Toncoin (TON) has recently consolidated below the 200-day EMA, but with Coinbase Ventures announcing their investment, the market's long positions sentiment has clearly intensified. Although the short-term price has only slightly rebounded by about 1%, both the technical and funding aspects indicate that TON may be brewing a 20% breakout.

PI Network Token (PI) has recently shown a strong price movement, successfully breaking through the upper band of the horizontal consolidation channel from August 2 to 8, releasing a bullish breakout signal. In the past 24 hours, it has risen by 2%, adding to the previous day's big pump of 16% and an increase in volume of 150% to $270 million, forming a positive pattern of rising volume and price. On the technical side, it holds above the 20-day EMA ($0.4038) as a dynamic support, but the attempt to break through the key resistance at $0.46 (4-hour supply zone + upper band of Bollinger Bands) encountered resistance and retraced. Whether it can break through $0.4451 or hold above the $0.3773 support will determine the short-term direction. Currently positioned at $0.413, the Bull vs Bear Battle intensifies.

Author: Gui Ruofei Lucius
> "The story of Polymarket reveals a compliance path driven by capital. In the early stages of platform operation, the project team prioritized scaling up and strengthening the project, placing compliance as a secondary concern to achieve economies of scale and first-mover advantage. Later, the project team leveraged the advantages accumulated in the initial stage to secure financing and actively pursued compliance transformation through acquisitions and other means using capital leverage, thus achieving legalization of the business and further expansion. This is not only a compliance strategy but also a business strategy."
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The traditional polling organizations in the United States never expected that it wouldn't be advanced artificial intelligence replacing them, but rather a Web3 prediction platform. In the 2024 election, various polling organizations' survey data indicate that Harris holds a significant advantage over Trump in terms of support. However, the prediction results from the Polymarket platform are vastly different from those of the polling organizations, with Trump...

The US Spot Ethereum ETF reached a historic moment on Monday - a single-day net inflow surpassed $1 billion for the first time, setting a new record since its launch in July last year. ETH price firmly held above $4,000, market sentiment soared, and discussions about whether "altcoin season" is about to begin have reignited.

Crypto analyst Ali Martinez predicts Dogecoin may surge to $0.70 if it breaks the key resistance at $0.36, where many holders may sell. A decisive move above this level could lead to significant gains, with no major resistance until $0.70.

Cardano (ADA) is currently priced at $0.82, having risen 2.82% in the past 24 hours, reigniting bullish sentiment in the market. On-chain data shows that Whale addresses (holding 100 million to 1 billion ADA) swept up 20 million ADA (worth approximately $166 million) from August 9 to 10, while the net inflow to spot exchanges during the same period was $11 million, followed by an additional $3.61 million, indicating strong accumulation. However, the perpetual futures market reveals divergence: volume has dropped by 21.49% to $2.14 billion, and the Long-Short Ratio falling below 1 suggests short-term selling pressure. Whether ADA can break through the key $0.83 resistance wall (which previously triggered a 20% pullback) will determine its success in hitting the $1 target.

S&P Global has rated the DeFi protocol Sky Protocol for the first time, resulting in a B-. The report points out its high governance concentration, weak capital, and liquidity risks, indicating significant pressure on the stablecoin USDS. Although Sky Protocol can meet its financial obligations, it has limited room to maneuver under adverse market conditions. To improve its rating, it needs to decentralize governance, enhance capital, and improve liquidity management. In the future, the DeFi ecosystem will tend towards standardization and compliance.

Kazakhstan authorities have exposed a scheme where electricity firms illegally supplied power to cryptocurrency miners, violating laws requiring miners to buy from a state platform. The misappropriation amounts to $16.5 million and contributed to a growing miner exodus from the country.

