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SOL may rally to a new ATH if $117 support holds and RSI rebounds from the key 40 level. A breakdown below $117 could trigger a slow bleed toward lower support zones in 2025. RSI at 40 suggests room for upside, but bearish divergence warns of fading bullish strength.



Bitcoin fails to deliver this quarter as gold outperforms and US trade tariffs keep BTC price upside firmly off the menu as crypto traders brace for impact.

Solana, RENDER, and Jupiter are emerging as top U.S.-based crypto contenders, showcasing real-world utility despite price pressure.

Pi Network struggles as outflows intensify and market conditions worsen, pushing the coin toward a new all-time low despite brief capital inflows.


Stablecoin regulation faces challenges similar to those of money market funds, undergoing setbacks but ultimately integrating into the financial system
- 18:33A major whale increases Ethereum short positions to 57,000 ETH, with a liquidation price of $3,727BlockBeats News, August 5—According to monitoring by EmberCN, after a partial liquidation of his position, the [Four-Time ETH 75% Win Rate Whale] has once again increased his ETH short position to 50,000 ETH ($181 million). Previously, his 50,000 ETH short position was reduced to 24,000 ETH following last night’s position reduction and a partial liquidation early this morning. He then began gradually withdrawing ETH and ARB from a certain exchange, selling them on-chain for 7.21 million USDC, and transferred the funds to Hyperliquid to continue increasing his ETH short position. After several rounds of adding to his position, his ETH short has returned to 50,000 ETH ($181 million). Shortly after these trading operations, the whale further increased his short position by 7,000 ETH, expanding his total position to 57,000 ETH, with an entry price of $3,632 and a liquidation price of $3,727. He is currently sitting on an unrealized profit of over $2.5 million.
- 18:33"Insider Trader" Increases Short Positions to $132 Million, BTC Short Liquidation Price at $114,210BlockBeats News, August 5 — “Insider trader” @qwatio increased his short position 25 minutes ago, raising the total to $132 million. Previously, his $300 million short position was repeatedly liquidated and reduced to below $100 million. After tonight’s market decline, he added to his position. Currently, his BTC short liquidation price is $114,210, and his ETH short liquidation price is $3,822, with an overall unrealized profit of approximately $1.4 million.
- 18:32Succinct Prover Network officially launches on mainnet with native token PROVE enabledBlockBeats News, August 5 — The Succinct Prover Network is a decentralized prover network marketplace based on Ethereum, allowing various applications to submit zero-knowledge proof (ZK proof) requests, which are then competitively verified by independent provers. Its goal is to enable developers to leverage zero-knowledge technology without custom configuration, making it easier to build secure, transparent, and scalable crypto infrastructure. This system will support a range of platforms, including Ethereum—Ethereum has already identified ZK technology as a key focus for its future development. At the same time, the system also supports high-speed rollups, making it suitable for computation-intensive applications that process tens of thousands of transactions per second, such as trading platforms and AI agents. The network architecture adopts an off-chain execution and on-chain settlement design—similar to Layer 2 solutions. Proofs are periodically published to Ethereum, allowing any user to independently verify them. Users interact with off-chain components for higher performance, while the settlement process is enforced by on-chain mechanisms.