Rorhiam

💰 Zcash rises 48% to $800 amid Grayscale’s spot ETF filing
ZEC broke above $800 — its first time since January 2018. The coin rose 48% in 24 hours, while futures trading volume reached billions of dollars.
The catalyst was Grayscale’s new filing to convert its Zcash Trust into a spot ETF. This fueled talk of ZEC as the “next Bitcoin” in line for an institutional product.
$ZEC ‌

🇨🇦Canada suspended trade talks with the US and said it would respond with tariffs “dollar for dollar.”
🇺🇸The US officially imposed 50% tariffs on certain Canadian goods – the decision took effect immediately.
$BTC ‌$ETH ‌

🧑‍⚖️ Justin Sun wins the first round of his dispute with Trump's WLFI
A new twist in the high-profile legal case involving the TRON ecosystem:
⚬ Public proceedings: Justin Sun succeeded in overturning the closed-door review of the case against WLFI.
⚬ Protecting rights: attention to issues surrounding asset freezes and digital asset transparency.
⚬ Interim success: the legal proceedings are moving into an open phase.
The industry is closely following developments that could affect corporate ethics standards in Web3.
$TRX ‌$WLFI ‌$USD1 ‌

🔥 AI accelerated crypto crime
TRM Labs reported that the use of AI in crypto crime grew by 40% over the year.
📊 Scammers lead, while hackers are already using AI for deepfakes, hacks, and social engineering.
AI does not create new schemes, but sharply lowers the cost of and scales up old ones.
$TAO ‌$NEAR ‌

🔥😱 BTC > $75000
+ $1.25 billion in position liquidations, of which $1.07 billion were shorts.
In just 48 hours, the price rose by $11,500, while the total crypto market capitalization increased by $350 billion.
$BTC ‌

Artificial intelligence eliminates around 16,000 jobs every month, according to a study.
Technology, consulting, design, and customer support specialists face the greatest risk. Young people and entry-level professionals are especially vulnerable, as their positions are most often subject to automation.
$TAO ‌
$NEAR ‌$RENDER ‌

🔼 Bitcoin surpassed $72,000
Bitcoin's price once again demonstrated strong growth, rising above $72,000.
$BTC ‌

🔥 Solana is testing the $88 level
Solana surged sharply and approached $88 after a powerful short squeeze in the crypto market.
📊 SOL liquidations exceeded $105 million, with nearly all of the volume coming from short positions.
However, the overbought RSI is already hinting at a possible pause or profit-taking.
$SOL ‌$USDC ‌

Trump stated that the US is considering purchasing “significant” amounts of BTC and other cryptocurrencies.
President Trump also urged Congress to pass the “Crypto CLARITY Act”.
$AAVE ‌
$SOL ‌$GT ‌

🔥 The US is pumping the market
The Treasury said that starting September 9, the volume of long-term bond buybacks will double — positive for the US market
BTC also reacted with a brisk green candle, with the price already above $67K, leading to over $500 million in short liquidations🚀
$BTC ‌$ETH ‌$SOL ‌

🍷An American single-handedly created a $165 million crypto pyramid scheme
59-year-old Edward Zimbardi became the center of legal proceedings after being accused of creating a fraudulent scheme.
According to prosecutors, in 2022–2023 he launched The Crypto Program, promising investors returns of 25% per month.
💵The scheme attracted thousands of participants, who transferred more than $165 million in cryptocurrency to wallets controlled by Zimbardi.
Of this amount, more than $34 million was lost in the futures markets, while at least $10 million was spent on personal needs.
Edward Zimbardi f

⚖️ Ripple and Nasdaq invited to crypto summit at the White House
The White House is preparing for a meeting with representatives of the crypto industry. The participants include executives from Ripple and Nasdaq. The meeting’s outcome is expected to influence the development of the industry’s regulatory framework.
$XRP ‌

🔥 Cypherpunk Launches Giant Zcash Mining Farm
Cypherpunk Technologies has launched the largest Zcash mining farm in the US through its Cypherpunk Mining subsidiary.
📊 With capacity of around 4.2 GSol/s, it already accounts for approximately 18% of Zcash's total network hashrate.
The mining operation is expected to strengthen the network and help Cypherpunk increase its ZEC reserves.
$ZEC ‌

🇺🇸Trump posted a map on which the Strait of Hormuz is marked as U.S. territory.
$TRUMP ‌$USD1 ‌

🫡 5 years of crypto pain
Despite the grim figures, understanding crypto market cycles opens up opportunities to make money.
‼️ Iran and the U.S. ultimatum
Iran issued an ultimatum to the U.S.: lift the naval blockade, unfreeze $120 billion in assets, cancel sanctions, pay $300 billion in reparations, and recognize its control over the Strait of Hormuz. Trump declared victory, but his approval rating fell to 33%.
🦸 U.S. Treasury and the GENIUS Act
Starting January 18, 2027, the U.S. Treasury plans to launch the GENIUS Act: stablecoin issuers will have to obtain a license and comply with

⚪️ Ethereum warns of possible issues with wallets
The foundation said that after the Glamsterdam upgrade, some wallets, indexers, and fee estimation services may malfunction and require updates
The reason is changes to the gas calculation model in the upcoming upgrade
$ETH ‌$LDO ‌

⚖️ EU Gains the Right to Block Crypto Platforms from Third Countries
The EU’s 21st sanctions package against Russia, adopted on July 23, expands regulators’ powers in the cryptocurrency sector. The authorities of the European Union can now ban crypto transactions with platforms from countries helping Russia circumvent the restrictions imposed.
In addition, the package tightens measures against a network of stablecoins denominated in Russian rubles and the organizations ensuring their operation. This is the first time an EU sanctions package has explicitly provided for the possibility of blocki

👀 BTC loses the 200-week MA, as it did in 2022
Interestingly, the 350-week MA perfectly caught the bottom back then👌
By October, this 350-week MA will be at $50k, coinciding with the CVDD level
$BTC ‌