

Source: VELVET price chart CoinGecko

A high-leverage unwind triggered this decline. Cascading liquidations and aggressive short positions amplified the selling. Broader altcoin weakness added extra pressure on top. Velvet ranks among today's worst performers amid this risk-off shift.

Why is Monad Price Down Today?
Monad slid 9.8% today, now priced at $0.02775. Market cap dropped to $330.599 million on the move. Volume held at $57.255 million despite the pullback. 



MON/USD price chart coingecko

Source: MON price chart CoinGecko

A technical breakdown looks like the main trigger here. Price rejected a key resistance level and reversed lower. The broader market pullback added extra weight on top. A declining Altcoin Season Index shows capital keeps rotating away from names like this

Top Crypto Losers Today Token Price 24h Change

HTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Trending Token Price Prediction Challenge Can PENGU break past $0.0112? PENGU’s 10% daily gains, hike in trading volumes, and 

Can PENGU break past $0.0112?
PENGU’s 10% daily gains, hike in trading volumes, and greater whale involvement create a favorable environment for more upside.

The $0.012-resistance stands out as the next target for the market bulls. The unmitigated liquidity cluster worth $12.49 million around the price level could accelerate the altcoin’s bullish momentum.

Can PENGU break past $0.0112?

HTX 13th-Anniversary Carnival

On August 26, the recent Meme market remains in a high volatility rotation phase. After a collective strengthening of multi-chain hotspots yesterday, funds began to rapidly switch between networks suc

Meme Market Update: PONS Hits New Highs, Lobster Surges Over 80% Before Pullback, New Coins DTF and 

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Grayscale just launched the first-ever Zcash [$ZEC] ETF! The debut came days after it

Grayscale just launched the first-ever Zcash [$ZEC] ETF!

The debut came days after its 8-year high in token price, so will this development help the token soar further?

Grayscale launches first Zcash ETF
This is the first ETF offering direct exposure to $ZEC.

The fund, trading under the ticker ZCSH on NYSE Arca, is a conversion of the existing Grayscale Zcash Trust. Instead of holding $ZEC themselves, investors can now buy ETF shares through traditional brokerage accounts.


Source: X
It’s an interesting time for a launch like this. The token just rallied massively, and the network itself has gone through major security upgrades.

This has to do with the discovery of a critical vulnerability in its privacy system earlier this year. Developers responded with the Ironwood upgrade to help the network’s security and accounting mechanisms.

Before converting it into an ETF, the Grayscale Zcash Trust had more than $313 million in AUM.

Grayscale has previously converted several of its crypto trusts into ETFs. This includes its Bitcoin [BTC] and Ethereum [ETH] products, following its legal battle with the U.S. SEC over spot crypto ETFs.

Since then, the firm’s offerings have gone on to include Ripple’s $XRP [$XRP], Solana [SOL], and Litecoin [LTC] ETFs.

$ZEC price pushes up
Ahead of the ETF entry, $ZEC hit eight-year high near $867; up sharply from around $500 earlier in August. However, there has been some slowing down since, with the token at $822 at the time of writing.


Source: TradingView
$ZEC futures open interest [OI] went up to above $1.2 billion, while funding rates stay positive. There is continued bullish positioning.


Source: Coinalyze
The next few sessions will be important in deciding whether the ETF launch can extend the rally, or if the recent surge was already priced in.

Final Summary
Grayscale launched the first Zcash ETF, soon after $ZEC hit an eight-year high.
Traders are watching if ETF demand can help the next leg of the rally.

Grayscale just launched the first-ever Zcash [$ZEC

JUST IN: Alibaba Cloud’s Token Plan now integrates with Qianwen, enabling use of subscription quota across Work Assistant tasks like docs, browsers, and office apps. $BABA token implications unclear; 

JUST IN: Alibaba Cloud’s Token Plan now integrates with Qianwen, enabling use of subscription quota across Work Assistant tasks like docs, browsers, and office apps. $BABA token implications unclear; watch for enterprise AI toolchains shift.

JUST IN: Alibaba Cloud’s Token Plan now integrates

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500UCrypto Price Prediction for Today, August 26: Polygon (POL), XRP, and PEPEPolygon (POL

Crypto Price Prediction for Today, August 26: Polygon (POL), XRP, and PEPEPolygon (POL), XRP, and PEPE enter August 26 with very different technical setups despite sharing one important feature. All 3 cryptocurrencies are facing price levels that could decide their next move during today’s session. POL has maintained a stronger upward move, whereas XRP and PEPE remain trapped inside wider consolidation ranges.

The indicator readings also provide some useful clues about where buyers and sellers currently have more control. A closer look at each coin shows why today’s key support and resistance levels could become especially important.

Crypto Price Prediction for Today, August 26: Poly

Trending Token Price Prediction ChallengeHTX 13th-Anniversary CarnivalHTX Creation Challenge — Post and Win 1,500U Ripple (XRP) Just Posted a Huge Network Jump: Here’s the Level That Matters Now $XRP 

Ripple (XRP) Just Posted a Huge Network Jump: Here’s the Level That Matters Now

$XRP has flipped the script this week, emerging as one of the market’s strongest performers after weeks of lackluster performance. The crypto asset briefly tapped $1.76 before stabilizing near $1.50.

A sharp rise in network participation has now added fresh weight to the rally.



Ripple (XRP) Just Posted a Huge Network Jump: Here

DOGE USDT&nbsp;<br>TAKE PROFIT ●.1465 (100%)

FT

Semua Komentar0TerkiniHangat

Topik Trending