📊 ETH Short Positions Explode

CryptoQuant reports that ETH/USD short positions on Binance have surged +500% since November 2024. 📈

🔎 Analysts say conditions for a short squeeze are now “extremely favorable” — a setup that could trigger a parabolic ETH rally if bears get forced to cover.🚀

Monero tumbles over 10% amid 51% attack fears! 🙀

Earlier today, the Qubic mining pool — led by Sergey Ivancheglo — briefly controlled more than 52% of Monero’s hashrate (~ 3.0 GH/s), sparking alarm over a potential 51% takeover that could enable chain rewrites, double-spends, or transaction censorship. 😳

🕵️‍♂️ Industry experts, including SlowMist’s founder and Ledger’s CTO, warned that the attack appears to have succeeded; however, Qubic claims this was a transparent technical demonstration, not a malicious exploit

📉 Monero dropped 10% as the community mobilized defenses—urging miners to shift toward decentralized pools like P2Pool to reduce centralization risk.

Bitcoin sellers outpace buyers by a staggering $350 million in market orders—marking a 3.5-year record!

Historically, such extreme sell-side dominance has often preceded major corrections or the onset of broader downtrends. 📉🤔

🚀 Circle unveils ARC: a powerful new Layer-1 built for stablecoin finance!

🔹EVM-compatible blockchain, tailored for USDC-based applications.
🔹USDC is the native gas token—no need for ETH to pay transaction fees.
🔹Packed with a built-in FX engine, enabling near-instant settlements.
🔹Opt-in privacy: users choose when transactions stay private.

Public testnet is launching this fall, with full integration across Circle’s ecosystem and partner chains like Binance, FIS, OKX.

This follows a strong Q2 2025: USDC circulation jumped 90% YoY to $61.3 B, revenue rose 53%, and adjusted EBITDA grew 52% 📊

🚀 ETH hits $4,600!

Massive whale activity is fueling Ethereum’s rally:

• A whale withdrew 21,000 ETH ($90.6M) from Binance.
• SharpLink acquired 5,226 ETH ($23.1M).
• 23,365 ETH ($104M) moved from Kraken to a new wallet.

📈 Global Google searches for “Altcoins” have reached an all-time high!

This signals a surge in retail interest as the crowd rushes in. 👥💵

🚀 Ethereum is closing in on its ATH — this morning it was just $250 away.

Meanwhile, Eric Trump reminded everyone he once advised buying ETH at $2,900… though it later dropped by 50% 😁

🔥 OKX has announced the burn of 65,256,712 $OKB tokens

According to the exchange, this move is part of the X Layer upgrade and $OKB gas optimization.

The token instantly surged by +200% — a daily jump rarely seen even among memecoins. 🚀

💰 Donald Trump has earned $2.4B from crypto since 2022 (The New Yorker):

▪️ $14.4M — NFT collections
▪️ $412.5M — World Liberty Financial (WLFI)
▪️ $243M — UAE deals (Binance investments)
▪️ $13M — mining via American Bitcoin
▪️ $1.3B — Trump Media & Technology Group (BTC reserves)
▪️ $385M — meme coin Official Trump ($TRUMP)
▪️ $65M — meme coin Melania ($MELANIA)

📈 With ETH surging, traders are now expecting a full altseason in September–October 🍂

The market seems to be following the classic cycle: BTC pump → ETH pump (now) → altseason. 🚀

Let’s just hope November doesn’t bring a correction. 👀

💸 Estonian banker loses $1B in ETH!

Rein Lōhmus, co-founder of LHV Bank, bought 250,000 ETH for $75K during the 2015 ICO at $0.30 each. Today, that stash is worth over $1.16B — but there’s a catch: he lost the private key. 🔎🗝

Since the ICO, the wallet has never been touched, and Lōhmus admits he has no way to recover access. Back then, hardware wallets were rare, and secure storage wasn’t top of mind. 👀

Now, it’s one of the world’s most expensive forgotten password. 🤷

📊 Fed Rate Cut Odds Soar!

The probability of a Fed rate cut on September 17 has reached 96%.

💎 Meanwhile, Bitcoin hovers around $120,000—all before the rate drop! 🤩

Markets are buzzing as investors anticipate major moves.

💰 Bitcoin Nears Record High vs Gold

1 BTC is now worth 35.77 troy ounces of gold, closing in on its all-time high of 40.07 ounces set in December 2024 (longtermtrends.net).

The digital gold is once again challenging the real one. 💪

💥 Radiant Capital Hacker Doubles Loot!

🥷 The attacker who stole $51M from Radiant Capital swapped the funds for 21,957 ETH right after the hack.

Thanks to Ethereum’s price surge, the stash is now worth about $102M. 💰📈

The hacker has already sold 9,631 ETH at an average of $4,562, cashing in roughly $44M.

🚀 BNB Hits New All-Time High

Binance’s native token BNB has set a new record, breaking above $866 for the first time. 🎉

Its market cap now exceeds $120.6B, securing 5th place on CoinMarketCap — behind only Bitcoin, Ethereum, XRP, and USDT. 📊

🦊 MetaMask Prepares to Launch Its Own Stablecoin

MetaMask, with 30M+ monthly users, is set to unveil details of its USD-pegged token mUSD this week, with launch expected by month’s end. 🚀

The project involves Bridge (acquired by Stripe) for payments integration and Blackstone for custody & treasury management.

Like other big players, MetaMask aims to tap into yields from underlying stablecoin assets such as U.S. Treasuries. 🇺🇸🏦

⚠️ FedWatch Alert!

Markets now price a 100% chance the Fed will cut rates in September: 97.8% probability for a 0.25% cut and 2.2% for a deeper 0.5% mov 🔥