On August 11, Ethereum (ETH) price strongly broke through $4,300, setting a new high since the end of 2021. This surge is not driven by a single event but rather a combination of multiple favourable factors, including the clarification of regulations on liquid staking, optimistic sentiment towards ETFs, increased L2 activity, and the advancement of Mainnet tokenization pilot projects. Experts believe that if ETH stabilizes above a key range, it is likely to challenge $4,500 and potentially lead a new round of "alts season."

Vivopower plans to invest $100 million in Ripple by acquiring shares, indirectly owning 211 million XRP. This move, leveraging Ripple's ecosystem, offers significant discounts compared to direct purchases and positions Vivopower uniquely in the market.

The price of Pi coin has recently taken advantage of the market rebound, with an increase of nearly 15% over the past 7 days, marking its best performance in over a month. The technical indicators are showing three positive signals: the ADX indicator, which measures trend strength, has significantly risen (from 13.3 to 19.6); the daily chart RSI has formed a bullish divergence (price is falling while the indicator is rising); the 4-hour chart is presenting an ascending triangle structure and is about to form a golden cross pattern with the 20/100 period EMA. If the price holds above the support at $0.39 and breaks through the resistance at $0.43, it may trigger an accelerated upward movement. However, caution is advised as a fall below $0.38 (50EMA) would damage the short-term bullish structure.

JasmyCoin (JASMY) returned to an upward trend on Tuesday after a brief pullback, with the price breaking through 0.016 USD. On-chain and derivation market data indicate that whales are actively accumulating, exchange outflow has surged, and the Long-Short Ratio has reached a one-month high, with market sentiment shifting to bullish. Technical indicators suggest that JASMY may be brewing a new round of upward momentum.

The cryptocurrency market has seen a widespread rebound today, with PumpFun (PUMP), Bitcoin Cash (BCH), and Cronos (CRO) becoming the focus. PUMP continues to rise in a rising wedge pattern, BCH approaches the key level of 600 dollars, and CRO has achieved a rare nine consecutive rises. Technical indicators show that the buying pressure for the three major tokens is increasing, and a larger rebound may be expected in the short term.

A veteran swing trader is shorting ETH with 15x leverage, risking a significant loss if ETH surpasses $4,383.66. Despite bullish sentiment and increased accumulation, concerns arise about potential price dips affecting his position.

The narrative that "Ethereum is dead" has resurfaced repeatedly in the crypto market over the years. However, the recent price movement and technical patterns of ETH seem to be giving entirely different signals. Classic breakout patterns, a recovery in volume, and a rise in Google search trends have all led the market to begin discussing: could this be the prelude to altcoin season?

As the "Airdrop Season" of leading projects such as zkSync and Starknet comes to an end, zero-knowledge (ZK) technology has ignited both enthusiasm and controversy in the community like never before. For the first time, millions of users' wallet addresses have a tangible connection to this profound Cryptography technology. However, amidst the clamor surrounding valuation, volume, and airdrop rules, are we falling into a kind of "winner's myopia"? Are we merely locking the imagination of ZK into the single dimension of "making Ethereum faster and cheaper"?

While the market's attention is still focused on the fierce competition in the Layer 2 space, another grand wave—the integration of AI and Crypto—is quietly rising. ZK is the key technological bridge connecting these two super narratives. This article aims to penetrate the current hype around ZK-Rollups.

Bitcoin continues its strong rebound this week, with the current price breaking through the $120,000 mark, just a step away from the historical high of $123,000, with a rise of 5.1% in the past 7 days. Key on-chain data indicates that large USDT transfers on the TRON network (especially single transactions exceeding $10 million by "super whales") can serve as leading indicators for predicting BTC price direction. Currently, the daily USDT transfer volume exceeding $10 million has not reached the $5 billion warning line, indicating that whales have not yet engaged in large-scale dumping. Meanwhile, analysis of order size in the futures market shows that the proportion of retail investor trading has increased recently, while institutional investors may be holding back. If there is no significant distribution activity, Bitcoin still has the potential to break through its historical high.