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.

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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.

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.

Billionaire investor Tim Draper has thrown his weight behind a new accelerator that is meant to turn Cardano-based startups into investor-ready companies. 

Draper University, the Silicon Valley entrepreneurship program founded by billionaire venture capitalist Tim Draper, has partnered with Cardano and the Orion Fund on the Apex Growth Accelerator.

Applications for the 10-week program close on Sept. 1. The program is scheduled to begin Oct. 5. 

The initiative is quite a big deal because it is designed for startups that already have something substantial to build on. 

Draper University’s own description calls Apex a growth accelerator for “investor-ready startups.” 

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The program is powered by Orion Fund, an $80 million ecosystem fund launched earlier this year by Cardano and Draper Dragon.  

The fund is specifically designed to invest in companies building around Cardano. 

Draper University is the fund’s acceleration partner. It helps to create a pipeline of startups that could eventually get funding from the Draper network. 

The organizers say they are looking for companies working on DeFi infrastructure, real-world assets, as well as some other areas. 

Draper University’s current program allows companies to receive up to $70,000 in investment, with a target of 3.5% equity. The program is structured around an investment relationship. 

It also gives founders access to Draper University’s Silicon Valley network. Participants will be based at Draper University and work alongside other founders. 

Draper has long been associated with early investments in major technology and cryptocurrency companies. 

As reported by U.Today, the early Bitcoin backer recently predicted that the price of the leading cryptocurrency could surge all the way up to $250,000. 

The Head of Community at the XRPL Foundation and dUNL validator Vet announced the upcoming launch of native lending and privacy tools on the XRP-oriented blockchain, publishing a detailed breakdown of the forthcoming upgrades.

In short, XRPL is switching to a fully autonomous mode and rolling out a built-in DeFi stack that will allow institutions and retail investors to operate directly out of the box, bypassing third-party smart contracts, bridges, intermediaries and additional fees.

In addition to the network's existing DEX infrastructure, including an order book and AMM, as well as tokenization and compliance controls, the XLS-0096 amendment introduces the concept of "accountable privacy" based on the Multi-Purpose Token (MPT) standard.

All of it ready out of the box, without a tax collector or middleman with institutions and retail users bootstrapping XRP Ledger Orderbook + AMMXRP Ledger Tokenization XRP Ledger Compliance featuresand upcoming XRP Ledger CreditXRP Ledger Privacy Building a strong…

— Vet (@Vet_X0) August 25, 2026

The technology encrypts balances and transaction amounts from third parties while preserving transparency for issuers and regulators. The tool is also enhanced by Permission Delegation, which allows banks and funds to securely delegate trading on private DEXs (pDEXs) to their traders or bots without exposing wallet private keys.

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XRPL's lending sector is being developed through the XLS-65 and XLS-66 amendments, while its main commercial driver is Ripple's official partnership with DeFi platform Clearpool and asset management firm Cicada Partners.

The alliance is launching institutional lending pools backed by the native RLUSD stablecoin, or Ripple USD, where major market participants will be able to borrow at fixed interest rates directly through the ledger.

For retail XRP holders, the integration of this stack opens up three direct opportunities. First, the XLS-65 amendment, which introduces single-asset vaults, allows ordinary users to deposit their coins into liquidity pools and earn interest from lending alongside major funds.

Second, the launch of Clearpool credit lines brings institutional capital into the ecosystem and increases total value locked, or TVL.

Third, the integration of digital credentials through XLS-70 allows users to complete mandatory compliance checks for access to liquidity pools with a single click while keeping their personal data completely hidden from third parties.

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According to Vet, developers built this entire infrastructure throughout both bull and bear markets with one goal in mind: once the amendments are approved, retail XRP holders and major funds will be in the same boat, gaining access to liquidity, loans and data protection directly at the wallet level rather than through workarounds provided by third-party applications.

XRP is seeing a sharp increase in leverage on Binance. 

It has raised the risk of larger price swings.

According to data shared by CryptoQuant, Binance’s XRP estimated leverage ratio has climbed to approximately 0.213, its highest level in more than seven months. 

The indicator measures the amount of leverage that is used relative to exchange reserves. It shows a significant increase in traders’ appetite for risk.

Traders are willing to use borrowed funds to establish larger XRP positions.

A CryptoQuant contributor has noted that the increase could have both bullish and bearish implications. 

If higher leverage is accompanied by rising XRP prices and open interest, it could indicate growing confidence and the opening of new positions.

However, elevated leverage can also make the market significantly more vulnerable to liquidations.

XRP is currently trading around $1.46, down nearly 3% over the past 24 hours. Open interest stands at roughly $3.62 billion, with Binance accounting for about $2 billion.

