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A significant shift in preference has emerged regarding Ethereum’s future security architecture. Ethereum Foundation researcher Justin Drake stated that Layer 1 will turn to more traditional hash functions such as SHA or BLAKE instead of Poseidon. Behind the change are new SNARK techniques that enable traditional hash algorithms to run more efficiently in zero-knowledge proofs. This step is also part of Ethereum’s broader post-quantum security strategy, with production-grade LeanVM in 2027 and the consensus, data, and execution layers in 2028#GateLaunchpool141MDOS $ETH

The decline on Friday occurred following a specific development. On Thursday, the Treasury sold $25 billion worth of 30-year bonds. The interest rate was announced as 5.216%.
Bids came in at 2.39 times the offering and were in line with recent sales. Demand was not bad, but the price was not satisfactory#GateLaunchpool141MDOS $BTC

Bitcoin, which has lost approximately 1% in value since midnight, fell below $63,000, reaching its lowest level since August 3. Thus, it fully gave back last week’s gains. BTC was trading at around $62,700 at press time, after rising as high as $63,400 during the day. Ethereum also lost 0.73% in value. However, some altcoins diverged from the broader market with gains exceeding 10%.#GateTop1GrowthInJuly $BTC

Bitcoin fell below $63,000. Spot Bitcoin ETFs saw outflows for the second consecutive day, and there appears to be no development to trigger a rally in the market. During the same period, volatility is declining across the crypto, stock and bond markets.#GateTop1GrowthInJuly $BTC

China’s central bank provided $52 billion in liquidity on Friday, but Bitcoin fell 1.7% to $62,605.
Three new funding days open on Monday. Each is capped at approximately $88 billion.
Bitcoin also fell after the first inflow in June. It repeated the same pattern.#GateLaunchpool141MDOS $BTC

Defined Bitcoin as an alternative to monetary systems in which central banks and governments can create more money. Bitcoin's supply rules cap the total supply at 21 million Bitcoin, but new Bitcoins will continue entering circulation through mining until the maximum supply is reached.#GateLaunchpool141MDOS $BTC

Bitcoin traded largely flat after edging lower following inflation data released in the US today. The largest cryptocurrency was trading around $63,863, with little change over the past 24 hours or on a weekly basis. The data, which came in line with expectations, is considered likely to weaken expectations of a rate hike, while possible monetary easing could support Bitcoin.#GateJulyTransparencyReportReleased $BTC

Bitcoin price traded sideways below $64,000 on Thursday, August 13, while U.S. inflation data that came largely in line with expectations failed to trigger a new rally in the crypto market. BTC’s attempts to reach $65,000 proved unsuccessful, while $61.1 million in outflows from spot Bitcoin ETFs drew attention.#GateRankedTop4Globally $BTC

📊 Gate’s latest reserve ratio reaches 117%!
🔒 BTC excess reserve: 24.2%
🔒 ETH excess reserve: 22.02%
🔒 Overall stablecoin reserve ratio: 118.97%
📈 Total GUSD subscription volume exceeds 224 million coins
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📖 Full report: https://www.gate.com/zh/announcements/article/100959

Leading cryptocurrency Bitcoin
BTC has continued its downward trend since October. At this point, BTC has fallen from its last ATH of $126,000 in October to $58,000, while one of the major names in the market predicts that the decline may continue.#Get2SharesOfSKHynixAtZeroCost $BTC

The PCE index, which the Federal Reserve system values the most, peaked in May. The mentioned consumer spending index rose to its highest level in three years. The interest rate cut process led by new Fed Chairman Kevin Warsh may be delayed. The possibility of delaying the easing policy directly cuts risk appetite in the markets like a knife.
The cost of holding non-interest-bearing assets is running quite high these days#StrategyBuybackSurges12% $BTC

The total value of the cryptocurrency market declined from $4.28 trillion in October to just over $2 trillion at the end of June.
These losses followed the market's record-breaking growth in 2024 and 2025, which was fueled by a massive influx of institutional capital after the approval of the first Bitcoin-based exchange-traded funds (ETFs).#Get2SharesOfSKHynixAtZeroCost $GT

As the cryptocurrency market crashes, Bitcoin's price has fallen more than 50% since its peak.
On Monday, the world's leading cryptocurrency dropped below $59,000, 8 months after peaking at $126,000.#Get2SharesOfSKHynixAtZeroCost $BTC

Bitcoin, the pioneer of the cryptocurrency market, recorded a limited increase in Asian trading, reaching $62,583.
Market experts have noted that selling pressure has eased in recent weeks, but they believe that the demand volume needed to trigger a strong recovery has not yet materialized.#Get2SharesOfSKHynixAtZeroCost $BTC

Bitcoin, the largest asset in the cryptocurrency markets, is experiencing limited gains in Asian trading as investors continue to seek direction. Market experts believe that although selling pressure has decreased, the demand necessary for a strong upward trend has not yet materialized. #WorldCup🏴󠁧󠁢󠁳󠁣󠁴󠁿vs🇧🇷

According to on-chain data, more than 1.3 million BTC have changed hands in the $60,000 to $63,000 range.
Highlighting that this region is one of the largest volume clusters for Bitcoin, Martinez stated that the $60,587 level should be maintained as short-term support.
#Get2SharesOfSKHynixAtZeroCost $BTC

Due to recent developments in the Middle East, a certain altcoin fund in crypto ETFs that has experienced significant growth has distinguished itself from others. The token of the widely used protocol Hyperliquid, HYPE, hit a new record once again today.#MyGateTradeStory $BTC

Market conditions deteriorated sharply in a short period of time. While BTC price declined to around $16,000 within a few weeks, the company's debt at one point exceeded the total value of its Bitcoin and cash reserves by approximately $300 million. #MyGateTradeStory