Liquidations have also picked up alongside the recent pullback. Approximately $18.9 million worth of XRP positions were liquidated over the past 24 hours, with long positions accounting for about $15 million of that total.

The derivatives market is heavily skewed toward long positions. Binance’s XRP long/short ratio by accounts stands at roughly 2.41, while the ratio among top traders is above 2, indicating a strong preference for bullish exposure.

Renowned technical analyst and Factor LLC CEO Peter Brandt has publicly challenged the reliability of Binance's trading infrastructure. The industry veteran's criticism was prompted by a deep, isolated anomaly in Bitcoin's price.

During trading on Saturday, Aug. 22, a localized price dislocation triggered a cascade of forced liquidations and knocked out retail clients' protective orders, while trading on competing platforms continued as usual.

The market drawdown on Binance instantly escalated into a localized flash crash. On the one-hour BTC/USD chart, an extreme downward wick formed as the price plunged to $72,500 within seconds, while the broader market remained near $79,000.

A comparison with charts from the U.S.-based Coinbase exchange confirms the anomalous nature of the move. During the same hour, Bitcoin's lowest price on Coinbase remained at $75,800, producing a $3,300 interexchange spread. This artificial price discrepancy was enough to completely wipe out the margin collateral of open positions and trigger stop-loss orders exclusively for Binance clients.

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Commenting on the incident on social media, Peter Brandt called it another Binance "boondoggle" that caused ordinary retail traders to get "stopped out" far below the actual market lows.

According to the analyst, the platform had once again found a way "to push its customers over the cliff." Brandt emphasized that the exchange already has a "history of historically gruesome stop-outs," recalling a similarly severe incident on Oct. 10, 2025.

Behind the visual movement on the chart lies the mechanics of the fragmented cryptocurrency market, where liquidity is divided among independent private companies. When, for example, a large market sell order hits Binance, an instant vacuum emerges in the exchange's local order book: there are simply not enough buyers at the current prices at that exact moment.

An automatic domino effect then begins. The initial price decline forces the exchange's algorithms to liquidate traders' leveraged positions. Each forced liquidation instantly releases new sell orders into the market, creating a snowball effect that drags the price down toward $72,500.

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The incident clearly demonstrates that tying protective orders to the local "Last Price" carries critical risks during periods of insufficient liquidity. The only reliable protection against isolated market wicks remains the use of a weighted, market-wide Mark Price.

Ethereum has continued to expand its dominance in the stablecoin market amid rising demand from investors, fortifying its position as the leading blockchain for stablecoin transactions.

As momentum keeps building in the Ethereum ecosystem, the blockchain has continued to see rapid adoption and consistent growth in activity across both its spot and DeFi markets.

Latest data from Token Terminal shows that the Ethereum blockchain has added about $400 million in its stablecoin market capitalization within just 24 hours.

This shows that Ethereum now holds about $162.3 billion worth of stablecoins out of the total $297.8 billion stablecoin market cap available as of August 25.

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While the total stablecoin market capitalization currently stands at around $297.8 billion across 46 chains, this shows that Ethereum holds 54.5% of the total stablecoin market.

This positions Ethereum as the largest blockchain for stablecoin activity, as it sits far ahead of Tron, which ranks second on the list, holding about $93.2 billion in stablecoins. Tron accounts for 31.3% of the stablecoin market share.

While the rapid increase in Ethereum's stablecoin market share signals growing adoption, the blockchain also boasts rising network activity following its recent price breakout.

With stablecoins consistently being used across DeFi, payment solutions, and institutions, Ethereum has continued to prove itself as a major settlement layer for stablecoins.

Nonetheless, Solana has also seen decent adoption in the stablecoin market, ranking third with about $14.6 billion in stablecoin market capitalization. 

Dog-themed crypto Shiba Inu is largely unchanged on a daily basis and is now trading at $0.0000054.

The significance of this level is that it coincides with the daily MA 200, a resistance level that has hindered Shiba Inu's price rally since September 2025.

The price action on the daily chart has produced a candlestick with a nearly invisible real body at the lower end and a long upper shadow with little lower shadow, signaling that buyers are beginning to test seller momentum.

Initial buyer strength had driven Shiba Inu's price up in today's trading session to a high of $0.0000057, creating the long wick. Then sellers regained control, pushing its price to a low of $0.00000535, with Shiba Inu recovering above it.

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The current doji pattern signals that neither buyers nor sellers have taken clear control, and this could pave the way for a bigger move once the market decides which direction to take.

The appearance of a doji on the Shiba Inu chart suggests the market is struggling to establish a clear short-term direction, but as it stands, the advantage lies with the bulls, or buyers, as indicated by the daily RSI.

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The daily RSI is currently at 63, a positive territory that is beneficial to buyers. The current requirement for SHIB is for it to sustain above the daily MA 200 at $0.0000054. It will be watched to see if Shiba Inu will convert this level, which was prior resistance, into support.

If this is achieved, Shiba Inu might target $0.00000622 and $0.0000066 in the short term; an extended rally might aim for $0.000013, which will remove a zero from Shiba Inu's price.

Shiba Inu is currently up 22% weekly following a sharp increase in the past week. Shiba Inu rose as much as 40% during the rise, climbing from $0.00000492 to $0.00000622 on Saturday.

Market sentiment is heating up, with the Crypto Fear & Greed Index currently at 81, a yearly high.

Dogecoin seems to have broken a recurring streak of $0 ETF inflows, as interest seems to be returning to the market.

According to SosoValue data, the group of Dogecoin ETFs recorded another day of inflows: the daily total net inflow came in at $146,020 on August 24. Dogecoin ETFs had recorded a day of inflows of $654,420 on August 20.

This remains significant, as Dogecoin had in prior times seen a lengthy streak of zero inflows following a day of inflow or outflow. An instance was seen earlier in August: after recording an inflow of $82,640 on August 4, Dogecoin ETFs marked six days of zero inflows before seeing a negative inflow of $568,840 on August 13. This was again followed by days of zero inflows before Dogecoin ETFs saw an inflow of $654,420 on August 20.

Now, between August 20 and 24, Dogecoin has marked two days of positive inflows in three days (excluding two days, Saturday and Sunday, as ETFs do not trade during weekends).

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This might suggest that interest is gradually returning, but a sustained streak of inflows may be needed to confirm this trend.

Dogecoin tested the $0.1 level in a five-day price run but quickly retreated, confirming the level as resistance.

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The dog cryptocurrency started to surge from a low of $0.069 on August 19, breaking above the daily MA 50 and 200 that had been capping its price since late 2025.

The rally reached $0.1 on August 21, where bulls ran out of steam. Dogecoin's price retreated and now faces a crucial price test as it hovers above the daily MA 200 at $0.089.

Bears are trying to pull Dogecoin below this level, which might potentially drag its price to the daily MA 50 at $0.073.

At the time of writing, Dogecoin was down 3.24% in the last 24 hours to $0.0898 amid profit-taking as traders weighed Cleancore's decision to exit its Dogecoin treasury strategy with a $33.4 million DOGE sale to fund an AI pivot.

Shiba Inu (SHIB) token is trying to find a new bottom, but in a good way. The token's market capitalization has stabilized around $3.22–$3.26 billion, and this level is turning from a major obstacle into reliable new support for the price.

According to TradingView, SHIB has finally settled above its 200-day moving average — the red line on the chart. This happened for the first time in all of 2026. In effect, the coin is completely erasing its brutal 11-month decline and ending the bearish cycle that had been running since September last year.

The reasons for optimism are not purely technical. The recovery is supported by a strong news backdrop. First, SHIB is officially entering Japan's regulated market. The local regulator, the FSA, granted a crypto service provider license to Laser Digital — a subsidiary of traditional financial giant Nomura — and included SHIB among the assets approved for institutional investors.

https://u.today/shiba-inu-shib-hits-50-million-in-futures-market-can-it-go-even-higher

Second, a powerful short squeeze in the futures market helped. Bears betting against crypto were liquidated to the tune of $3.1 billion. To close their losing positions, they had to urgently buy the token on the market, pushing its price higher.

At the same time, SHIB is breaking every historical stereotype. According to its price history, the end of summer has usually been dull for the coin, but this August has delivered a 15.9% gain. This is its best result in five years and has pushed the token's total third-quarter return to a record 30.1%.

Shiba Inu currently ranks 28th globally on CoinMarketCap. After reversing its macro trend and establishing a new floor at $3.26 billion, the token is ready to move past its competitors and is already set to flip them. 

It needs to grow by only 0.6% to overtake Avalanche (AVAX) and by less than 1.2% to displace Sui (SUI). Daily trading volume of $146.2 million shows that there is liquidity in the asset.

https://u.today/is-ethereum-eth-3000-target-possible-bitcoin-btc-may-revisit-70000-shiba-inu-shib-wants-more-crypto

The defense of this level is happening at exactly the right time. The fourth quarter lies ahead, while October has historically been SHIB's most explosive month, with an average return of 167.5%. With the current base holding firm, the coin has every chance to return to the top 25 this autumn.

Bitcoin climbed back above $81,000 on Tuesday after suffering a sharp rejection around the $80,000 level a day earlier, putting the key psychological threshold back in focus as bulls attempt to extend the recovery.

The $80,000 mark has emerged as a major test for Bitcoin. 

On Monday, BTC made two attempts to break through the level, with rallies toward $80,000 shortly before 11:30 and again after 12:15 met by heavy selling. 

The rejection sent Bitcoin down roughly $1,500, with the price falling below the $79,500 support level before finding a local bottom above $78,400.

Bitcoin subsequently recovered, and the cryptocurrency pushed above $80,000 again on Tuesday. 

Market analyst James Stanley has noted Bitcoin had moved sharply toward the level before snapping back. The latest move above $81,000 could therefore be important for determining whether bulls can finally establish a sustained breakout.

$BTC 80k wicked right underneath the level and then snap backI know a lot of people esp non technicians abhor psych levels but esp in a market like $BTCUSD the 'what' is far more important than the 'why' https://t.co/gjvxMQlRdZ pic.twitter.com/bpNlYxGfq0

— James Stanley (@JStanleyFX) August 24, 2026

Notably, Bitcoin is now only about $2,000 away from making its first higher high, which could be a substantial technical win for the bulls. 

The rally has already put pressure on bearish traders. Lookonchain reported that two Bitcoin short positions were fully liquidated after BTC broke above $81,000, with the positions representing a combined 101 BTC, or about $8.14 million.

Some large traders, however, have been taking profits. Lookonchain said two wallets, potentially belonging to the same whale, closed Bitcoin longs after holding them for nearly two months, locking in approximately $11.6 million in profits.

Market sentiment has consequently moved further into bullish territory. The Bitcoin Fear and Greed Index stood at 74, indicating greed. 

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Still, the $80,000 level remains crucial. Bitcoin's ability to hold above it after repeatedly failing to break through could determine whether the current rally develops into a broader trend reversal. 

The volume of SHIB futures on OKX alone has surpassed $50 million, indicating a significant increase in speculative activity for Shiba Inu. The development indicates that derivatives traders are still heavily involved despite the subsequent cooldown and comes soon after the token's sharp price expansion. 

OKX is by far the largest individual contributor displayed in the SHIB volume heatmap, with about $52.27 million in futures volume. Bitget records $10.97 million, MEXC records $12.66 million, and LBank records $22.42 million. The concentration on OKX is noteworthy because it indicates that a single trading venue accounts for a sizable portion of the current SHIB derivatives activity. 

Nevertheless, futures volume by itself cannot determine whether traders are primarily bearish or bullish. Since counterparties are involved in every derivatives transaction, increasing volume mainly indicates increased speculation and participation. The timing is especially crucial. 

Recently, SHIB made an incredible daily move from about $0.0000045, briefly surpassing $0.0000060 before losing some of the gains. At the moment, it trades at about $0.00000547. One of the biggest volume spikes seen on the daily chart in recent months coincided with the first breakout. In terms of technology, SHIB has advanced significantly. At roughly $0.00000462–$0.00000495, the token is still above its shorter-term moving averages. 

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The long-term moving average close to $0.00000573, however, continues to be a direct barrier. SHIB managed to push through this level for a brief period of time but was unable to maintain a position above it. After momentarily entering overbought territory, the RSI has cooled to about 63, which lessens some of the immediate overheating without destroying the bullish momentum structure. 

Thus, the next big test is located between $0.0000057 and $0.0000060. A daily close above this range might expose the $0.0000062–$0.0000065 area and transform the recent spike into a more convincing structural breakout. SHIB would be at risk of another retracement toward $0.0000050 and possibly the moving-average cluster below if it were unable to recover it. 

For the time being, the $52 million OKX futures figure unequivocally shows that traders have reentered SHIB. Whether buyers can eventually get past the long-term resistance directly overhead will determine whether that activity results in another price increase.

XRP has continued to see growing network participation as its recent price breakout has massively reignited interest across the crypto ecosystem and traders are increasingly engaging with its network.

With XRP still maintaining momentum, the asset has just witnessed a dramatic increase in user activity on the XRP Ledger, drawing attention from market analysts.

Notably, data provided by onchain analytics platform Santiment shows that the number of active addresses on the XRP Ledger has jumped massively by 659% over the past three days.

This is coming after the leading altcoin finally regained strength after multiple weeks of extreme volatility. With momentum building again, the data further showed that addresses on the XRP Ledger surged from 47,180 to 358,330 in just three days.

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Although recent data already shows rising activity across the XRP Ledger, especially since its price began to surge last week, the increase seen over the past three days is significant.

Notably, active addresses on the network averaged around 35,700 per day in August, up from about 26,400 in July. However, this metric suddenly soared to six figures on August 24, when it recorded daily active addresses of about 305,000.

While August was initially predicted to be one of  XRP's poorest performing months of 2026 due to trends seen in previous years, it appears that the tide has turned and August is about to become XRP's best performing month of 2026.

Apparently, historical data shows that XRP has delivered steady negative returns for most of the year, with only April and July showing modest gains of less than 3%. 

The asset made a dramatic turn this month as the recent price breakout has seen XRP deliver a massive gain of nearly 40% for August, the highest monthly return registered since February 2025.

In August, XRP's price surged by around 40%, climbing toward the $1.48 mark. According to CryptoRank, this month has already officially become the coin's most profitable August in the past five years, completely reversing the severe spring–summer decline.

However, despite the current parabolic momentum, the Bollinger Bands charts on TradingView indicate that the next major opportunity for a long-term entry into the asset could emerge if the price returns to the key technical level of $1.14.

What looks like a sudden surge from the outside appears on TradingView charts as a classic release of accumulated energy. For several months, XRP's volatility had been declining, squeezing the price below a heavy ceiling.

During this process, the $1.1470 level acted as strong resistance for a long time, preventing the asset from moving higher while the price hovered around $1.00 throughout the summer. This week, the prolonged Bollinger Bands squeeze finally ended: the price broke through this resistance level from below with a powerful impulse, surged above the indicator's upper band, and settled at $1.4853.

Since trend-strength indicators such as the RSI on higher time frames remain in neutral territory, at around 49–55 points, the market is not critically overheated, and the current rally still has room to continue. 

Right now, the main macro target for the bulls is a breakout above the monthly Bollinger Bands midline near $1.98, which would open the way for a return to the $2.40–$3.20 range.

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At the same time, the broken $1.1470 level is now changing its role and becoming the ultimate re-entry point. In the event of a local correction, this level will turn into the main strategic support: as long as the price remains above it, the long-term uptrend will remain protected from invalidation, while a potential retest of the $1.14–$1.24 zone will be viewed by the market as an optimal opportunity to accumulate more XRP.

XRP has seen an increase in network activity as a massive spike was recorded in active addresses.

In an X post, Ali, a crypto analyst, noted an explosion in XRP network activity with active addresses rising from 47,180 to 356,070, a 654.71% spike. This spike has implications; it indicates a sharp increase in network participation, which is usually accompanied by higher price volatility.

$XRP NETWORK ACTIVITY EXPLODED!Active addresses have surged 654.71%, jumping from 47,180 to 356,070.That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8a pic.twitter.com/1eJA319sJk

— Ali Charts (@alicharts) August 24, 2026

The timing of the increase is still significant given XRP's recent price movement. XRP's price has risen nearly 49% weekly in its best performance since November 2024.

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The payments-focused cryptocurrency rose more than 71%, from a low of $0.99 on August 19 to a high of $1.699 on August 22, beating Bitcoin, Ethereum, which are up nearly 24% and 31%, respectively, while SOL has rallied above 31%.

XRP's surge began after the Treasury said it would buy back $4 billion or more of its own long-duration (10- to 30-year) bonds on multiple occasions, with a significant amount of bearish bets cleared out due to the price rise.

XRP rose for five consecutive days from August 19 to 23, at one point reaching $1.699. The price slightly retreated, rebounded, and surged to a high of $1.55 early Tuesday. At the time of writing, XRP was trading at $1.48, as options hint at potential volatility for the rest of the month.

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Crypto options markets are pricing in potentially sharp moves across several major digital assets through August 30, with XRP carrying the widest expected range among Bitcoin, Ethereum, and Solana.

Coinbase Markets shared this in a recent post: "Crypto options imply these 1σ moves through Aug 30: XRP ±13.1%, SOL ±11.2%, ETH ±9.7%, BTC ±6.7%. XRP carries the widest premium to its median 7d move (2.65×), which market delivers?"

That means options traders are pricing in a much larger-than-usual move in XRP through Aug. 30, of up to 13.1%. That move could be higher or lower, as a 1σ range is not a directional prediction, but rather an indication of the magnitude of the move the options market is pricing in.

Solana has significantly outperformed XRP on the ETF market. Daily inflows of about $20 million, according to the most recent fund-flow data, certainly reflect the growing demand among institutional investors. 

As both assets attempt significant technical breakouts, the difference between them is certainly growing. In contrast to XRP, which only recorded $13.82 million in one-day net inflows, Solana products recorded roughly $33.49 million, according to the ETF data provided. 

For the session, that puts SOL ahead by about $19.67 million. However, the longer-term data paint a more nuanced picture. Solana has about $1.22 billion in cumulative net inflows, whereas XRP ETFs have amassed about $1.57 billion.

Additionally, compared to Solana's $1.21 billion in ETF net assets, XRP has about $1.44 billion. Consequently, rather than winning the entire ETF race, Solana is winning the most recent round. Nevertheless, given SOL's price movement, current demand seems especially pertinent. Solana broke through its major moving averages and shot up from the mid-$70 range to about $100. 

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Most significantly, SOL is currently trying to establish itself above the psychologically significant $100 threshold after clearing the long-term average at $89.45. During the breakout, volume increased significantly, lending the move more legitimacy. 

The primary concern is momentum; SOL is significantly overbought as the daily RSI has risen to about 87. It is still possible for the price to continue moving toward $104–$108, but it becomes riskier to chase the move without consolidation. XRP has experienced a similarly remarkable comeback, going from about $1.00 to about $1.48. 

Additionally, it has recovered its long-term moving average around $1.35, despite strong selling during an earlier wick toward $1.70. Overheated conditions are also indicated by an RSI close to 80. At a crucial technical juncture, the ETF numbers offer Solana an additional source of demand. 

In light of the assets' total market capitalization, the $20 million daily advantage over XRP is negligible, so it should not be considered the primary driver of SOL's increase. However, Solana's most recent breakout will have much stronger foundations if it continues to attract stronger daily ETF flows while keeping $89–$90 as support. Though Solana currently has the momentum advantage, XRP still leads overall.

The price of Zcash (ZEC) has reached an eight-year high, climbing to the $836–$857 range during a months-long rally. The asset has risen more than fourfold since the beginning of the year, completing its breakout from a prolonged trading range.

The latest price acceleration coincided with Grayscale's preparations to launch its spot Zcash ETF on NYSE Arca and the emergence of a new narrative directly linking the token's value to the rapid development of artificial intelligence.

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The main catalyst behind the discussion of why a privacy coin has become tied to the AI boom was a series of statements from Gemini founders Cameron and Tyler Winklevoss. Cameron Winklevoss directly linked the asset's long-term prospects to technological progress: "If you are bullish on AI then you are bullish on Zcash. In the age of super intelligence, private money is essential."

The logic behind this thesis is that the evolution of AI will lead to the complete automation of financial surveillance. In an environment where algorithms can instantly analyze public transactions, zero-knowledge tools such as zk-SNARKs, which conceal transaction details, are beginning to be viewed as a fundamental form of protection against AI-powered surveillance.

Tyler Winklevoss shifted the focus to the project's tokenomics, noting that Zcash's total supply is capped at 21 million coins — there are currently fewer whole units of ZEC in circulation than there are dollar millionaires worldwide. He also noted that developers could use AI to audit and improve the security of the network's code.

The second tangible driver accelerating Zcash's move toward an eight-year high has been Grayscale's conversion of its Zcash Trust into a spot ETF. The registration statement became effective on Aug. 24, and the fund is expected to begin trading on NYSE Arca today, Aug. 25, under the ticker ZCSH.

The trust has also been renamed The Zcash ETF. Grayscale intends to use 100% of the sponsor fees received from the fund for up to 12 months following the registration statement's effective date to market the ETF and support initiatives related to the development, marketing and education of the Zcash network.

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Despite the strong news backdrop, current market data points to risks of heightened volatility. The ZEC rally has been driven largely by the derivatives market — futures trading volume has reached $4.55 billion, while spot market volume stands at only $553 million. Such an imbalance means that the price is being driven by large leveraged positions, increasing the risk of sudden liquidations.

Another factor restraining institutional optimism is the global pressure from AML authorities on all privacy-focused assets.

The 365-day moving average around $83,000, which may prove to be one of Bitcoin's most significant technical tests, is now within striking distance of the asset thanks to its comeback. Bitcoin is currently trading between $80,000 and $81,000 after an incredible comeback from the $63,000 to $64,000 range. 

Several significant moving averages, including the long-term trend line close to $71,850, have already been crossed by Bitcoin on the daily chart. The next significant challenge is just a few thousand dollars away. The 365-day moving average is estimated to be around $83,057 by CryptoQuant. 

Because Bitcoin is currently trading below its annual average price, this level merits special attention. Therefore, recovering it would be a much stronger trend signal than breaking a level of short-term resistance. Additionally, the historical chart explains why $83,000 can be considered the "final boss" for Bitcoin right now. 

In the past, the 365-day average was a crucial barrier separating broader bullish and bearish structures. During its significant drop, Bitcoin lost the average and has not yet risen above it. However, there is a lot of risk involved in the immediate setup. The daily RSI for Bitcoin has increased to about 83, indicating that the market is well inside overbought territory. 

Additionally, Bitcoin has increased from about $64,000 to $80,000 with minimal consolidation. As a result, buyers might find it difficult to get past another significant technical obstacle right away. At this point, three scenarios stand out. A daily breakout above $83,000 followed by consolidation above the 365-day average would be the best outcome. 

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That would pave the way for a price between $85,000 and $90,000 and significantly bolster the claim that Bitcoin's overall trend has turned around. Instead, a cooldown toward $76,000–$78,000 would become more likely if $83,000 were rejected. The new bullish structure would still be compatible with such a retracement. 

If Bitcoin loses the recovered long-term support at $71,800, the more detrimental scenario begins. This would reopen the possibility of movement toward the upper $60,000 range and make the most recent vertical rally a far less convincing breakout. 

The majority of the challenging work has so far been completed by Bitcoin. The 365-day average is the point at which the recovery may grow into something much more significant.

Gemini is expanding its XRP offering in Singapore, according to a Monday announcement. 

allowing local users to deposit and withdraw XRP directly over the XRP Ledger (XRPL), according to Gemini CEO Tyler Winklevoss.

"Big news for the Ripple Army in Asia," Winklevoss wrote on X on August 25, announcing the new functionality for Gemini users in Singapore. 

Gemini already operates a broad crypto platform in Singapore. Its customers can fund accounts in Singapore dollars and trade and store more than 70 cryptocurrencies.

The exchange has substantially expanded its support for XRP-related products, while Winklevoss himself has become increasingly visible in promoting the asset.

In July, for instance, Gemini added XRP as cross-collateral for derivatives trading. It allowed users to use XRP alongside assets including BTC, Ether, USDT and GUSD.  

Gemini and Ripple launched an XRP edition of the Gemini Credit Card. The card offered users the ability to earn rewards in XRP, including up to 4% back on eligible purchases such as gas, EV charging and rideshare spending. 

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Gemini said the decision to expand its XRP offering was due to strong performance from rewards: users who had held their XRP rewards for at least a year saw them increase by 453%.  

Back in August, Winklevoss joked that Gemini would give Ripple CEO Brad Garlinghouse a "whale limit" on his XRP edition credit card. 

On November 5, Winklevoss called on the "XRP Army" to trade XRP perpetual contracts on Gemini in Europe. 

In December 2025, the exchange announced that RLUSD, Ripple’s dollar-backed stablecoin, could be deposited and withdrawn over XRPL. 

Back in 2020, however, Winklevoss was feuding with XRP Army members, slamming them as "dumb trolls." In March 2025, he said that he had "nothing against XRP, SOL, or ADA," but argued that none of them met his standard for inclusion in a strategic crypto reserve. 

Ethereum experienced one of the biggest technical changes in months, rising from under $2,000 to roughly $2,496 over the course of multiple trading sessions. As a result, the $3,000 target has come back into play, but before that level becomes the default, ETH still needs to overcome substantial resistance. 

The breakout from the extended consolidation between $1,850 and $1,950 is the most significant development. While its major moving averages remained in a bearish configuration, ETH had been stuck below $2,000 for the majority of July and August. That structure was suddenly altered by the most recent impulse. 

According to the daily chart, Ethereum has now recovered all of the major moving averages. The biggest technical barrier, the long-term average around $2,140, has been decisively crossed. Shorter averages continue to be significantly lower at $1,934, $1,974, and $2,082, forming a significant support structure below the current price. 

Additional confirmation is provided by volume. One of the biggest volume spikes seen since February coincided with the first breakout candle, indicating that significant market participation rather than thin liquidity supported the move. Nevertheless, the same acceleration causes a temporary issue. Ethereum is now firmly in overbought territory as the daily RSI has reached about 80.

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Additionally, without creating much support between $2,150 and $2,400, ETH has increased by about 30% from its pre-breakout range. Therefore, even in a bullish continuation scenario, a correction or sideways consolidation would be typical. The most recent advance has momentarily halted at $2,500–$2,550, which is the immediate resistance. 

A daily close above this region might reveal $2,600, with the $2,700–$2,800 range coming next. After that, $3,000 becomes technically feasible, which is an additional 20% increase over current prices. Ethereum should ideally defend $2,400 on shallow pullbacks in order to preserve the bullish structure. 

The more crucial structural support lies between $2,140 and $2,200. $3,000 is still a reasonable medium-term goal rather than an impractical extension as long as ETH stays above that recovered long-term resistance zone. 

Although Bitcoin has made a strong comeback toward $79,000, the pace of the move has made room for a significant short-term decline. Even though Bitcoin's technical structure has significantly improved, a return to the $70,000 range should not be discounted. After starting from the $63,000-$65,000 consolidation range, BTC is currently trading at about $78,700. 

In just a few days, the breakout caused a significant increase in volume and propelled Bitcoin through multiple significant moving averages. Above all, Bitcoin recovered the long-term moving average at $71,765, which had served as resistance all summer. The medium-term picture is significantly improved by that breakout. 

Nevertheless, without creating significant support between $72,000 and its current price, Bitcoin is currently almost 10% above this long-term average. Additionally, momentum appears stretched. The daily RSI is well within overbought territory, hovering around 82. 

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An elevated RSI shows that Bitcoin has moved significantly faster than its underlying trend, but it does not always indicate an immediate reversal, especially during strong breakout phases. The first support, which corresponds to the recent consolidation after the initial vertical move, is situated between $76,000 and $77,000.

Bitcoin may be able to challenge $80,000 and eventually reach the May high of about $82,000 if this area is maintained. However, the $71,000–$72,000 range would be the focus of a deeper correction. The long-term moving average is currently close to $71,765, making this area especially crucial.

Bitcoin could verify whether previous resistance has truly turned into support by conducting a retest. The $67,000–$68,500 cluster, which has multiple shorter moving averages, is another significant support zone below that. Therefore, Bitcoin's comeback would not necessarily be invalidated by a move toward $70,000.

A retest of the breakout area might actually result in a more robust technical structure following such a sharp increase from roughly $64,000 to nearly $80,000. If Bitcoin fell below $70,000 and then failed to regain the long-term moving average, that would be a more serious warning. 

Shiba Inu is demonstrating that, despite strong resistance near the long-term moving average, its most recent recovery may still have more room to grow. As a number of technical indicators continue to improve, SHIB is currently trading close to $0.00000543, holding onto the majority of the gains made during its most recent breakout. 

The most significant development occurred when SHIB surged from roughly $0.00000445 to momentarily reach $0.00000620. The token was pushed through its short- and medium-term moving averages almost instantly by that move, which carried significant volume. The long-term moving average at $0.00000574, however, was directly hit by the rally. 

SHIB produced a long upper wick and subsequent correction after briefly trading above it but failing to gain a daily foothold. This indicates that the main resistance zone is between $0.00000570 and $0.00000600. The recovery is not necessarily threatened by the rejection itself. SHIB is still above the orange moving average near $0.00000494, while the shorter averages are located at roughly $0.00000486 and $0.00000460. 

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SHIB has created a significant technical buffer above a number of trend indicators for the first time in months. Another attempt is supported by momentum. The RSI is currently at about 62, which is lower than the overbought readings produced during the initial spike. 

Another attack on $0.00000574 becomes feasible after that. $0.00000600–$0.00000620 would be exposed by a confirmed breakout above the long-term moving average, with the May resistance at $0.00000650 coming next. If SHIB loses $0.00000520, the negative scenario begins. The most crucial immediate support in that scenario is $0.00000490.

If that level is lost, the breakout will be significantly weakened and SHIB may return to $0.00000460. Although SHIB has not yet fully reversed its trend, its structure has undoubtedly improved. A further push above $0.00000574 would offer much more convincing proof that buyers desire more than a short-term respite.

Bitcoin’s march toward the historic $80,000 milestone hit a brick wall today:  immense sell pressure triggered a sharp intraday pullback. 

However, despite the steep drop, market metrics and aggressive dip-buying indicate that bullish sentiment remains largely unshaken.

Bitcoin bulls made two distinct attempts to breach the $80,000 level earlier today. The price action spiked toward the major resistance line just before 11:30 and again shortly after 12:15, only to be met with aggressive selling right below the threshold.

$BTC 80k wicked right underneath the level and then snap backI know a lot of people esp non technicians abhor psych levels but esp in a market like $BTCUSD the 'what' is far more important than the 'why' https://t.co/gjvxMQlRdZ pic.twitter.com/bpNlYxGfq0

— James Stanley (@JStanleyFX) August 24, 2026

Market analyst James Stanley has noted that the asset "wicked right underneath the level and then snap[ped] back." 

After failing to hold the $79,500 support level, the price cascaded down. Selling accelerated until Bitcoin found a local bottom just above $78,400 around 13:30, before mounting a steady recovery back above the $79,000 mark.

Despite the swift $1,500 intraday drop, market observers are noting highly unusual buyer behavior. Instead of waiting for deeper capitulation or better entries in the lower $70,000s, buyers are aggressively stepping in to front-run the market.

On-chain analyst Rafael (@n3ocortex), citing Glassnode data, remarked on this phenomenon. "Buyers have stopped waiting for a better price," he stated. "Haven't seen them this impatient in years." This urgency explains the rapid V-shaped recovery seen on the right side of the chart, where consecutive bullish candles quickly erased a significant portion of the morning's losses.

This buying pressure is being corroborated by changing exchange dynamics. According to market commentator Ted (@TedPillows), the Coinbase Bitcoin Premium is no longer negative for the first time in three and a half months.